Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
145.28
-2.72 (-1.84%)
At close: Jun 24, 2026, 4:00 PM EDT
142.80
-2.48 (-1.71%)
After-hours: Jun 24, 2026, 7:59 PM EDT
Fortinet Stock Forecast
Stock Price Forecast
According to 44 analysts polled by S&P Global, Fortinet stock has a consensus rating of "Hold" and an average price target of $113.78. The average 1-year stock price forecast is 21.68% lower than the current stock price, while the lowest is $70 (-51.82%) and the highest is $180 (+23.90%).
Price Target: $113.78 (-21.68%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Fortinet stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 9 | 10 | 10 |
| Buy | 2 | 1 | 1 | 1 | 0 | 1 |
| Hold | 27 | 29 | 29 | 29 | 29 | 28 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 2 | 2 | 3 | 3 | 3 | 3 |
| Total | 42 | 42 | 43 | 43 | 43 | 44 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $115 → $155 | Hold | Maintains | $115 → $155 | +6.69% | Jun 12, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $130 → $180 | Buy | Reiterates | $130 → $180 | +23.90% | Jun 8, 2026 |
| TD Cowen | TD Cowen | Buy Reiterates $125 → $160 | Buy | Reiterates | $125 → $160 | +10.13% | Jun 8, 2026 |
| DZ BANK AG | DZ BANK AG | Hold Downgrades $125 | Hold | Downgrades | $125 | -13.96% | May 19, 2026 |
| Robert W. Baird | Robert W. Baird | Hold Maintains $115 | Hold | Maintains | $115 | -20.84% | May 11, 2026 |
Financial Forecast
Revenue This Year
7.81B
from 6.80B
Increased by 14.89%
Revenue Next Year
8.64B
from 7.81B
Increased by 10.59%
EPS This Year
3.16
from 2.76
Increased by 14.38%
EPS Next Year
3.43
from 3.16
Increased by 8.52%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.0B | ||
| Avg | 7.8B | ||
| Low | 7.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 18.1% | ||
| Avg | 14.9% | ||
| Low | 14.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.37 | ||
| Avg | 3.16 | ||
| Low | 3.11 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 22.1% | ||
| Avg | 14.4% | ||
| Low | 12.7% |