Fortinet, Inc. (FTNT)
NASDAQ: FTNT · Real-Time Price · USD
146.48
-2.38 (-1.60%)
At close: Jun 3, 2026, 4:00 PM EDT
144.06
-2.42 (-1.65%)
After-hours: Jun 3, 2026, 7:59 PM EDT
Fortinet Stock Forecast
Stock Price Forecast
According to 43 analysts polled by S&P Global, Fortinet stock has a consensus rating of "Hold" and an average price target of $107.86. The average 1-year stock price forecast is 26.37% lower than the current stock price, while the lowest is $70 (-52.21%) and the highest is $150 (+2.40%).
Price Target: $107.86 (-26.37%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 10 | 9 | 9 | 9 | 10 |
| Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Hold | 30 | 27 | 29 | 29 | 29 | 29 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 3 | 3 | 3 |
| Total | 42 | 42 | 42 | 43 | 43 | 43 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DZ BANK AG | DZ BANK AG | Hold Downgrades $125 | Hold | Downgrades | $125 | -14.66% | May 19, 2026 |
| Robert W. Baird | Robert W. Baird | Hold Maintains $115 | Hold | Maintains | $115 | -21.49% | May 11, 2026 |
| Susquehanna | Susquehanna | Hold Reiterates $90 → $115 | Hold | Reiterates | $90 → $115 | -21.49% | May 8, 2026 |
| Citi | Citi | Hold Maintains $90 → $115 | Hold | Maintains | $90 → $115 | -21.49% | May 8, 2026 |
Unknown Analyst Guggenheim No rating | Guggenheim | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 8, 2026 |
Financial Forecast
Revenue This Year
7.81B
from 6.80B
Increased by 14.88%
Revenue Next Year
8.64B
from 7.81B
Increased by 10.55%
EPS This Year
2.78
from 2.42
Increased by 14.72%
EPS Next Year
3.02
from 2.78
Increased by 8.73%
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 | 3.07 | ||
| Avg | 2.78 | ||
| Low | 2.52 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 26.9% | ||
| Avg | 14.7% | ||
| Low | 4.0% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.