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Fortinet (FTNT)
NASDAQ:FTNT
Holding FTNT?
Track your performance easily
See the Price Targets and Ratings of:
FTNT Analyst Ratings
Moderate Buy
11 Buy
18 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
FTNT Stock 12 Month Forecast
Average Price Target
$94.54
▲(2.26% Upside)
| Highest Price Target$111.00 | Average Price Target$94.54 | Lowest Price Target$68.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Truist Financial
Reiterated
11/20/24
Scotiabank
Reiterated
11/20/24
TD Cowen
Assigned
11/19/24
Piper Sandler
Reiterated
11/19/24
Barclays
Reiterated
11/19/24
BMO Capital
Reiterated
11/19/24
Wells Fargo
Assigned
11/19/24
Bank of America Securities
Assigned
11/19/24
Stifel Nicolaus
Assigned
11/19/24
J.P. Morgan
Reiterated
11/19/24
Evercore ISI
$90
Hold
-2.65%
Downside
Assigned
11/19/24
Fortinet (FTNT) Receives a Hold from Evercore ISI
Wedbush
$105
Buy
13.57%
Upside
Reiterated
11/19/24
Fortinet (FTNT) PT Raised to $105 at WedbushWedbush analyst Daniel Ives raised the price target on Fortinet (NASDAQ: FTNT) to $105.00 (from $90.00) while maintaining a Outperform rating.
UBS
$83→$98
Hold
6.00%
Upside
Reiterated
11/19/24
Fortinet (FTNT) PT Raised to $98 at UBSUBS analyst Fatima Boolani raised the price target on Fortinet (NASDAQ: FTNT) to $98.00 (from $83.00) while maintaining a Neutral rating.
Morgan Stanley
$105→$106
Buy
14.66%
Upside
Reiterated
11/19/24
Fortinet: Positioned for Strong Growth with Bullish Outlook and $140 Target Price by 2025
Rosenblatt Securities
$90→$100
Buy
8.17%
Upside
Reiterated
11/19/24
Fortinet (FTNT) PT Raised to $100 at RosenblattRosenblatt analyst Catherine Trebnick raised the price target on Fortinet (NASDAQ: FTNT) to $100.00 (from $90.00) while maintaining a Buy rating.
Best Analysts Covering Fortinet
Which Analyst Should I Follow If I Want to Buy FTNT and Sell After:
1 Month
xxx
Success Rate
13/17 ratings generated profit
Average Return
+7.58%
reiterated a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 76.47% of your transactions generating a profit, with an average return of +7.58% per trade.
3 Months
xxx
Success Rate
13/17 ratings generated profit
Average Return
+13.99%
reiterated a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 76.47% of your transactions generating a profit, with an average return of +13.99% per trade.
1 Year
Success Rate
16/19 ratings generated profit
Average Return
+26.96%
reiterated a buy rating 2 days ago
Copying Hamza Fodderwala's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +26.96% per trade.
2 Years
xxx
Success Rate
17/17 ratings generated profit
Average Return
+78.94%
assigned a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +78.94% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
FTNT Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
0
0
0
0
Buy
16
17
15
18
22
Hold
29
29
22
23
36
Sell
2
0
0
1
3
Strong Sell
0
0
0
0
0
total
47
46
37
42
61
Each month's total comprises the sum of three months' worth of ratings.
FTNT Financial Forecast
FTNT Stock Forecast FAQ
What is FTNT’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortinet’s 12-month average price target is $94.54.
What is FTNT’s upside potential, based on the analysts’ average price target?
Fortinet has 2.26% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is FTNT a Buy, Sell or Hold?
Fortinet has a consensus rating of Moderate Buy which is based on 11 buy ratings, 18 hold ratings and 1 sell ratings.
What is Fortinet’s price target?
The average price target for Fortinet is $94.54. This is based on 30 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $111.00 ,the lowest forecast is $68.00. The average price target represents 2.26% Increase from the current price of $92.45.
The highest analyst price target is $111.00 ,the lowest forecast is $68.00. The average price target represents 2.26% Increase from the current price of $92.45.
What do analysts say about Fortinet?
Fortinet’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 30 Wall Streets Analysts.
How can I buy shares of FTNT?
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