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Fortinet (DE:FO8)
FRANKFURT:FO8
Holding DE:FO8?
Track your performance easily
See the Price Targets and Ratings of:
FO8 Analyst Ratings
Moderate Buy
10 Buy
18 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
FO8 Stock 12 Month Forecast
Average Price Target
€66.08
▼(-3.79% Downside)
| Highest Price Target€78.10 | Average Price Target€66.08 | Lowest Price Target€57.45 |
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
HSBC
Reiterated
09/23/24
Citi
Reiterated
09/13/24
Stifel Nicolaus
Reiterated
09/13/24
CFRA
Reiterated
09/13/24
Robert W. Baird
Reiterated
09/12/24
Susquehanna
Reiterated
08/08/24
DZ BANK AG
Upgraded
08/08/24
Piper Sandler
Assigned
08/07/24
TD Cowen
Assigned
08/07/24
Barclays
Reiterated
08/07/24
FBN Securities
€71.82→€76.3
Buy
11.10%
Upside
Reiterated
08/07/24
Fortinet (FTNT) PT Raised to $85 at FBN SecuritiesFBN Securities analyst Shebly Seyrafi raised the price target on Fortinet (NASDAQ: FTNT) to $85.00 (from $80.00) while maintaining a Outperform rating.
Mizuho Securities
―
Hold
―
Reiterated
08/07/24
Analysts Offer Insights on Technology Companies: Fortinet (NASDAQ: FTNT), Sony (Other OTC: SNEJF) and Sunrun (NASDAQ: RUN)
Wells Fargo
€55.66→€57.45
Hold
-16.35%
Downside
Assigned
08/07/24
Wells Fargo Reaffirms Their Hold Rating on Fortinet (FTNT)
Bank of America Securities
€78.1
Buy
13.72%
Upside
Assigned
08/07/24
Buy Rating Affirmed for Fortinet on Strong Revenue Growth and Margin Performance
Best Analysts Covering Fortinet
Which Analyst Should I Follow If I Want to Buy DE:FO8 and Sell After:
1 Month
xxx
Success Rate
11/15 ratings generated profit
Average Return
+6.34%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 73.33% of your transactions generating a profit, with an average return of +6.34% per trade.
3 Months
xxx
Success Rate
11/15 ratings generated profit
Average Return
+13.48%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 73.33% of your transactions generating a profit, with an average return of +13.48% per trade.
1 Year
Success Rate
38/46 ratings generated profit
Average Return
+36.91%
assigned a buy rating 2 months ago
Copying Shaul Eyal's trades and holding each position for 1 Year would result in 82.61% of your transactions generating a profit, with an average return of +36.91% per trade.
2 Years
xxx
Success Rate
16/16 ratings generated profit
Average Return
+63.38%
assigned a xxx
rating 2 months 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 +63.38% 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.
FO8 Analyst Recommendation Trends
Rating
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
0
0
0
0
0
Buy
26
19
16
16
14
Hold
49
39
29
29
22
Sell
4
2
2
0
0
Strong Sell
0
0
0
0
0
total
79
60
47
45
36
Each month's total comprises the sum of three months' worth of ratings.
FO8 Financial Forecast
FO8 Stock Forecast FAQ
What is DE:FO8’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortinet’s 12-month average price target is €66.08.
What is DE:FO8’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for DE:FO8, 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 Fortinet a Buy, Sell or Hold?
Fortinet has a consensus rating of Moderate Buy, which is based on 10 buy ratings, 18 hold ratings and 0 sell ratings.
What is Fortinet’s share price target?
The average share price target for Fortinet is €66.08. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €78.10 ,and the lowest forecast is €57.45. The average share price target represents -3.79% Decrease from the current price of €68.68.
The highest analyst share price target is €78.10 ,and the lowest forecast is €57.45. The average share price target represents -3.79% Decrease from the current price of €68.68.
What do analysts say about Fortinet?
Fortinet’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 28 Wall Streets Analysts.
How can I buy shares of Fortinet?
To buy shares of DE:FO8, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.