FTNTTechnology · Software - InfrastructureThe 44 Wall Street analysts covering Fortinet, Inc. hold a median 12-month price target of $165 — +3.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 96 of 100 as at 15 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Fortinet, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (99): Analysts have, on balance, been raising their forecasts.
Value (39): The shares cost a lot relative to the profits and assets behind them.
Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on FTNT, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +3.1% from it.
Of the 20 most recent actions, 16 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 31 July 2026 | Susquehanna | Maintains | Neutral | $115 → $160 |
| 30 July 2026 | Barclays | Maintains | Equal-Weight | $170 → $190 |
| 30 July 2026 | BTIG | Maintains | Buy | $186 → $203 |
| 30 July 2026 | Cantor Fitzgerald | Maintains | Neutral | $165 → $185 |
| 30 July 2026 | Citigroup | Maintains | Neutral | $165 → $185 |
| 30 July 2026 | Evercore ISI Group | Maintains | In-Line | $150 → $165 |
| 30 July 2026 | Morgan Stanley | Maintains | Equal-Weight | $133 → $136 |
| 30 July 2026 | Piper Sandler | Maintains | Neutral | $110 → $175 |
| 30 July 2026 | RBC Capital | Maintains | Sector Perform | $160 → $185 |
| 30 July 2026 | Rosenblatt | Maintains | Buy | $185 → $195 |
| 30 July 2026 | Stifel | Maintains | Hold | $102 → $175 |
| 30 July 2026 | Wells Fargo | Maintains | Underweight | $120 → $135 |
| 28 July 2026 | Evercore ISI Group | Maintains | In-Line | $100 → $150 |
| 23 July 2026 | Cantor Fitzgerald | Maintains | Neutral | $110 → $165 |
| 23 July 2026 | Cantor Fitzgerald | Maintains | Neutral | — |
| 22 July 2026 | Citigroup | Maintains | Neutral | — |
| 22 July 2026 | Citigroup | Maintains | Neutral | $115 → $165 |
| 21 July 2026 | Morgan Stanley | Upgrade | Equal-Weight | — |
| 21 July 2026 | Morgan Stanley | Upgrade | Equal-Weight | $80 → $133 |
| 21 July 2026 | Truist Securities | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FTNT appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 13% of US stocks
Cheaper than 11% of US stocks
Cheaper than 2% of US stocks
Cheaper than 6% of US stocks
Higher than 75% of US stocks
Higher than 71% of US stocks
Higher than 91% of US stocks
Higher than 89% of US stocks
Higher than 88% of US stocks
Higher than 97% of US stocks
Higher than 97% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Fortinet, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Fortinet shares have reportedly gained 7,982% since institutions first made significant purchases in 2010, with the company's AI-related sales helping push the stock to new heights.
Why it matters — The substantial long-term share price gain and the role of AI sales in reaching new highs highlight notable momentum for Fortinet investors to observe.
FXEmpire highlights AI security as a growing investment theme, noting that while AI is often associated with productivity gains, it also enables faster, automated cyberattacks. The article positions security firms as beneficiaries ("winners") of this trend.
Why it matters — A Fortinet watcher would care because the article frames AI-driven cyber threats as a tailwind that positions AI security companies as winners.
Fortinet raised its 2026 financial guidance, citing accelerating firewall refresh cycles and adoption of secure access service edge (SASE) solutions, alongside advances in AI and silicon technology.
Why it matters — The upward revision to 2026 guidance signals that management expects sustained demand for its core security products, which could drive longer-term revenue growth.
The article reports that Fortinet (FTNT) stock is soaring in 2026, according to The Motley Fool, under the headline "Massive Update for Fortinet Stock Investors."
Why it matters — A Fortinet watcher would be interested in this update because it indicates strong share-price momentum for the company in 2026.
Zacks Investment Research published an Industry Outlook article highlighting Palo Alto Networks, Fortinet, and Okta. The piece calls attention to these companies within the broader industry analysis.
Why it matters — A FTNT watcher would note that Fortinet is being featured alongside its peers in a major analyst firm's industry outlook, signaling continued analyst coverage of the cybersecurity space.
The 44 Wall Street analysts covering Fortinet, Inc. have a median 12-month price target of $165, with estimates ranging from $86 to $220. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 44 analysts covering Fortinet, Inc., 11 rate it a Buy, 29 a Hold and 4 a Sell. Ticker Nerd's systematic factor model ranks Fortinet, Inc. 96 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 15 Aug 2026, Fortinet, Inc. ranks 96 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (99 of 100).
No one can know that. What the data says: the median 12-month target from 44 analysts implies +3.1% from the last close, and Ticker Nerd's factor model ranks Fortinet, Inc. 96 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Fortinet, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FTNT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $86 to $220 over the next 12 months.
Fortinet, Inc. returned +107.1% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Fortinet Inc. is a cybersecurity company that delivers hardware, software, and services designed to protect networked, cloud-based, application, and mobile environments.
The most recent item we track (FXEmpire, 14 Aug 2026): "AI Sales Push Fortinet Shares to New Heights". Fortinet shares have reportedly gained 7,982% since institutions first made significant purchases in 2010, with the company's AI-related sales helping push the stock to new heights.
Fortinet Inc. is a cybersecurity company that delivers hardware, software, and services designed to protect networked, cloud-based, application, and mobile environments. The company focuses on converging networking and security, offering integrated solutions that help organizations secure their infrastructure while maintaining performance and scalability. Its portfolio includes network security products such as next-generation firewalls, secure access service edge (SASE), and secure SD-WAN, as well as tools for security operations, application security, operational technology, and endpoint protection. Fortinet serves enterprises, communication service providers, government organizations, and small to medium-sized businesses across sectors including education, financial services, healthcare, manufacturing, and telecommunications. Many of its offerings are unified through the Fortinet Security Fabric architecture, which enables centralized visibility, automation, and coordinated threat response across an organization’s security estate. Incorporated in 2000 and headquartered in Sunnyvale, California, Fortinet operates globally through channel partners and direct sales, playing a significant role in enterprise and service-provider cybersecurity markets.
CEO Mr. Ken Xie · 15,472 employees · United States · https://www.fortinet.com