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FTNT Stock Forecast 2026-2027
$144.68
Current Price
$106.00B
Market Cap
Buy 10
Hold 28
Sell 5
Wall St Analyst Ratings
Distance to FTNT Price Targets
+3.7%
To High Target of $150.00
-24.0%
To Median Target of $110.00
-51.6%
To Low Target of $70.00
FTNT Price Momentum
+4.9%
1 Week Change
+60.8%
1 Month Change
+37.9%
1 Year Change
+82.2%
Year-to-Date Change
-3.6%
From 52W High of $150.07
+106.3%
From 52W Low of $70.12
📊 TOP ANALYST CALLS
Did FTNT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Fortinet is one of their latest high-conviction picks.
Latest FTNT Stock Price Targets & Analyst Predictions
Based on our analysis of 6 Wall Street analysts, FTNT has a neutral consensus with a median price target of $110.00 (ranging from $70.00 to $150.00). The overall analyst rating is Buy (6.6/10). Currently trading at $144.68, the median forecast implies a -24.0% downside. This outlook is supported by 10 Buy, 28 Hold, and 5 Sell ratings.
The most optimistic forecast comes from Gray Powell at BTIG, projecting a 3.7% upside. Conversely, the most conservative target is provided by Shrenik Kothari at Baird, suggesting a 51.6% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
FTNT Analyst Ratings
10
Buy
28
Hold
5
Sell
FTNT Price Target Range
Low
$70.00
Average
$110.00
High
$150.00
Current: $144.68
Latest FTNT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for FTNT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 26, 2026 | BTIG | Gray Powell | Buy | Maintains | $150.00 |
| May 8, 2026 | Citigroup | Neutral | Maintains | $N/A | |
| May 8, 2026 | Barclays | Equal-Weight | Maintains | $N/A | |
| May 8, 2026 | Susquehanna | Neutral | Maintains | $N/A | |
| May 7, 2026 | UBS | Neutral | Maintains | $N/A | |
| May 7, 2026 | TD Cowen | Buy | Maintains | $N/A | |
| May 7, 2026 | JP Morgan | Underweight | Maintains | $N/A | |
| May 7, 2026 | Scotiabank | Sector Perform | Maintains | $N/A | |
| May 7, 2026 | RBC Capital | Sector Perform | Maintains | $N/A | |
| May 7, 2026 | Truist Securities | Buy | Reiterates | $N/A | |
| May 7, 2026 | Wells Fargo | Underweight | Maintains | $N/A | |
| May 7, 2026 | Evercore ISI Group | In-Line | Maintains | $N/A | |
| May 7, 2026 | Piper Sandler | Neutral | Maintains | $N/A | |
| May 7, 2026 | Stephens & Co. | Equal-Weight | Maintains | $N/A | |
| May 7, 2026 | Rosenblatt | Buy | Maintains | $N/A | |
| May 7, 2026 | Mizuho | Underperform | Maintains | $N/A | |
| May 7, 2026 | BTIG | Buy | Upgrade | $N/A | |
| May 4, 2026 | BMO Capital | Market Perform | Maintains | $N/A | |
| Apr 21, 2026 | Cantor Fitzgerald | Neutral | Reiterates | $N/A | |
| Apr 14, 2026 | Mizuho | Underperform | Maintains | $N/A |
Fortinet Inc. (FTNT) Competitors
The following stocks are similar to Fortinet based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
FTNT
Fortinet
mkt cap
101.08B
Fortinet Inc. (FTNT) Financial Data
Fortinet Inc. has a market capitalization of $106.00B with a P/E ratio of 56.1x. The company generates $7.11B in trailing twelve-month revenue with a 27.5% profit margin.
Revenue growth is +20.1% quarter-over-quarter, while maintaining an operating margin of +31.3% and return on equity of +132.4%.
Valuation Metrics
Market Cap
$106.00B
Enterprise Value
$103.27B
P/E Ratio
56.1x
PEG Ratio
2.0x
Price/Sales
14.9x
Growth & Margins
Revenue Growth (YoY)
+20.1%
Gross Margin
+80.3%
Operating Margin
+31.3%
Net Margin
+27.5%
EPS Growth
+23.3%
Financial Health
Cash/Price Ratio
+3.1%
Current Ratio
1.2x
Debt/Equity
57.3x
ROE
+132.4%
ROA
+13.6%
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Fortinet Inc. (FTNT) Business Model
About Fortinet Inc.
What They Do
Provides cybersecurity solutions for various environments.
Business Model
Fortinet generates revenue by selling integrated cybersecurity hardware, software, and services. Its product portfolio includes next-generation firewalls, secure access service edge solutions, and a range of security tools catered to diverse sectors. The company operates both through channel partners and direct sales, which allows for a broad market reach.
Additional Information
Founded in 2000 and based in Sunnyvale, California, Fortinet serves a wide array of clients, including enterprises, government organizations, and small to medium-sized businesses. Its offerings are unified under the Fortinet Security Fabric architecture, which enhances centralized visibility and automated threat response, positioning the company as a key player in the cybersecurity market.
Company Information
Sector
Technology
Industry
Software - Infrastructure
Employees
15,311
CEO
Mr. Ken Xie
Country
United States
IPO Year
2009
Website
www.fortinet.comFortinet Inc. (FTNT) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Fortinet (FTNT) Up 38.6% Since Last Earnings Report: Can It Continue?
Fortinet (FTNT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Jun 05, 2026
By Zacks Equity Research
Realtime BLOG
Why Fortinet (FTNT) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Jun 04, 2026
By Zacks Equity Research
Tale of the Tape
FTNT Jumps 87.5% YTD on AI Security Push: Buy, Sell or Hold the Stock?
Fortinet stock soars 87.5% YTD on AI-driven security growth and strong earnings, but premium valuation and rising competition may temper upside.
Jun 03, 2026
By Vasundhara Sawalka
Analyst Blog
Latest News
Fortinet, Inc. (FTNT) Presents at Bank of America 2026 Global Technology Conference Transcript
4 days ago
Quick Summary
Fortinet, Inc. (FTNT) participated in the Bank of America 2026 Global Technology Conference, sharing insights and updates relevant to investors.
Why It Matters
Fortinet's presentation at a major conference signals its strategic direction and growth potential, influencing investor sentiment and stock performance in the cybersecurity sector.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Fortinet stock has risen 87.5% year-to-date, driven by AI security growth and strong earnings, though premium valuation and increasing competition may limit future gains.
Why It Matters
Fortinet's stock surge indicates strong market confidence in AI-driven security, but high valuation and competition could limit future growth potential.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Fortinet has higher total revenue than CrowdStrike, which shows steady quarter-over-quarter growth. Fortinet exhibits an upward trend with more revenue volatility.
Why It Matters
Fortinet's higher revenue may indicate stronger market presence, while CrowdStrike's steady growth suggests reliability. Volatility in Fortinet's revenue could signal potential risks or opportunities.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
Zacks Style Scores can help investors identify strong, market-beating stocks for their portfolios.
Why It Matters
Zacks Style Scores can guide investors in selecting stocks with higher potential for returns, influencing portfolio performance and strategy.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Stocks in the software industry have shown significant upward momentum, indicating a strong performance despite previous challenges.
Why It Matters
Rising stock performance in the struggling software industry indicates potential recovery and growth opportunities, impacting investor sentiment and market dynamics.
Source: Market Watch
Market Sentiment:
Positive
Quick Summary
Cybersecurity ETFs are increasingly popular due to rising demand for digital protection and risk management, driven by AI advancements in cloud technologies.
Why It Matters
Rising demand for cybersecurity solutions driven by AI and cloud growth indicates potential profitability for cybersecurity ETFs, signaling investment opportunities in a booming sector.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About FTNT Stock
What is Fortinet Inc.'s (FTNT) stock forecast for 2026?
Based on our analysis of 6 Wall Street analysts, Fortinet Inc. (FTNT) has a median price target of $110.00. The highest price target is $150.00 and the lowest is $70.00.
Is FTNT stock a good investment in 2026?
According to current analyst ratings, FTNT has 10 Buy ratings, 28 Hold ratings, and 5 Sell ratings. The stock is currently trading at $144.68. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for FTNT stock?
Wall Street analysts predict FTNT stock could reach $110.00 in the next 12 months. This represents a -24.0% decrease from the current price of $144.68. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Fortinet Inc.'s business model?
Fortinet generates revenue by selling integrated cybersecurity hardware, software, and services. Its product portfolio includes next-generation firewalls, secure access service edge solutions, and a range of security tools catered to diverse sectors. The company operates both through channel partners and direct sales, which allows for a broad market reach.
What is the highest forecasted price for FTNT Fortinet Inc.?
The highest price target for FTNT is $150.00 from Gray Powell at BTIG, which represents a 3.7% increase from the current price of $144.68.
What is the lowest forecasted price for FTNT Fortinet Inc.?
The lowest price target for FTNT is $70.00 from Shrenik Kothari at Baird, which represents a -51.6% decrease from the current price of $144.68.
What is the overall FTNT consensus from analysts for Fortinet Inc.?
The overall analyst consensus for FTNT is neutral. Out of 6 Wall Street analysts, 10 rate it as Buy, 28 as Hold, and 5 as Sell, with a median price target of $110.00.
How accurate are FTNT stock price projections?
Stock price projections, including those for Fortinet Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 6, 2026 7:25 PM UTC