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FTNT Stock Forecast 2026-2027
$75.38
Current Price
$57.76B
Market Cap
Buy 9
Hold 30
Sell 3
Wall St Analyst Ratings
Distance to FTNT Price Targets
+59.2%
To High Target of $120.00
+14.1%
To Median Target of $86.00
-7.1%
To Low Target of $70.00
FTNT Price Momentum
-4.8%
1 Week Change
-5.5%
1 Month Change
-20.0%
1 Year Change
-5.1%
Year-to-Date Change
-34.3%
From 52W High of $114.82
+7.5%
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 55 Wall Street analysts, FTNT has a neutral consensus with a median price target of $86.00 (ranging from $70.00 to $120.00). The overall analyst rating is Buy (6.5/10). Currently trading at $75.38, the median forecast implies a 14.1% upside. This outlook is supported by 9 Buy, 30 Hold, and 3 Sell ratings.
The most optimistic forecast comes from Daniel Ives at Wedbush, projecting a 59.2% upside. Conversely, the most conservative target is provided by Meta Marshall at Morgan Stanley, suggesting a 7.1% 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
9
Buy
30
Hold
3
Sell
FTNT Price Target Range
Low
$70.00
Average
$86.00
High
$120.00
Current: $75.38
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 |
|---|---|---|---|---|---|
| Jan 13, 2026 | Citigroup | Fatima Boolani | Neutral | Maintains | $85.00 |
| Jan 5, 2026 | Piper Sandler | Rob Owens | Neutral | Maintains | $90.00 |
| Dec 18, 2025 | Morgan Stanley | Meta Marshall | Underweight | Maintains | $70.00 |
| Dec 17, 2025 | JP Morgan | Brian Essex | Underweight | Downgrade | $75.00 |
| Nov 6, 2025 | Jefferies | Joseph Gallo | Hold | Maintains | $80.00 |
| Nov 6, 2025 | Piper Sandler | Rob Owens | Neutral | Maintains | $85.00 |
| Nov 6, 2025 | Baird | Shrenik Kothari | Neutral | Maintains | $86.00 |
| Nov 6, 2025 | JP Morgan | Brian Essex | Neutral | Maintains | $85.00 |
| Nov 6, 2025 | TD Cowen | Shaul Eyal | Hold | Maintains | $100.00 |
| Nov 6, 2025 | Rosenblatt | Catharine Trebnick | Neutral | Maintains | $85.00 |
| Nov 6, 2025 | Barclays | Saket Kalia | Equal-Weight | Maintains | $88.00 |
| Nov 6, 2025 | UBS | Roger Boyd | Neutral | Maintains | $80.00 |
| Nov 6, 2025 | RBC Capital | Dan Bergstrom | Sector Perform | Maintains | $85.00 |
| Nov 6, 2025 | Mizuho | Gregg Moskowitz | Underperform | Maintains | $72.00 |
| Oct 20, 2025 | BWG Global | Mixed | Downgrade | $N/A | |
| Sep 2, 2025 | Morgan Stanley | Meta Marshall | Underweight | Downgrade | $67.00 |
| Aug 18, 2025 | Citigroup | Fatima Boolani | Neutral | Maintains | $85.00 |
| Aug 11, 2025 | Susquehanna | Neutral | Maintains | $N/A | |
| Aug 8, 2025 | Evercore ISI Group | Amit Daryanani | In-Line | Maintains | $78.00 |
| Aug 7, 2025 | Scotiabank | Patrick Colville | Sector Outperform | Maintains | $85.00 |
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.
Fortinet Inc. (FTNT) Financial Data
Fortinet Inc. has a market capitalization of $57.76B with a P/E ratio of 31.4x. The company generates $6.55B in trailing twelve-month revenue with a 28.6% profit margin.
Revenue growth is +14.4% quarter-over-quarter, while maintaining an operating margin of +31.6% and return on equity of +228.0%.
Valuation Metrics
Market Cap
$57.76B
Enterprise Value
$54.72B
P/E Ratio
31.4x
PEG Ratio
-2.8x
Price/Sales
8.9x
Growth & Margins
Revenue Growth (YoY)
+14.4%
Gross Margin
+80.8%
Operating Margin
+31.6%
Net Margin
+28.6%
EPS Growth
-12.2%
Financial Health
Cash/Price Ratio
+5.6%
Current Ratio
1.0x
Debt/Equity
148.1x
ROE
+228.0%
ROA
+13.9%
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Fortinet Inc. (FTNT) Business Model
About Fortinet Inc.
What They Do
Provides advanced cybersecurity solutions and services.
Business Model
Fortinet generates revenue by offering a range of cybersecurity products, including firewalls, antivirus, and intrusion prevention systems. Its business model includes subscription services for ongoing security updates and real-time threat intelligence, appealing to a diverse clientele across various sectors such as enterprises and government organizations.
Additional Information
Founded in 2000 and based in Sunnyvale, California, Fortinet invests in technologies like AI and machine learning to enhance its security offerings. The company operates FortiGuard Labs for proactive threat detection, positioning itself as a key player in the cybersecurity market and supporting digital transformation efforts.
Company Information
Sector
Technology
Industry
Software - Infrastructure
Employees
15,015
CEO
Mr. Ken Xie
Country
United States
IPO Year
2009
Website
www.fortinet.comFortinet Inc. (FTNT) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Here's Why Fortinet (FTNT) is a Strong Growth Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Jan 16, 2026
By Zacks Equity Research
Tale of the Tape
Company News for Jan 15, 2026
Companies in The News Are: FTNT,TCOM,JPM,GS
Jan 15, 2026
By Zacks Equity Research
Corporate Summary
Fortinet (FTNT) Declines More Than Market: Some Information for Investors
The latest trading day saw Fortinet (FTNT) settling at $76.39, representing a -2.48% change from its previous close.
Jan 14, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Fortinet (FTNT) stock is rising amid a tech sector rally following positive earnings from TSM. However, it remains down 26.8% over the past three months and recently hit a two-month low.
Why It Matters
Fortinet's stock rise amid a tech sector rally reflects investor sentiment, but the ongoing three-month decline signals potential volatility and uncertainty in its recovery.
Source: Forbes
Market Sentiment:
Positive
Quick Summary
Fortinet (FTNT) closed at $76.39, down 2.48% from the previous trading session.
Why It Matters
Fortinet's decline of 2.48% indicates potential volatility and market sentiment shifts, which could affect future stock performance and investor confidence.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
Fortinet (FTNT) is rated a Buy due to strong margins, diversified growth, and share repurchases. A 2026 firewall refresh cycle and partnerships with Nvidia and Arista enhance its market position.
Why It Matters
Fortinet's strong buy rating, low valuations, and strategic partnerships enhance its growth prospects, making it a compelling investment amid evolving tech demands and market dynamics.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
China aims to replace U.S. and Israeli tech with domestic alternatives, limiting Nvidia chips and imposing bans on companies like Palo Alto Networks, Fortinet, and Broadcom.
Why It Matters
China's push for domestic tech reduces reliance on U.S. firms, impacting companies like Nvidia and Broadcom, potentially lowering their market share and revenue.
Source: Schwab Network
Market Sentiment:
Negative
Quick Summary
China has prohibited domestic companies from using software from several U.S. cybersecurity firms, according to a recent report.
Why It Matters
China's ban on U.S. cybersecurity software could signal escalating trade tensions, impacting tech stocks and market sentiment while affecting global supply chains and cybersecurity investments.
Source: Barrons
Market Sentiment:
Negative
Quick Summary
Fortinet (FTNT) has a strong history of earnings surprises and is positioned well for a potential earnings beat in its upcoming quarterly report.
Why It Matters
Fortinet's strong earnings history and favorable conditions suggest potential for positive future performance, indicating possible stock price appreciation and investor confidence.
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 55 Wall Street analysts, Fortinet Inc. (FTNT) has a median price target of $86.00. The highest price target is $120.00 and the lowest is $70.00.
Is FTNT stock a good investment in 2026?
According to current analyst ratings, FTNT has 9 Buy ratings, 30 Hold ratings, and 3 Sell ratings. The stock is currently trading at $75.38. 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 $86.00 in the next 12 months. This represents a 14.1% increase from the current price of $75.38. 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 offering a range of cybersecurity products, including firewalls, antivirus, and intrusion prevention systems. Its business model includes subscription services for ongoing security updates and real-time threat intelligence, appealing to a diverse clientele across various sectors such as enterprises and government organizations.
What is the highest forecasted price for FTNT Fortinet Inc.?
The highest price target for FTNT is $120.00 from Daniel Ives at Wedbush, which represents a 59.2% increase from the current price of $75.38.
What is the lowest forecasted price for FTNT Fortinet Inc.?
The lowest price target for FTNT is $70.00 from Meta Marshall at Morgan Stanley, which represents a -7.1% decrease from the current price of $75.38.
What is the overall FTNT consensus from analysts for Fortinet Inc.?
The overall analyst consensus for FTNT is neutral. Out of 55 Wall Street analysts, 9 rate it as Buy, 30 as Hold, and 3 as Sell, with a median price target of $86.00.
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: January 18, 2026 6:02 AM UTC