- Number of Upgrades
- 36 (in the last 90 days)
- Consensus Rating
- Hold
- Rating Score
- 2.4
- Ratings Breakdown
- 14 Buy Ratings, 17 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $96.33 (1.9% Downside)
About Fortinet
Fortinet, Inc provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.
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Recent Analyst Ratings
Recent Recommendations for Fortinet:
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Scotiabank from $110.00 to $115.00. They now have a "sector outperform" rating on the stock. (1/21/2025)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Citigroup Inc. from $100.00 to $101.00. They now have a "neutral" rating on the stock. (1/17/2025)
- Fortinet, Inc. (NASDAQ: FTNT) had its "market perform" rating re-affirmed by analysts at Raymond James. (1/14/2025)
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $120.00 price target on the stock, up previously from $100.00. (1/6/2025)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $100.00 to $114.00. They now have a "buy" rating on the stock. (1/2/2025)
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at KeyCorp from a "sector weight" rating to an "overweight" rating. They now have a $115.00 price target on the stock. (12/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Jefferies Financial Group Inc. from $95.00 to $105.00. They now have a "hold" rating on the stock. (12/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Stifel Nicolaus from $90.00 to $103.00. They now have a "hold" rating on the stock. (12/18/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at JPMorgan Chase & Co. from $99.00 to $105.00. They now have a "neutral" rating on the stock. (12/16/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Mizuho from $68.00 to $78.00. They now have an "underperform" rating on the stock. (12/13/2024)
