- Number of Upgrades
- 32 (in the last 90 days)
- Consensus Rating
- Hold
- Rating Score
- 2.4
- Ratings Breakdown
- 13 Buy Ratings, 19 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $88.93 (5.5% 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 "hold" rating re-affirmed by analysts at Needham & Company LLC. (11/22/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Scotiabank from $85.00 to $110.00. They now have a "sector outperform" rating on the stock. (11/20/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $105.00 price target on the stock, up previously from $85.00. (11/20/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Rosenblatt Securities from $90.00 to $100.00. They now have a "buy" rating on the stock. (11/20/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Royal Bank of Canada from $82.00 to $97.00. They now have a "sector perform" rating on the stock. (11/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Morgan Stanley from $105.00 to $106.00. They now have an "overweight" rating on the stock. (11/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Wedbush from $90.00 to $105.00. They now have an "outperform" rating on the stock. (11/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Robert W. Baird from $95.00 to $100.00. They now have an "outperform" rating on the stock. (11/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Piper Sandler from $80.00 to $100.00. They now have a "neutral" rating on the stock. (11/19/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Cantor Fitzgerald from $88.00 to $95.00. They now have a "neutral" rating on the stock. (11/19/2024)
