Price target
Based on analysts projections #FTNT is expected to experience a positive growth trajectory over the next year.
The current average FTNT price target, as estimated by these analysts, is $71.68.
The predictions for the future FTNT stock price range from a low of $57.00 to a high of $85.00, highlighting the variability of market expectations for FTNT.
It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.
FTNT stock forecasts by analyst
| Analyst / firm | Date | Rating | Price target | Price when posted |
|---|---|---|---|---|
|
Shrenik Kothari Robert W. Baird |
February 7, 2024 | Buy | 81.00 | 69.48 |
|
Raymond McDonough Guggenheim |
November 3, 2023 | Sell | 62.00 | 47.75 |
|
Junaid Siddiqui Truist Financial |
November 3, 2023 | Sell | 60.00 | 47.75 |
|
Raymond McDonough Guggenheim |
August 7, 2023 | Buy | 70.00 | 56.77 |
| Loop Capital Markets | February 7, 2023 | Buy | 66.00 | 51.99 |
| BMO Capital | February 2, 2023 | Sell | 57.00 | 53.09 |
| Morgan Stanley | December 22, 2022 | Buy | 71.00 | 48.98 |
|
Hamza Fodderwala Morgan Stanley |
November 3, 2022 | Buy | 66.00 | 45.93 |
|
Carson Sippel SMBC Nikko |
October 6, 2022 | Buy | 70.00 | 53.74 |
|
Catharine Trebnick MKM Partners |
September 16, 2022 | Buy | 70.00 | 50.42 |
|
Brad Zelnick Deutsche Bank |
August 17, 2022 | Sell | 63.00 | 51.93 |
|
Dan Bergstrom RBC Capital |
August 4, 2022 | Buy | 69.00 | 52.53 |
|
Keith Bachman BMO Capital |
August 4, 2022 | Buy | 68.00 | 52.53 |
|
Gregg Moskowitz Mizuho Securities |
August 4, 2022 | Buy | 70.00 | 52.53 |
|
Saket Kalia Barclays |
August 4, 2022 | Buy | 77.00 | 52.53 |
|
Keith Bachman BMO Capital |
July 5, 2022 | Buy | 70.00 | 57.37 |
|
Michael Turits KeyBanc |
May 15, 2022 | Buy | 353.00 | 56.31 |
|
Patrick Colville Deutsche Bank |
May 12, 2022 | Buy | 300.00 | 52.19 |
|
Fatima Boolani Citigroup |
April 29, 2022 | Buy | 405.00 | 61.73 |
|
Brian Essex Goldman Sachs |
April 17, 2022 | Buy | 390.00 | 66.35 |
|
Saket Kalia Barclays |
April 3, 2022 | Buy | 395.00 | 67.80 |
|
Patrick Colville Deutsche Bank |
March 26, 2022 | Buy | 250.00 | 66.55 |
|
Daniel Ives Wedbush |
February 6, 2022 | Buy | 350.00 | 62.87 |
|
Catharine Trebnick Colliers Securities |
February 4, 2022 | Buy | 330.00 | 62.87 |
|
Irvin Liu Evercore ISI |
February 4, 2022 | Buy | 380.00 | 62.87 |
|
Adam Tindle Raymond James |
February 4, 2022 | Buy | 350.00 | 62.87 |
|
Hamza Fodderwala Morgan Stanley |
February 4, 2022 | Buy | 315.00 | 62.87 |
|
Andrew Nowinski Wells Fargo |
February 3, 2022 | Buy | 360.00 | 59.40 |
|
Shaul Eyal Cowen & Co. |
January 19, 2022 | Buy | 425.00 | 61.43 |
|
Gray Powell BTIG |
November 17, 2021 | Buy | 391.00 | 68.27 |
|
Shebly Seyrafi FBN Securities |
November 5, 2021 | Buy | 400.00 | 68.24 |
|
Rob Owens Piper Sandler |
November 5, 2021 | Buy | 350.00 | 68.24 |
|
Ittai Kidron Oppenheimer |
November 5, 2021 | Buy | 400.00 | 68.24 |
|
Brian Essex Goldman Sachs |
November 5, 2021 | Buy | 380.00 | 68.24 |
|
Michael Turits KeyBanc |
October 25, 2021 | Buy | 370.00 | 66.38 |
|
Adam Borg Stifel Nicolaus |
September 21, 2021 | Buy | 355.00 | 59.92 |
Fortinet (FTNT) Fundamentals Checker
Financial metrics are used to evaluate financial stability which helps analysts determine if Fortinet is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.
Neutral
Financial Scores
Updated on: 16/04/2024
Altman Z-Score: 4.9
Piotroski Score: 6.0
ESG Score
Updated on: 16/04/2024
Environmental: 44.1
Social: 48.9
Governance: 63.1
Financial Health
Updated on: 16/04/2024
DCF: Strong Buy
ROE: Strong Sell
ROA: Strong Buy
Debt to equity ratio: Strong Sell
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Sell
FTNT Discounted Cash Flow
Updated on: 16/04/2024
$102.203
Discounted Cash Flow Value
$64.730
Current Price
FTNT Revenues by Segment
Updated on: 16/04/2024
Revenue from Contract with Customer, Excluding Assessed Tax
FTNT Revenues by Region
Updated on: 16/04/2024
FTNT Notes Due
Updated on: 16/04/2024
| CIK | Exchange | Title |
|---|
There are no data to display
Fortinet (FTNT) Social Sentiments
Monitoring bullish and bearish sentiments towards Fortinet on Twitter and Stocktwits could help to forecast an upward or downward trend in Fortinet stock price.