Fortinet, Inc. (FTNT) shares fell 0.0% to $157.42 as of September 9, 2026, a slight decline from the prior close of $157.47. BestStocks flagged the session as a major change for FTNT. Below, we break down what changed for FTNT, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
FTNT fell 0.0% to $157.42
FTNT fell 0.0% in its latest session, moving from $157.47 to $157.42.
RiskWeak confidence
Rel. volume
0.2×
Below Avg
Vs peers
—
No comparable peers
Market cap
$115.5B
NASDAQ Global Select
Analyst target
$159
+1.3% vs price
Price chart
Aug 10 – Sep 9
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Fortinet, Inc. investors
For Fortinet, Inc. investors, the recent signals add up to a bearish shift. Weighing against that: Material negative event; Negative session, down 0.0%. Wall Street's consensus price target sits at $159.39, implying +1.3% upside from $157.42. Over the past 90 days analysts logged 1 upgrade and 1 downgrade. BestStocks rates the overall signal quality weak (27/100). With earnings roughly 56 days out, the next report is the most likely near-term test of the move.
FTNT price reaction
FTNT last traded at $157.42, down $0.05 (-0.03%) from the previous close of $157.47. The session traded on 0.2× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $150.79 and $172.78, and it currently sits about 30% of the way up that band.
Bullish and bearish analyst opinions on Fortinet, Inc. (FTNT)
The consensus analyst price target on Fortinet, Inc. (FTNT) is $159.39, 1.3% above the recent $157.42. Over the past 90 days analysts logged 1 upgrade, 22 maintains, and 1 downgrade. Here is how the bullish and bearish cases on FTNT line up.
▲ The bullish case
+Wall Street's consensus price target of $159.39 implies +1.3% upside from $157.42.
+The Street's most bullish target is $203.00 (+29.0%).
+1 analyst upgrade in the past 90 days, most recently Morgan Stanley to Equal Weight (2026-07-21).
▼ The bearish case
−The most bearish analyst target is $100.00 (-36.5%).
−1 analyst downgrade in the past 90 days, most recently HSBC to Reduce (2026-06-30).
−Material negative event.
−Negative session, down 0.0%.
−Fortinet fell 5.40% to $153.11 amid high valuation concerns and broader technology sector pressure, per web sources.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Sep 9, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Fortinet, Inc. (FTNT) moved +2.63% from $153.44 to $157.47 on 2026-09-08. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average at 0.7x, indicating typical trading activity.
Fortinet shares fell 5.23% to $161.99 after Yahoo Finance highlighted concerns that the stock may be overvalued based on cash flow and earnings multiples, despite a 180.8% three-year gain. Volume at 1.55M shares was running 0.87x the expected pace 151 minutes into the session.
Material / Earnings2026-08-31+3.0%
Fortinet, Inc. (FTNT) moved +2.60% from $166.60 to $170.93 on 2026-08-31. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume was 1.5x the 5-day average, indicating modestly elevated trading activity.
Fortinet fell 5.74% to $162.87 on intraday weakness tied to competitive and market headwinds, per Yahoo Finance reporting on Aug. 28. Volume of 1.1M shares ran 1.35x the historical average for this point in the session, suggesting coordinated selling pressure.
Fortinet (FTNT) rose 5.14% to $165.65, driven by sustained momentum from strong Q2 earnings and raised 2026 guidance ($8.02–$8.18B revenue range), combined with robust enterprise demand for AI-powered security products and favorable analyst sentiment across the cybersecurity sector (investing.com). The stock approached its 52-week high of $168.29, reflecting continued institutional buying interest in FortiGate firewalls and SASE platforms.
Material / Earnings2026-08-26+2.5%
Fortinet, Inc. (FTNT) moved +3.99% from $151.50 to $157.54 on 2026-08-26. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move occurred on volume near its 5-day average.
Material / Earnings2026-08-19-3.3%
Fortinet, Inc. (FTNT) moved -3.24% from $157.97 to $152.85 on 2026-08-19. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move was not driven by unusual trading activity.
Material / Earnings2026-08-17-2.6%
Fortinet, Inc. (FTNT) moved -2.62% from $160.05 to $155.85 on 2026-08-17. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move occurred on volume near its 5-day average.
In-depth FTNT event analyses
Permanent, dated analyses of FTNT's most significant sessions.
FTNT fell 0.0% to $157.42. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did FTNT stock fall?
FTNT lost 0.03% ($0.05) versus the prior close of $157.47, last trading at $157.42 on 0.2× average volume.
When is Fortinet, Inc.'s next earnings date?
FTNT's next earnings report is estimated for 2026-11-04 — about 56 days away.
What is the analyst price target for FTNT?
The consensus analyst price target for FTNT is $159.39, about 1.3% above the current $157.42. Over the past 90 days, analysts recorded 1 upgrade, 22 maintains, and 1 downgrade.
How BestStocks tracks FTNT
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared FTNT-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for FTNT, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 9, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
