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FTNT
Volume: 1.54M

Fortinet (FTNT) Stock Forecast & Price Target

Fortinet (FTNT) Analyst Ratings

Based on 26 analyst ratings
Hold
Strong Buy 19%
Buy 0%
Hold 69%
Sell 12%
Strong Sell 0%

Bulls say

Fortinet is in the midst of a strong demand cycle driven by customer loyalty in secure networking and an expanding portfolio, and we believe this growth will continue as the company focuses on costs controls and expands into new markets. The company's recent price increases and subscription bundle offerings show a strong understanding of market trends, and we believe they will contribute to the company's ability to meet its Rule of 45 target and drive sustained multiple expansion. Fortinet's positions in emerging areas such as AI-driven security operations and OT security offer further growth potential, and the company's strong financials and competitive advantages in procurement and cost management position it well for continued success in the cybersecurity market.

Bears say

Fortinet is experiencing strong product growth and is set to see acceleration in services revenue in the second half of 2026, with projected FY26 services revenue of $5.09B to $5.15B representing a 12% growth at the midpoint. However, there are concerns about pricing and potential lagging services growth, as seen in 1Q26. Additionally, despite impressive product revenue growth and a significant beat in 1Q26, there are questions about the sustainability of this growth and its impact on overall financials.

Fortinet (FTNT) has been analyzed by 26 analysts, with a consensus rating of Hold. 19% of analysts recommend a Strong Buy, 0% recommend Buy, 69% suggest Holding, 12% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Fortinet and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Fortinet (FTNT) Forecast

Analysts have given Fortinet (FTNT) a Hold based on their latest research and market trends.

According to 26 analysts, Fortinet (FTNT) has a Hold consensus rating as of Sep 28, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $148.58, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $148.58, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Fortinet (FTNT)

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