tiprankstipranks
Fortinet (CH:FO8)
NASDAQ:FO8
Switzerland Market
FO8
Fortinet
RESEARCH TOOLSreports

Fortinet (FO8) Stock Forecast & Price Target

2 Followers
See the Price Targets and Ratings of:

FO8 Analyst Ratings

Hold
32Ratings
Hold
7 Buy
21 Hold
4 Sell
Based on 32 analysts giving stock ratings to
Fortinet
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

FO8 Stock 12 Month Forecast

Average Price Target

$92.00
Based on 32 Wall Street analysts offering 12 month price targets for Fortinet in the last 3 months. The average price target is $92.00 with a high forecast of $145.46 and a low forecast of $60.61. The average price target represents a ― change from the last price of ―.
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
Highest Price Target$145.46Average Price Target$92.00Lowest Price Target$60.61
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wells Fargo Analyst forecast on CH:FO8
Richard Poland
Wells Fargo
Wells Fargo
CHF36.36→CHF101.01
Sell
―
Assigned
06/22/26
Analysts' Opinions Are Mixed on These Technology Stocks: Fortinet (NASDAQ: FTNT), Accenture (NYSE: ACN) and Vicor (NASDAQ: VICR)
Barclays Analyst forecast on CH:FO8
Saket Kalia
Barclays
Barclays
CHF92.93→CHF125.25
Hold
―
Reiterated
06/12/26
Analysts Offer Insights on Technology Companies: Fortinet (NASDAQ: FTNT), Fair Isaac (NYSE: FICO) and ServiceTitan, Inc. Class A (NASDAQ: TTAN)
TD Cowen Analyst forecast on CH:FO8
Shaul Eyal
TD Cowen
TD Cowen
CHF101.01→CHF129.29
Buy
―
Assigned
06/08/26
Fortinet price target raised to $160 from $125 at TD CowenFortinet price target raised to $160 from $125 at TD Cowen
Bank of America Securities Analyst forecast on CH:FO8
Tal Liani
Bank of America Securities
Bank of America Securities
CHF105.05→CHF145.46
Buy
―
Assigned
06/08/26
Analysts' Top Technology Picks: JFrog (FROG), Fortinet (FTNT)
DZ BANK AG Analyst forecast on CH:FO8
Markus Leistner
DZ BANK AG
DZ BANK AG
CHF101.01
Hold
―
Downgraded
05/19/26
Fortinet downgraded to Hold from Buy at DZ BankFortinet downgraded to Hold from Buy at DZ Bank
Robert W. Baird Analyst forecast on CH:FO8
Shrenik Kothari
Robert W. Baird
Robert W. Baird
CHF92.93
Hold
―
Reiterated
05/11/26
Fortinet: Solid RPO Growth Offsets Supply-Chain Risks; Hold Rating and $115 Price Target Reaffirmed
Citi Analyst forecast on CH:FO8
Fatima Boolani
Citi
Citi
CHF72.73→CHF92.93
Hold
―
Reiterated
05/08/26
Fortinet price target raised to $115 from $90 at CitiFortinet price target raised to $115 from $90 at Citi
Susquehanna Analyst forecast on CH:FO8
Shyam Patil
Susquehanna
Susquehanna
CHF72.73→CHF92.93
Hold
―
Assigned
05/08/26
Susquehanna Sticks to Their Hold Rating for Fortinet (FTNT)
Guggenheim Analyst forecast on CH:FO8
Unknown Analyst
Guggenheim
Not Ranked
Guggenheim
―
Hold
―
Reiterated
05/07/26
Guggenheim Sticks to Their Hold Rating for Fortinet (FTNT)
Piper Sandler Analyst forecast on CH:FO8
Rob Owens
Piper Sandler
Piper Sandler
CHF72.73→CHF88.89
Hold
―
Reiterated
05/07/26
Analysts Conflicted on These Technology Names: Uber Technologies (NYSE: UBER), ARM Holdings PLC ADR (NASDAQ: ARM) and Fortinet (NASDAQ: FTNT)
Deutsche Bank Analyst forecast on CH:FO8
Brad Zelnick
Deutsche Bank
Deutsche Bank
CHF68.69→CHF80.81
Hold
―
Reiterated
05/07/26
Fortinet price target raised to $100 from $85 at Deutsche BankFortinet price target raised to $100 from $85 at Deutsche Bank
Truist Financial Analyst forecast on CH:FO8
Junaid Siddiqui
Truist Financial
Truist Financial
CHF71.11→CHF96.97
Buy
―
Reiterated
05/07/26
Truist Financial Sticks to Their Buy Rating for Fortinet (FTNT)
BTIG Analyst forecast on CH:FO8
Gray Powell
BTIG
BTIG
CHF101.01
Buy
―
Upgraded
05/07/26
Fortinet upgraded to Buy from Neutral at BTIGFortinet upgraded to Buy from Neutral at BTIG
Stifel Nicolaus Analyst forecast on CH:FO8
Adam Borg
Stifel Nicolaus
Stifel Nicolaus
CHF68.69→CHF82.42
Hold
―
Reiterated
05/07/26
Stifel Nicolaus Remains a Hold on Fortinet (FTNT)
Needham Analyst forecast on CH:FO8
Mike Cikos
Needham
Needham
―
Hold
―
Reiterated
05/07/26
Analyst Maintains Hold on Fortinet as Networking Rebound and Buybacks Balance Valuation Risks
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Wells Fargo Analyst forecast on CH:FO8
Richard Poland
Wells Fargo
Wells Fargo
CHF36.36→CHF101.01
Sell
―
Assigned
06/22/26
Analysts' Opinions Are Mixed on These Technology Stocks: Fortinet (NASDAQ: FTNT), Accenture (NYSE: ACN) and Vicor (NASDAQ: VICR)
Barclays Analyst forecast on CH:FO8
Saket Kalia
Barclays
Barclays
CHF92.93→CHF125.25
Hold
―
Reiterated
06/12/26
Analysts Offer Insights on Technology Companies: Fortinet (NASDAQ: FTNT), Fair Isaac (NYSE: FICO) and ServiceTitan, Inc. Class A (NASDAQ: TTAN)
TD Cowen Analyst forecast on CH:FO8
Shaul Eyal
TD Cowen
TD Cowen
CHF101.01→CHF129.29
Buy
―
Assigned
06/08/26
Fortinet price target raised to $160 from $125 at TD CowenFortinet price target raised to $160 from $125 at TD Cowen
Bank of America Securities Analyst forecast on CH:FO8
Tal Liani
Bank of America Securities
Bank of America Securities
CHF105.05→CHF145.46
Buy
―
Assigned
06/08/26
Analysts' Top Technology Picks: JFrog (FROG), Fortinet (FTNT)
DZ BANK AG Analyst forecast on CH:FO8
Markus Leistner
DZ BANK AG
DZ BANK AG
CHF101.01
Hold
―
Downgraded
05/19/26
Fortinet downgraded to Hold from Buy at DZ BankFortinet downgraded to Hold from Buy at DZ Bank
Robert W. Baird Analyst forecast on CH:FO8
Shrenik Kothari
Robert W. Baird
Robert W. Baird
CHF92.93
Hold
―
Reiterated
05/11/26
Fortinet: Solid RPO Growth Offsets Supply-Chain Risks; Hold Rating and $115 Price Target Reaffirmed
Citi Analyst forecast on CH:FO8
Fatima Boolani
Citi
Citi
CHF72.73→CHF92.93
Hold
―
Reiterated
05/08/26
Fortinet price target raised to $115 from $90 at CitiFortinet price target raised to $115 from $90 at Citi
Susquehanna Analyst forecast on CH:FO8
Shyam Patil
Susquehanna
Susquehanna
CHF72.73→CHF92.93
Hold
―
Assigned
05/08/26
Susquehanna Sticks to Their Hold Rating for Fortinet (FTNT)
Guggenheim Analyst forecast on CH:FO8
Unknown Analyst
Guggenheim
Not Ranked
Guggenheim
―
Hold
―
Reiterated
05/07/26
Guggenheim Sticks to Their Hold Rating for Fortinet (FTNT)
Piper Sandler Analyst forecast on CH:FO8
Rob Owens
Piper Sandler
Piper Sandler
CHF72.73→CHF88.89
Hold
―
Reiterated
05/07/26
Analysts Conflicted on These Technology Names: Uber Technologies (NYSE: UBER), ARM Holdings PLC ADR (NASDAQ: ARM) and Fortinet (NASDAQ: FTNT)
Deutsche Bank Analyst forecast on CH:FO8
Brad Zelnick
Deutsche Bank
Deutsche Bank
CHF68.69→CHF80.81
Hold
―
Reiterated
05/07/26
Fortinet price target raised to $100 from $85 at Deutsche BankFortinet price target raised to $100 from $85 at Deutsche Bank
Truist Financial Analyst forecast on CH:FO8
Junaid Siddiqui
Truist Financial
Truist Financial
CHF71.11→CHF96.97
Buy
―
Reiterated
05/07/26
Truist Financial Sticks to Their Buy Rating for Fortinet (FTNT)
BTIG Analyst forecast on CH:FO8
Gray Powell
BTIG
BTIG
CHF101.01
Buy
―
Upgraded
05/07/26
Fortinet upgraded to Buy from Neutral at BTIGFortinet upgraded to Buy from Neutral at BTIG
Stifel Nicolaus Analyst forecast on CH:FO8
Adam Borg
Stifel Nicolaus
Stifel Nicolaus
CHF68.69→CHF82.42
Hold
―
Reiterated
05/07/26
Stifel Nicolaus Remains a Hold on Fortinet (FTNT)
Needham Analyst forecast on CH:FO8
Mike Cikos
Needham
Needham
―
Hold
―
Reiterated
05/07/26
Analyst Maintains Hold on Fortinet as Networking Rebound and Buybacks Balance Valuation Risks
Stocks with the Highest Top Analyst Consensus in the Technology Sector
QQnity Electronics, Inc.
VIAVia Transportation, Inc. Class A
SEPNSepterna, Inc.
SVCOSilvaco Group, Inc.
RBRKRubrik, Inc. Class A
Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Fortinet

3 Months
Catharine TrebnickRosenblatt Securities
Success Rate
17/25 ratings generated profit
68%
Average Return
+12.57%
Copying Catharine Trebnick's trades and holding each position for 3 Months would result in 68.00% of your transactions generating a profit, with an average return of +12.57% per trade.
1 Year
Tal LianiBank of America Securities
Success Rate
18/23 ratings generated profit
78%
Average Return
+29.83%
Copying Tal Liani's trades and holding each position for 1 Year would result in 78.26% of your transactions generating a profit, with an average return of +29.83% per trade.
2 Years
Tal LianiBank of America Securities
Success Rate
23/23 ratings generated profit
100%
Average Return
+66.57%
Copying Tal Liani's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +66.57% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

FO8 Analyst Recommendation Trends

Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
1
1
1
0
0
Buy
7
9
9
11
11
Hold
31
41
38
41
30
Sell
11
13
11
11
8
Strong Sell
0
0
0
0
0
total
50
64
59
63
49
In the current month, FO8 has received 11 Buy Ratings, 30 Hold Ratings, and 8 Sell Ratings. FO8 average Analyst price target in the past 3 months is 92.00.
Each month's total comprises the sum of three months' worth of ratings.

FO8 Financial Forecast

FO8 Earnings Forecast

Next quarter’s earnings estimate for FO8 is $0.58 with a range of $0.56 to $0.62. The previous quarter’s EPS was $0.64. FO8 beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.47% of the time in the same period. In the last calendar year FO8 has Performed in-line its overall industry.
Next quarter’s earnings estimate for FO8 is $0.58 with a range of $0.56 to $0.62. The previous quarter’s EPS was $0.64. FO8 beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.47% of the time in the same period. In the last calendar year FO8 has Performed in-line its overall industry.

FO8 Sales Forecast

Next quarter’s sales forecast for FO8 is $1.47B with a range of $1.44B to $1.52B. The previous quarter’s sales results were $1.44B. FO8 beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.75% of the time in the same period. In the last calendar year FO8 has Performed in-line its overall industry.
Next quarter’s sales forecast for FO8 is $1.47B with a range of $1.44B to $1.52B. The previous quarter’s sales results were $1.44B. FO8 beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.75% of the time in the same period. In the last calendar year FO8 has Performed in-line its overall industry.

FO8 Stock Forecast FAQ

What is CH:FO8’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortinet’s 12-month average price target is 92.00.
    What is CH:FO8’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for CH:FO8, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Fortinet a Buy, Sell or Hold?
        Fortinet has a consensus rating of Hold, which is based on 7 buy ratings, 21 hold ratings and 4 sell ratings.
          What is Fortinet’s share price target?
          The average share price target for Fortinet is 92.00. This is based on 32 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is $145.46 ,and the lowest forecast is $60.61. The average share price target represents N/A Increase from the current price of N/A.
            What do analysts say about Fortinet?
            Fortinet’s analyst rating consensus is a Hold. This is based on the ratings of 32 Wall Streets Analysts.
              How can I buy shares of Fortinet?
              To buy shares of CH:FO8, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.