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Fortinet (FTNT)
NASDAQ:FTNT
TipRanksstock market overview Fortinet Stock Forecast & Price Targets

Fortinet Stock Forecast & Price Targets

3,116 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
18Ratings
13 Buy
5 Hold
0 Sell
Based on 18 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

Analyst Price Target on FTNT

Average Price Target

$73.38
▲(35.16% Upside)
Based on 18 Wall Street analysts offering 12 month price targets for Fortinet in the last 3 months. The average price target is $73.38 with a high forecast of $85.00 and a low forecast of $63.00. The average price target represents a 35.16% change from the last price of $54.29.
Highest Price Target$85.00Average Price Target$73.38Lowest Price Target$63.00
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​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Citigroup
$78.00
Buy
43.67%
Upside
Reiterated
Citigroup Maintains Buy on Fortinet, Lowers Price Target to $78
Bank of America Securities
Hold
Reiterated
Arista and Juniper Stock Get Double-Downgraded. An Analyst Sees Slower Networking Demand.Expect order growth to decelerate for networking companies, BofA says.
Wells Fargo
$70.00
Buy
28.94%
Upside
Reiterated
Wells Fargo Maintains Overweight on Fortinet, Lowers Price Target to $70
Oppenheimer
$80.00
Buy
47.36%
Upside
Reiterated
Oppenheimer Maintains Outperform on Fortinet
Morgan Stanley
$66.00
Hold
21.57%
Upside
Reiterated
Fortinet (FTNT) Receives a Hold from Morgan Stanley
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FAQ

What is FTNT’s average 12-month price target, according to analysts?
Based on analyst ratings, Fortinet’s 12-month average price target is $73.38.
    What is FTNT’s upside potential, based on the analysts’ average price target?
    Fortinet has 35.16% upside potential, 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.

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