Fortinet Stock (NASDAQ:FTNT), Analyst Ratings, Price Targets, Predictions

The latest price target for Fortinet (NASDAQ: FTNT) was reported by Jefferies on April 18, 2024. The analyst firm set a price target for $70.00 expecting FTNT to rise to within 12 months (a possible 11.09% upside). 82 analyst firms have reported ratings in the last year.

The latest analyst rating for Fortinet (NASDAQ: FTNT) was provided by Jefferies, and Fortinet maintained their hold rating.

The last upgrade for Fortinet Inc happened on August 7, 2023 when Guggenheim raised their price target to $70. Guggenheim previously had a neutral for Fortinet Inc.

The last downgrade for Fortinet Inc happened on February 8, 2024 when DZ Bank changed their price target from N/A to $60 for Fortinet Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortinet, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortinet was filed on April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.

While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a maintained with a price target of $75.00 to $70.00. The current price Fortinet (FTNT) is trading at is $63.01, which is out of the analyst’s predicted range.