Highest Price Target1
Lowest Price Target1
Consensus Price Target1
Analyst Rating Summary1
Analyst Firms Making Recommendations1
- MKM Partners
- Morgan Stanley
- JP Morgan
1calculated from analyst ratings published within the last 6 months
Analyst Ratings for Fortinet
What is the target price for Fortinet (FTNT)?
The latest price target for Fortinet (NASDAQ: FTNT) was reported by MKM Partners on January 31, 2023. The analyst firm set a price target for $65.00 expecting FTNT to rise to within 12 months (a possible 24.19% upside). 47 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Fortinet (FTNT)?
The latest analyst rating for Fortinet (NASDAQ: FTNT) was provided by MKM Partners, and Fortinet maintained their buy rating.
When is the next analyst rating going to be posted or updated for Fortinet (FTNT)?
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 January 31, 2023 so you should expect the next rating to be made available sometime around January 31, 2024.
Is the Analyst Rating Fortinet (FTNT) correct?
While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a maintained with a price target of $70.00 to $65.00. The current price Fortinet (FTNT) is trading at is $52.34, which is out of the analyst’s predicted range.
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