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Consensus Rating1
Neutral
Highest Price Target1
$215.00
Lowest Price Target1
$75.00
Consensus Price Target1
$120.37
Fortinet Inc has a consensus price target of $120.37 based on the ratings of 33 analysts. The high is $215 issued by TD Cowen on July 13, 2026. The low is $75 issued by JP Morgan on May 7, 2026. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Citigroup, and Truist Securities on July 23, 2026, July 22, 2026, and July 21, 2026, respectively. With an average price target of $171 between Cantor Fitzgerald, Citigroup, and Truist Securities, there's an implied 11.76% upside for Fortinet Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fortinet (NASDAQ:FTNT) was reported by Cantor Fitzgerald on July 23, 2026. The analyst firm set a price target for $165.00 expecting FTNT to rise to within 12 months (a possible 7.84% upside). 83 analyst firms have reported ratings in the last year.
The latest analyst rating for Fortinet (NASDAQ:FTNT) was provided by Cantor Fitzgerald, and Fortinet maintained their neutral rating.
The last upgrade for Fortinet Inc happened on July 21, 2026 when Morgan Stanley raised their price target to $133. Morgan Stanley previously had an underweight for Fortinet Inc.
The last downgrade for Fortinet Inc happened on June 30, 2026 when HSBC changed their price target from N/A to N/A 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 July 23, 2026 so you should expect the next rating to be made available sometime around July 23, 2027.
While ratings are subjective and will change, the latest Fortinet (FTNT) rating was a maintained with a price target of $110.00 to $165.00. The current price Fortinet (FTNT) is trading at is $153.00, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 07/23/2026 | Buy Now | 7.84% | Cantor Fitzgerald | $110 → $165 | Maintains | Neutral | Get Alert |
| 07/22/2026 | Buy Now | 7.84% | Citigroup | $115 → $165 | Maintains | Neutral | Get Alert |
| 07/21/2026 | Buy Now | 19.61% | Truist Securities | $120 → $183 | Maintains | Buy | Get Alert |
| 07/21/2026 | Buy Now | -13.07% | Morgan Stanley | $80 → $133 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 07/20/2026 | Buy Now | -21.57% | Wells Fargo | $70 → $120 | Maintains | Underweight | Get Alert |
| 07/15/2026 | Buy Now | -18.3% | Mizuho | $86 → $125 | Maintains | Underperform | Get Alert |
| 07/13/2026 | Buy Now | 40.52% | TD Cowen | $160 → $215 | Maintains | Buy | Get Alert |
| 07/13/2026 | Buy Now | 11.11% | Barclays | $155 → $170 | Maintains | Equal-Weight | Get Alert |
| 07/10/2026 | Buy Now | 21.57% | BTIG | $150 → $186 | Maintains | Buy | Get Alert |
| 06/30/2026 | Buy Now | — | HSBC | — | Downgrade | Hold → Reduce | Get Alert |
| 06/12/2026 | Buy Now | 1.31% | Barclays | $115 → $155 | Maintains | Equal-Weight | Get Alert |
| 06/08/2026 | Buy Now | 17.65% | B of A Securities | $130 → $180 | Maintains | Buy | Get Alert |
| 06/08/2026 | Buy Now | 4.58% | TD Cowen | $125 → $160 | Maintains | Buy | Get Alert |
| 05/26/2026 | Buy Now | -1.96% | BTIG | $125 → $150 | Maintains | Buy | Get Alert |
| 05/08/2026 | Buy Now | -24.84% | Citigroup | $90 → $115 | Maintains | Neutral | Get Alert |
| 05/08/2026 | Buy Now | -24.84% | Barclays | $88 → $115 | Maintains | Equal-Weight | Get Alert |
| 05/08/2026 | Buy Now | -24.84% | Susquehanna | $90 → $115 | Maintains | Neutral | Get Alert |
| 05/07/2026 | Buy Now | -24.84% | UBS | $90 → $115 | Maintains | Neutral | Get Alert |
| 05/07/2026 | Buy Now | -18.3% | TD Cowen | $100 → $125 | Maintains | Buy | Get Alert |
| 05/07/2026 | Buy Now | -50.98% | JP Morgan | $73 → $75 | Maintains | Underweight | Get Alert |
| 05/07/2026 | Buy Now | -28.1% | Scotiabank | $85 → $110 | Maintains | Sector Perform | Get Alert |
| 05/07/2026 | Buy Now | -28.1% | Piper Sandler | $90 → $110 | Maintains | Neutral | Get Alert |
| 05/07/2026 | Buy Now | -30.07% | RBC Capital | $90 → $107 | Maintains | Sector Perform | Get Alert |
| 05/07/2026 | Buy Now | -21.57% | Truist Securities | $88 → $120 | Reiterates | Buy → Buy | Get Alert |
| 05/07/2026 | Buy Now | -54.25% | Wells Fargo | $64 → $70 | Maintains | Underweight | Get Alert |
| 05/07/2026 | Buy Now | -34.64% | Evercore ISI Group | $78 → $100 | Maintains | In-Line | Get Alert |
| 05/07/2026 | Buy Now | -24.84% | Stephens & Co. | $94 → $115 | Maintains | Equal-Weight | Get Alert |
| 05/07/2026 | Buy Now | -18.3% | Rosenblatt | $105 → $125 | Maintains | Buy | Get Alert |
| 05/07/2026 | Buy Now | -43.79% | Mizuho | $70 → $86 | Maintains | Underperform | Get Alert |
| 05/07/2026 | Buy Now | -18.3% | BTIG | → $125 | Upgrade | Neutral → Buy | Get Alert |
| 05/04/2026 | Buy Now | -34.64% | BMO Capital | $95 → $100 | Maintains | Market Perform | Get Alert |
| 04/21/2026 | Buy Now | -43.14% | Cantor Fitzgerald | $87 → $87 | Reiterates | Neutral → Neutral | Get Alert |
| 04/14/2026 | Buy Now | -54.25% | Mizuho | $74 → $70 | Maintains | Underperform | Get Alert |
| 03/03/2026 | Buy Now | -58.17% | Wells Fargo | → $64 | Initiates | → Underweight | Get Alert |
| 02/17/2026 | Buy Now | -41.18% | Freedom Broker | $90 → $90 | Downgrade | Buy → Hold | Get Alert |
| 02/09/2026 | Buy Now | -41.18% | Citigroup | $85 → $90 | Maintains | Neutral | Get Alert |
| 02/09/2026 | Buy Now | -37.91% | BMO Capital | $90 → $95 | Maintains | Market Perform | Get Alert |
| 02/06/2026 | Buy Now | -41.18% | Wedbush | $90 → $90 | Reiterates | Outperform → Outperform | Get Alert |
| 02/06/2026 | Buy Now | -52.29% | JP Morgan | $72 → $73 | Maintains | Underweight | Get Alert |
| 02/06/2026 | Buy Now | -41.18% | RBC Capital | $85 → $90 | Maintains | Sector Perform | Get Alert |
| 02/06/2026 | Buy Now | -51.63% | Mizuho | $72 → $74 | Maintains | Underperform | Get Alert |
| 02/06/2026 | Buy Now | -31.37% | Rosenblatt | $100 → $105 | Maintains | Buy | Get Alert |
| 02/02/2026 | Buy Now | -44.44% | Scotiabank | $85 → $85 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
| 01/30/2026 | Buy Now | -52.94% | JP Morgan | $75 → $72 | Maintains | Underweight | Get Alert |
| 01/29/2026 | Buy Now | -34.64% | Rosenblatt | $85 → $100 | Upgrade | Neutral → Buy | Get Alert |
| 01/23/2026 | Buy Now | -34.64% | TD Cowen | $100 → $100 | Upgrade | Hold → Buy | Get Alert |
| 01/13/2026 | Buy Now | -44.44% | Citigroup | $83 → $85 | Maintains | Neutral | Get Alert |
| 01/05/2026 | Buy Now | -41.18% | Piper Sandler | $85 → $90 | Maintains | Neutral | Get Alert |
| 12/18/2025 | Buy Now | -54.25% | Morgan Stanley | $66 → $70 | Maintains | Underweight | Get Alert |
| 12/17/2025 | Buy Now | -50.98% | JP Morgan | $85 → $75 | Downgrade | Neutral → Underweight | Get Alert |
| 11/14/2025 | Buy Now | -41.18% | Freedom Broker | $100 → $90 | Maintains | Buy | Get Alert |
| 11/06/2025 | Buy Now | -44.44% | JP Morgan | $87 → $85 | Maintains | Neutral | Get Alert |
| 11/06/2025 | Buy Now | -47.71% | Jefferies | $85 → $80 | Maintains | Hold | Get Alert |
| 11/06/2025 | Buy Now | -47.71% | UBS | $90 → $80 | Maintains | Neutral | Get Alert |
| 11/06/2025 | Buy Now | -34.64% | TD Cowen | $105 → $100 | Maintains | Hold | Get Alert |
| 11/06/2025 | Buy Now | -43.79% | Baird | $90 → $86 | Maintains | Neutral | Get Alert |
| 11/06/2025 | Buy Now | -52.94% | Mizuho | $75 → $72 | Maintains | Underperform | Get Alert |
| 11/06/2025 | Buy Now | -44.44% | RBC Capital | $95 → $85 | Maintains | Sector Perform | Get Alert |
| 11/06/2025 | Buy Now | -44.44% | Piper Sandler | $90 → $85 | Maintains | Neutral | Get Alert |
| 11/06/2025 | Buy Now | -42.48% | Barclays | $90 → $88 | Maintains | Equal-Weight | Get Alert |
| 11/06/2025 | Buy Now | -44.44% | Rosenblatt | $85 → $85 | Maintains | Neutral | Get Alert |
| 10/20/2025 | Buy Now | — | BWG Global | — | Downgrade | Positive → Mixed | Get Alert |
| 09/02/2025 | Buy Now | -56.21% | Morgan Stanley | $78 → $67 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 08/18/2025 | Buy Now | -34.64% | Freedom Broker | $115 → $100 | Maintains | Buy | Get Alert |
| 08/18/2025 | Buy Now | -44.44% | Citigroup | $110 → $85 | Maintains | Neutral | Get Alert |
| 08/08/2025 | Buy Now | -49.02% | Evercore ISI Group | $105 → $78 | Maintains | In-Line | Get Alert |
| 08/07/2025 | Buy Now | -43.14% | JP Morgan | $105 → $87 | Maintains | Neutral | Get Alert |
| 08/07/2025 | Buy Now | -44.44% | Scotiabank | $115 → $85 | Maintains | Sector Outperform | Get Alert |
| 08/07/2025 | Buy Now | -41.18% | UBS | $105 → $90 | Maintains | Neutral | Get Alert |
| 08/07/2025 | Buy Now | -44.44% | Stifel | $95 → $85 | Maintains | Hold | Get Alert |
| 08/07/2025 | Buy Now | -44.44% | Wells Fargo | $110 → $85 | Maintains | Equal-Weight | Get Alert |
| 08/07/2025 | Buy Now | -37.91% | RBC Capital | $110 → $95 | Maintains | Sector Perform | Get Alert |
| 08/07/2025 | Buy Now | -37.91% | Truist Securities | $125 → $95 | Maintains | Buy | Get Alert |
| 08/07/2025 | Buy Now | -41.18% | Barclays | $110 → $90 | Maintains | Equal-Weight | Get Alert |
| 08/07/2025 | Buy Now | -50.98% | Mizuho | $87 → $75 | Maintains | Underperform | Get Alert |
| 08/07/2025 | Buy Now | -34.64% | Wedbush | $120 → $100 | Maintains | Outperform | Get Alert |
| 08/07/2025 | Buy Now | -41.18% | BMO Capital | $110 → $90 | Maintains | Market Perform | Get Alert |
| 08/07/2025 | Buy Now | — | Keybanc | — | Downgrade | Overweight → Sector Weight | Get Alert |
| 08/07/2025 | Buy Now | -44.44% | Rosenblatt | $125 → $85 | Downgrade | Buy → Neutral | Get Alert |
| 08/07/2025 | Buy Now | -41.18% | Piper Sandler | $135 → $90 | Downgrade | Overweight → Neutral | Get Alert |
| 08/07/2025 | Buy Now | -49.02% | Morgan Stanley | $110 → $78 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 07/28/2025 | Buy Now | -28.1% | Wells Fargo | $95 → $110 | Maintains | Equal-Weight | Get Alert |
| 07/28/2025 | Buy Now | -18.3% | Rosenblatt | $125 → $125 | Maintains | Buy | Get Alert |
| 07/16/2025 | Buy Now | -28.1% | Cantor Fitzgerald | $100 → $110 | Maintains | Neutral | Get Alert |
| 07/14/2025 | Buy Now | -28.1% | Barclays | $103 → $110 | Maintains | Equal-Weight | Get Alert |
| 06/25/2025 | Buy Now | -28.1% | Citigroup | $115 → $110 | Maintains | Neutral | Get Alert |
| 06/17/2025 | Buy Now | -18.3% | Rosenblatt | $125 → $125 | Maintains | Buy | Get Alert |
| 05/12/2025 | Buy Now | -24.84% | Freedom Broker | $115 → $115 | Upgrade | Hold → Buy | Get Alert |
| 05/08/2025 | Buy Now | -21.57% | Wedbush | $130 → $120 | Maintains | Outperform | Get Alert |
| 05/08/2025 | Buy Now | -31.37% | UBS | $115 → $105 | Maintains | Neutral | Get Alert |
| 05/08/2025 | Buy Now | -31.37% | RBC Capital | $110 → $105 | Maintains | Sector Perform | Get Alert |
| 05/08/2025 | Buy Now | -24.84% | Keybanc | $120 → $115 | Maintains | Overweight | Get Alert |
| 05/08/2025 | Buy Now | -24.84% | Scotiabank | $135 → $115 | Maintains | Sector Outperform | Get Alert |
| 05/08/2025 | Buy Now | -37.91% | Wells Fargo | $105 → $95 | Maintains | Equal-Weight | Get Alert |
| 05/08/2025 | Buy Now | -37.91% | Stifel | $115 → $95 | Maintains | Hold | Get Alert |
| 05/08/2025 | Buy Now | -29.41% | Baird | $113 → $108 | Maintains | Neutral | Get Alert |
| 05/06/2025 | Buy Now | -26.14% | Baird | $110 → $113 | Maintains | Neutral | Get Alert |
| 04/24/2025 | Buy Now | -34.64% | Cantor Fitzgerald | $115 → $100 | Maintains | Neutral | Get Alert |
| 04/23/2025 | Buy Now | -32.68% | Roth Capital | → $103 | Initiates | → Neutral | Get Alert |
| 04/16/2025 | Buy Now | -31.37% | Morgan Stanley | $123 → $105 | Maintains | Overweight | Get Alert |