Fortinet (FTNT) Stock Price Target 2026

The average analyst price target for Fortinet is $140.21, 10.4% above the current price. Of 25 analysts, 6 rate it Buy, 16 Hold and 3 Sell. Targets range from $80 to $190. The latest change came on Nov 2, 2026, when Amerx lowered its price target on Fortinet from $240 to $173 and kept an Overweight rating.

The Average Analyst Price Target for Fortinet is $140.21.

Price Target Range — 5 Quarters

Analyst Consensus — 25 Analysts

6Buy

16Hold

3Sell

Consensus RatingNeutral# Analysts25Avg. Consensus PT$140.21Upside to Avg. PT+10.4%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Fortinet Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 2, 2026	Amerx	Casey Ryan	PT Cut	Overweight	$240→$173
Oct 30, 2026	Wells Fargo	Richard Poland	PT Cut	Underweight	$160→$115
Oct 30, 2026	Susquehanna	Shyam Patil	PT Cut	Neutral	$160→$145
Oct 29, 2026	RBC Capital	Dan Bergstrom	PT Cut	Sector Perform	$205→$165
Oct 29, 2026	TD Cowen	Shaul Eyal	PT Cut	Buy	$225→$190
Oct 29, 2026	Wedbush	Steven Wahrhaftig	PT Cut	Neutral	$155→$140
Oct 29, 2026	Truist Securities	Junaid Siddiqui	PT Cut	Buy	$200→$175
Oct 29, 2026	Piper Sandler	Rob Owens	PT Cut	Neutral	$175→$140
Oct 29, 2026	Scotiabank	Patrick Colville	PT Cut	Sector Perform	$163→$140
Oct 29, 2026	Stifel	Adam Borg	PT Cut	Hold	$175→$140
Oct 29, 2026	Citigroup	Fatima Boolani	PT Cut	Neutral	$185→$140
Oct 29, 2026	Barclays	Saket Kalia	PT Cut	Equal-Weight	$210→$155
Oct 29, 2026	BTIG	Gray Powell	PT Cut	Buy	$203→$186
Oct 29, 2026	Rosenblatt	Catharine Trebnick	PT Cut	Buy	$195→$175
Oct 29, 2026	Cantor Fitzgerald	Jonathan Ruykhaver	PT Cut	Neutral	$185→$145
Oct 29, 2026	Needham	Mike Cikos	Maintained	Hold	—
Oct 23, 2026	JP Morgan	Brian Essex	PT Raise	Underweight	$118→$140
Oct 20, 2026	Truist Securities	Junaid Siddiqui	PT Raise	Buy	$183→$200
Oct 15, 2026	Mizuho	Gregg Moskowitz	PT Raise	Underperform	$138→$160
Oct 15, 2026	Wells Fargo	Richard Poland	PT Raise	Underweight	$135→$160