Consensus Fortinet, Inc.

Equities

FTNT

US34959E1091

Market Closed - Nasdaq 04:00:00 2024-03-28 pm EDT 5-day change 1st Jan Change
68.31 USD +1.55% Intraday chart for Fortinet, Inc. -0.38% +16.71%

Evolution of the average Target Price on Fortinet, Inc.

Price target over the last 5 years

History of analyst recommendation changes

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ANALYST RECOMMENDATIONS : Coinbase, Fortinet, Nike, Chipotle, Nvidia... Our Logo
Wait... Not so fast! Our Logo
Daiwa Securities Upgrades Fortinet to Outperform From Neutral, Price Target is $75 MT
ANALYST RECOMMENDATIONS : PayPal, United Airlines, Nvidia, Home Depot, Wizz Air... Our Logo
Cantor Fitzgerald Adjusts Price Target on Fortinet to $65 From $75, Maintains Neutral Rating MT
Goldman Sachs Raises Price Target on Fortinet to $85 From $60, Maintains Buy Rating MT
DZ Bank Downgrades Fortinet to Sell From Hold, Raises Price Target to $60 From $55 MT
ANALYST RECOMMENDATIONS : Doordash, Microsoft, Roblox, Uber, Redrow... Our Logo
S&P 500 closes at record high; earnings, rate outlook in spotlight RE
Wedbush Adjusts Fortinet's Price Target to $86 From $75, Keeps Outperform Rating MT
S&P 500 hits record high with earnings, rate outlook in spotlight RE
UBS Adjusts Fortinet Price Target to $76 From $65, Maintains Neutral Rating MT
Stifel Adjusts Price Target on Fortinet to $78 From $52, Maintains Hold Rating MT
BMO Capital Adjusts Price Target on Fortinet to $82 From $70, Maintains Market Perform Rating MT
Baird Adjusts Price Target on Fortinet to $81 From $70, Maintains Outperform Rating MT
Truist Securities Adjusts Price Target on Fortinet to $80 From $60, Maintains Buy Rating MT
Piper Sandler Adjusts Price Target on Fortinet to $75 From $60, Maintains Neutral Rating MT
Fed officials fail to convince investors, who are focused on earnings Our Logo
Barclays Adjusts Price Target on Fortinet to $80 From $63, Maintains Equalweight Rating MT
Susquehanna Adjusts Price Target on Fortinet to $80 From $55, Maintains Neutral Rating MT
TD Cowen Adjusts Price Target on Fortinet to $75 From $60, Maintains Market Perform Rating MT
HSBC Downgrades Fortinet to Reduce From Hold, Adjusts Price Target to $57 From $49 MT
Bernstein Adjusts Price Target on Fortinet to $76 From $65, Maintains Market Perform Rating MT
Jefferies Adjusts Price Target on Fortinet to $75 From $60, Maintains Hold Rating MT
Guggenheim Adjusts Price Target on Fortinet to $81 From $68, Maintains Buy Rating MT
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
41
Last Close Price
68.31 USD
Average target price
76 USD
Spread / Average Target
+11.26%
High Price Target
90 USD
Spread / Highest target
+31.75%
Low Price Target
55.11 USD
Spread / Lowest Target
-19.32%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Fortinet, Inc.

Daiwa Securities
Cantor Fitzgerald
Goldman Sachs
DZ Bank
Wedbush
UBS
Truist Securities
Piper Sandler
Baird
BMO Capital
Stifel Nicolaus
Jefferies & Co.
Barclays
Susquehanna
TD Cowen
Wells Fargo Securities
Evercore ISI
Scotiabank
Guggenheim
Citigroup
Bernstein
HSBC
JPMorgan Chase
Mizuho Securities
Rosenblatt Securities
Morgan Stanley
RBC Capital Markets
Capital One Securities
Deutsche Bank Securities
William Blair & Co.
Oppenheimer
Raymond James
BofA Securities
Loop Capital
KeyBanc Capital Markets
MKM Partners
BTIG
SMBC Nikko
Atlantic Equities
Cowen
Monness, Crespi, Hardt
DA Davidson
Trading Rating
Investor Rating
ESG Refinitiv
B
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