NASDAQ:FTNT

Fortinet Price Target, Predictions & Analyst Ratings

$271.14
-1.20 (-0.44 %)
(As of 07/27/2021 12:00 AM ET)
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Today's Range
$266.68
$273.42
50-Day Range
$207.60
$275.71
52-Week Range
$106.75
$277.00
Volume736,622 shs
Average Volume1.10 million shs
Market Capitalization$44.28 billion
P/E Ratio91.60
Dividend YieldN/A
Beta1.1

Fortinet (NASDAQ:FTNT) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
22 Wall Street analysts have issued ratings and price targets for Fortinet in the last 12 months. Their average twelve-month price target is $212.45, predicting that the stock has a possible downside of 21.65%. The high price target for FTNT is $305.00 and the low price target for FTNT is $104.00. There are currently 3 sell ratings, 10 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of "Hold."
TypeToday30 Days Ago90 Days Ago180 Days Ago
FTNT Consensus Rating: HoldHoldHoldHold
FTNT Consensus Rating Score: 2.272.322.362.38
FTNT Analyst Ratings: 3 Sell Rating(s)
10 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
9 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
10 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
12 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
FTNT Consensus Price Target: $212.45$187.90$168.43$142.00
FTNT Price Target Upside: 21.65% downside6.13% upside4.82% upside8.85% upside

Fortinet (NASDAQ:FTNT) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Fortinet (NASDAQ:FTNT) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetDetails
7/22/2021Cowen
Boost Price TargetOutperform$270.00 ➝ $305.00
7/22/2021KeyCorp
Boost Price TargetOverweight$240.00 ➝ $297.00
7/20/2021BTIG Research
Boost Price TargetPositive ➝ Buy$240.00 ➝ $291.00
7/19/2021Raymond James
Boost Price TargetOutperform$225.00 ➝ $280.00
7/16/2021Mizuho
Boost Price TargetHold ➝ Neutral$208.00 ➝ $250.00
7/15/2021Barclays
Boost Price TargetEqual Weight$230.00 ➝ $260.00
7/12/2021Deutsche Bank Aktiengesellschaft
Boost Price TargetHold$190.00 ➝ $242.00
7/9/2021Piper Sandler
Boost Price TargetNeutral$205.00 ➝ $265.00
6/29/2021Monness Crespi & Hardt
DowngradeBuy ➝ Neutral
4/30/2021BMO Capital Markets
Boost Price TargetMarket Perform$214.00 ➝ $227.00
4/30/2021Morgan Stanley
Boost Price TargetEqual Weight$170.00 ➝ $187.00
4/30/2021DA Davidson
A. Nowinski
Boost Price TargetBuy$200.00 ➝ $230.00
4/30/2021Royal Bank of Canada
Boost Price TargetSector Perform$175.00 ➝ $208.00
2/11/2021Oppenheimer
Reiterated RatingOutperform$190.00
2/5/2021Citigroup
Lower Price TargetSell$110.00 ➝ $104.00
2/5/2021Pritchard Capital
Lower Price TargetSell$110.00 ➝ $104.00
1/14/2021OTR Global
UpgradePositive
1/8/2021The Goldman Sachs Group
Boost Price TargetBuy$152.00 ➝ $169.00
12/9/2020Edward Jones
Initiated CoverageBuy
12/9/2020JPMorgan Chase & Co.
DowngradeNeutral ➝ Underweight$140.00
10/30/2020Credit Suisse Group
Boost Price TargetNeutral$130.00 ➝ $135.00
8/26/2020UBS Group
Boost Price Target$134.00 ➝ $140.00
6/3/2020Wedbush
Boost Price TargetPositive ➝ Outperform$150.00 ➝ $170.00
5/7/2020Robert W. Baird
Boost Price TargetNeutral$105.00 ➝ $120.00
5/7/2020Bank of America
Reiterated RatingBuy$120.00 ➝ $140.00
5/4/2020Evercore ISI
Initiated CoverageOutperform$128.00
2/12/2020Cfra
Boost Price TargetHold$95.00 ➝ $125.00
2/3/2020Northland Securities
Boost Price TargetOutperform$100.00 ➝ $135.00
11/18/2019FBN Securities
Shebly Seyrafi
Reiterated RatingOutperform
11/8/2019Piper Jaffray Companies
Initiated CoverageOverweight$116.00
4/16/2019Stifel Nicolaus
Boost Price TargetHold ➝ Hold$85.00 ➝ $95.00
2/8/2019First Analysis
UpgradeNeutral ➝ Outperform$80.00 ➝ $92.00
2/7/2019Gabelli
DowngradeBuy ➝ Hold
12/10/2018Guggenheim
Initiated CoverageNeutral$72.00
11/5/2018Dougherty & Co
UpgradeNeutral ➝ Buy$85.00
8/2/2018Susquehanna Bancshares
Boost Price TargetNeutral ➝ Neutral$61.00 ➝ $68.00
(Data available from 7/27/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 7/27/2021 by MarketBeat.com Staff
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