Fortinet
Stock Forecast, Prediction & Price Target
Fortinet (FTNT) stock Price Target by analysts
Fortinet (FTNT) stock Price Target by analysts
Average Price Target
$90.25
Potential upside: 15.88%
Fortinet price prediction
What is Fortinet stock analysts` prediction?
Fortinet stock forecast: Based on 10 Wall Street analysts` predicted price targets for Fortinet in the last 3 months, the avarage price target is $90.25, with a high forecast of $NaN. The average price target represents a 15.88% change from the last price of $77.88.
Disclaimer: This is not investment advice. Don't use price targets as the only investment indicator. Always remember to do your own thorough research and due diligence before making an investment decision.
Fortinet stock Price Target by analysts
Full breakdown of analysts given Fortinet price targets
| Analyst name & company | Analyst win rate | Publish date | Price target | Price when posted | Source | Historical targets |
|---|---|---|---|---|---|---|
Eric Heath KeyBanc | 0% 0/1 | 9 months ago | $115 47.66% upside | $97.13 | TheFly | Previous targets (0) |
Adam Borg Stifel Nicolaus | 50% 1/2 | 9 months ago | $103 32.25% upside | $93.36 | TheFly | Previous targets (1) |
Catherine Trebnick Rosenblatt Securities | 0% 0/3 | 10 months ago | $100 28.40% upside | $69.69 | StreetInsider | Previous targets (2) |
Stephen Bersey HSBC | 0% 0/4 | 10 months ago | $111 42.52% upside | $97.18 | StreetInsider | Previous targets (3) |
Keith Bachman BMO Capital | 20% 1/5 | 10 months ago | $88 12.99% upside | $78.18 | StreetInsider | Previous targets (4) |
Saket Kalia Barclays | 25% 1/4 | 10 months ago | $85 9.14% upside | $78.84 | StreetInsider | Previous targets (3) |
Catherine Trebnick Rosenblatt Securities | 0% 0/3 | 11 months ago | $85 9.14% upside | $78.74 | StreetInsider | Previous targets (2) |
Junaid Siddiqui Truist Financial | 33.33% 1/3 | 11 months ago | $85 9.14% upside | $80.7 | TheFly | Previous targets (2) |
Gregg Moskowitz Mizuho Securities | 33.33% 1/3 | 11 months ago | $68 -12.68% downside | $82.12 | StreetInsider | Previous targets (2) |
Stephen Bersey HSBC | 0% 0/4 | 12 months ago | $83 6.57% upside | $77.66 | StreetInsider | Previous targets (3) |
Fatima Boolani Citigroup | 0% 0/3 | 12 months ago | $76 -2.41% downside | $74.49 | StreetInsider | Previous targets (2) |
Janice Quek CFRA | 0% 0/1 | 12 months ago | $84 7.85% upside | $75.08 | StreetInsider | Previous targets (0) |
Keith Bachman BMO Capital | 20% 1/5 | about 1 year ago | $76 -2.41% downside | $69.93 | StreetInsider | Previous targets (4) |
Andrew Nowinski Wells Fargo | 0% 0/2 | about 1 year ago | $64 -17.82% downside | $55.81 | TheFly | Previous targets (1) |
Shrenik Kothari Robert W. Baird | 0% 0/2 | about 1 year ago | $80 2.72% upside | $68.26 | TheFly | Previous targets (1) |
Stephen Bersey HSBC | 0% 0/4 | about 1 year ago | $59 -24.24% downside | $69.93 | StreetInsider | Previous targets (3) |
Catherine Trebnick Rosenblatt Securities | 0% 0/3 | about 1 year ago | $68 -12.68% downside | $55.45 | StreetInsider | Previous targets (2) |
Fatima Boolani Citigroup | 0% 0/3 | about 1 year ago | $65 -16.53% downside | $57.39 | TheFly | Previous targets (2) |
Hamza Fodderwala Morgan Stanley | 66.67% 2/3 | about 1 year ago | $69 -11.40% downside | $58.92 | TheFly | Previous targets (2) |
Patrick Colville Scotiabank | 0% 0/1 | over 1 year ago | $80 2.72% upside | $59.65 | StreetInsider | Previous targets (0) |
Peter Levine Evercore ISI | 0% 0/1 | over 1 year ago | $67 -13.97% downside | $60.09 | StreetInsider | Previous targets (0) |
Rob Owens Piper Sandler | 50% 1/2 | over 1 year ago | $70 -10.11% downside | $59.83 | StreetInsider | Previous targets (1) |
Dan Bergstrom RBC Capital | 50% 1/2 | over 1 year ago | $68 -12.68% downside | $65.2 | StreetInsider | Previous targets (1) |
Junaid Siddiqui Truist Financial | 33.33% 1/3 | over 1 year ago | $70 -10.11% downside | $61.43 | TheFly | Previous targets (2) |
Gregg Moskowitz Mizuho Securities | 33.33% 1/3 | over 1 year ago | $66 -15.25% downside | $65.2 | StreetInsider | Previous targets (2) |
Saket Kalia Barclays | 25% 1/4 | over 1 year ago | $75 -3.69% downside | $65.2 | TheFly | Previous targets (3) |
Fatima Boolani UBS | 0% 0/1 | over 1 year ago | $69 -11.40% downside | $65.2 | StreetInsider | Previous targets (0) |
Stephen Bersey HSBC | 0% 0/4 | over 1 year ago | $54 -30.66% downside | $65.2 | TheFly | Previous targets (3) |
Yi Fu Lee Cantor Fitzgerald | 0% 0/1 | over 1 year ago | $55 -29.37% downside | $65.2 | StreetInsider | Previous targets (0) |
Shrenik Kothari Robert W. Baird | 0% 0/2 | over 1 year ago | $81 4.00% upside | $69.48 | Benzinga | Previous targets (1) |
Raymond McDonough Guggenheim | 50% 1/2 | almost 2 years ago | $62 -20.39% downside | $47.75 | Benzinga | Previous targets (1) |
Junaid Siddiqui Truist Financial | 33.33% 1/3 | almost 2 years ago | $60 -22.95% downside | $47.75 | Benzinga | Previous targets (2) |
Raymond McDonough Guggenheim | 50% 1/2 | about 2 years ago | $70 -10.11% downside | $56.77 | StreetInsider | Previous targets (1) |
Unknown Loop Capital Markets | N/A | over 2 years ago | $66 -15.25% downside | $51.99 | Benzinga | N/A |
Unknown BMO Capital | N/A | over 2 years ago | $57 -26.81% downside | $53.09 | Benzinga | N/A |
Unknown Morgan Stanley | N/A | over 2 years ago | $71 -8.83% downside | $48.98 | Benzinga | N/A |
Hamza Fodderwala Morgan Stanley | 66.67% 2/3 | almost 3 years ago | $66 -15.25% downside | $45.93 | TipRanks Contributor | Previous targets (2) |
Carson Sippel SMBC Nikko | 100% 1/1 | almost 3 years ago | $70 -10.11% downside | $53.74 | TheFly | Previous targets (0) |
Catharine Trebnick MKM Partners | 100% 1/1 | almost 3 years ago | $70 -10.11% downside | $50.42 | Benzinga | Previous targets (0) |
Brad Zelnick Deutsche Bank | 100% 1/1 | about 3 years ago | $63 -19.10% downside | $51.93 | Pulse 2.0 | Previous targets (0) |
Dan Bergstrom RBC Capital | 50% 1/2 | about 3 years ago | $69 -11.40% downside | $52.53 | Benzinga | Previous targets (1) |
Gregg Moskowitz Mizuho Securities | 33.33% 1/3 | about 3 years ago | $70 -10.11% downside | $52.53 | Benzinga | Previous targets (2) |
Saket Kalia Barclays | 25% 1/4 | about 3 years ago | $77 -1.12% downside | $52.53 | Benzinga | Previous targets (3) |
Keith Bachman BMO Capital | 20% 1/5 | about 3 years ago | $68 -12.68% downside | $52.53 | Benzinga | Previous targets (4) |
Keith Bachman BMO Capital | 20% 1/5 | about 3 years ago | $70 -10.11% downside | $57.37 | Pulse 2.0 | Previous targets (4) |
Keith Bachman BMO Capital | 20% 1/5 | about 3 years ago | $350 349.40% upside | $58.02 | Benzinga | Previous targets (4) |
Michael Turits KeyBanc | 0% 0/2 | over 3 years ago | $353 353.26% upside | $56.31 | Pulse 2.0 | Previous targets (1) |
Patrick Colville Deutsche Bank | 100% 2/2 | over 3 years ago | $300 285.20% upside | $52.19 | Pulse 2.0 | Previous targets (1) |
Fatima Boolani Citigroup | 0% 0/3 | over 3 years ago | $405 420.03% upside | $61.73 | TipRanks Contributor | Previous targets (2) |
Brian Essex Goldman Sachs | 0% 0/2 | over 3 years ago | $390 400.77% upside | $66.35 | Pulse 2.0 | Previous targets (1) |
Fortinet Financial Estimates
Fortinet Revenue Estimates
Fortinet EBITDA Estimates
Fortinet Earnings per Share Estimates
| Passed | Analyst forecast | ||||||
|---|---|---|---|---|---|---|---|
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2025 | 12/31/2026 | 12/31/2027 | 12/31/2028 |
Revenue
% change YoY
| $3.34B N/A | $4.41B 32.17% | $5.30B 20.08% | Avg: $6.56B Low: $6.46B High: $6.71B avg. 23.66% | Avg: $7.49B Low: $7.37B High: $7.65B avg. 14.18% | Avg: $9.33B Low: $9.18B High: $9.53B avg. 24.62% | Avg: $10.49B Low: $10.32B High: $10.72B avg. 12.43% |
Net Income
% change YoY
| $606.8M N/A | $857.3M 41.28% | $1.14B 33.88% | Avg: $1.33B Low: $1.08B High: $1.52B avg. 16.61% | Avg: $1.51B Low: $1.42B High: $1.94B avg. 13.53% | Avg: $1.84B Low: $1.80B High: $1.89B avg. 21.18% | Avg: $2.00B Low: $1.96B High: $2.06B avg. 9.01% |
EBITDA
% change YoY
| $727.7M N/A | $1.07B 48.11% | $1.46B 36.21% | Avg: $1.47B Low: $1.44B High: $1.50B avg. 0.13% | Avg: $1.67B Low: $1.65B High: $1.71B avg. 14.18% | Avg: $2.09B Low: $2.05B High: $2.13B avg. 24.62% | Avg: $2.35B Low: $2.31B High: $2.40B avg. 12.43% |
EPS
% change YoY
| $0.74 N/A | $1.08 45.94% | $1.47 36.11% | Avg: $1.68 Low: $1.38 High: $1.93 avg. 13.99% | Avg: $2 Low: $1.8 High: $2.47 avg. 19.33% | Avg: $2.34 Low: $2.29 High: $2.4 avg. 16.84% | Avg: $2.55 Low: $2.49 High: $2.62 avg. 9.01% |
Operating Expenses
% change YoY
| $1.91B N/A | $2.36B 23.73% | $2.82B 19.38% | Avg: $2.90B Low: $2.86B High: $2.97B avg. 2.88% | Avg: $3.32B Low: $3.26B High: $3.39B avg. 14.18% | Avg: $4.13B Low: $4.07B High: $4.22B avg. 24.62% | Avg: $4.65B Low: $4.57B High: $4.75B avg. 12.43% |
FAQ
What is Fortinet stock earnings growth forecast?
Wall Street analysts estimate the annual average earnings growth rate of 15.08% in 2025-2028.
We have gathered data from 24 analysts. Their low estimate is 1.08B, average is 1.33B and high is 1.52B.
What is Fortinet stock revenue growth forecast?
Wall Street analysts forecast annual average revenue growth of 18.72% in 2025-2028.
We have gathered data from 31 analysts. Their low revenue estimate is $6.46B, average is $6.56B and high is $6.71B.
What is Fortinet stock earnings per share growth forecast?
Wall Street analysts forecast annual average earnings growth of 14.79% in 2025-2028.
We have gathered data from 24 analysts. Their low earnings per share estimate is $1.38, average is $1.68 and high is $1.93.
What is the best performing analyst?
In the last twelve months 10 analysts have been covering Fortinet stock. The most successful analyst is Eric Heath.