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NASDAQ: FTNT
Fortinet Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FTNT

Based on 23 analysts offering 12 month price targets for Fortinet Inc.
Min Forecast
$54.00-27.51%
Avg Forecast
$70.44-5.44%
Max Forecast
$81.00+8.74%

Should I buy or sell FTNT stock?

Based on 23 analysts offering ratings for Fortinet Inc.
Buy
Strong Buy
5 analysts 21.74%
Buy
3 analysts 13.04%
Hold
14 analysts 60.87%
Sell
1 analysts 4.35%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their FTNT stock forecasts and price targets.

FTNT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
JP Morgan
Top 14%
87
HoldMaintains$70.00-6.03%2024-08-07
RBC Capital
Bottom 10%
10
HoldMaintains$72.00-3.34%2024-08-07
Baird
Top 9%
92
BuyMaintains$80.00+7.40%2024-08-07
Wedbush
Top 2%
99
BuyReiterates$78.00+4.71%2024-08-07
BMO Capital
Top 2%
99
HoldMaintains$76.00+2.03%2024-08-07

1 of 3

Forecast return on equity

Is FTNT forecast to generate an efficient return?
Company
N/A
Industry
60.95%
Market
50.44%

Forecast return on assets

Is FTNT forecast to generate an efficient return on assets?
Company
N/A
Industry
21.38%

FTNT earnings per share forecast

What is FTNT's earnings per share in the next 3 years based on estimates from 16 analysts?
Avg 1 year Forecast
$1.70+0.26%
Avg 2 year Forecast
$1.81+6.71%
Avg 3 year Forecast
$2.03+19.12%
FTNT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FTNT revenue forecast

What is FTNT's revenue in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$5.8B+5.6%
Avg 2 year Forecast
$6.5B+18.28%
Avg 3 year Forecast
$7.5B+35.65%
FTNT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FTNT earnings growth forecast

How is FTNT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
5.24%
Industry
12.65%
Market
17.75%
FTNT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FTNT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FTNT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FTNT revenue growth forecast

How is FTNT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
10.24%
Industry
13.12%
Market
9.41%
FTNT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FTNT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FTNT vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
FTNT$74.49$70.44-5.44%Buy
CRWD$257.10$334.80+30.22%Strong Buy
SQ$63.67$88.96+39.71%Strong Buy
SNPS$488.95$666.67+36.35%Strong Buy
PLTR$34.91$26.93-22.86%Hold
View Top Software Infrastructure Stocks

Fortinet Stock Forecast FAQ

Is Fortinet Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NASDAQ: FTNT) stock is to Buy FTNT stock.

Out of 23 analysts, 5 (21.74%) are recommending FTNT as a Strong Buy, 3 (13.04%) are recommending FTNT as a Buy, 14 (60.87%) are recommending FTNT as a Hold, 1 (4.35%) are recommending FTNT as a Sell, and 0 (0%) are recommending FTNT as a Strong Sell.

If you're new to stock investing, here's how to buy Fortinet stock.

What is FTNT's earnings growth forecast for 2024-2026?

(NASDAQ: FTNT) Fortinet's forecast annual earnings growth rate of 5.24% is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 12.65%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.75%.

Fortinet's earnings in 2024 is $1,312,900,000.On average, 16 Wall Street analysts forecast FTNT's earnings for 2024 to be $1,303,709,170, with the lowest FTNT earnings forecast at $1,093,818,419, and the highest FTNT earnings forecast at $1,384,483,453. On average, 15 Wall Street analysts forecast FTNT's earnings for 2025 to be $1,387,543,085, with the lowest FTNT earnings forecast at $1,200,905,536, and the highest FTNT earnings forecast at $1,529,815,970.

In 2026, FTNT is forecast to generate $1,548,938,670 in earnings, with the lowest earnings forecast at $1,407,430,692 and the highest earnings forecast at $1,705,744,807.

What is FTNT's revenue growth forecast for 2024-2026?

(NASDAQ: FTNT) Fortinet's forecast annual revenue growth rate of 10.24% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 13.12%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.41%.

Fortinet's revenue in 2024 is $5,537,300,000.On average, 14 Wall Street analysts forecast FTNT's revenue for 2024 to be $4,472,522,545,597, with the lowest FTNT revenue forecast at $4,432,733,562,033, and the highest FTNT revenue forecast at $4,487,233,255,964. On average, 14 Wall Street analysts forecast FTNT's revenue for 2025 to be $5,009,623,339,780, with the lowest FTNT revenue forecast at $4,917,463,401,208, and the highest FTNT revenue forecast at $5,136,819,888,606.

In 2026, FTNT is forecast to generate $5,745,379,151,656 in revenue, with the lowest revenue forecast at $5,595,462,540,952 and the highest revenue forecast at $5,882,926,435,335.

What is FTNT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: FTNT) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 21.38%.

What is FTNT's Price Target?

According to 23 Wall Street analysts that have issued a 1 year FTNT price target, the average FTNT price target is $70.44, with the highest FTNT stock price forecast at $81.00 and the lowest FTNT stock price forecast at $54.00.

On average, Wall Street analysts predict that Fortinet's share price could fall to $70.44 by Aug 8, 2025. The average Fortinet stock price prediction forecasts a potential downside of 5.44% from the current FTNT share price of $74.49.

What is FTNT's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: FTNT) Fortinet's current Earnings Per Share (EPS) is $1.70. On average, analysts forecast that FTNT's EPS will be $1.70 for 2024, with the lowest EPS forecast at $1.43, and the highest EPS forecast at $1.81. On average, analysts forecast that FTNT's EPS will be $1.81 for 2025, with the lowest EPS forecast at $1.57, and the highest EPS forecast at $2.00. In 2026, FTNT's EPS is forecast to hit $2.03 (min: $1.84, max: $2.23).

What is FTNT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: FTNT) forecast ROE is N/A, which is considered weak.
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