15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 27 firms covering Fortinet Inc, 6 rate it Buy or better, 17 sit at Hold, and 4 rate it Sell or worse, a hold consensus. Targets range widely, $75.00 to $215.00 (about 2.9x), a sign of real disagreement on valuation. The average target of $133.52 sits 11% below the current $149.96. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 4 to 6 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.76 next quarter toward $3.43 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS27 ratings
Hold
Strong Buy00%
Buy622%
Hold1763%
Sell415%
Strong Sell00%
Based on 27 analysts giving stock ratings to Fortinet Inc.
As of Jul, 6 of 27 firms rate FTNT a Buy (17 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
FTNT EPS & revenue forecast
EPS · NEXT QUARTER
$0.76
Range $0.72 – $0.84 · 38 analysts · +3% YoY
Next period, 38 analysts expect Fortinet Inc to earn $0.76 a share (range $0.72 – $0.84), versus $0.74 a year earlier. Full-year consensus is $3.16, growing to $3.43 the year after.
REVENUE · NEXT QUARTER
$2.0B
Range $1.9B – $2.0B · 38 analysts · +13% YoY
Revenue is expected to reach $2.0B (range $1.9B – $2.0B), +13.2% year-over-year. Full-year consensus is $7.8B, rising to $8.6B next year.
Top analysts covering Fortinet Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FTNT.
#1
Adam Tindle
Raymond James · Rank #321
Hold
No targeton FTNT
Overall win rate
30%
+ Follow
#2
Daniel Ives
Wedbush · Rank #375
Buy
$90.00-40.0% to target
Overall win rate
23%
+ Follow
#3
RP
Richard Poland
Wells Fargo
Sell
$120.00-20.0% to target
Coverage
—
+ Follow
#4
Gregg Moskowitz
Mizuho
Sell
$125.00-16.6% to target
Coverage
—
+ Follow
#5
Saket Kalia
Barclays
Hold
$170.00+13.4% to target
Coverage
—
+ Follow
FTNT stock forecast FAQ
What is FTNT's average 12-month price target?+
The 21 analysts with a live target average $133.52 for Fortinet Inc over the next 12 months, ranging from a $215.00 high to a $75.00 low.
Is FTNT stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 27 analyst ratings, 6 are Buy or Strong Buy, 17 are Hold, and 4 are Sell or Strong Sell.
What are the highest and lowest price targets for FTNT?+
The Street-high target is $215.00 (TD Cowen), and the Street-low is $75.00 (JP Morgan). The average of all 21 active targets is $133.52.
How many Wall Street analysts cover FTNT?+
27 analysts have an active rating on Fortinet Inc, and 21 firms carry a live 12-month price target.
Who is the most accurate analyst covering FTNT?+
Among analysts who currently cover FTNT, Adam Tindle of Raymond James has the strongest overall Quantellect track record (Rank #321). Their current call is Hold.
What is Fortinet Inc's projected EPS for next quarter?+
The consensus estimate is $0.76 per share (range $0.72 – $0.84) across 38 analysts. Full-year EPS is projected at $3.16, rising to $3.43 the following year.
How much revenue is Fortinet Inc expected to report next quarter?+
Consensus revenue is $2.0B (range $1.9B – $2.0B). Full-year revenue is projected at $7.8B, growing to $8.6B next year.
Have analysts been upgrading or downgrading FTNT lately?+
As of Jul, 6 of 27 firms rate FTNT a Buy (17 Hold, 4 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FTNT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
