Fortinet Stock Outlook: Is Wall Street Bullish or Bearish?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
0mins
Should l Buy FTNT?
Source: NASDAQ.COM
Company Overview and Performance: Fortinet, Inc., valued at $79.7 billion, specializes in cybersecurity solutions and has significantly outperformed the market, with a 64% increase in shares over the past year compared to the S&P 500's 11.7% gain. The company reported strong Q4 earnings with revenue of $1.7 billion, exceeding estimates, and anticipates continued growth for fiscal 2025.
Analyst Ratings and Future Projections: Analysts maintain a "Moderate Buy" consensus rating on Fortinet, with a mean price target suggesting a potential upside of 6.8% to 29.5%. Despite a slight decrease in bullish ratings, the company's earnings surprise history remains positive, having exceeded expectations in the last four quarters.
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Analyst Views on FTNT
Wall Street analysts forecast FTNT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTNT is 84.18 USD with a low forecast of 70.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
24 Analyst Rating
3 Buy
18 Hold
3 Sell
Hold
Current: 78.930
Low
70.00
Averages
84.18
High
100.00
Current: 78.930
Low
70.00
Averages
84.18
High
100.00
About FTNT
Fortinet, Inc. is engaged in cybersecurity, driving the convergence of networking and security. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. It also operates Fortinet Training Institute.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Sentiment Reflection: Changes in analyst ratings not only affect individual stock performance but can also impact overall market sentiment, urging investors to consider these factors comprehensively for informed investment decisions.
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