.svg)
Fortinet, Inc. Forecast, price target & analysts
Fortinet, Inc. Target price 2025 - Analyst rating & recommendation
Fortinet, Inc. Classifications & Recommendation:
Fortinet, Inc. Price Target
| Target Price | $102.31 |
| Price | $102.78 |
| Deviation | 0.45% |
| Number of Estimates | 32 |
| 32 Analysts have issued a price target Fortinet, Inc. 2026 . The average Fortinet, Inc. target price is $102.31. This is 0.45% lower than the current stock price. The highest price target is $120.00 16.75% , the lowest is $72.00 29.95% . | |
| A rating was issued by 42 analysts: 16 Analysts recommend Fortinet, Inc. to buy, 25 to hold and 1 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the Fortinet, Inc. stock has an average upside potential 2026 of 0.45% . Most analysts recommend the Fortinet, Inc. stock at Hold. |
Sales and Margin forecast 2024, 2025 to 2028
36 Analysts have issued a sales forecast Fortinet, Inc. 2024 . The average Fortinet, Inc. sales estimate is $5.9b . This is 3.20% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $6.0b 4.80% , the lowest is $5.9b 2.61% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $5.3b | 20.09% |
|---|---|---|
| 2024 | $5.9b | 11.10% |
| 2025 | $6.6b | 12.40% |
| 2026 | $7.5b | 13.00% |
| 2027 | $9.1b | 21.08% |
| 2028 | $10.3b | 13.11% |
14 Analysts have issued an Fortinet, Inc. EBITDA forecast 2024. The average Fortinet, Inc. EBITDA estimate is $2.1b . This is 20.19% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $2.2b 29.93% , the lowest is $1.8b 6.08% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $1.3b | 26.24% |
|---|---|---|
| 2024 | $2.1b | 53.84% |
| 2025 | $2.3b | 8.81% |
| 2026 | $2.6b | 15.40% |
| 2027 | $3.4b | 31.94% |
| 2028 | $3.9b | 11.98% |
EBITDA Margin
| 2023 | 25.45% | 5.12% |
|---|---|---|
| 2024 | 35.24% | 38.49% |
| 2025 | 34.11% | 3.21% |
| 2026 | 34.84% | 2.14% |
| 2027 | 37.96% | 8.96% |
| 2028 | 37.59% | 0.97% |
16 Fortinet, Inc. Analysts have issued a net profit forecast 2024. The average Fortinet, Inc. net profit estimate is $1.6b . This is 6.60% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $1.7b 11.11% , the lowest is $1.5b 0.00% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $1.1b | 37.74% |
|---|---|---|
| 2024 | $1.6b | 44.57% |
| 2025 | $1.6b | 1.77% |
| 2026 | $1.9b | 18.56% |
| 2027 | $1.4b | 26.15% |
| 2028 | $1.6b | 9.51% |
Net Margin
| 2023 | 21.07% | 14.70% |
|---|---|---|
| 2024 | 27.42% | 30.11% |
| 2025 | 24.83% | 9.45% |
| 2026 | 26.05% | 4.91% |
| 2027 | 15.89% | 39.00% |
| 2028 | 15.38% | 3.21% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028
16 Analysts have issued a Fortinet, Inc. forecast for earnings per share. The average Fortinet, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $2.11 . This is 6.57% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $2.20 11.11% , the lowest is $1.98 0.00% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $1.46 | 37.74% |
|---|---|---|
| 2024 | $2.11 | 44.52% |
| 2025 | $2.15 | 1.90% |
| 2026 | $2.55 | 18.60% |
| 2027 | $1.88 | 26.27% |
| 2028 | $2.06 | 9.57% |
P/E ratio
| Current | 51.81 | 13.17% |
|---|---|---|
| 2024 | 48.70 | 6.00% |
| 2025 | 47.85 | 1.75% |
| 2026 | 40.36 | 15.65% |
| 2027 | 54.65 | 35.41% |
| 2028 | 49.90 | 8.69% |
Based on analysts' sales estimates for 2024, the Fortinet, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 12.91 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 13.37 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 13.32 | 41.10% |
|---|---|---|
| 2024 | 12.91 | 3.10% |
| 2025 | 11.48 | 11.03% |
| 2026 | 10.16 | 11.51% |
| 2027 | 8.39 | 17.41% |
| 2028 | 7.42 | 11.59% |
P/S ratio
| Current | 13.79 | 39.85% |
|---|---|---|
| 2024 | 13.37 | 3.10% |
| 2025 | 11.89 | 11.03% |
| 2026 | 10.52 | 11.51% |
| 2027 | 8.69 | 17.41% |
| 2028 | 7.68 | 11.59% |
Discover more stocks with a high price target
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
