$118.84
3.00%
Nasdaq, Nov 06, 04:25 pm EST. Closed.
ISIN
US34959E1091
Symbol
FTNT

Fortinet, Inc. Target price 2026 - Analyst rating & recommendation

Fortinet, Inc. Classifications & Recommendation

Buy
12%
Hold
70%
Sell
18%

Fortinet, Inc. Price Target

Target Price $168.30
Price $118.84
Potential 41.62%
Number of Estimates 42
42 Analysts have issued a price target Fortinet, Inc. 2027 . The average Fortinet, Inc. target price is $168.30. This is 41.62% higher than the current stock price. The highest price target is $236.25 98.80% , the lowest is $99.99 15.86% .
A rating was issued by 50 analysts: 6 Analysts recommend Fortinet, Inc. to buy, 35 to hold and 9 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 2027 of 41.62% . Most analysts recommend the Fortinet, Inc. stock at Hold.

Sales and Margin forecast 2026, 2027 to 2033

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Select at least one metric to display the chart.


Dec '25 2026
Estimates
Revenue Billion $ ??? ???
??? ???
EBITDA Margin ??? ???
??? ???
Net Margin ??? ???
??? ???

47 Analysts have issued a sales forecast Fortinet, Inc. 2026 . The average Fortinet, Inc. sales estimate is

. This is than the revenue of the last 12 months(TTM). The highest sales forecast is , the lowest is .

This results in the following potential growth metrics:

Revenue Estimates

2025 $6.8b 14.17%
2026
2027
2028
2029
2030
2031
2032
2033

20 Analysts have issued an Fortinet, Inc. EBITDA forecast 2026. The average Fortinet, Inc. EBITDA estimate is

. This is than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is , the lowest is .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2025 $2.2b 13.66%
2026
2027
2028
2029
2030

EBITDA Margin

2025 32.74% 0.44%
2026
2027
2028
2029
2030

47 Fortinet, Inc. Analysts have issued a net profit forecast 2026. The average Fortinet, Inc. net profit estimate is

. This is than the net profit for the last 12 months(TTM). The highest net profit forecast is , the lowest is .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2025 $1.9b 6.20%
2026
2027
2028
2029
2030
2031
2032

Net Margin

2025 27.26% 6.98%
2026
2027
2028
2029
2030
2031
2032

Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 to 2033

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Dec '25 2026
Estimates
Earnings Per Share $ ??? ???
??? ???
P/E ???
EV/Sales ???

47 Analysts have issued a Fortinet, Inc. forecast for earnings per share. The average Fortinet, Inc. EPS is

. This is than earnings per share in the financial year 2025. The highest EPS forecast is , the lowest is .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2025 $2.42 7.08%
2026
2027
2028
2029
2030
2031
2032
2033

P/E ratio

Current 38.58 12.05%
2026
2027
2028
2029
2030
2031
2032

Based on analysts' sales estimates for 2026, the Fortinet, Inc. stock is valued at an EV/Sales of

and an P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 10.53 6.47%
2026
2027
2028
2029
2030
2031
2032
2033

P/S ratio

Current 11.08 6.02%
2026
2027
2028
2029
2030
2031
2032
2033

Current Fortinet, Inc. Upgrades & Downgrades

Analyst Rating Action Date
Amerx
Overweight
➜
Overweight
Unchanged Nov 02 2026
Wells Fargo
Underweight
➜
Underweight
Unchanged Oct 30 2026
Susquehanna
Neutral
➜
Neutral
Unchanged Oct 30 2026
Piper Sandler
Neutral
➜
Neutral
Unchanged Oct 29 2026
Citigroup
Neutral
➜
Neutral
Unchanged Oct 29 2026
Barclays
Equal-Weight
➜
Equal-Weight
Unchanged Oct 29 2026
Cantor Fitzgerald
Neutral
➜
Neutral
Unchanged Oct 29 2026
Analyst Rating Date
Unchanged
Amerx:
Overweight
➜
Overweight
Nov 02 2026
Unchanged
Wells Fargo:
Underweight
➜
Underweight
Oct 30 2026
Unchanged
Susquehanna:
Neutral
➜
Neutral
Oct 30 2026
Unchanged
Piper Sandler:
Neutral
➜
Neutral
Oct 29 2026
Unchanged
Citigroup:
Neutral
➜
Neutral
Oct 29 2026
Unchanged
Barclays:
Equal-Weight
➜
Equal-Weight
Oct 29 2026
Unchanged
Cantor Fitzgerald:
Neutral
➜
Neutral
Oct 29 2026

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