Fortinet Analyst Price Targets

Wall Street analyst price targets and consensus rating for Fortinet (FTNT).

Price Target Range — 5 Quarters

Analyst Consensus — 23 Analysts

5Buy

15Hold

3Sell

Consensus RatingNeutral# Analysts23Avg. Consensus PT$140Upside to Avg. PT-20.8%

Rating Trend — Last 9 Months

Recent Analyst Actions

Date	Firm	Analyst	Action	Rating Change	Price Target
Sep 17, 2026	Bernstein	Peter Weed	PT Raise	Market Perform	$102→$145
Sep 11, 2026	Wedbush	Steven Wahrhaftig	Assumes	Neutral	$155
Jul 31, 2026	Susquehanna	Shyam Patil	PT Raise	Neutral	$115→$160
Jul 30, 2026	Citigroup	Fatima Boolani	PT Raise	Neutral	$165→$185
Jul 30, 2026	Piper Sandler	Rob Owens	PT Raise	Neutral	$110→$175
Jul 30, 2026	RBC Capital	Dan Bergstrom	PT Raise	Sector Perform	$160→$185
Jul 30, 2026	Morgan Stanley	Meta Marshall	PT Raise	Equal-Weight	$133→$136
Jul 30, 2026	Stifel	Adam Borg	PT Raise	Hold	$102→$175
Jul 30, 2026	Wells Fargo	Richard Poland	PT Raise	Underweight	$120→$135
Jul 30, 2026	Evercore ISI Group	Amit Daryanani	PT Raise	In-Line	$150→$165
Jul 30, 2026	Cantor Fitzgerald	Jonathan Ruykhaver	PT Raise	Neutral	$165→$185
Jul 30, 2026	Rosenblatt	Catharine Trebnick	PT Raise	Buy	$185→$195
Jul 30, 2026	Barclays	Saket Kalia	PT Raise	Equal-Weight	$170→$190
Jul 30, 2026	BTIG	Gray Powell	PT Raise	Buy	$186→$203
Jul 28, 2026	Evercore ISI Group	Amit Daryanani	PT Raise	In-Line	$100→$150
Jul 23, 2026	Cantor Fitzgerald	Jonathan Ruykhaver	PT Raise	Neutral	$110→$165
Jul 22, 2026	Citigroup	Fatima Boolani	PT Raise	Neutral	$115→$165
Jul 21, 2026	Truist Securities	Junaid Siddiqui	PT Raise	Buy	$120→$183
Jul 21, 2026	Morgan Stanley	Meta Marshall	Upgrade	Underweight→Equal-Weight	$80→$133
Jul 20, 2026	Wells Fargo	Richard Poland	PT Raise	Underweight	$70→$120