FORTINET INC (FTNT)

US34959E1091 - Common Stock

61.43  +0.19 (+0.31%)

After market: 61.4 -0.03 (-0.05%)

Buy % Consensus

70

ChartMill assigns a Buy % Consensus number of 70% to FTNT. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 72.52. This target is 18.05% above the current price.
FTNT was analyzed by 50 analysts. The buy percentage consensus is at 70. So analysts seem to be have mildly positive about FTNT.
In the previous month the buy percentage consensus was at a similar level.
FTNT was analyzed by 50 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 61.4345.4571.4072.5296.08 - -26.01% 16.23% 18.05% 56.40%
Up and Down Grades
Date Firm Action Rating
2024-05-06 Susquehanna Maintains Neutral -> Neutral
2024-05-03 Cantor Fitzgerald Maintains Neutral -> Neutral
2024-05-03 Mizuho Maintains Neutral -> Neutral
2024-05-03 ScotiaBank Maintains Sector Outperform -> Sector Outperform
2024-05-03 BMO Capital Maintains Market Perform -> Market Perform
2024-05-03 Needham Reiterate Hold
2024-05-03 RBC Capital Maintains Sector Perform -> Sector Perform
2024-05-03 Rosenblatt Maintains Buy -> Buy
2024-05-03 Barclays Maintains Equal-Weight -> Equal-Weight
2024-05-03 Wedbush Maintains Outperform -> Outperform
2024-05-03 Wells Fargo Maintains Equal-Weight -> Equal-Weight
2024-05-03 Evercore ISI Group Maintains In-Line -> In-Line
2024-05-03 Truist Securities Maintains Buy -> Buy
2024-05-03 JP Morgan Maintains Neutral -> Neutral
2024-05-03 Baird Maintains Outperform -> Outperform
2024-05-03 Morgan Stanley Maintains Overweight -> Overweight
2024-05-03 Piper Sandler Maintains Neutral -> Neutral
2024-05-03 HSBC Maintains Reduce -> Reduce
2024-05-01 Wedbush Reiterate Outperform -> Outperform
2024-04-18 Jefferies Maintains Hold -> Hold
2024-04-17 Cantor Fitzgerald Reiterate Neutral -> Neutral
2024-04-03 Rosenblatt Maintains Buy -> Buy
2024-04-03 Susquehanna Maintains Neutral -> Neutral
2024-04-03 Piper Sandler Maintains Neutral -> Neutral
2024-02-12 Cantor Fitzgerald Maintains Neutral -> Neutral
2024-02-08 DZ Bank Downgrade Hold -> Sell
2024-02-08 Goldman Sachs Maintains Buy -> Buy
2024-02-07 Mizuho Maintains Neutral -> Neutral
2024-02-07 ScotiaBank Maintains Sector Outperform -> Sector Outperform
2024-02-07 BMO Capital Maintains Market Perform -> Market Perform