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Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 121.86 USD 3.54% Market Closed
Market Cap: $90.2B

Wall St Price Targets

FTNT Price Targets Summary
Fortinet Inc

Wall Street analysts forecast FTNT stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FTNT is 110.25 USD with a low forecast of 70.7 USD and a high forecast of 136.5 USD.

Lowest Forecast
Price Target
70.7 USD
42% Downside
Average Forecast
Price Target
110.25 USD
10% Downside
Highest Forecast
Price Target
136.5 USD
12% Upside
Fortinet Inc Competitors:
Price Targets
SBUX
Starbucks Corp
1% Upside
DELTA
Delta Electronics Thailand PCL
-9% Downside

Revenue
Forecast

22% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
22% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 14 years, the compound annual growth rate for Revenue has been 22%. The projected CAGR for the next 8 years is 10%.

Operating Income
Forecast

25% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-29%
Average Miss
25% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-29%
Average Miss

Over the last 14 years, the compound annual growth rate for Operating Income has been 25%. The projected CAGR for the next 6 years is 14%.

Net Income
Forecast

27% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss
27% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss

Over the last 14 years, the compound annual growth rate for Net Income has been 27%. The projected CAGR for the next 6 years is 12%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is FTNT's stock price target?
Price Target
110.25 USD

According to Wall Street analysts, the average 1-year price target for FTNT is 110.25 USD with a low forecast of 70.7 USD and a high forecast of 136.5 USD.

What is the Revenue forecast for Fortinet Inc?
Projected CAGR
10%

Over the last 14 years, the compound annual growth rate for Revenue has been 22%. The projected CAGR for the next 8 years is 10%.

What is the Operating Income forecast for Fortinet Inc?
Projected CAGR
14%

Over the last 14 years, the compound annual growth rate for Operating Income has been 25%. The projected CAGR for the next 6 years is 14%.

What is the Net Income forecast for Fortinet Inc?
Projected CAGR
12%

Over the last 14 years, the compound annual growth rate for Net Income has been 27%. The projected CAGR for the next 6 years is 12%.

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