Fortinet (FTNT, Financial), a prominent player in the cybersecurity industry, has seen an update to its stock outlook on July 16, 2025. Cantor Fitzgerald, a reputable financial services firm, has maintained its "Neutral" rating on the stock. However, the firm has increased its price target for Fortinet (FTNT) from USD 100.00 to USD 110.00.
This adjustment reflects a 10% increase in the price target, indicating a positive sentiment from analyst Jonathan Ruykhaver at Cantor Fitzgerald. The move suggests potential for further growth in Fortinet's market valuation, despite the unchanged "Neutral" rating.
Investors may find this revised price target noteworthy as it underscores a more optimistic view on Fortinet's (FTNT, Financial) future performance in the cybersecurity sector. The update provides valuable insight into the company's potential as evaluated by industry experts.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 37 analysts, the average target price for Fortinet Inc (FTNT, Financial) is $108.25 with a high estimate of $135.00 and a low estimate of $83.00. The average target implies an upside of 3.17% from the current price of $104.93. More detailed estimate data can be found on the Fortinet Inc (FTNT) Forecast page.
Based on the consensus recommendation from 45 brokerage firms, Fortinet Inc's (FTNT, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Fortinet Inc (FTNT, Financial) in one year is $100.51, suggesting a downside of 4.21% from the current price of $104.93. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fortinet Inc (FTNT) Summary page.
