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Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 84.99 USD 1.81%
Market Cap: $63.2B

Wall Street
Price Targets

FTNT Price Targets Summary
Fortinet Inc

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

According to Wall Street analysts, the average 1-year price target for FTNT is 92.25 USD with a low forecast of 70.7 USD and a high forecast of 126 USD.

Lowest
Price Target
70.7 USD
17% Downside
Average
Price Target
92.25 USD
9% Upside
Highest
Price Target
126 USD
48% Upside
Fortinet Inc Competitors:
Price Targets
1V0
A-Living Smart City Services Co Ltd
41% Upside

Revenue
Forecast

22% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
22% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 14 years the compound annual growth rate for Fortinet Inc's revenue is 22%. The projected CAGR for the next 3 years is 11%.

Operating Income
Forecast

25% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
-29%
Average Miss
25% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
-29%
Average Miss

For the last 14 years the compound annual growth rate for Fortinet Inc's operating income is 25%. The projected CAGR for the next 3 years is 16%.

Net Income
Forecast

27% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss
27% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss

For the last 14 years the compound annual growth rate for Fortinet Inc's net income is 27%. The projected CAGR for the next 3 years is 15%.

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 is available on other sites you are seeing are mostly from the sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for FTNT is 92.25 USD with a low forecast of 70.7 USD and a high forecast of 126 USD.

What is Fortinet Inc's Revenue forecast?
Projected CAGR
11%

For the last 14 years the compound annual growth rate for Fortinet Inc's revenue is 22%. The projected CAGR for the next 3 years is 11%.

What is Fortinet Inc's Operating Income forecast?
Projected CAGR
16%

For the last 14 years the compound annual growth rate for Fortinet Inc's operating income is 25%. The projected CAGR for the next 3 years is 16%.

What is Fortinet Inc's Net Income forecast?
Projected CAGR
15%

For the last 14 years the compound annual growth rate for Fortinet Inc's net income is 27%. The projected CAGR for the next 3 years is 15%.

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