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Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 156.25 USD -1.72% Market Closed
Market Cap: $114.5B

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 115.99 USD with a low forecast of 70.7 USD and a high forecast of 189 USD.

Lowest Forecast
Price Target
70.7 USD
55% Downside
Average Forecast
Price Target
115.99 USD
26% Downside
Highest Forecast
Price Target
189 USD
21% Upside
Fortinet Inc Competitors:
Price Targets
BAM
Bangkok Commercial Asset Management PCL
10% 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

Over the last 14 years, the compound annual growth rate for Revenue has been 22%. The projected CAGR for the next 8 years is 11%.

Gross Profit
Forecast

22% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
22% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 14 years, the compound annual growth rate for Gross Profit has been 22%. The projected CAGR for the next 7 years is 11%.

Operating Income
Forecast

25% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-29%
Average Miss
25% / Year
Past Growth
13% / 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 7 years is 13%.

Pre-Tax Income
Forecast

26% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
-26%
Average Miss
26% / Year
Past Growth
16% / Year
Estimated Growth
Estimates Accuracy
-26%
Average Miss

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been 26%. The projected CAGR for the next 3 years is 16%.

Net Income
Forecast

27% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-13%
Average Miss
27% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-13%
Average Miss

Over the last 14 years, the compound annual growth rate for Net Income has been 27%. The projected CAGR for the next 7 years is 10%.

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
115.99 USD

According to Wall Street analysts, the average 1-year price target for FTNT is 115.99 USD with a low forecast of 70.7 USD and a high forecast of 189 USD.

What is the Revenue forecast for Fortinet Inc?
Projected CAGR
11%

Over the last 14 years, the compound annual growth rate for Revenue has been 22%. The projected CAGR for the next 8 years is 11%.

What is the Gross Profit forecast for Fortinet Inc?
Projected CAGR
11%

Over the last 14 years, the compound annual growth rate for Gross Profit has been 22%. The projected CAGR for the next 7 years is 11%.

What is the Operating Income forecast for Fortinet Inc?
Projected CAGR
13%

Over the last 14 years, the compound annual growth rate for Operating Income has been 25%. The projected CAGR for the next 7 years is 13%.

What is the Pre-Tax Income forecast for Fortinet Inc?
Projected CAGR
16%

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been 26%. The projected CAGR for the next 3 years is 16%.

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

Over the last 14 years, the compound annual growth rate for Net Income has been 27%. The projected CAGR for the next 7 years is 10%.

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