Fortinet, Inc. (FTNT) Stock Forecast
FTNT analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.20 / 5 from 44 analysts
- Price target
- $167.91 average of analyst targets
- Upside to target
- −0.7% from the latest close
- Next earnings
- October 28, 2026 EPS estimate $0.77
- 52-week range
- $75.23 – $194.75
FTNT analyst ratings
44 analystsNumber of analysts at each rating.
FTNT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
FTNT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.86 | $0.84 | $0.92 | $0.74 | +16.0% | 39 |
| Current fiscal year (2026) | $3.45 | $3.41 | $3.62 | $2.76 | +25.1% | 42 |
| Next fiscal year (2027) | $3.78 | $3.23 | $4.55 | $3.45 | +9.4% | 43 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
FTNT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.06B | $2.00B | $2.12B | +19.6% | 38 |
| Current fiscal year (2026) | $8.12B | $8.06B | $8.32B | +19.4% | 41 |
| Next fiscal year (2027) | $9.03B | $8.45B | $9.70B | +11.2% | 43 |
FTNT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
FTNT revenue: reported and forecast
FTNT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.76 | $0.86 | $0.86 | $0.86 | $0.86 | +12.2% | 36 up · 0 down |
| Current fiscal year (2026) | $3.15 | $3.44 | $3.45 | $3.45 | $3.45 | +9.4% | 0 up · 0 down |
| Next fiscal year (2027) | $3.43 | $3.76 | $3.78 | $3.78 | $3.78 | +10.3% | 2 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
FTNT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; FTNT beat in 12 of 12.
What analysts expect from FTNT
44 analysts cover Fortinet; their consensus rating is hold (3.20 on a 1–5 scale, where 5 is a strong buy). The average price target is $167.91, 0.7% below the latest close of $169.13. Analysts expect earnings of $3.45 per share for 2026, +25.1% from a year earlier. For 2027 the average estimate is $3.78 per share on revenue of $9.0 billion. Fortinet beat the EPS estimate in 12 of the last 12 quarters.
Related: FTNT income statement, FTNT key metrics, FTNT chart. See the FTNT stock overview for the latest quote and news.
FTNT forecast FAQ
What is Fortinet's price target?
The average analyst price target for Fortinet is $167.91, 0.7% below the latest close of $169.13.
Is Fortinet a buy, hold or sell?
Of 44 analysts covering Fortinet, 8 rate it a strong buy, 1 a buy, 30 a hold, 2 a sell and 3 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Fortinet's EPS forecast?
Analysts forecast $3.45 per share for 2026 (range $3.41 to $3.62); for 2027 the estimate is $3.78.
What is Fortinet's revenue forecast?
The average revenue estimate for 2026 is $8.1 billion, growth of 19.4%; for 2027 it is $9.0 billion.
When does Fortinet report earnings?
Fortinet is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes; the EPS estimate is $0.77.
Does Fortinet usually beat earnings estimates?
Fortinet reported EPS at or above the analyst estimate in 12 of the last 12 quarters.