Fortinet (FTNT) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Fortinet (FTNT) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 30, 2024 (20:44)

Sector: Technology

The share price of Fortinet, Inc. (FTNT) now

Latest session on the 30th of May for
Fortinet, Inc. is negative
Trading Volume: 5424867
Open: 59.12 /  High: 59.23 /  Low: 57.86
What analysts predict: $71.1
52-week High/Low: $81.24 / $44.12

50/200 Day Moving Average: $64.43 / $61.27

This figure corresponds to the Average Price over the previous 50/200 days. For Fortinet stocks, the 50-day moving average is the resistance level today.

For Fortinet stocks, the 200-day moving average is the resistance level today.

Are you interested in Fortinet, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Fortinet stock price in 2024, 2025, 2026, 2027, 2028. How much will one Fortinet share be worth in 2024 - 2028?

When should I take profit in Fortinet stock? When should I record a loss on Fortinet stock? What are analysts' forecasts for Fortinet stock? What is the future of Fortinet stock? We forecast Fortinet stock performance using neural networks based on historical data on Fortinet stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Fortinet stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Fortinet shares. This happens once a day.


Historical and forecast chart of Fortinet stock

The chart below shows the historical price of Fortinet stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Fortinet stock price can be found in the table below.

Long-term forecasts by years.

Fortinet, Inc. provides broad, integrated and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa and Asia Pacific. It offers FortiGate hardware and software licenses that provide a variety of security and networking features including firewall, intrusion prevention, anti-malware, VPN, application control, web filtering, anti-spam, and WAN acceleration.

Fortinet daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 01 59.65 59.22 60.05 1.41
Jun 02 60.16 59.56 60.51 1.60
Jun 03 59.30 58.90 59.58 1.15
Jun 04 59.86 58.93 60.11 2.01
Jun 05 60.21 59.35 60.67 2.21
Jun 06 61.38 60.86 62.13 2.08
Jun 07 61.99 61.00 62.29 2.11
Jun 08 61.97 61.58 62.55 1.57
Jun 09 61.98 61.40 62.80 2.28
Jun 10 61.82 61.32 62.77 2.36
Jun 11 60.73 59.87 61.54 2.80
Jun 12 60.81 60.57 61.42 1.41
Jun 13 61.61 60.62 62.04 2.34
Jun 14 61.81 61.15 62.31 1.90
Jun 15 62.30 61.39 62.72 2.17
Jun 16 61.70 60.96 62.32 2.23
Jun 17 62.54 62.10 63.28 1.89
Jun 18 63.43 62.87 63.82 1.51
Jun 19 63.98 63.68 64.94 1.99
Jun 20 64.23 63.44 64.48 1.64
Jun 21 63.93 62.95 64.92 3.13
Jun 22 64.56 63.62 65.05 2.25
Jun 23 65.38 64.85 66.13 1.98
Jun 24 65.32 64.76 65.65 1.37
Jun 25 65.76 65.15 66.38 1.90
Jun 26 66.17 65.66 67.07 2.16
Jun 27 65.11 64.31 65.48 1.82
Jun 28 65.15 64.71 65.48 1.19
Jun 29 64.27 63.91 64.61 1.11
Jun 30 64.32 63.97 64.64 1.05

Fortinet Daily Price Targets


Fortinet Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $59.65.
Negative dynamics for Fortinet shares will prevail with possible volatility of 1.390%.
Pessimistic target level: 59.22
Optimistic target level: 60.05

Fortinet Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $60.16.
Positive dynamics for Fortinet shares will prevail with possible volatility of 1.571%.
Pessimistic target level: 59.56
Optimistic target level: 60.51

Fortinet Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $59.30.
Negative dynamics for Fortinet shares will prevail with possible volatility of 1.135%.
Pessimistic target level: 58.90
Optimistic target level: 59.58

Fortinet Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $59.86.
Positive dynamics for Fortinet shares will prevail with possible volatility of 1.972%.
Pessimistic target level: 58.93
Optimistic target level: 60.11

Fortinet Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $60.21.
Positive dynamics for Fortinet shares will prevail with possible volatility of 2.164%.
Pessimistic target level: 59.35
Optimistic target level: 60.67

Fortinet Stock Forecast 06-06-2024.

Forecast target price for 06-06-2024: $61.38.
Positive dynamics for Fortinet shares will prevail with possible volatility of 2.035%.
Pessimistic target level: 60.86
Optimistic target level: 62.13

FTNT (FTNT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 58.78 56.53 62.22 9.15
Jul. 61.94 59.85 64.36 7.01
Aug. 60.89 59.48 62.65 5.05
Sep. 61.14 59.13 64.07 7.71
Oct. 60.89 57.24 63.52 9.89
Nov. 65.47 61.70 68.77 10.28
Dec. 67.52 64.00 71.03 9.89

Fortinet forecast for this year


Fortinet Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $58.7842. Pessimistic: $56.53. Optimistic: $62.22


Fortinet Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $61.935. Pessimistic: $59.85. Optimistic: $64.36


Fortinet Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $60.8945. Pessimistic: $59.48. Optimistic: $62.65


Fortinet Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $61.1381. Pessimistic: $59.13. Optimistic: $64.07


Fortinet Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $60.8935. Pessimistic: $57.24. Optimistic: $63.52


Fortinet Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $65.4727. Pessimistic: $61.70. Optimistic: $68.77


Fortinet Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $67.5154. Pessimistic: $64.00. Optimistic: $71.03



Fortinet (FTNT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 69.78 66.94 73.80 9.30
Mar 71.46 68.37 74.15 7.79
Mar 70.20 67.11 71.89 6.64
Apr 72.28 67.94 75.98 10.58
May 72.11 70.43 74.18 5.05
Jun 74.64 72.85 78.47 7.15
Jul 76.73 72.99 81.22 10.13
Aug 75.01 71.05 77.66 8.50
Sep 77.66 74.80 80.70 7.31
Oct 79.46 77.80 82.38 5.56
Nov 82.38 80.40 84.29 4.61
Dec 85.48 80.76 89.03 9.29

Fortinet (FTNT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 86.71 83.45 91.77 9.07
Mar 81.02 78.69 82.51 4.63
Mar 83.42 79.55 85.49 6.95
Apr 80.68 76.94 82.23 6.44
May 87.01 84.99 92.30 7.92
Jun 85.62 80.75 89.11 9.38
Jul 92.06 90.21 94.85 4.89
Aug 89.63 84.46 92.64 8.82
Sep 89.55 85.04 93.64 9.18
Oct 91.70 86.05 93.24 7.71
Nov 87.74 84.02 90.48 7.14
Dec 84.44 79.85 85.79 6.93

Fortinet (FTNT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 90.72 85.06 95.37 10.81
Mar 90.43 86.67 95.93 9.65
Mar 93.76 91.51 96.16 4.84
Apr 93.54 90.84 99.37 8.58
May 89.87 84.69 94.04 9.94
Jun 89.22 87.30 93.51 6.64
Jul 90.22 87.12 93.33 6.65
Aug 94.19 90.05 96.68 6.86
Sep 89.97 84.79 92.06 7.90
Oct 93.21 89.26 95.23 6.26
Nov 89.48 88.05 94.42 6.75
Dec 89.05 84.78 91.90 7.75

Fortinet (FTNT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 90.91 89.45 94.25 5.09
Feb 96.36 94.59 101.76 7.04
Mar 100.75 97.21 105.43 7.80
Apr 105.91 99.30 109.22 9.08
May 111.25 106.00 118.10 10.25
Jun 115.88 113.47 122.92 7.69
Jul 122.65 118.04 127.75 7.60
Aug 121.96 116.30 124.20 6.36
Sep 123.33 115.63 130.82 11.61
Oct 123.52 120.36 128.76 6.52
Nov 125.10 119.50 129.01 7.37
Dec 128.81 123.86 133.14 6.97

Fortinet information and performance

Fortinet Address

899 KIFER ROAD, SUNNYVALE, CA, US

Market Capitalization: 45 416 112 000 $

Market capitalization of the Fortinet, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of FTNT shares in the company outstanding by the market price of one share.

EBITDA: 1 398 800 000 $

EBITDA of Fortinet is earnings before interest, income tax and depreciation of assets.

PE Ratio: 39.9

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.789

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 1.49

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.258
Quarterly Revenue Growth YOY: 0.072
Trailing PE: 39.9

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 39.06

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 9.29

Enterprise Value (EV) /Revenue

EV To EBITDA: 33.57

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 763938000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.