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Fortinet (FTNT) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 2, 2023 (12:48)

Sector: Technology

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

What analysts predict: $57.08

52-week High/Low: $81.24 / $44.12

50/200 Day Moving Average: $56.03 / $63.71

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 2023, 2024, 2025, 2026, 2027. How much will one Fortinet share be worth in 2023 - 2027?

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, 2023, 2024, 2025, 2026 and 2027) 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., %
Dec 04	54.11	53.07	55.10	3.82
Dec 05	54.46	53.85	55.21	2.52
Dec 06	53.76	53.43	54.08	1.20
Dec 07	52.69	51.84	53.30	2.80
Dec 08	53.10	52.29	53.91	3.09
Dec 09	54.32	53.66	54.71	1.97
Dec 10	54.83	53.96	55.20	2.30
Dec 11	54.23	53.48	54.91	2.66
Dec 12	54.58	54.23	55.42	2.20
Dec 13	53.73	53.09	54.26	2.21
Dec 14	52.72	52.08	53.62	2.95
Dec 15	52.07	51.25	52.66	2.75
Dec 16	52.26	51.59	53.02	2.77
Dec 17	52.46	51.76	53.51	3.37
Dec 18	52.23	51.20	52.93	3.40
Dec 19	52.70	51.89	53.11	2.35
Dec 20	53.68	53.05	54.61	2.95
Dec 21	53.10	52.51	54.18	3.18
Dec 22	52.80	51.95	53.50	2.99
Dec 23	51.70	51.15	52.01	1.68
Dec 24	51.92	51.58	52.85	2.46
Dec 25	50.99	49.94	51.46	3.05
Dec 26	52.23	51.65	53.25	3.10
Dec 27	52.11	51.11	52.98	3.66
Dec 28	53.22	52.40	53.61	2.30
Dec 29	54.12	53.81	54.88	1.99
Dec 30	53.39	53.04	53.75	1.33
Dec 31	52.76	52.46	53.11	1.23
Jan 01	52.98	52.50	53.73	2.34
Jan 02	52.91	52.01	53.29	2.46

Fortinet Daily Price Targets

Fortinet Stock Forecast 12-04-2023.

Forecast target price for 12-04-2023: $54.11.
Positive dynamics for Fortinet shares will prevail with possible volatility of 3.677%.
Pessimistic target level: 53.07
Optimistic target level: 55.10

Fortinet Stock Forecast 12-05-2023.

Forecast target price for 12-05-2023: $54.46.
Positive dynamics for Fortinet shares will prevail with possible volatility of 2.462%.
Pessimistic target level: 53.85
Optimistic target level: 55.21

Fortinet Stock Forecast 12-06-2023.

Forecast target price for 12-06-2023: $53.76.
Negative dynamics for Fortinet shares will prevail with possible volatility of 1.189%.
Pessimistic target level: 53.43
Optimistic target level: 54.08

Fortinet Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $52.69.
Negative dynamics for Fortinet shares will prevail with possible volatility of 2.725%.
Pessimistic target level: 51.84
Optimistic target level: 53.30

Fortinet Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $53.10.
Positive dynamics for Fortinet shares will prevail with possible volatility of 2.997%.
Pessimistic target level: 52.29
Optimistic target level: 53.91

Fortinet Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $54.32.
Positive dynamics for Fortinet shares will prevail with possible volatility of 1.936%.
Pessimistic target level: 53.66
Optimistic target level: 54.71

FTNT (FTNT) Monthly Stock Prediction for 2023

Month	Target	Pes.	Opt.	Vol., %
Dec.	52.57	51.29	53.71	4.51

Full forecast for 2023

Fortinet forecast for this year

Fortinet Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $52.5712. Pessimistic: $51.29. Optimistic: $53.71

Fortinet (FTNT) Monthly Stock Prediction for 2024

Month	Target	Pes.	Opt.	Vol., %
Jan	54.54	53.35	55.82	4.42
Feb	54.40	52.83	58.09	9.04
Mar	56.48	53.82	58.64	8.21
Apr	55.74	52.44	58.12	9.76
May	54.87	51.62	58.40	11.61
Jun	58.78	54.90	61.85	11.25
Jul	56.38	54.96	58.88	6.66
Aug	53.98	50.50	57.36	11.95
Sep	52.71	49.04	55.28	11.28
Oct	48.67	46.09	51.55	10.60
Nov	49.01	45.77	50.89	10.06
Dec	47.94	45.82	49.32	7.10

Full forecast for 2024

Fortinet (FTNT) Monthly Stock Prediction for 2025

Month	Target	Pes.	Opt.	Vol., %
Jan	51.78	50.66	53.45	5.23
Feb	52.19	49.28	54.23	9.13
Mar	50.05	48.01	53.45	10.18
Apr	53.89	52.67	55.57	5.23
May	54.73	52.25	57.06	8.43
Jun	52.83	49.56	56.04	11.56
Jul	52.60	50.03	53.65	6.74
Aug	53.97	50.59	55.52	8.88
Sep	55.14	52.46	57.78	9.22
Oct	55.09	52.65	56.96	7.57
Nov	52.98	49.44	55.52	10.96
Dec	55.80	53.71	57.30	6.27

Full forecast for 2025

Fortinet (FTNT) Monthly Stock Prediction for 2026

Month	Target	Pes.	Opt.	Vol., %
Jan	57.30	54.86	60.49	9.31
Feb	59.15	56.01	62.34	10.15
Mar	59.35	55.58	61.78	10.03
Apr	61.83	57.58	65.49	12.07
May	63.44	59.42	65.65	9.50
Jun	63.89	62.50	66.89	6.56
Jul	66.00	62.15	69.62	10.72
Aug	65.77	62.28	67.20	7.32
Sep	66.11	63.12	70.31	10.23
Oct	68.70	64.64	70.91	8.85
Nov	71.51	67.59	75.49	10.47
Dec	69.64	67.10	71.40	6.02

Full forecast for 2026

Fortinet (FTNT) Monthly Stock Prediction for 2027

Month	Target	Pes.	Opt.	Vol., %
Jan	69.34	64.51	73.50	12.23
Feb	70.85	69.18	74.05	6.58
Mar	73.19	70.96	78.16	9.21
Apr	75.61	71.14	77.39	8.08
May	75.81	74.29	80.29	7.47
Jun	76.53	74.93	79.40	5.62
Jul	82.46	80.45	88.05	8.64
Aug	87.70	83.58	93.65	10.75
Sep	92.20	86.50	97.89	11.64
Oct	97.09	91.26	100.05	8.78
Nov	98.86	92.33	104.88	11.97
Dec	104.45	102.00	110.91	8.03

Full forecast for 2027

Fortinet information and performance

Fortinet Address

899 KIFER ROAD, SUNNYVALE, CA, US

Market Capitalization: 41 029 431 000 $

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: 1 319 400 000 $

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

PE Ratio: 37.1

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

PEG Ratio: 1.986

Price/earnings to growth

DPS: N/A

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: 0.0178

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

EPS: 1.44

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

Quarterly Earnings Growth YOY: 0.414

Quarterly Revenue Growth YOY: 0.161

Trailing PE: 37.1

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: 39.37

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

EV To Revenue: 10.17

Enterprise Value (EV) /Revenue

EV To EBITDA: 45.53

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

Shares Outstanding: 767910000

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.

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