- Fortinet's FortiAI technology receives significant upgrades, bolstering cybersecurity capabilities.
- Analysts forecast a potential 14.58% upside for Fortinet, with a price target range of $83 to $135.
- GuruFocus' GF Value indicates a slight downside risk for Fortinet from current trading levels.
Fortinet (FTNT, Financial) is striving to stay ahead in the cybersecurity landscape by rolling out major enhancements to its FortiAI technology. These upgrades integrate agentic AI to not only heighten threat detection capabilities but also to automate security operations. This fortification strengthens the protection for AI-enabled services, further cementing Fortinet's status as a leader in AI-driven security solutions.
Wall Street Analysts Forecast
Investment analysts have provided their one-year price targets for Fortinet Inc (FTNT, Financial), with an average target of $114.50. This reflects a potential upside of 14.58% from the current trading price of $99.93. Analysts have set a high price estimate of $135.00 and a low of $83.00. For a detailed breakdown of these estimates, you can visit the Fortinet Inc (FTNT) Forecast page.
Analyzing consensus recommendations from 44 brokerage firms, Fortinet Inc (FTNT, Financial) is currently rated as a "Hold" with an average brokerage recommendation of 2.6. Using a rating scale where 1 represents a Strong Buy and 5 indicates a Sell, this midpoint rating suggests a cautious but steady outlook.
According to GuruFocus metrics, the estimated GF Value for Fortinet Inc (FTNT, Financial) over the coming year is $97.99. This suggests a slight downside of 1.94% from its present price of $99.93. The GF Value is GuruFocus' fair value estimate, derived from historical trading multiples, business growth trends, and projected performance. Additional detailed insights on Fortinet's valuation can be accessed on the Fortinet Inc (FTNT) Summary page.
