Fortinet Analysts Maintain 'Hold' Rating with $87.84 Average Price Target

Cybersecurity firm Fortinet receives mixed analyst reviews as stock price target remains steady.

Apr. 12, 2026 at 8:09am

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A highly detailed, industrial close-up image of Fortinet's network security hardware, including circuit boards, cooling fans, and metal enclosures, conveying the company's role in the complex infrastructure of modern cybersecurity.Fortinet's cybersecurity hardware powers the digital defenses of enterprises, service providers, and governments worldwide.Sunnyvale Today

Shares of cybersecurity company Fortinet, Inc. (NASDAQ:FTNT) have received an average 'Hold' rating from 31 analysts covering the stock, with a $87.84 average 12-month price target. The ratings include 4 'Sell' recommendations, 22 'Hold' recommendations, and 5 'Buy' recommendations.

Why it matters

Fortinet is a major player in the growing cybersecurity industry, providing network security appliances and software to enterprise, service provider, and government customers worldwide. Analyst ratings and price targets can significantly impact investor sentiment and the company's stock performance.

The details

The average price target of $87.84 represents a modest increase from Fortinet's current trading price. Analysts cited a range of factors in their assessments, including the company's revenue growth, product portfolio, and competitive positioning in the cybersecurity market.

  • Fortinet reported Q4 2025 earnings on February 5, 2026.

The players

Fortinet, Inc.

A multinational cybersecurity company that develops and delivers integrated security solutions for enterprise, service provider and government customers worldwide.

Ken Xie

Co-founder, chairman, and chief executive officer of Fortinet.

Michael Xie

Co-founder of Fortinet.

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What’s next

Investors will be closely watching Fortinet's upcoming Q1 2026 earnings report to see if the company can meet or exceed its guidance.

The takeaway

Fortinet's mixed analyst ratings and steady price target reflect the cybersecurity industry's competitive landscape, where the company must continue innovating to maintain its market position and financial performance.