Cantor keeps USD 185 target for Fortinet stock before results

Published on 10/27/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cantor Fitzgerald keeps a USD 185.00 target ahead of results. Fortinet stock costs EUR 163.59 on October 27, 2026.

Analyst view ahead of results

Cantor Fitzgerald retained its USD 185.00 target on October 26, 2026.
Fortinet posted USD 2.05 billion in second-quarter 2026 revenue, up 25.60 percent year over year.
Fortinet stock traded at EUR 163.59 at 12:15 p.m. CEST at Lang & Schwarz on October 27, 2026.

Fortinet Inc., US34959E1091, Illustration mit AI erstellt.

Fortinet Inc. (ISIN US34959E1091) was trading at EUR 163.59 at Lang & Schwarz on October 27, 2026, at 12:15 p.m. CEST. Investing.com reported on October 26, 2026, that Cantor Fitzgerald retained a Neutral rating and a USD 185.00 price target after channel checks pointed to demand consistent with the second quarter.

Analyst target stays at USD 185

Cantor Fitzgerald surveyed 21 partners, with 48.00 percent exceeding plan, 38.00 percent coming in line and 14.00 percent falling below plan, according to Investing.com. The firm viewed the checks as consistent with a revenue beat of more than 5.00 percent versus FactSet consensus for the third quarter.

That view sits beside a mixed analyst picture. MarketBeat reported on October 26, 2026, that 39 analysts carried a consensus Hold rating and an average target of USD 162.36, while JPMorgan had raised its target from USD 118.00 to USD 140.00 but retained an Underweight rating.

What does the next report test?

The immediate test is whether Fortinet can sustain the operating gains delivered in the second quarter. Yahoo Finance reported that second-quarter 2026 revenue reached USD 2.05 billion, up 25.60 percent year over year, while product revenue rose 52.00 percent to USD 773.00 million. Non-GAAP operating margin reached 38.00 percent, up 490 basis points from the year-earlier period.

Three dates frame the stock

On July 29, 2026, Fortinet reported second-quarter revenue of USD 2.05 billion and adjusted earnings per share of USD 0.90, above the USD 0.75 consensus, according to Yahoo Finance. On October 2, 2026, Fortinet announced its third-quarter results call for October 28, 2026, at 4:30 p.m. Eastern Time. On October 26, 2026, Cantor Fitzgerald retained its USD 185.00 target.

Upcoming dates for Fortinet

Fortinet scheduled its third-quarter 2026 financial results for October 28, 2026, followed by a conference call at 4:30 p.m. Eastern Time. The company also lists a Security Operations Summit for November 4, 2026, focused on AI-native security operations.

Price reflects the pre-results setup

Fortinet's second-quarter revenue growth and the USD 185.00 Cantor target provide two reference points before the October 28 report. The EUR 163.59 quote at Lang & Schwarz was an intraday indication on October 27, 2026, at 12:15 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Fortinet stock.