Fortinet stock: MarketBeat consensus places Fortinet stock at USD 159.09

Published on 10/19/2026 at 15:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 25.60 percent to USD 2.05 billion. Fortinet stock costs EUR 151.85 on October 19, 2026 at 3:39 p.m. CEST at Lang & Schwarz.

MarketBeat consensus and earnings date

On October 18, 2026, MarketBeat listed a USD 159.09 consensus target for Fortinet.
Second-quarter revenue rose 25.60 percent to USD 2.05 billion.
Fortinet stock costs EUR 151.85 at Lang & Schwarz on October 19, 2026 at 3:39 p.m. CEST.
Fortinet will discuss third-quarter results on October 28, 2026.

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MarketBeat listed a consensus target of USD 159.09 for Fortinet on October 18, 2026, while its latest reported quarter showed revenue of USD 2.05 billion. The target lies 6.27 percent below Fortinet's USD 169.73 Nasdaq price at 9:54 a.m. ET on October 19, 2026. Fortinet stock was trading at EUR 151.85 at Lang & Schwarz on October 19, 2026 at 3:39 p.m. CEST.

Revenue reached USD 2.05 billion

Fortinet's second-quarter revenue increased 25.60 percent from the prior-year quarter to USD 2.05 billion, according to MarketBeat on October 18, 2026. Adjusted earnings per share came to USD 0.90, exceeding the USD 0.75 consensus estimate by USD 0.15. The company also guided to fiscal 2026 earnings per share of USD 3.41-3.47.

Price position before results

The Nasdaq quote stood at USD 169.73 during the open session on October 19, 2026, against a 52-week range of USD 73.55 to USD 197.13. The current level is 13.89 percent below the 52-week high, calculated from the finance quote and the stated high. Trading volume was 737,826 shares, compared with an average volume of 4,503,742 shares. This places Fortinet below its yearly peak while the next scheduled results date approaches.

Valuation and October 28 date

Fortinet's market capitalization was USD 124.5 billion and its price-to-earnings ratio was 59.78 on October 19, 2026. The company has no trailing dividend yield in the quoted figures. Fortinet announced on October 2, 2026 that it will discuss third-quarter 2026 results on October 28, 2026, at 4:30 p.m. ET, according to Fortinet.

Comparison with peers

Fortinet Inc. (NASDAQ, USD): P/E 59.78, market capitalization USD 124.5 billion
Palo Alto Networks (NASDAQ, USD): P/E 789.41, market capitalization USD 283.7 billion
Check Point Software Technologies (NASDAQ, USD): P/E 14.12, market capitalization USD 14.1 billion

The euro quote in context

For German investors, the euro quote offers a separate view from the Nasdaq price because the two figures use different currencies and venues. Fortinet's 52-week high of USD 197.13 leaves the stock 13.89 percent below that level on the Nasdaq, while the company is valued at USD 124.5 billion.

Fortinet stock was trading at EUR 151.85 at Lang & Schwarz on October 19, 2026 at 3:39 p.m. CEST.

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