MarketBeat sets Fortinet stock consensus at Hold with USD 152.79 target
Published on 10/01/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fortinet stock (ISIN US34959E1091) was trading at EUR 158.94 at Lang & Schwarz on October 1, 2026 at 10:03 a.m. CEST, while MarketBeat reported a Hold consensus from 36 analysts and an average 1-year price target of USD 152.79 on October 1, 2026. The euro quote was plus 0.90 percent versus the Lang & Schwarz prior close of EUR 157.52.
Analyst target stays below the quote
MarketBeat counted 10 buy ratings, 19 hold ratings, 5 sell ratings and 2 strong-buy ratings. The average target of USD 152.79 sits below the latest US reference price of USD 178.76 cited in the same October 1 report, showing that the consensus target does not match the stock's recent trading level.
The range of published targets remains wide. Goldman Sachs and Barclays each set a USD 190.00 target on July 30, 2026, while Deutsche Bank issued a USD 160.00 target, according to MarketBeat. These targets are in US dollars and are separate from the euro Lang & Schwarz quote.
Second-quarter growth sets the benchmark
For the quarter ended June 30, 2026, Fortinet generated USD 2.05 billion in revenue, up 25.6 percent from the prior-year quarter, while GAAP earnings per share reached USD 0.82. Earnings Today also reported adjusted earnings per share of USD 0.81 against a USD 0.66 consensus estimate and revenue of USD 2.05 billion against USD 1.89 billion expected.
The comparison gives Fortinet's valuation a demanding operating benchmark. The latest quarter combined double-digit revenue growth with USD 606.3 million of net income and USD 1.04 billion of operating cash flow, both reported for the quarter ended June 30, 2026.
Results date points to November 4
Earnings Today lists November 4, 2026 as Fortinet's next scheduled earnings date and projects adjusted earnings per share of USD 0.77. The company also set fiscal 2026 earnings-per-share guidance at USD 3.41 to USD 3.47, according to the October 1 MarketBeat report.
Fortinet stock remains near its yearly high
Fortinet stock was trading at EUR 158.94 at Lang & Schwarz on October 1, 2026 at 10:03 a.m. CEST, plus 0.90 percent versus the prior close of EUR 157.52. The reference quote is separate from the NASDAQ context, where the October 1 report listed a 52-week range of USD 73.55 to USD 181.37 and market capitalization of USD 131.2 billion. The further course of trading is shown by the continuously updated real-time quote of Fortinet stock.
Fortinet stock facts
- Company: Fortinet, Inc.
- ISIN: US34959E1091
- Ticker: FTNT
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 1, 2026, 10:03 a.m. CEST: EUR 158.94
- Change versus prior close: plus 0.90 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 157.52
- Market capitalization: USD 131.2 billion as of October 1, 2026
- 52-week range: USD 73.55-181.37 as of October 1, 2026
- Sector / Industry: Technology / Software - Infrastructure
- Next earnings date: November 4, 2026
