What’s Next For Fortinet Stock?
Fortinet (FTNT) reported strong financial results for fiscal year 2025, with revenue up 14% to $6.80 billion and billings climbing 16% to $7.55 billion. The cybersecurity firm demonstrated robust profitability with a 37% non-GAAP operating margin and $2.21 billion in free cash flow, driven by strong demand for its solutions and a growing pipeline of recurring revenue from services. Looking ahead to 2026, Fortinet anticipates continued expansion, fueled by increasing enterprise deals, growth in unified SASE and AI-linked security solutions, and its strong cash position.
Liquid Networx Announces Dedicated and Resident Fortinet Engineer Engagements for Enterprise Clients
Liquid Networx, a Fortinet Engage Preferred Services Partner, is now offering dedicated and resident certified Fortinet engineers to enterprise clients. This service provides expert design, implementation, and ongoing support for Fortinet solutions including SASE, Zero Trust, and the Fortinet Security Fabric. The offering expands Liquid Networx's national EPSP role, ensuring seamless and high-impact security outcomes for its clients.
Liquid Networx Announces Dedicated and Resident Fortinet Engineer Engagements for Enterprise Clients
Liquid Networx, a national Fortinet partner and the first Fortinet Engage Preferred Services Partner (EPSP) in North America, is now offering dedicated and resident certified Fortinet engineers for enterprise clients. This service provides expert design, implementation, and ongoing support for Fortinet solutions such as SASE, Zero Trust, and the Fortinet Security Fabric. The EPSP designation highlights Liquid Networx's ability to expertly deploy and maintain security solutions, aiding organizations in their digital acceleration efforts.
Allot Pre-Q4 Earnings Analysis: Should You Hold or Fold the Stock?
Allot Ltd. (ALLT) is poised to release its Q4 2025 earnings, with Zacks estimating a 12.2% revenue growth and a 40% increase in non-GAAP earnings per share. The company's Cybersecurity-as-a-Service (SECaaS) business is a key driver, showing significant ARR growth and increasing contribution to total revenue, making it a crucial factor in the upcoming report. Despite strong stock performance over the past year, outperforming peers, Allot remains attractively valued with a lower price-to-sales multiple compared to its competitors, prompting a "Hold" recommendation due to its growth prospects against stiff market competition.
Dramatic Escalation Frequency and Power of in DDoS Attacks
A new report by Radware indicates a dramatic escalation in the frequency and power of Distributed Denial-of-Service (DDoS) attacks, with a 168% increase in 2025 compared to 2024. These attacks are becoming faster and stronger, making them harder to detect and defend against. Hacktivism is identified as the main driver, with organizations in technology, telecommunications, and financial services being the most targeted sectors.
Radware 2026 Global Threat Report Shows DDoS Attacks Jump 168% as Cyber Threats Escalate Across Networks and Applications
Radware's 2026 Global Threat Analysis Report reveals a significant escalation in cyberattack activity during 2025, with network-layer DDoS attacks increasing by 168.2% and web DDoS attacks by 101.4%. The report highlights AI-driven bot attacks, application and API exploitation, and persistent hacktivism, driven by geopolitical conflicts, as major threats. Organizations are urged to adopt resilient, automated defenses against sophisticated, multi-vector attacks.
Radware 2026 Global Threat Report Shows DDoS Attacks Jump 168% as Cyber Threats Escalate Across Networks and Applications
Radware's 2026 Global Threat Analysis Report reveals a significant escalation in cyberattack activity during 2025, with network-layer DDoS attacks increasing by 168.2% and web DDoS attacks rising by 101.4%. The report highlights the growing sophistication of threats, including AI-driven bot attacks and application/API exploitation, driven largely by geopolitical motives. Organizations are urged to adopt resilient, automated defenses to counter these rapidly evolving and larger-scale attacks.
Fortinet, Inc. (FTNT) Gets Price Target Boosts, Here’s Why
Fortinet, Inc. (NASDAQ: FTNT) recently received price target boosts from Citi and BMO Capital, following strong fourth-quarter earnings that surpassed expectations. While Citi maintained a Neutral rating, citing a 6.81% implied upside, BMO Capital reiterated a Market Perform rating despite a cautious stance due to disappointing service growth. Management's FY26 billings growth projection of 13% year-over-year exceeded street forecasts, and the company is expected to gain more traction in the Secure Access Service Edge (SASE) space.
Fortinet, Inc. (FTNT) Gets Price Target Boosts, Here's Why
Citi and BMO Capital have both increased their price targets for Fortinet, Inc. (FTNT) following strong fourth-quarter earnings and a positive outlook for FY26 billings growth. Despite some caution regarding service growth, analysts anticipate potential upside for the company's top-line estimates and increasing traction in the Secure Access Service Edge (SASE) market. Fortinet is a cybersecurity provider headquartered in California.
Fortinet (FTNT) Stock Slides as Analyst Downgrades on Valuation Concerns
Fortinet (FTNT) stock declined after Freedom Capital Markets downgraded it from Buy to Hold due to valuation concerns, despite the company reporting strong Q4 2025 results with significant product revenue and billings growth. While other analysts remain bullish and raised price targets, potential risks such as rising memory prices, currency volatility, and increased competition, along with a high P/E ratio, contributed to the downgrade.
Fortinet (FTNT) Beat Earnings — So Why Did It Just Get Downgraded?
Fortinet (FTNT) was downgraded to Hold by Freedom Capital Markets despite a strong Q4 2025 earnings beat, primarily due to valuation concerns. The stock's P/E ratio and other factors led to the downgrade, even though product revenue and billings growth exceeded expectations. However, several other analysts maintained or raised their price targets, indicating a mixed outlook for the cybersecurity firm.
Fortinet (FTNT) stock holds steady premarket after analyst downgrade rattles cybersecurity names
Fortinet (FTNT) stock remained stable in premarket trading at $81.69 after Freedom Capital Markets downgraded its rating from "Buy" to "Hold," citing valuation concerns despite strong service growth. This downgrade follows Palo Alto Networks' reduced profit outlook, adding pressure to the cybersecurity sector. Investors are now closely watching upcoming earnings from Zscaler and CrowdStrike for further indicators of market sentiment and the impact on Fortinet's future performance.
Fortinet Expands Share Buyback Program by $1B: Buy Now or Hold?
Fortinet (FTNT) has expanded its share repurchase program by an additional $1 billion. This move signals management's confidence in the company's future and is expected to increase shareholder value by reducing the number of outstanding shares. Investors are now evaluating whether to buy Fortinet shares given this development.
Palo Alto Networks CEO: AI Won’t Replace Security Tools ‘Any Time Soon’
Palo Alto Networks CEO Nikesh Arora states that AI, specifically LLMs, will not soon replace existing security tools due to accuracy limitations and the inability to leverage proprietary domain-specific data. He emphasized that AI is more of an opportunity than a threat for cybersecurity vendors, as it can enhance products and security teams. Arora also highlighted the company's recent acquisition of Koi to boost AI agent security and the successful scaling of its Prisma AIRS platform, alongside the completion of the CyberArk acquisition for identity security.
Fortinet price readies to tackle pivotal resistance - Forecast today - 17-02-2026
Fortinet's stock price gained in recent trading, approaching a key resistance level of $87.20. While a short-term upward trend is in control and the price is above the 50-day SMA, emerging negative signals from the RSI could be a near-term obstacle. The forecast is bullish, anticipating a break above $87.20 to target $96.00.
Fortinet enhances FortiCNAPP with unified cloud risk visibility across network and data layers
Fortinet has updated FortiCNAPP to provide expanded cloud risk visibility, allowing organizations to better prioritize and address security risks. The enhancements integrate network enforcement, data sensitivity, and runtime validation into a single workflow, helping security teams move beyond alert overload. This unification addresses challenges identified in Fortinet's 2026 Cloud Security Report, such as tool sprawl and visibility gaps in hybrid and multi-cloud environments.
Fortinet Expands FortiCNAPP Cloud Risk Management with Network, Data, and Unified Risk Context
Fortinet has announced significant enhancements to its FortiCNAPP solution, focusing on improving cloud risk management by integrating network security posture, native Data Security Posture Management (DSPM), and runtime validation. These updates aim to help organizations prioritize real-world cloud risks more effectively by correlating various security signals into a single, actionable workflow. The solution addresses challenges like tool sprawl and fragmented visibility in multi-cloud environments, enabling security teams to make more informed decisions and accelerate remediation efforts.
Assessing Fortinet (FTNT) Valuation After Earnings Beat Guidance Lift And FortiSIEM Upgrade
Fortinet (FTNT) recently beat earnings expectations, raised 2026 revenue guidance, and launched a major FortiSIEM upgrade, leading to increased investor focus. Despite a 23.36% decline in its 1-year total shareholder return, the stock is up 13.5% over 30 days. Simply Wall St's narrative suggests Fortinet is 1.7% undervalued with a fair value of $87.04, but its P/E ratio of 34.3x is higher than the US Software industry average, presenting mixed signals on its valuation.
GF Fund Management CO. LTD. Sells 91,528 Shares of Fortinet, Inc. $FTNT
GF Fund Management CO. LTD. reduced its stake in Fortinet, Inc. by 37.5% in the third quarter, selling 91,528 shares and retaining 152,442 shares worth $12.817 million. Insider sales also occurred on February 2nd, with CEO Ken Xie and VP Michael Xie selling a combined total of over 500,000 shares. Despite mixed analyst ratings and an average "Hold" recommendation, Fortinet reported strong Q4 earnings, surpassing revenue and EPS estimates.
Fortinet, Inc. $FTNT Shares Sold by Cookson Peirce & Co. Inc.
Cookson Peirce & Co. Inc. significantly reduced its stake in Fortinet (NASDAQ:FTNT) by 97.5% in the third quarter, selling over 151,000 shares. This comes as Fortinet's CEO and VP also made substantial share sales in early February. Despite these sales, Fortinet reported strong quarterly earnings, beating analyst expectations for both EPS and revenue, and has a consensus "Hold" rating from analysts with an average price target of $89.07.
Fortinet, Inc. $FTNT Stock Position Decreased by Cibc World Market Inc.
Cibc World Market Inc. significantly reduced its stake in Fortinet (NASDAQ:FTNT) by 73.9% in the third quarter, selling 191,056 shares. This comes amidst major insider sales by CEO Ken Xie and VP Michael Xie in February 2026. Despite the decrease in institutional and insider holdings, Fortinet reported strong quarterly earnings, beating expectations with an EPS of $0.81 and revenue of $1.91 billion, and analysts maintain a consensus "Hold" rating with an $89.07 target price.
Palo Alto Networks Climbs 4.8% This Week Before Tuesday’s Earnings Release
Palo Alto Networks (PANW) saw its stock climb 4.8% this week before its Q2 fiscal 2026 earnings release on Tuesday. The company recently completed two major acquisitions, CyberArk ($25 billion) and Chronosphere ($3.35 billion), signaling aggressive expansion into adjacent security markets, particularly in identity and cloud-native observability. Analysts have mixed sentiments, with some maintaining high price targets due to the CyberArk deal, while others have trimmed targets amid concerns about integration and organic growth.
What Fortinet (FTNT)'s 2025 Results, 2026 Outlook and Bigger Buyback Plan Mean For Shareholders
Fortinet reported strong full-year 2025 results with increased revenue and net income, alongside an expanded share repurchase authorization and upbeat 2026 revenue guidance. The company's AI-enhanced FortiSIEM upgrade highlights its focus on product innovation within its cybersecurity platform. This report assesses how these developments impact Fortinet's investment narrative, especially concerning hardware cycles, service growth, and the shift towards cloud-native security.
United States Next-Generation Firewall Market to Grow at 12%
The United States Next-Generation Firewall (NGFW) Market is projected to grow at a CAGR of 12% from 2024 to 2031, driven by increasing cyber threats, cloud adoption, and integration with Zero Trust and SASE architectures. North America currently dominates the market, while the Asia-Pacific region is the fastest-growing. Key players include Cisco, Fortinet, Palo Alto Networks, and Check Point, with recent developments focusing on AI-enhanced platforms, SASE integration, and zero-trust segmentation.
Prescott Group Capital Management L.L.C. Decreases Stock Holdings in Fortinet, Inc. $FTNT
Prescott Group Capital Management L.L.C. significantly reduced its holdings in Fortinet, Inc. by 49.7% in the third quarter, selling 11,875 shares and retaining 12,000 shares valued at approximately $1.01 million. This comes amidst other institutional investors adjusting their stakes and notable insider sales by Fortinet's VP and CEO. Despite these reductions, the company reported strong quarterly earnings, beating analyst expectations, and provided positive Q1 and FY 2026 guidance.
Fortinet FortiSIEM AI Upgrade Tests Platform Growth And Margin Resilience
Fortinet (NasdaqGS:FTNT) has upgraded its FortiSIEM platform with AI-driven incident response and enhanced threat detection, alongside expanded data sovereignty options. This move aims to bolster its position against competitors like Palo Alto Networks and CrowdStrike in securing high-value deployments and aligns with Fortinet’s strategy of expanding integrated cybersecurity solutions and increasing platform-based revenue. Investors should monitor customer adoption, the mix of product and services revenue, and margin performance as the company continues to invest heavily in AI and data centers.
Baader Bank Aktiengesellschaft Sells 47,727 Shares of Fortinet, Inc. $FTNT
Baader Bank Aktiengesellschaft has reduced its stake in Fortinet, Inc. (NASDAQ:FTNT) by 91.1%, selling 47,727 shares and holding a value of $375,000. This comes as other institutional investors have mostly increased their holdings, with Vanguard Group Inc. being the largest holder. Fortinet's stock recently traded at $84.26, has a market capitalization of $62.66 billion, and analysts have a consensus "Hold" rating with an average target price of $89.07.
Caprock Group LLC Buys Shares of 32,121 Fortinet, Inc. $FTNT
Caprock Group LLC has acquired 32,121 shares of Fortinet, Inc. (NASDAQ:FTNT) valued at approximately $2,530,000 during the third quarter. Other institutional investors like LSV Asset Management and Financial Consulate Inc. also made changes to their positions. Despite recent insider selling by executives, Fortinet reported strong Q4 earnings, surpassing analyst estimates with $0.81 EPS on $1.91 billion revenue.
Fortinet, Inc. $FTNT Shares Sold by Envestnet Asset Management Inc.
Envestnet Asset Management Inc. significantly reduced its stake in Fortinet, Inc. (NASDAQ:FTNT) by 45.3% in the third quarter, selling over 294,000 shares. Additionally, Fortinet executives, including VP Michael Xie and CEO Ken Xie, executed sizable stock sales in early February. Despite these sales, the company exceeded quarterly earnings and revenue expectations and received a "Hold" consensus rating from analysts with an average price target of $89.07.
The Zacks Analyst Blog Highlights Eli Lilly, Marriott International, Fortinet, GSI Technology and Kewaunee Scientific
This Zacks Analyst Blog highlights top research reports for Eli Lilly, Marriott International, and Fortinet, alongside micro-cap companies GSI Technology and Kewaunee Scientific. It discusses each company's recent performance, key growth drivers, and potential headwinds, drawing from detailed analysis provided by Zacks Equity Research. The article emphasizes the unique value of Zacks' micro-cap research and offers investors an "Ahead of Wall Street" preview.
Fortinet Inc (FTNT) Shares Down 3.81% on Feb 12
Shares of Fortinet Inc (FTNT) fell 3.81% on February 12, reaching an intraday low of $84.35 before closing at $84.47. This price is 26.43% below its 52-week high and 20.46% above its 52-week low. Wall Street analysts have an average target price of $90.44 for FTNT, indicating a 7.07% upside, while GuruFocus estimates a fair value of $108.21, suggesting a 28.1% upside.
4 Reasons Fortinet Could Be at a Buyable Bottom
Fortinet (NASDAQ: FTNT) stock is poised for a rebound in 2026, with potential gains of 15% to 30%. This outlook is supported by a strong technical setup, robust Q4 2025 results and guidance, positive analyst trends, and significant institutional accumulation. The increasing demand for AI-assisted cybersecurity services is also a key driver for the company's growth.
Zscaler Stock Dips 38% in Six Months: Should You Hold or Exit?
Zscaler's stock has dropped 38.5% in the past six months, underperforming its tech sector and competitors due to macroeconomic headwinds and high valuation. Despite this, the company shows resilient financial performance with strong revenue and earnings growth, increasing customer base, and significant investments in AI and Zero Trust security. Zacks Investment Research recommends holding ZS stock, citing its long-term growth potential driven by innovation and market positioning.
Zscaler Stock Dips 38% in Six Months: Should You Hold or Exit?
Zscaler (ZS) stock has declined by 38.5% in the past six months, underperforming the broader tech sector due to macroeconomic headwinds, increasing competition, and a high valuation. Despite this, the company reported strong financial results in Q1 fiscal 2026, with revenue up 26% and emerging products showing rapid growth. Zscaler's investments in AI Security, Zero Trust Everywhere, and Data Security are expected to drive long-term growth, leading to a "Hold" recommendation.
The Zacks Analyst Blog Highlights Eli Lilly, Marriott International, Fortinet, GSI Technology and Kewaunee Scientific
The Zacks Analyst Blog highlights five key stocks: Eli Lilly, Marriott International, Fortinet, GSI Technology, and Kewaunee Scientific. The reports detail recent financial performance, growth drivers, challenges, and future outlook for each company, based on research from Zacks Equity Research analysts.
Evercore ISI Adjusts Fortinet PT to $78 From $80, Maintains In Line Rating
Evercore ISI has adjusted its price target for Fortinet (FTNT) down to $78 from $80, while maintaining an "In Line" rating on the stock. This update comes amidst a series of other analyst adjustments for Fortinet, both upward and downward, following recent financial updates.
Wealthfront Advisers LLC Has $7.20 Million Stake in Fortinet, Inc. $FTNT
Wealthfront Advisers LLC significantly increased its stake in Fortinet, Inc. during Q3, now holding 85,576 shares valued at approximately $7.20 million. Despite strong institutional investment, company insiders Michael Xie and Ken Xie sold a substantial amount of shares in early February. Fortinet recently surpassed quarterly earnings estimates and provided positive guidance for Q1 and full-year 2026, though analyst ratings are mixed with a consensus "Hold" rating.
Daiwa Securities Adjusts Fortinet Price Target to $90 From $86, Maintains Neutral Rating
Daiwa Securities has updated its price target for Fortinet (FTNT) to $90, an increase from its previous target of $86. The firm has concurrently maintained a "Neutral" rating on the cybersecurity company's stock. This adjustment reflects a modest change in their valuation outlook for Fortinet.
Rhumbline Advisers Purchases 28,165 Shares of Fortinet, Inc. $FTNT
Rhumbline Advisers increased its stake in Fortinet, Inc. by 2.4%, acquiring an additional 28,165 shares, bringing their total to 1,223,244 shares valued at $102.85 million. This comes as Fortinet reported strong quarterly earnings, beating analyst estimates, and provided positive FY2026 EPS guidance. However, two key insiders, VP Michael Xie and CEO Ken Xie, recently sold significant portions of their holdings.
Is It Too Late To Consider Fortinet (FTNT) After Its Recent Share Price Rebound?
Fortinet (FTNT) has seen recent share price increases, but its stock is still considered potentially undervalued by some metrics. A Discounted Cash Flow (DCF) analysis suggests an 18.4% discount, while its P/E ratio indicates it might be somewhat overvalued compared to its fair ratio. The article also presents "Narratives" that reflect varying investor perspectives on Fortinet's fair value.
Top Analyst Reports for Eli Lilly, Marriott & Fortinet
This article presents the latest research reports from Zacks on 16 major stocks, including Eli Lilly (LLY), Marriott International (MAR), and Fortinet (FTNT), along with two micro-cap stocks, GSI Technology (GSIT) and Kewaunee Scientific (KEQU). It highlights the performance, key drivers, and challenges for each company based on their recent quarterly results and market positions. The reports offer insights into growth prospects and potential headwinds for these diverse companies across pharmaceuticals, hospitality, cybersecurity, and specialized technology sectors.
Top Analyst Reports for Eli Lilly, Marriott & Fortinet
Zacks Research Daily has published new reports on 16 major stocks, including Eli Lilly, Marriott International, and Fortinet. The reports highlight strong performance and growth drivers for these companies, with Eli Lilly benefiting from its GLP-1 drugs, Marriott from increased RevPAR, and Fortinet from security subscription demand. The article also touches on analyst insights for several other companies, noting both positive and negative factors influencing their stock performance.
Allot Rises 15% in 3 Months: Should You Hold or Fold the Stock?
Allot (ALLT) shares have gained 15.2% in the past three months due to strong growth in its Security as a Service (SECaaS) business, which is becoming a primary growth driver. The company raised its 2025 revenue and SECaaS ARR growth guidance, indicating continued positive momentum. Despite competing with well-established cybersecurity firms, Allot stock appears reasonably priced compared to its sector and peers, leading to a "Hold" recommendation.
Fortinet, Inc. (FTNT) Balances Growth Outlook With AI Innovation
Fortinet, Inc. (FTNT) is balancing its growth outlook with AI innovation, recently upgrading its FortiSIEM platform with agentic AI-driven incident response. While UBS raised Fortinet's price target to $90 with a Neutral rating, citing strong Q4 results and a positive 2026 outlook, Scotiabank downgraded the stock to Sector Perform, maintaining an $85 price target, despite acknowledging the company's strong offerings. The company, a cybersecurity leader with its FortiGate firewalls, faces questions about sustaining service revenue growth as comparisons tighten in late 2026 and 2027.
Fortinet, Inc. (FTNT) Balances Growth Outlook With AI Innovation
Fortinet (FTNT) is balancing its growth outlook with significant AI innovation. Despite a recent downgrade by Scotiabank, UBS maintained a Neutral rating while raising its price target, citing strong Q4 results and a positive 2026 outlook. Fortinet also announced a major upgrade to FortiSIEM, incorporating agentic AI-driven incident response to combat sophisticated AI-powered attacks, reinforcing its position in the cybersecurity market.
Allot Rises 15% in 3 Months: Should You Hold or Fold the Stock?
Allot (ALLT) shares have risen 15.2% over the past three months, outperforming its peers and the broader Zacks Computer and Technology Sector. The growth is primarily attributed to its strong SECaaS business, which is driving recurring revenue and has led the company to raise its 2025 revenue guidance. Despite strong growth, Allot stock appears reasonably priced compared to its sector and competitors, although it faces stiff competition from established players like Check Point Software, Fortinet, and Palo Alto Networks.
What's Holding Analysts Back on Fortinet (FTNT) Despite a Target Hike
BMO Capital raised its price target for Fortinet (FTNT) to $95.00 from $90.00 while maintaining a "Market Perform" rating, following the company's strong Q4 2025 earnings with upside in billings and SASE traction. Despite positive guidance for fiscal year 2026 billings growth, the firm remains cautious due to concerns about services revenue growth, indicating that an improvement in this area is needed for a more constructive outlook. Fortinet, a cybersecurity company, uses AI in its products, and while acknowledging its potential, the article suggests other AI stocks might offer greater upside with less risk.
What’s Holding Analysts Back on Fortinet (FTNT) Despite a Target Hike
BMO Capital raised its price target for Fortinet (FTNT) to $95.00 from $90.00, maintaining a "Market Perform" rating after the company's Q4 2025 earnings. While noting strong billings and SASE traction, the firm expressed caution regarding Fortinet's services revenue growth. Analysts require improved services growth to adopt a more constructive outlook on the stock.
ON24 Celebrates 2025 Winners of the Digital Engagement Excellence Awards
ON24 has announced the 2025 winners of its Digital Engagement Excellence Awards, recognizing companies that effectively leveraged its platform to drive business results, scale AI-powered engagement, and enhance customer experiences. Honorees include Fortinet, Salesforce, Aviso Wealth, and others, celebrated for transforming webinar content, engaging large audiences, and generating significant pipeline through innovative digital strategies. The awards highlight the impactful use of personalized digital engagement, data insights, and AI in achieving measurable success.
How Is The Market Feeling About Fortinet Inc?
Fortinet Inc.'s short interest as a percent of float has decreased by 4.11% since its last report, with 20.07 million shares sold short, representing 3.27% of its tradable shares. This reduction suggests a more bullish sentiment among investors towards the company. Compared to its peers, Fortinet Inc. has less short interest, with its peer group average being 6.70%.
