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Asset logo for symbol FTNT
Fortinet
FTNT76
$77.27arrow_drop_down0.27%-$0.21
High Quality
S&P500
Asset logo for symbol FTNT
FTNT76

$77.27

arrow_drop_down0.27%

AI Deep-Learning Forecast (FTNT)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Fortinet (FTNT) Stocklytics Forecast

Fortinet Inc (FTNT) is a leading cybersecurity company that provides a range of network security solutions to businesses and organizations worldwide. With the increasing prevalence of cyber threats and the growing need for robust security measures, Fortinet has positioned itself as a key player in the industry. As a result, many investors are interested in predicting the future stock price of FTNT and identifying whether it is a good buy. Various factors can influence the stock price of FTNT, including market trends, financial performance, competitive landscape, and overall industry growth.
When it comes to predicting the future stock price of FTNT, analysts and financial institutions employ various forecasting techniques, including artificial intelligence (AI) and machine learning. These technologies have shown promise in providing accurate and reliable predictions, leveraging vast amounts of data to identify patterns and trends. AI price prediction models analyze historical data, company financials, market data, and other relevant factors to generate forecasts. Similarly, machine learning algorithms can learn from historical patterns and make predictions based on similar data trends.
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Frequently Asked Questions

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What is the analyst price prediction for Fortinet (FTNT) stock?

Analysts have set a target price of $71.79 for Fortinet (FTNT), based on forecasts from 28 analysts. The predicted price range extends from a high of $86 to a low of $54. This represents a potential increase of up to 11.29% and a decrease of -30.12% from the current price of $77.28. These forecasts are as of 2024 Feb 08.
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What are the analyst ratings for Fortinet (FTNT) stock?

The analyst ratings for Fortinet (FTNT) are distributed as follows: 21 analysts recommend buying, 7 have a neutral stance, and 2 suggest selling. The prevailing sentiment among the total of 30 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Fortinet .
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What is the AI price prediction for Fortinet (FTNT) stock?

At present, there is no AI or machine-learning-based price prediction available for Fortinet (FTNT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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