Also, Fortinet (FTNT) climbed about +10% and was the top percentage gainer on the Nasdaq 100 after reporting better-than-expected Q3 results and providing above-consensus annual adjusted EPS guidance.
The 12-month price targets, analyzed by analysts, offer insights with an average target of $83.12, a high estimate of $90.00, and a low estimate of $68.00. This upward trend is evident, with the ...
Cybersecurity firm Fortinet's fourth-quarter revenue forecast failed to impress investors on Thursday, sending its shares down over 8% in extended trading.
Our commitment to AI innovation is reflected in our expansion of generative AI, which now enhances seven different products across our portfolio,” said John Maddison, Chief Marketing Officer at ...
Analysts have given Fortinet a total of 8 ratings, with the consensus rating being Neutral. The average one-year price target is $80.88, indicating a potential 2.59% upside.
It now trades at about $300 but has still never split its stock. That sets it apart from its big cybersecurity competitors, Palo Alto Networks and Fortinet, which both split their stocks in 2022.