Ftnt Stock Forecast Zacks

During a virtual investor day on tuesday, the company. Ftnt is currently sporting a zacks rank of #2 (buy).

Fortinet Stock Quote

Eps forecast (this quarter) $1.15:

Ftnt stock forecast zacks. Fortinet ftnt shares rallied 4.5% in the last trading session to close at $204.23. For ftnt, shares are up 0.63% over the past week while the zacks security industry is down 4.3% over the same time period. Ftnt has a momentum style score of b, and shares are up 0.7.

Since then, ftnt stock has increased by 240.7% and is now trading at $299.68. Annual profit (last year) $488.5m: Ftnt boasts an average earnings surprise of 10.8%.

Ftnt is a #3 (hold) on the zacks rank, with a vgm score of b. Fortinet ftnt stock gained 2.7% on wednesday after the cybersecurity firm forecast strong growth in revenues and billings through 2023. Zacks' proprietary data indicates that fortinet, inc.

Momentum investors should take note of this computer and technology stock. Is currently rated as a zacks rank 3 and we are expecting an inline return from the ftnt shares relative to the market in the next few months. By zacks equity research published on september 15,2021

This move can be attributable to notable volume with a higher number of shares being traded than in a typical. The network security company posted revenue of $867.2 million in the period, also topping street forecasts. Momentum investors should take note of this computer and technology stock.

In fact, when combining a zacks rank #3 or better and a positive earnings esp, stocks produced a positive surprise 70% of the time, while they also. View which stocks have been most impacted by. Ftnt has a momentum style score of b, and shares are up 0.7% over the past four weeks.

17 wall street analysts that have issued a 1 year ftnt price target, the average ftnt price target is $313.06, with the highest ftnt stock price forecast at $400.00 and the lowest ftnt stock price forecast at $104.00. For the current quarter ending in december, fortinet said it expects revenue in the range of $940 million to $970 million. Zacks investment research reports that the 2021 price to earnings ratio for ftnt is 117.41 vs.

The zacks consensus estimate for revenues is. Annual revenue (last year) $2.6b: The zacks consensus estimate for revenues is.

Ten analysts surveyed by zacks expected $810.8 million. Ftnt is a #3 (hold) on the zacks rank, with a vgm score of b.