Ftnt Stock Forecast Zacks

Momentum investors should take note of this computer and technology stock. Since then, ftnt stock has increased by 240.7% and is now trading at $299.68.

Fortinet Ftnt Is A Top-ranked Momentum Stock Should You Buy

Annual revenue (last year) $2.6b:

Ftnt stock forecast zacks. Annual profit (last year) $488.5m: By zacks equity research published on september 15,2021 Zacks' proprietary data indicates that fortinet, inc.

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. View which stocks have been most impacted by. The network security company posted revenue of $867.2 million in the period, also topping street forecasts.

Ftnt boasts an average earnings surprise of 10.8%. 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. Fortinet ftnt shares rallied 4.5% in the last trading session to close at $204.23.

Ten analysts surveyed by zacks expected $810.8 million. Ftnt has a momentum style score of b, and shares are up 0.7% over the past four weeks. Ftnt is a #3 (hold) on the zacks rank, with a vgm score of b.

The zacks consensus estimate for revenues is. The zacks consensus estimate for revenues is. 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.

For the current quarter ending in december, fortinet said it expects revenue in the range of $940 million to $970 million. Ftnt has a momentum style score of b, and shares are up 0.7. Fortinet ftnt stock gained 2.7% on wednesday after the cybersecurity firm forecast strong growth in revenues and billings through 2023.

This move can be attributable to notable volume with a higher number of shares being traded than in a typical. 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. During a virtual investor day on tuesday, the company.

Zacks investment research reports that the 2021 price to earnings ratio for ftnt is 117.41 vs. Eps forecast (this quarter) $1.15: Momentum investors should take note of this computer and technology stock.

Ftnt is a #3 (hold) on the zacks rank, with a vgm score of b. Ftnt is currently sporting a zacks rank of #2 (buy).

Fortinet Ftnt Beats On Q2 Earnings Revenues Raises 21 Guidance