# Fortinet, Inc. – Consensus ‘hold’ rating and 21.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortinet-inc.consensus-hold-rating-and-21.1-upside-potential/4121165028
- Published: 2024-07-15T12:08:58+01:00
- Author: Charlotte Edwards

**Fortinet, Inc.** which can be found using ticker (FTNT) now have 37 analysts in
total covering the stock. The consensus rating is pointing to ‘hold’. The target
price High/Low ranges between $91.50 and $54.00 suggesting an average Analsyt target
price of $71.20. Given that the stocks previous close was at $58.79 and the analysts
are correct then there would likely be a percentage uptick in value of 21.1%. The
day 50 moving average is $60.00 while the 200 day moving average is $61.17. The 
company has a market capitalization of 45.49B. The current stock price for The Williams
Companies, Inc. is currently $59.55 USD

 The potential market cap would be $55,095,534,472 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 38.67, revenue per share of $6.98
and a 11.08% return on assets.

Fortinet, Inc. is engaged in offering cybersecurity and networking solutions. The
Company provides cyber security solutions to a variety of organizations, including
enterprises, communication service providers, security service providers, government
organizations and small businesses. The Company’s product offerings consist of its
core platform network security products and its enhanced platform technology products,
which are offered in a range of forms spanning physical appliances, virtual appliances,
software, and cloud-hosted services. Its Secure Networking solutions enable the 
convergence of networking and security across all edges to provide next generation
firewall, software-defined wide area network (SD- WAN), and secure access service
edge (SASE). Its Zero Trust Access solutions enable customers to know and control
who and what is on their network. Its FortiGuard security services counter threats
in real time with artificial intelligence-powered, coordinated protection.

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