Fortinet Reports Strong Q4 Earnings and Raises Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 27 2026
0mins
Should l Buy FTNT?
Source: Benzinga
Fortinet's stock fell 5.02% as it crossed below the 5-day SMA amid a broader market decline.
Despite reporting strong Q4 earnings of $0.81 per share, exceeding expectations, and a revenue increase to $1.905 billion, the stock faced pressure from a 1.67% drop in the Nasdaq-100 and a 1.29% decline in the S&P 500. Additionally, while Rosenblatt raised its price target, Scotiabank downgraded Fortinet to sector perform, indicating mixed analyst sentiment.
The company's strong performance and optimistic guidance for Q1 2026, projecting revenue between $1.70 billion and $1.76 billion, suggest potential for recovery. However, the current market conditions and analyst rating divergence may continue to impact investor sentiment.
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Analyst Views on FTNT
Wall Street analysts forecast FTNT stock price to rise
24 Analyst Rating
3 Buy
18 Hold
3 Sell
Hold
Current: 83.810
Low
70.00
Averages
84.18
High
100.00
Current: 83.810
Low
70.00
Averages
84.18
High
100.00
About FTNT
Fortinet, Inc. is engaged in cybersecurity, driving the convergence of networking and security. The Company’s integrated platform, Fortinet Security Fabric, spans secure networking, unified Secure Access Service Edge (SASE) and artificial intelligence (AI)-driven security operations (SecOps). Its products and services include FortiOS, FortiASIC, FortiCloud, FortiAI, FortiEndpoint, and OT Security. The FortiGuard Labs is a cybersecurity threat intelligence and research organization comprised of experienced threat hunters, researchers, analysts, engineers and data scientists who develop and utilize machine learning and AI technologies. FortiGuard and Other Security Services are a suite of AI-powered security capabilities that are integrated as part of the Fortinet Security Fabric to deliver coordinated detection and enforcement across the entire attack surface. FortiCare Technical Support Service is a per-device technical support service. It also operates Fortinet Training Institute.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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