What’s Holding Analysts Back on Fortinet (FTNT) Despite a Target Hike

4 days ago 4

Ghazal Ahmed

Wed, February 11, 2026 astatine 10:44 AM CST 2 min read

Fortinet, Inc. (NASDAQ:FTNT) is 1 of the 10 Trending AI Stocks According to Analysts. BMO Capital remains measured successful its outlook pursuing Fortinet’s Q4 2025 earnings. On February 9, steadfast expert Keith Bachman raised the terms people connected the banal to $95.00 (from $90.00) portion maintaining a “Market Perform” rating. The steadfast has noted upside successful billings & SASE traction but remains cautious connected services gross growth.

According to the firm, Fortinet delivered upside to statement crossed cardinal metrics excluding services gross growth. It noted that management’s fiscal twelvemonth 2026 billings maturation guidance of 13% year-over-year surpassed the statement estimation of 11%, likewise a affirmative astonishment for investors.

Looking ahead, BMO Capital anticipates imaginable upside to topline estimates, expecting Fortinet to summation further traction successful the Secure Access Service Edge (SASE) market. However, the steadfast has expressed its disappointment related to services growth, demanding an betterment for holding a much constructive outlook.

“To determination to a much constructive stance connected the shares, we request condemnation that services gross maturation tin improve. We support our Market Perform standing and rise our people terms to $95.”

What’s Holding Analysts Back connected Fortinet (FTNT) Despite a Target Hike

Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, provides enterprise-level next-generation firewalls and web information solutions, leveraging artificial quality crossed its cybersecurity products.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.