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Barchart
Barchart
Jim Van Meerten

Fortinet Stock Is Still a Buy After Hitting New All-Time Highs

  • Fortinet (FTNT) demonstrates strong momentum, with a 98% gain over the past year.
  • FTNT is projected to grow revenue 19.41% this year and 10.97% next year, with earnings expected to rise 25.02% and 8.95%, respectively.
  • Analyst sentiment is broadly positive with price targets ranging from $102 to $220.
  • Technical indicators and investor sentiment suggest FTNT still has room to run, supported by robust fundamentals and moderate short interest.

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