Rating Change
Wells Fargo analysts reiterated a Underweight rating on Fortinet, Inc. (NASDAQ:FTNT) on July 20, 2026.
reiterateNASDAQ:FTNT
Wells Fargo Reiterates Underweight Rating on Fortinet, Inc. (FTNT)
Rating Change Wells Fargo analysts reiterated a Underweight rating on Fortinet, Inc. (NASDAQ:FTNT) on July 20, 2026. Market Context Fortinet, Inc.
Market Context
Fortinet, Inc. operates in the Technology sector. The stock currently trades at $162.35 with a market capitalization of $63.0B. The stock has gained 93.2% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Fortinet, Inc..
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Fortinet, Inc.
Among the 10 most recent ratings: 5 Buy, 2 Hold, 3 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 20, 2026 | Wells Fargo | Underweight | N/A |
| Jul 15, 2026 | Mizuho | Underperform | N/A |
| Jul 13, 2026 | TD Cowen | Buy | N/A |
| Jul 13, 2026 | Barclays | Equal-Weight | N/A |
| Jul 10, 2026 | BTIG | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View FTNT Stock Page
Frequently Asked Questions
What does a Underweight rating mean for FTNT?
A Underweight rating from Wells Fargo reflects the analyst's outlook on Fortinet, Inc. (NASDAQ:FTNT). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FTNT forecast page.
