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An update from Fortinet ( (FTNT) ) is now available.
On August 21, 2025, Fortinet‘s Board of Directors authorized a $1 billion increase in its share repurchase program, bringing the total authorized amount to $9.25 billion, and extended the program to February 28, 2027. This move allows Fortinet flexibility in managing its capital structure and potentially enhances shareholder value, with repurchases dependent on market conditions and other factors.
The most recent analyst rating on (FTNT) stock is a Hold with a $85.00 price target. To see the full list of analyst forecasts on Fortinet stock, see the FTNT Stock Forecast page.
Spark’s Take on FTNT Stock
According to Spark, TipRanks’ AI Analyst, FTNT is a Outperform.
Fortinet’s strong financial performance and positive earnings call are significant strengths, driving the overall score. The company’s robust profitability, efficient operations, and raised guidance reflect a solid growth outlook. The valuation suggests high growth expectations, while technical analysis is limited by a lack of data.
To see Spark’s full report on FTNT stock, click here.
More about Fortinet
Fortinet operates in the cybersecurity industry, providing a range of network security solutions and services to protect data and systems for enterprises, service providers, and government organizations.
Average Trading Volume: 6,393,308
Technical Sentiment Signal: Hold
Current Market Cap: $59.84B
Find detailed analytics on FTNT stock on TipRanks’ Stock Analysis page.