Here's What Analysts Think About Fortinet (FTNT)

Fortinet, Inc. (NASDAQ:FTNT) is one of the best long term growth stocks to buy according to hedge funds. Fortinet, Inc. (NASDAQ:FTNT) received rating updates from RBC Capital and Piper Sandler on January 5. RBC Capital reiterated a Hold rating on the stock and set a price target of $85, while Piper Sandler lifted the price target on Fortinet, Inc. (NASDAQ:FTNT) to $90 from $85 but maintained a Neutral rating on the shares.

Piper told investors that 2025 was a tough year for its Security & Infrastructure Software coverage, since the average name reflected negative performance and only four names managed to outperform the NASDAQ. The firm exhibited cautious optimism for a better year in 2026, as several names entered the year with interesting valuation levels, well-structured to be longer-term GenAI winners. The firm believes in these trends despite monetization not yet occurring at scale at the software layer.

The two ratings came on the same day Fortinet, Inc. (NASDAQ:FTNT) announced that it would release its fiscal Q4 and full-year 2025 financial results on February 5.

Fortinet, Inc. (NASDAQ:FTNT) is a provider of cybersecurity solutions to a range of businesses, including government organizations, communication service providers, enterprises, and small to medium-sized businesses. The company’s portfolio includes secure access service edge, network security, application security, enterprise networking, and operational technology.

While we acknowledge the potential of FTNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.