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Fortinet (FTNT, Systems Software) Stock Valuation & Fair Value Significantly overvalued

Fortinet (FTNT, Systems Software) trades at a blended P/E of 47.2, about 0% below its historical normal valuation, with a forward growth estimate of 13.0% and a PEG of 3.63. Analysts' one-year estimates have been hit 9% of the time.

DATA AS OF 2026-08-21
Blended P/E
47.2
Normal P/E
47.5
PEG
3.63
Fwd growth
13.0%
Div yield
0.0%
RSI (14)
42.3
Neutral

The Street vs SeerForecast

Wall Street's mean price target for FTNT is $160.86 across 37 analysts, 4.8% above the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-06-03.

Price and rating by weekClose moved +9.2 percent from 2026-06-03 to 2026-08-17, with 0 rating changes over 21 recorded weeks.2026-06-03: Significantly overvalued, close 146.48 (recalculated)2026-06-10: Significantly overvalued, close 138.88 (recalculated)2026-06-14: Significantly overvalued, close 146.30 (recalculated)2026-06-16: Significantly overvalued, close 147.02 (recalculated)2026-06-21: Significantly overvalued, close 144.73 (recalculated)2026-07-02: Significantly overvalued, close 156.25 (recalculated)2026-07-06: Significantly overvalued, close 162.35 (recalculated)2026-07-09: Significantly overvalued, close 163.73 (recalculated)2026-07-12: Significantly overvalued, close 157.51 (recalculated)2026-07-13: Significantly overvalued, close 160.62 (recalculated)2026-07-14: Significantly overvalued, close 166.83 (recalculated)2026-07-20: Significantly overvalued, close 160.36 (recalculated)2026-07-22: Significantly overvalued, close 155.05 (recalculated)2026-07-25: Significantly overvalued, close 152.37 (recalculated)2026-07-27: Significantly overvalued, close 152.38 (recalculated)2026-07-31: Significantly overvalued, close 161.95 (recalculated)2026-08-03: Significantly overvalued, close 161.952026-08-07: Significantly overvalued, close 159.64 (recalculated)2026-08-10: Significantly overvalued, close 159.642026-08-14: Significantly overvalued, close 160.01 (recalculated)2026-08-17: Significantly overvalued, close 160.011461602026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 44.5-6%Significantly overvalued
2026-06-10P/E 49.5+4%Significantly overvalued
2026-06-14P/E 49.5+4%Significantly overvalued
2026-06-16P/E 49.5+4%Significantly overvalued
2026-06-21P/E 49.5+4%Significantly overvalued
2026-07-02P/E 53.9+14%Significantly overvalued
2026-07-06P/E 53.0+12%Significantly overvalued
2026-07-09P/E 53.0+12%Significantly overvalued
2026-07-12P/E 53.2+12%Significantly overvalued
2026-07-13P/E 53.2+12%Significantly overvalued
2026-07-14P/E 53.2+12%Significantly overvalued
2026-07-20P/E 54.5+15%Significantly overvalued
2026-07-22P/E 54.5+15%Significantly overvalued
2026-07-25P/E 51.2+8%Significantly overvalued
2026-07-27P/E 51.2+8%Significantly overvalued
2026-07-31P/E 48.9+3%Significantly overvalued
2026-08-03P/E 51.3+8%Significantly overvalued
2026-08-07P/E 50.6+7%Significantly overvalued
2026-08-10P/E 50.4+6%Significantly overvalued
2026-08-14P/E 52.0+10%Significantly overvalued
2026-08-17P/E 50.3+6%Significantly overvalued
2026-08-21P/E 47.2-0%Significantly overvalued ← now

Frequently asked questions

Is Fortinet stock overvalued?

At a blended P/E of 47.2 versus its historical normal P/E of 47.5, Fortinet trades about 0% below its typical valuation, with a PEG of 3.63 on 13.0% forward growth. tickerseer currently rates it significantly overvalued.

What is Fortinet's fair value and PEG?

Fortinet trades at a blended P/E of 47.2 against a historical normal P/E of 47.5, a PEG of 3.63, and a forward growth estimate of 13.0%.

Has tickerseer's rating of Fortinet changed?

tickerseer's rating has been significantly overvalued since 2026-06-03.

What is the analyst price target for Fortinet?

The mean Wall Street price target for Fortinet is $160.86 across 37 analysts, 4.8% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Systems Software. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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