Jefferies Sees Modest Q4 Beat for Fortinet (FTNT), Remains Cautious on 2026

Fortinet, Inc. (NASDAQ:FTNT) is one of the 10 AI Stocks Analysts Are Watching. On January 30, Jefferies analyst Joseph Gallo reiterated a Hold rating on the stock with an $80.00 price target. The firm anticipates a modest Q4 beat but will wait for clearer visibility into 2H26 momentum. The cybersecurity company is scheduled to report its fourth-quarter earnings on February 5. The research firm forecasts Fortinet to exceed consensus billings growth estimates of 12% year-over-year by an estimated 1-2%, driv ...