FY2026 Earnings Estimate for Fortinet Issued By Scotiabank
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Scotiabank has raised its FY2026 earnings per share estimate for Fortinet (NASDAQ:FTNT) to $3.10 from $2.77, which is slightly above the current consensus of $3.07. This revision comes after Fortinet exceeded expectations in its latest quarter, reporting an EPS of $0.90 against an anticipated $0.75 and revenue of $2.05 billion versus $1.89 billion. Despite these positive indicators, Fortinet maintains a "Sector Perform" rating from Scotiabank with a $163 price target, while the overall analyst c
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