These Analysts Slash Their Forecasts On Fortinet After Q3 Results

Fortinet Inc. (NASDAQ:FTNT) on Wednesday posted better-than-expected third-quarter fiscal 2026 results.

Benzinga • 9 hours ago

This Cybersecurity Stock Just Had Its Worst Day in Years. Is It a Buying Opportunity?

Fortinet's revenue grew 20%, and billings rose 29% in the third quarter. The company lowered its full-year services revenue forecast even as it raised its overall outlook.

The Motley Fool • 2 hours ago

Why Fortinet Stock Plunged More Than 20% Today

Fortinet delivered strong third-quarter numbers and raised its guidance. One number, however, spooked investors and sent the stock crashing.

The Motley Fool • 2 hours ago

Fortinet's Q3 Earnings Showed Cracks In The Bull Case, Stock Is A Hold

Fortinet (FTNT) reported strong Q3 revenue and operating income growth, but shares crashed 25% post-earnings due to concerns over slowing growth. FTNT's business model relies on hardware sales driving future high-margin services revenue, but recent service revenue deceleration and product revenue slowdown raised red flags. Management cited supply constraints and longer deployment cycles for large deals as reasons for slower product and services growth, but acknowledged a shift toward hardware-heavy deals with sovereign and neocloud clients.

Seeking Alpha • 5 hours ago

Fortinet Q3 Earnings & Revenues Beat Estimates, Increase Y/Y

FTNT beats Q3 earnings and revenue estimates as AI security demand drives growth, margins hit records and 2026 guidance rises.

Zacks Investment Research • 5 hours ago

First F5, Now Fortinet: Wall Street Has Stopped Paying Security Stocks for Beating Earnings

Fortinet (NASDAQ:FTNT | FTNT Price Prediction) beat Wall Street on earnings and revenue after the close on October 28, 2026 and raised its full-year revenue outlook. Shares then fell 26% in premarket trading on October 29, 2026.

24/7 Wall Street • 10 hours ago

Fortinet Tumbles 20% as Service Revenue Forecast Cut Overshadows Beat; Palo Alto Drops 5%, CrowdStrike Falls 4%

A lowered service revenue forecast is overshadowing an earnings beat and a higher billings outlook at Fortinet (NASDAQ:FTNT | FTNT Price Prediction), and the selloff after a big run is pulling the rest of cybersecurity down with it.

24/7 Wall Street • 7 hours ago

Software Stocks Are Getting Crushed Again After Hours

Fortinet and ServiceNow both beat revenue estimates after the close, and both stocks cratered anyway, dragging dozens of other software names down with them in what has become a troubling pattern for the sector in 2026.

24/7 Wall Street • 10 hours ago

Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectations

Shares of software companies tumbled in premarket trading on Thursday following disappointing results from Fortinet and ServiceNow, deepening worries about AI disruption ​that has plagued the sector.

Reuters • 11 hours ago

Fortinet Stock Sinks. Analysts Say a Key Revenue Driver May Have Peaked.

Fortinet reports better-than-expected third-quarter earnings. But red flags are emerging.

Barrons • 8 hours ago