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Shares of Fortinet, Inc. have lagged behind the broader market over the past 52 weeks.
Fortinet's Q4 2025 billings grew 18% to $2.37 billion, with Unified SASE billings up 40%.
KEY POINTS
- For 2026, Fortinet guided revenue up to $7.7 billion and billings up to $8.6 billion.
- Fortinet exceeded the 'Rule of 45' for the sixth consecutive year, highlighting strong financial performance.
- Analyst Ellie Kearney upgraded Fortinet to 'Buy' with a $104 price target on April 27.
- Fortinet's mean analyst price target of $88.15 is just 2.8% above its current price.
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