Fortinet Lifts 2026 Revenue Growth Outlook to 20% After Strong Q3
FTNT sits 97% above its 52-week low of $73.55 on elevated volume (2.0× avg).
Summary
Fortinet raised its 2026 revenue growth guidance to 20% year over year and lifted its billings outlook after a strong Q3. Billings lead revenue and cash flow, so the higher billings target points to stronger demand ahead of Q4. The Q3 release itself was already out this afternoon with adjusted EPS of 91 cents; the guidance raise is the new piece. Q2 had already shown 26% revenue growth with margin expansion, so this is a second consecutive confirmation of momentum rather than a one-off. Watch Q4 results for the actual full-year metrics against these raised targets.
At the time of this announcement, FTNT was trading at $145.01 on NASDAQ in the Technology sector, with a market capitalization of approximately $127.7B. The 52-week trading range was $73.55 to $197.13. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.