
$FTNT is taking a brutal hit — Fortinet shares are down 22% after an earnings report that, paradoxically, beat estimates, raised guidance, and boosted share repurchases. X user @traderstewie (462.8K followers) captured the irony perfectly: despite strong fundamentals, the stock cratered over 26% in after-hours. He managed to catch a quick +7% bounce from the gap-down open, exiting at $138.10 — but notes the stock remains on his watchlist for a potential pullback trade. Network Consensus Forecast: Analysts lean cautious (3 Buy / 30 Hold / 1 Sell), target price $167.47. AI targets: 1-month $156.43, 3-month $200.11. Technicals show bearish RSI and MACD, with a flat-to-upward trend.
