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Fortinet Inc.
Technology · Software - Infrastructure
Made on Jul 7, 2026
Price at call $162.35
6-month call Bear -10.8%
Target by Jan 2027 $144.79
Great value below $115.00
Model v0.3.0

Projection vs Actual (6M history + forecast)

Our straight 6-month prediction (bold) with a textured realism line, and the actual price overlaid from the prediction date forward.

Forecast

One directional 6-month call and the six monthly points we'll be scored against. Predicted Jul 7, 2026 5:12 am
Bear FTNT trends lower to $144.79 (-10.8% from $162.35) by Jan 2027.
Monthmonths after the call Datewhen it gets graded Predictedthe claim: closing price Current priceactual close — fills in over time Predicted returnpredicted vs $162.35 at call
Prediction made Jul 7, 2026 $162.35 at call
M1 Aug 7, 2026 $159.42 -1.8%
What actually happened: closed $160.11 on Aug 6, 2026 = -1.4% vs the call (predicted -1.8%)  ·  direction HIT (called flat, was flat)  ·  off by 0.4 pp  ·  accuracy 10/10  ·  S&P +2.8% over the same window — beat it
M2 Sep 7, 2026 $156.50 -3.6%
M3 Oct 7, 2026 $153.57 -5.4%
M4 Nov 7, 2026 $150.64 -7.2%
M5 Dec 7, 2026 $147.72 -9.0%
M6 Jan 7, 2027 $144.79 -10.8%

Deserved value (DCF/composite) is $67.18; over 6 months we project closing only part-way to it (reach 18.5%). Value-only — see Not Yet Modeled below.

Weaknesses

0 blocking · 1 degraded · 0 notes — follow the chain top-down (cause → effect).
  • Degraded
    Valuation is extremely fragile — almost no scenarios support the current price
    upstream:valuation-synthesis

Equation Inputs

Everything feeding the v0.3.0 model — value anchors, the stock's own price behaviour, and the tunable knobs.

Value anchors (from deep analysis)

Price at call$162.35
Composite fair value$56.67
Signal-adjusted fair value$62.38
DCF fair value$55.29
Anchored-PE fair value$94.73
Buy-below (value lens)$115.00
Value net score-77
Value confidence6 / 10
Quality net score+100
Memo confidence8 / 10
Deserved value (base)$55.98
Quality tilt+20%
Deserved value (used)$67.18
Coherence (value × quality)0.50

Price behaviour (trailing — shapes the realism line)

Realized volatility (annualized) 1m 36.3%  3m 52.7%  6m 45.4%  
Daily σ (realism noise)3.3%
Beta vs S&P 500 1m 1.13  3m 0.54  5m 0.84  
Trailing 6-month return104.4%

Knobs (equation params)

Deserved wt · DCF0.5
Quality tilt cap (±)0.2
Horizon reach (6mo)0.45
Coherence floor (conflict)0.5
Conviction gain / pt0.06
Realism mean-reversion φ0.85
Conviction floor0.4
Deserved wt · composite0.5
Realism vol window3m
Neutral band (%)5
Horizon (months)6
Realism σ fallback0.015

Version & Tech Chain

What produced this prediction — stamped on the record so versions can be compared by success rate later.
Model v0.3.0 #6bd904191719

Tech composition (what this version is built from)

#ProcessKindGroup
1 Synthesis valuation-synthesis deterministic final
2 Scenario Analysis scenario-valuation deterministic valuation
3 Valuation / Mispricing ext-lens-value llm extended
4 Company Quality ext-lens-quality llm extended
5 Forensic Memo (combiner) ext-forensic-memo llm extended
6 Classification company-classification llm foundation
7 Live Quote fmp-quote data market-data

Inputs used (the runs that fed this prediction)

Upstream processRanLagRun id
company-classification Apr 23, 2026 74d behind
ext-forensic-memo Jul 7, 2026 freshest ext-FTNT-20260707-045654-6f5c
ext-lens-quality Jul 7, 2026 freshest ext-FTNT-20260707-045654-6f5c
ext-lens-value Jul 7, 2026 freshest ext-FTNT-20260707-045654-6f5c
scenario-valuation Jul 7, 2026 freshest FTNT-20260707-030002-d04c
valuation-synthesis Jul 7, 2026 freshest FTNT-20260707-030002-d04c

Inputs flagged 7d+ behind the freshest one may be stale relative to the rest of the analysis.

Saved History

1 frozen snapshot — the record we score once predictions mature.
MadeModelCallAt callTargetExp.Eval due
Jul 7, 2026 v0.3.0 Bear $162.35 $144.79 -10.8% Jan 2027 viewing

Not Yet Modeled

What this v0.3.0 forecast deliberately ignores — the work ahead, in plain sight.
  • Signal-adjusted fair value ($62.38) — the red-flag-adjusted anchor isn't the primary input yet (we use the raw DCF/composite blend, which double-counts DCF).
  • Recent momentum / drift — the line takes off straight; the trailing 6-month move (104.4%) doesn't bend the slope.
  • Market beta — computed (1–5mo) for context but does not condition the path.
  • Earnings dates, catalysts, and known events — not modeled.
  • Macro regime & sector rotation — not modeled.
  • Horizon is a fixed 6-month assumption, not a modeled time-to-target.
  • Outcome scoring — predictions aren't yet graded against realized price once the evaluation date passes.