Fortinet dropped 20% in the week to October 29, closing at $139.10, after its Q3 earnings print triggered the sharpest target-price cuts the stock has seen in recent memory. The stock that had run 133% in 2026 gave back a large portion of those gains in a single session. Ten analyst firms cut their targets on October 29 alone. The scale of the analyst…
FTNT cost to borrow surges to 0.78%, up 138% in one week amid earnings volatility.
Key data as of 3 Nov 2026
FTNT cost to borrow surges to 0.78%, up 138% in one week amid earnings volatility.
2 Cost to Borrow updates in 30 days
Fortinet fell nearly 6% on Wednesday to $174.08, the sharpest single-session decline in months, even as close cybersecurity peers held flat or gained ground, a split that puts the valuation premium squarely on trial as…
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