10 Most Oversold AI Stocks to Buy Now

4. Fortinet, Inc. (NASDAQ:FTNT)          

Relative Strength Index (RSI): 33.41

Number of Hedge Fund Holders: 62

Fortinet, Inc. (NASDAQ:FTNT) is included in our list of the 10 Most Oversold AI Stocks to Buy Now.

On August 15, 2025, Cantor Fitzgerald maintained its ‘Neutral’ rating on Fortinet, Inc. (NASDAQ:FTNT) with an $87 price target. This follows the company’s strong second-quarter results. During the quarter, large enterprise demand fueled growth in product sales and billings. However, subscription revenue slowed in Q2, accompanied by a reduction in services guidance.

Furthermore, Cantor Fitzgerald highlighted Fortinet, Inc. (NASDAQ:FTNT)’s 2026 product refresh cycle, which is already 40-50% complete. This supports the short-term upgrade demand for the company. While the analyst highlighted momentum in the company’s SecOps and SASE segments, challenges in converting service revenue and in zero-trust adoption were also noted.

Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, develops and markets security solutions like firewalls, endpoint security, and intrusion detection systems. It is included in our list of the most oversold stocks.