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Fortinet (FTNT) Competitors

$59.45
-1.90 (-3.10%)
(As of 05/28/2024 ET)

FTNT vs. ZS, JNPR, PFPT, FFIV, CRWD, NOW, AXON, QLYS, CVLT, and AI

Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Zscaler (ZS), Juniper Networks (JNPR), Proofpoint (PFPT), F5 (FFIV), CrowdStrike (CRWD), ServiceNow (NOW), Axon Enterprise (AXON), Qualys (QLYS), Commvault Systems (CVLT), and C3.ai (AI).

Fortinet vs.

Fortinet (NASDAQ:FTNT) and Zscaler (NASDAQ:ZS) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, valuation, media sentiment, analyst recommendations, community ranking, institutional ownership and dividends.

Fortinet received 815 more outperform votes than Zscaler when rated by MarketBeat users. Likewise, 67.07% of users gave Fortinet an outperform vote while only 59.38% of users gave Zscaler an outperform vote.

CompanyUnderperformOutperform
FortinetOutperform Votes
1271
67.07%
Underperform Votes
624
32.93%
ZscalerOutperform Votes
456
59.38%
Underperform Votes
312
40.63%

83.7% of Fortinet shares are owned by institutional investors. Comparatively, 46.5% of Zscaler shares are owned by institutional investors. 18.0% of Fortinet shares are owned by company insiders. Comparatively, 19.2% of Zscaler shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Fortinet presently has a consensus price target of $70.10, indicating a potential upside of 16.54%. Zscaler has a consensus price target of $227.29, indicating a potential upside of 35.94%. Given Zscaler's stronger consensus rating and higher probable upside, analysts clearly believe Zscaler is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortinet
2 Sell rating(s)
20 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.25
Zscaler
0 Sell rating(s)
7 Hold rating(s)
26 Buy rating(s)
1 Strong Buy rating(s)
2.82

Fortinet has a net margin of 22.23% compared to Zscaler's net margin of -7.32%. Zscaler's return on equity of -14.60% beat Fortinet's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortinet22.23% -2,235.48% 15.38%
Zscaler -7.32%-14.60%-3.14%

Fortinet has higher revenue and earnings than Zscaler. Zscaler is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortinet$5.30B8.61$1.15B$1.5339.10
Zscaler$1.62B15.39-$202.34M-$0.95-174.79

Fortinet has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, Zscaler has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500.

In the previous week, Fortinet had 1 more articles in the media than Zscaler. MarketBeat recorded 23 mentions for Fortinet and 22 mentions for Zscaler. Fortinet's average media sentiment score of 0.83 beat Zscaler's score of 0.26 indicating that Fortinet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
12 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Zscaler
7 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Fortinet beats Zscaler on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FTNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FTNT vs. The Competition

MetricFortinetComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$45.70B$11.22B$20.69B$8.08B
Dividend YieldN/A4.54%2.72%3.96%
P/E Ratio39.1017.10228.3815.01
Price / Sales8.613.40539.3172.77
Price / Cash31.2620.3729.0928.77
Price / Book-99.705.277.034.39
Net Income$1.15B$108.82M$612.84M$213.15M
7 Day Performance-2.43%1.19%-0.35%-0.80%
1 Month Performance-6.79%-1.61%3.21%3.27%
1 Year Performance-11.73%-1.91%28.21%7.56%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZS
Zscaler
4.3687 of 5 stars
$171.64
-0.2%
$230.76
+34.4%
+31.4%$25.73B$1.62B-180.675,962Upcoming Earnings
Analyst Forecast
JNPR
Juniper Networks
4.4286 of 5 stars
$34.69
+0.3%
$34.55
-0.4%
+13.7%$11.27B$5.56B50.283,374Analyst Forecast
PFPT
Proofpoint
0 of 5 stars
$175.90
flat
N/A+0.0%$10.16B$1.05B-61.293,658Analyst Forecast
FFIV
F5
4.0351 of 5 stars
$169.90
0.0%
$185.10
+8.9%
+14.6%$9.96B$2.81B20.356,524Short Interest ↑
Positive News
CRWD
CrowdStrike
4.4783 of 5 stars
$351.47
+2.7%
$371.87
+5.8%
+128.0%$85.01B$3.06B976.337,925Upcoming Earnings
Analyst Forecast
Short Interest ↓
Gap Up
NOW
ServiceNow
4.692 of 5 stars
$738.51
-2.6%
$808.73
+9.5%
+37.4%$151.39B$8.97B78.9922,668Short Interest ↑
AXON
Axon Enterprise
3.5648 of 5 stars
$285.63
+2.0%
$335.27
+17.4%
+46.5%$21.56B$1.56B83.524,260Positive News
QLYS
Qualys
3.0289 of 5 stars
$146.48
+0.2%
$162.23
+10.8%
+15.5%$5.41B$554.46M33.912,188
CVLT
Commvault Systems
3.2101 of 5 stars
$110.60
0.0%
$119.40
+8.0%
+59.2%$4.80B$839.25M29.412,882
AI
C3.ai
3.009 of 5 stars
$24.04
+0.4%
$31.50
+31.0%
-27.0%$2.93B$266.80M-10.32914Upcoming Earnings

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This page (NASDAQ:FTNT) was last updated on 5/28/2024 by MarketBeat.com Staff

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