Axon Enterprise (AXON) Competitors

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

Do analysts rate FTNT or AXON?

Fortinet presently has a consensus price target of $104.77, suggesting a potential upside of 3.92%. Axon Enterprise has a consensus price target of $626.45, suggesting a potential upside of 6.52%. Given Axon Enterprise's stronger consensus rating and higher possible upside, analysts clearly believe Axon Enterprise is more favorable than Fortinet.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortinet	1 Sell rating(s)	20 Hold rating(s)	11 Buy rating(s)	2 Strong Buy rating(s)	2.41
Axon Enterprise	1 Sell rating(s)	2 Hold rating(s)	9 Buy rating(s)	0 Strong Buy rating(s)	2.67

Which has higher valuation and earnings, FTNT or AXON?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fortinet	$5.96B	13.02	$1.75B	$2.26	44.61
Axon Enterprise	$2.08B	21.98	$174.23M	$4.79	122.78

Does the media prefer FTNT or AXON?

In the previous week, Fortinet had 6 more articles in the media than Axon Enterprise. MarketBeat recorded 47 mentions for Fortinet and 41 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 1.07 beat Fortinet's score of 1.00 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Fortinet	24 Very Positive mention(s)	6 Positive mention(s)	7 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Axon Enterprise	26 Very Positive mention(s)	3 Positive mention(s)	10 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Does the MarketBeat Community believe in FTNT or AXON?

Fortinet received 856 more outperform votes than Axon Enterprise when rated by MarketBeat users. Likewise, 65.72% of users gave Fortinet an outperform vote while only 64.92% of users gave Axon Enterprise an outperform vote.

Company	Underperform	Outperform
Fortinet	Outperform Votes 1315 65.72%	Underperform Votes 686 34.28%
Axon Enterprise	Outperform Votes 459 64.92%	Underperform Votes 248 35.08%

Do insiders & institutionals believe in FTNT or AXON?

83.7% of Fortinet shares are owned by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are owned by institutional investors. 18.0% of Fortinet shares are owned by insiders. Comparatively, 6.1% of Axon Enterprise shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Which has more volatility and risk, FTNT or AXON?

Fortinet has a beta of 1.09, indicating that its share price is 9% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 1.13, indicating that its share price is 13% more volatile than the S&P 500.

Is FTNT or AXON more profitable?

Fortinet has a net margin of 29.30% compared to Axon Enterprise's net margin of 15.37%. Fortinet's return on equity of 256.53% beat Axon Enterprise's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Fortinet	29.30%	256.53%	19.07%
Axon Enterprise	15.37%	7.50%	3.78%

Summary

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