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Fortinet (FTNT) Competitors

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$102.08 -2.86 (-2.73%)
Closing price 06/9/2025 04:00 PM Eastern
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$102.33 +0.25 (+0.24%)
As of 04:32 AM Eastern
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FTNT vs. NOW, AXON, CVLT, QLYS, AI, PRGS, MSFT, ORCL, PANW, and LOGI

Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include ServiceNow (NOW), Axon Enterprise (AXON), Commvault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Progress Software (PRGS), Microsoft (MSFT), Oracle (ORCL), Palo Alto Networks (PANW), and Logitech International (LOGI).

Fortinet vs.

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

ServiceNow has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500.

ServiceNow received 115 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 75.30% of users gave ServiceNow an outperform vote while only 65.47% of users gave Fortinet an outperform vote.

CompanyUnderperformOutperform
ServiceNowOutperform Votes
1433
75.30%
Underperform Votes
470
24.70%
FortinetOutperform Votes
1318
65.47%
Underperform Votes
695
34.53%

87.2% of ServiceNow shares are held by institutional investors. Comparatively, 83.7% of Fortinet shares are held by institutional investors. 0.4% of ServiceNow shares are held by insiders. Comparatively, 17.2% of Fortinet shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

ServiceNow presently has a consensus price target of $1,062.50, suggesting a potential upside of 3.45%. Fortinet has a consensus price target of $104.80, suggesting a potential upside of 2.66%. Given ServiceNow's stronger consensus rating and higher probable upside, equities analysts plainly believe ServiceNow is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ServiceNow
1 Sell rating(s)
2 Hold rating(s)
29 Buy rating(s)
1 Strong Buy rating(s)
2.91
Fortinet
1 Sell rating(s)
20 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.41

Fortinet has a net margin of 29.30% compared to ServiceNow's net margin of 12.97%. Fortinet's return on equity of 256.53% beat ServiceNow's return on equity.

Company Net Margins Return on Equity Return on Assets
ServiceNow12.97% 17.11% 8.18%
Fortinet 29.30%256.53%19.07%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ServiceNow$11.47B18.54$1.43B$7.36139.54
Fortinet$6.14B12.72$1.75B$2.4342.01

In the previous week, ServiceNow had 31 more articles in the media than Fortinet. MarketBeat recorded 65 mentions for ServiceNow and 34 mentions for Fortinet. Fortinet's average media sentiment score of 1.20 beat ServiceNow's score of 1.04 indicating that Fortinet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
49 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
3 Very Negative mention(s)
Positive
Fortinet
26 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

ServiceNow beats Fortinet on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$78.13B$14.24B$26.13B$8.63B
Dividend YieldN/A4.55%2.86%4.19%
P/E Ratio45.1728.5745.4620.15
Price / Sales12.723.571,994.89161.53
Price / Cash44.1128.3234.7734.64
Price / Book52.356.097.104.72
Net Income$1.75B$188.53M$742.16M$248.00M
7 Day Performance-0.78%1.06%2.97%3.45%
1 Month Performance4.78%4.40%7.28%10.07%
1 Year Performance69.88%2.05%52,402.68%14.70%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
4.6024 of 5 stars
$102.08
-2.7%
$104.80
+2.7%
+70.9%$78.13B$6.14B45.1712,600Positive News
NOW
ServiceNow
4.1478 of 5 stars
$1,012.59
+0.1%
$1,062.50
+4.9%
+47.0%$209.44B$11.47B148.1520,400Positive News
Analyst Downgrade
AXON
Axon Enterprise
0.9737 of 5 stars
$756.93
+0.9%
$652.73
-13.8%
+179.4%$58.93B$2.23B195.592,150Positive News
Options Volume
CVLT
Commvault Systems
4.4252 of 5 stars
$184.71
+0.9%
$175.25
-5.1%
+66.5%$8.15B$995.62M48.482,850
QLYS
Qualys
2.4879 of 5 stars
$139.81
+0.9%
$137.50
-1.7%
+4.2%$5.08B$621.67M30.052,140
AI
C3.ai
3.8696 of 5 stars
$25.15
-5.4%
$29.46
+17.1%
-13.8%$3.34B$389.06M-11.40700Gap Up
PRGS
Progress Software
3.9249 of 5 stars
$61.65
+0.1%
$74.33
+20.6%
+28.1%$2.65B$806.74M39.452,070Positive News
MSFT
Microsoft
4.5557 of 5 stars
$460.52
+0.0%
$513.13
+11.4%
+11.5%$3.42T$270.01B37.07221,000Trending News
ORCL
Oracle
4.5095 of 5 stars
$166.15
+0.4%
$174.42
+5.0%
+40.7%$463.65B$55.78B40.53143,000Trending News
Upcoming Earnings
Analyst Forecast
PANW
Palo Alto Networks
4.0696 of 5 stars
$193.81
+0.7%
$208.00
+7.3%
+30.1%$129.13B$8.87B109.1012,600Positive News
LOGI
Logitech International
3.1751 of 5 stars
$82.40
-0.4%
$84.29
+2.3%
-15.0%$13.03B$4.55B19.348,200

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This page (NASDAQ:FTNT) was last updated on 6/10/2025 by MarketBeat.com Staff
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