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Fortinet (FTNT) Competitors

Fortinet logo
$104.79 +0.04 (+0.04%)
As of 04:00 PM Eastern

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 dividends, media sentiment, valuation, risk, earnings, profitability, institutional ownership, analyst recommendations and community ranking.

ServiceNow presently has a consensus price target of $1,062.50, suggesting a potential upside of 4.11%. Fortinet has a consensus price target of $104.80, suggesting a potential upside of 0.01%. Given ServiceNow's stronger consensus rating and higher probable upside, equities research 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%

In the previous week, ServiceNow had 41 more articles in the media than Fortinet. MarketBeat recorded 69 mentions for ServiceNow and 28 mentions for Fortinet. Fortinet's average media sentiment score of 1.27 beat ServiceNow's score of 1.11 indicating that Fortinet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
45 Very Positive mention(s)
8 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
25 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

ServiceNow received 115 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 75.37% of users gave ServiceNow an outperform vote while only 65.46% of users gave Fortinet an outperform vote.

CompanyUnderperformOutperform
ServiceNowOutperform Votes
1432
75.37%
Underperform Votes
468
24.63%
FortinetOutperform Votes
1317
65.46%
Underperform Votes
695
34.54%

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 will outperform the market over the long term.

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$11.47B18.42$1.43B$7.36138.66
Fortinet$6.14B13.06$1.75B$2.4343.12

ServiceNow has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.

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$80.21B$14.24B$25.50B$8.47B
Dividend YieldN/A4.23%2.89%4.11%
P/E Ratio46.3728.1245.2420.05
Price / Sales13.063.692,235.71119.51
Price / Cash44.1128.3234.7834.62
Price / Book53.746.176.784.61
Net Income$1.75B$188.53M$738.65M$248.10M
7 Day Performance-0.25%2.11%0.57%2.89%
1 Month Performance9.01%16.42%14.62%15.41%
1 Year Performance68.09%2.30%52,394.12%7.68%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
4.1914 of 5 stars
$104.79
+0.0%
$104.80
+0.0%
+70.5%$80.21B$6.14B46.3712,600Positive News
Analyst Upgrade
NOW
ServiceNow
4.128 of 5 stars
$1,014.46
+3.5%
$1,055.83
+4.1%
+34.1%$209.95B$11.47B148.5020,400Positive News
AXON
Axon Enterprise
1.9125 of 5 stars
$684.09
-0.1%
$640.91
-6.3%
+157.0%$53.26B$2.08B176.772,150Positive News
Insider Trade
CVLT
Commvault Systems
4.1235 of 5 stars
$176.41
+3.4%
$175.25
-0.7%
+60.1%$7.77B$995.62M46.222,850Positive News
QLYS
Qualys
1.7801 of 5 stars
$136.65
+3.3%
$137.50
+0.6%
-6.9%$4.95B$621.67M29.282,140Positive News
AI
C3.ai
4.2315 of 5 stars
$24.28
+3.9%
$29.58
+21.9%
-12.4%$3.22B$366.92M-10.99700Insider Trade
Gap Down
PRGS
Progress Software
4.0833 of 5 stars
$61.40
+0.8%
$74.33
+21.1%
+22.3%$2.65B$806.74M39.412,070Positive News
MSFT
Microsoft
4.8783 of 5 stars
$447.29
+2.0%
$507.77
+13.5%
+9.2%$3.32T$270.01B36.01221,000Trending News
Insider Trade
ORCL
Oracle
4.487 of 5 stars
$156.68
+4.2%
$174.42
+11.3%
+29.1%$438.19B$55.78B38.30143,000Trending News
PANW
Palo Alto Networks
4.0065 of 5 stars
$192.59
+3.0%
$203.06
+5.4%
+22.3%$127.52B$8.57B108.5012,600News Coverage
Gap Down
LOGI
Logitech International
3.5579 of 5 stars
$85.92
+6.6%
$85.71
-0.2%
-3.8%$13.57B$4.55B20.148,200Positive News

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This page (NASDAQ:FTNT) was last updated on 5/20/2025 by MarketBeat.com Staff
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