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Fortinet (FTNT) Competitors

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$103.76 -0.45 (-0.43%)
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 investment? We will contrast the two companies based on the strength of their community ranking, profitability, institutional ownership, analyst recommendations, risk, valuation, earnings, dividends and media sentiment.

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 93 more articles in the media than Fortinet. MarketBeat recorded 139 mentions for ServiceNow and 46 mentions for Fortinet. Fortinet's average media sentiment score of 1.00 beat ServiceNow's score of 0.58 indicating that Fortinet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
50 Very Positive mention(s)
28 Positive mention(s)
19 Neutral mention(s)
7 Negative mention(s)
12 Very Negative mention(s)
Positive
Fortinet
25 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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$11.47B17.24$1.43B$7.36129.76
Fortinet$5.96B13.40$1.75B$2.2645.91

87.2% of ServiceNow shares are owned by institutional investors. Comparatively, 83.7% of Fortinet shares are owned by institutional investors. 0.4% of ServiceNow shares are owned by company insiders. Comparatively, 18.0% of Fortinet shares are owned by company 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 currently has a consensus target price of $1,032.94, indicating a potential upside of 8.16%. Fortinet has a consensus target price of $104.77, indicating a potential upside of 0.98%. Given ServiceNow's stronger consensus rating and higher probable upside, analysts clearly believe ServiceNow is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ServiceNow
1 Sell rating(s)
3 Hold rating(s)
29 Buy rating(s)
0 Strong Buy rating(s)
2.85
Fortinet
1 Sell rating(s)
20 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.41

ServiceNow has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500.

ServiceNow received 108 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 75.33% of users gave ServiceNow an outperform vote while only 65.72% of users gave Fortinet an outperform vote.

CompanyUnderperformOutperform
ServiceNowOutperform Votes
1423
75.33%
Underperform Votes
466
24.67%
FortinetOutperform Votes
1315
65.72%
Underperform Votes
686
34.28%

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$79.79B$12.93B$23.05B$7.82B
Dividend YieldN/A5.29%2.98%4.22%
P/E Ratio45.9123.7442.1318.48
Price / Sales13.403.482,076.99103.91
Price / Cash44.1128.3234.7234.62
Price / Book53.215.876.134.25
Net Income$1.75B$188.53M$738.82M$248.23M
7 Day Performance6.94%5.25%3.57%3.29%
1 Month Performance7.41%-1.43%2.07%2.42%
1 Year Performance64.23%-9.62%52,586.99%5.54%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
4.4167 of 5 stars
$103.76
-0.4%
$104.77
+1.0%
+62.1%$79.79B$5.96B45.9112,600Upcoming Earnings
Gap Down
NOW
ServiceNow
4.2575 of 5 stars
$929.34
-1.7%
$1,032.94
+11.1%
+30.6%$192.55B$11.47B136.1920,400Earnings Report
Insider Trade
Analyst Revision
AXON
Axon Enterprise
2.2462 of 5 stars
$596.14
-1.3%
$626.45
+5.1%
+95.1%$46.41B$2.08B154.042,150Upcoming Earnings
Positive News
Gap Down
CVLT
Commvault Systems
4.0777 of 5 stars
$164.16
-0.8%
$158.00
-3.8%
+69.7%$7.22B$943.87M43.082,850Earnings Report
Analyst Forecast
News Coverage
QLYS
Qualys
2.8084 of 5 stars
$125.36
-1.1%
$140.53
+12.1%
-23.7%$4.57B$607.57M26.962,140Upcoming Earnings
Analyst Forecast
News Coverage
Positive News
AI
C3.ai
4.1146 of 5 stars
$22.21
-1.7%
$29.58
+33.2%
-2.6%$2.95B$366.92M-10.05700
PRGS
Progress Software
4.0068 of 5 stars
$58.69
-0.7%
$74.33
+26.7%
+19.3%$2.52B$806.74M37.602,070Positive News
MSFT
Microsoft
4.6609 of 5 stars
$388.62
-0.8%
$493.89
+27.1%
-2.0%$2.88T$261.80B31.23221,000Earnings Report
Positive News
ORCL
Oracle
4.6461 of 5 stars
$138.72
+0.2%
$174.42
+25.7%
+20.8%$388.12B$55.78B33.93143,000
PANW
Palo Alto Networks
3.8967 of 5 stars
$179.91
+0.5%
$203.06
+12.9%
+27.2%$118.93B$8.57B101.2012,600Positive News
LOGI
Logitech International
3.7383 of 5 stars
$78.01
+0.3%
$88.43
+13.4%
-1.5%$12.33B$4.56B18.308,200Earnings Report
News Coverage

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This page (NASDAQ:FTNT) was last updated on 4/30/2025 by MarketBeat.com Staff
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