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Fortinet (FTNT) Competitors

Fortinet logo
$105.72 +2.61 (+2.53%)
As of 04:00 PM Eastern

FTNT vs. NOW, AXON, CVLT, QLYS, AI, PRGS, MSFT, ORCL, PANW, and CRWD

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 CrowdStrike (CRWD).

Fortinet vs. Its Competitors

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

ServiceNow has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500.

In the previous week, ServiceNow had 42 more articles in the media than Fortinet. MarketBeat recorded 73 mentions for ServiceNow and 31 mentions for Fortinet. ServiceNow's average media sentiment score of 1.32 beat Fortinet's score of 1.31 indicating that ServiceNow is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ServiceNow
57 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
24 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

ServiceNow currently has a consensus price target of $1,065.32, suggesting a potential upside of 3.77%. Fortinet has a consensus price target of $105.62, suggesting a potential upside of 0.04%. Given ServiceNow's stronger consensus rating and higher probable upside, equities 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)
2 Hold rating(s)
30 Buy rating(s)
2 Strong Buy rating(s)
2.94
Fortinet
1 Sell rating(s)
20 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.41

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$10.98B19.35$1.43B$7.36139.49
Fortinet$5.96B13.57$1.75B$2.4343.45

Fortinet has a net margin of 30.60% compared to ServiceNow's net margin of 13.41%. Fortinet's return on equity of 148.79% beat ServiceNow's return on equity.

Company Net Margins Return on Equity Return on Assets
ServiceNow13.41% 17.34% 8.38%
Fortinet 30.60%148.79%18.67%

Summary

ServiceNow beats Fortinet on 10 of the 16 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 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

MetricFortinetSecurity IndustryComputer SectorNASDAQ Exchange
Market Cap$80.81B$47.08B$27.25B$8.91B
Dividend YieldN/AN/A2.94%4.15%
P/E Ratio43.4575.3135.8519.72
Price / Sales13.5714.372,192.94108.17
Price / Cash39.82184.6333.8927.49
Price / Book54.1420.207.045.42
Net Income$1.75B$481.55M$762.33M$248.34M
7 Day Performance2.36%1.72%3.32%2.44%
1 Month Performance3.49%4.71%6.29%4.84%
1 Year Performance75.18%27.21%52,327.09%17.54%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
4.2229 of 5 stars
$105.72
+2.5%
$105.62
-0.1%
+71.1%$80.92B$5.96B43.5112,600Positive News
Analyst Downgrade
NOW
ServiceNow
4.4149 of 5 stars
$980.94
+1.0%
$1,062.50
+8.3%
+30.1%$202.84B$10.98B133.1526,293Analyst Upgrade
Analyst Revision
Gap Down
AXON
Axon Enterprise
1.1941 of 5 stars
$778.91
+0.2%
$699.55
-10.2%
+178.2%$60.64B$2.08B188.144,970Gap Down
CVLT
CommVault Systems
4.4748 of 5 stars
$171.39
+0.5%
$175.25
+2.3%
+43.4%$7.55B$995.62M101.303,300
QLYS
Qualys
1.6963 of 5 stars
$139.67
+2.9%
$137.50
-1.6%
-1.1%$5.07B$607.57M28.562,400
AI
C3.ai
3.8075 of 5 stars
$23.47
-0.6%
$29.46
+25.6%
-16.1%$3.12B$389.06M-10.48700Options Volume
Gap Down
PRGS
Progress Software
4.0534 of 5 stars
$63.02
+0.7%
$74.33
+18.0%
+17.5%$2.71B$753.41M48.832,815Positive News
Analyst Forecast
MSFT
Microsoft
4.6677 of 5 stars
$487.39
+2.1%
$515.68
+5.8%
+11.0%$3.62T$245.12B37.63228,000Trending News
Analyst Downgrade
ORCL
Oracle
4.4829 of 5 stars
$205.33
+0.1%
$196.74
-4.2%
+48.8%$576.96B$57.40B47.33162,000Trending News
Analyst Upgrade
Gap Up
PANW
Palo Alto Networks
4.4588 of 5 stars
$203.54
+2.2%
$208.00
+2.2%
+18.3%$135.75B$8.03B116.3315,289Positive News
CRWD
CrowdStrike
4.5087 of 5 stars
$493.81
+3.7%
$453.17
-8.2%
+30.3%$122.87B$4.14B-714.4310,118Positive News
Insider Trade

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This page (NASDAQ:FTNT) was last updated on 6/30/2025 by MarketBeat.com Staff
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