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.
Fortinet (NASDAQ:FTNT) and ServiceNow (NYSE:NOW) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, media sentiment, risk, valuation, community ranking, institutional ownership, profitability, dividends and analyst recommendations.
Fortinet has a net margin of 26.79% compared to ServiceNow's net margin of 12.77%. Fortinet's return on equity of 973.30% beat ServiceNow's return on equity.
In the previous week, ServiceNow had 2 more articles in the media than Fortinet. MarketBeat recorded 28 mentions for ServiceNow and 26 mentions for Fortinet. ServiceNow's average media sentiment score of 0.96 beat Fortinet's score of 0.76 indicating that ServiceNow is being referred to more favorably in the news media.
ServiceNow has higher revenue and earnings than Fortinet. Fortinet is trading at a lower price-to-earnings ratio than ServiceNow, indicating that it is currently the more affordable of the two stocks.
Fortinet currently has a consensus target price of $94.35, suggesting a potential upside of 2.19%. ServiceNow has a consensus target price of $1,071.39, suggesting a potential upside of 4.36%. Given ServiceNow's stronger consensus rating and higher probable upside, analysts clearly believe ServiceNow is more favorable than Fortinet.
83.7% of Fortinet shares are held by institutional investors. Comparatively, 87.2% of ServiceNow shares are held by institutional investors. 18.0% of Fortinet shares are held by insiders. Comparatively, 0.3% of ServiceNow shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
ServiceNow received 71 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 75.15% of users gave ServiceNow an outperform vote while only 66.18% of users gave Fortinet an outperform vote.
Fortinet has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.Comparatively, ServiceNow has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500.
Summary
ServiceNow beats Fortinet on 13 of the 18 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.
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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This page (NASDAQ:FTNT) was last updated on 1/14/2025 by MarketBeat.com Staff
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