PANW vs. FTNT, SHOP, DELL, KLAC, ADI, SNPS, ANET, CDNS, RELX, and ABNB
Should you be buying Palo Alto Networks stock or one of its competitors? The main competitors of Palo Alto Networks include Fortinet (FTNT), Shopify (SHOP), Dell Technologies (DELL), KLA (KLAC), Analog Devices (ADI), Synopsys (SNPS), Arista Networks (ANET), Cadence Design Systems (CDNS), Relx (RELX), and Airbnb (ABNB). These companies are all part of the "computer and technology" sector.
Fortinet (NASDAQ:FTNT) and Palo Alto Networks (NASDAQ:PANW) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, valuation, earnings, institutional ownership, risk, analyst recommendations, profitability and community ranking.
Fortinet presently has a consensus target price of $72.19, suggesting a potential upside of 12.75%. Palo Alto Networks has a consensus target price of $314.82, suggesting a potential upside of 11.98%. Given Palo Alto Networks' higher probable upside, research analysts plainly believe Fortinet is more favorable than Palo Alto Networks.
Palo Alto Networks received 854 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 78.55% of users gave Palo Alto Networks an outperform vote while only 67.36% of users gave Fortinet an outperform vote.
83.7% of Fortinet shares are owned by institutional investors. Comparatively, 79.8% of Palo Alto Networks shares are owned by institutional investors. 17.5% of Fortinet shares are owned by insiders. Comparatively, 3.3% of Palo Alto Networks shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Fortinet has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500. Comparatively, Palo Alto Networks has a beta of 1.19, suggesting that its stock price is 19% more volatile than the S&P 500.
In the previous week, Palo Alto Networks had 15 more articles in the media than Fortinet. MarketBeat recorded 37 mentions for Palo Alto Networks and 22 mentions for Fortinet. Palo Alto Networks' average media sentiment score of 0.34 beat Fortinet's score of 0.31 indicating that Fortinet is being referred to more favorably in the media.
Palo Alto Networks has a net margin of 30.24% compared to Palo Alto Networks' net margin of 21.64%. Fortinet's return on equity of 36.58% beat Palo Alto Networks' return on equity.
Fortinet has higher earnings, but lower revenue than Palo Alto Networks. Palo Alto Networks is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.
Summary
Palo Alto Networks beats Fortinet on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PANW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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