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Fortinet (FTNT) Competitors

$59.32
+1.32 (+2.28%)
(As of 05/31/2024 ET)

FTNT vs. ZS, CRWD, JNPR, PFPT, FFIV, NOW, AXON, QLYS, CVLT, and AI

Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include Zscaler (ZS), CrowdStrike (CRWD), Juniper Networks (JNPR), Proofpoint (PFPT), F5 (FFIV), ServiceNow (NOW), Axon Enterprise (AXON), Qualys (QLYS), Commvault Systems (CVLT), and C3.ai (AI).

Fortinet vs.

Zscaler (NASDAQ:ZS) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, community ranking, dividends, media sentiment, institutional ownership, profitability, valuation and earnings.

46.5% of Zscaler shares are held by institutional investors. Comparatively, 83.7% of Fortinet shares are held by institutional investors. 19.2% of Zscaler shares are held by insiders. Comparatively, 18.0% of Fortinet shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Zscaler has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500.

Zscaler presently has a consensus target price of $223.85, indicating a potential upside of 31.71%. Fortinet has a consensus target price of $70.10, indicating a potential upside of 18.17%. Given Fortinet's stronger consensus rating and higher probable upside, equities analysts clearly believe Zscaler is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zscaler
0 Sell rating(s)
7 Hold rating(s)
26 Buy rating(s)
1 Strong Buy rating(s)
2.82
Fortinet
2 Sell rating(s)
20 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Zscaler had 44 more articles in the media than Fortinet. MarketBeat recorded 64 mentions for Zscaler and 20 mentions for Fortinet. Zscaler's average media sentiment score of 0.88 beat Fortinet's score of 0.34 indicating that Fortinet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Zscaler
12 Very Positive mention(s)
10 Positive mention(s)
12 Neutral mention(s)
8 Negative mention(s)
0 Very Negative mention(s)
Neutral
Fortinet
10 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortinet has higher revenue and earnings than Zscaler. Zscaler is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zscaler$1.62B15.76-$202.34M-$0.51-333.25
Fortinet$5.30B8.54$1.15B$1.5338.77

Fortinet has a net margin of 22.23% compared to Fortinet's net margin of -3.62%. Fortinet's return on equity of -6.31% beat Zscaler's return on equity.

Company Net Margins Return on Equity Return on Assets
Zscaler-3.62% -6.31% -1.41%
Fortinet 22.23%-2,235.48%15.38%

Fortinet received 803 more outperform votes than Zscaler when rated by MarketBeat users. Likewise, 67.07% of users gave Fortinet an outperform vote while only 59.77% of users gave Zscaler an outperform vote.

CompanyUnderperformOutperform
ZscalerOutperform Votes
468
59.77%
Underperform Votes
315
40.23%
FortinetOutperform Votes
1271
67.07%
Underperform Votes
624
32.93%

Summary

Fortinet beats Zscaler on 11 of the 19 factors compared between the two stocks.

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

MetricFortinetComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$45.32B$10.85B$21.35B$7.96B
Dividend YieldN/A4.60%2.69%4.01%
P/E Ratio38.7721.87234.7118.05
Price / Sales8.542.94538.1691.71
Price / Cash29.5519.6730.6231.51
Price / Book-329.563.066.484.59
Net Income$1.15B$108.82M$628.06M$213.90M
7 Day Performance-3.31%0.37%-0.68%0.87%
1 Month Performance-6.63%-0.71%2.84%3.60%
1 Year Performance-13.58%0.53%27.48%7.91%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZS
Zscaler
4.3881 of 5 stars
$169.96
+8.5%
$223.85
+31.7%
+25.8%$23.48B$1.62B-333.255,962Analyst Forecast
News Coverage
Gap Up
High Trading Volume
CRWD
CrowdStrike
4.8245 of 5 stars
$313.67
-0.7%
$373.95
+19.2%
+99.1%$75.87B$3.06B871.337,925Upcoming Earnings
Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
JNPR
Juniper Networks
4.3604 of 5 stars
$35.70
+1.6%
$34.55
-3.2%
+16.8%$11.60B$5.56B51.743,374Positive News
High Trading Volume
PFPT
Proofpoint
0 of 5 stars
$175.90
flat
N/A+0.0%$10.16B$1.05B-61.293,658
FFIV
F5
3.8991 of 5 stars
$168.97
+1.0%
$185.10
+9.5%
+15.5%$9.90B$2.81B20.246,524Short Interest ↑
Positive News
High Trading Volume
NOW
ServiceNow
4.7659 of 5 stars
$656.92
+2.1%
$814.48
+24.0%
+21.0%$131.87B$8.97B70.2622,668Insider Selling
Short Interest ↑
Analyst Revision
High Trading Volume
AXON
Axon Enterprise
3.6693 of 5 stars
$281.67
0.0%
$335.27
+19.0%
+46.6%$21.26B$1.56B82.364,260Insider Selling
QLYS
Qualys
2.624 of 5 stars
$140.62
+0.8%
$162.23
+15.4%
+10.9%$5.15B$554.46M32.552,188Insider Selling
CVLT
Commvault Systems
4.0499 of 5 stars
$107.59
-1.1%
$119.40
+11.0%
+54.4%$4.67B$839.25M28.612,882Insider Selling
AI
C3.ai
2.5414 of 5 stars
$29.57
+3.5%
$31.30
+5.9%
-14.8%$3.61B$310.58M-12.64914Analyst Forecast
Options Volume
News Coverage
High Trading Volume

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This page (NASDAQ:FTNT) was last updated on 6/2/2024 by MarketBeat.com Staff

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