Axon Enterprise (AXON) Competitors

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

Do analysts prefer AXON or FTNT?

Axon Enterprise presently has a consensus price target of $504.92, suggesting a potential downside of 14.98%. Fortinet has a consensus price target of $95.16, suggesting a potential upside of 0.99%. Given Fortinet's higher probable upside, analysts plainly believe Fortinet is more favorable than Axon Enterprise.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Axon Enterprise	0 Sell rating(s)	0 Hold rating(s)	14 Buy rating(s)	0 Strong Buy rating(s)	3.00
Fortinet	1 Sell rating(s)	18 Hold rating(s)	13 Buy rating(s)	1 Strong Buy rating(s)	2.42

Is AXON or FTNT more profitable?

Fortinet has a net margin of 26.79% compared to Axon Enterprise's net margin of 15.37%. Fortinet's return on equity of 973.30% beat Axon Enterprise's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Axon Enterprise	15.37%	7.50%	3.78%
Fortinet	26.79%	973.30%	18.21%

Does the MarketBeat Community believe in AXON or FTNT?

Fortinet received 851 more outperform votes than Axon Enterprise when rated by MarketBeat users. Likewise, 66.14% of users gave Fortinet an outperform vote while only 65.14% of users gave Axon Enterprise an outperform vote.

Company	Underperform	Outperform
Axon Enterprise	Outperform Votes 454 65.14%	Underperform Votes 243 34.86%
Fortinet	Outperform Votes 1305 66.14%	Underperform Votes 668 33.86%

Do insiders and institutionals have more ownership in AXON or FTNT?

79.1% of Axon Enterprise shares are held by institutional investors. Comparatively, 83.7% of Fortinet shares are held by institutional investors. 5.7% of Axon Enterprise 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, endowments and hedge funds believe a company will outperform the market over the long term.

Which has more volatility & risk, AXON or FTNT?

Axon Enterprise has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.

Which has preferable earnings & valuation, AXON or FTNT?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Axon Enterprise	$1.56B	28.97	$174.23M	$3.87	153.46
Fortinet	$5.30B	13.61	$1.15B	$1.98	47.59

Does the media prefer AXON or FTNT?

In the previous week, Fortinet had 10 more articles in the media than Axon Enterprise. MarketBeat recorded 37 mentions for Fortinet and 27 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 1.00 beat Fortinet's score of 0.87 indicating that Axon Enterprise is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Axon Enterprise	19 Very Positive mention(s)	3 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Fortinet	21 Very Positive mention(s)	2 Positive mention(s)	5 Neutral mention(s)	3 Negative mention(s)	0 Very Negative mention(s)	Positive

Summary

Fortinet beats Axon Enterprise on 12 of the 19 factors compared between the two stocks.