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Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$575.25 +2.73 (+0.48%)
As of 02:08 PM Eastern

AXON vs. FTNT, CVLT, QLYS, AI, PRGS, MSFT, ORCL, NOW, GEAR, and RGR

Should you be buying Axon Enterprise stock or one of its competitors? The main competitors of Axon Enterprise include Fortinet (FTNT), Commvault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Progress Software (PRGS), Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), Revelyst (GEAR), and Sturm, Ruger & Company, Inc. (RGR).

Axon Enterprise vs.

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

In the previous week, Fortinet had 4 more articles in the media than Axon Enterprise. MarketBeat recorded 38 mentions for Fortinet and 34 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 1.33 beat Fortinet's score of 0.98 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
30 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
28 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

79.1% of Axon Enterprise shares are held by institutional investors. Comparatively, 83.7% of Fortinet shares are held by institutional investors. 6.1% of Axon Enterprise shares are held by company insiders. Comparatively, 18.0% of Fortinet shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Axon Enterprise currently has a consensus price target of $604.67, indicating a potential upside of 4.75%. Fortinet has a consensus price target of $105.69, indicating a potential upside of 4.02%. Given Axon Enterprise's stronger consensus rating and higher probable upside, analysts plainly believe Axon Enterprise is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axon Enterprise
1 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.71
Fortinet
1 Sell rating(s)
19 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.38

Fortinet has a net margin of 29.30% compared to Axon Enterprise's net margin of 15.37%. Fortinet's return on equity of 256.53% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Axon Enterprise15.37% 7.50% 3.78%
Fortinet 29.30%256.53%19.07%

Fortinet received 855 more outperform votes than Axon Enterprise when rated by MarketBeat users. Likewise, 65.88% of users gave Fortinet an outperform vote while only 64.87% of users gave Axon Enterprise an outperform vote.

CompanyUnderperformOutperform
Axon EnterpriseOutperform Votes
458
64.87%
Underperform Votes
248
35.13%
FortinetOutperform Votes
1313
65.88%
Underperform Votes
680
34.12%

Axon Enterprise has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 0.97, meaning that its stock price is 3% less volatile than the S&P 500.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Axon Enterprise$2.08B21.24$174.23M$4.79120.51
Fortinet$5.96B13.12$1.75B$2.2644.96

Summary

Fortinet beats Axon Enterprise on 11 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.
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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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AXON vs. The Competition

MetricAxon EnterpriseOrdnance & accessories, except vehicles & guided missiles IndustryAerospace SectorNASDAQ Exchange
Market Cap$44.23B$5.21B$20.10B$8.29B
Dividend YieldN/A2.99%1.25%4.02%
P/E Ratio149.1533.5145.3919.35
Price / Sales21.246.325.7297.62
Price / Cash165.1531.6629.7634.64
Price / Book26.8313.195.684.49
Net Income$174.23M$30.68M$324.21M$247.14M
7 Day Performance6.89%0.48%2.52%3.61%
1 Month Performance16.22%-1.37%2.43%-2.35%
1 Year Performance82.97%-2.52%22.73%5.04%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
3.4016 of 5 stars
$575.25
+0.5%
$604.67
+5.1%
+81.0%$44.08B$2.08B148.642,150Positive News
FTNT
Fortinet
3.9458 of 5 stars
$97.54
+0.9%
$105.69
+8.4%
+46.1%$74.52B$5.96B43.1613,568Analyst Revision
CVLT
Commvault Systems
3.8264 of 5 stars
$160.91
+0.2%
$156.44
-2.8%
+68.3%$7.09B$943.87M42.282,882Positive News
QLYS
Qualys
3.3445 of 5 stars
$131.33
+0.6%
$146.14
+11.3%
-21.6%$4.76B$607.57M28.092,188
AI
C3.ai
4.175 of 5 stars
$22.22
+1.3%
$31.33
+41.0%
-15.6%$2.94B$366.92M-10.05700
PRGS
Progress Software
4.6732 of 5 stars
$55.22
-0.2%
$72.43
+31.2%
+4.8%$2.41B$753.41M35.672,815Upcoming Earnings
Positive News
MSFT
Microsoft
4.9235 of 5 stars
$385.48
-0.8%
$510.43
+32.4%
-8.3%$2.85T$261.80B31.04228,000
ORCL
Oracle
4.8916 of 5 stars
$150.42
-2.3%
$179.20
+19.1%
+21.3%$418.10B$55.78B36.78159,000
NOW
ServiceNow
4.7316 of 5 stars
$831.93
-1.3%
$1,100.31
+32.3%
+10.0%$171.00B$10.98B121.8126,293Analyst Revision
Positive News
GEAR
Revelyst
N/A$20.08
+4.5%
N/AN/A$1.17B$1.23B-111.566,400
RGR
Sturm, Ruger & Company, Inc.
2.8279 of 5 stars
$39.67
-0.8%
N/A-13.3%$674.07M$535.64M22.721,880News Coverage
Positive News
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This page (NASDAQ:AXON) was last updated on 3/25/2025 by MarketBeat.com Staff
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