Free Trial

Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$599.35 -5.21 (-0.86%)
(As of 11/15/2024 ET)

AXON vs. FTNT, CVLT, QLYS, AI, PRGS, MSFT, ORCL, NOW, VSTO, 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), Vista Outdoor (VSTO), and Sturm, Ruger & Company, Inc. (RGR).

Axon Enterprise vs.

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

83.7% of Fortinet shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 18.0% of Fortinet shares are held by company insiders. Comparatively, 6.1% of Axon Enterprise shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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
Fortinet$5.71B12.64$1.15B$1.9847.58
Axon Enterprise$1.56B29.23$174.23M$3.87154.87

Fortinet currently has a consensus target price of $79.52, indicating a potential downside of 15.59%. Axon Enterprise has a consensus target price of $427.83, indicating a potential downside of 28.62%. Given Fortinet's higher possible upside, equities research analysts plainly believe Fortinet is more favorable than Axon Enterprise.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortinet
1 Sell rating(s)
19 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.38
Axon Enterprise
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.92

Fortinet has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.Comparatively, Axon Enterprise has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.

In the previous week, Fortinet had 17 more articles in the media than Axon Enterprise. MarketBeat recorded 48 mentions for Fortinet and 31 mentions for Axon Enterprise. Fortinet's average media sentiment score of 0.97 beat Axon Enterprise's score of 0.93 indicating that Fortinet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
24 Very Positive mention(s)
6 Positive mention(s)
12 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Axon Enterprise
16 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Fortinet26.79% 973.30% 18.21%
Axon Enterprise 15.37%7.50%3.78%

Fortinet received 843 more outperform votes than Axon Enterprise when rated by MarketBeat users. Likewise, 66.43% of users gave Fortinet an outperform vote while only 64.99% of users gave Axon Enterprise an outperform vote.

CompanyUnderperformOutperform
FortinetOutperform Votes
1294
66.43%
Underperform Votes
654
33.57%
Axon EnterpriseOutperform Votes
451
64.99%
Underperform Votes
243
35.01%

Summary

Fortinet beats Axon Enterprise on 14 of the 19 factors compared between the two stocks.

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.
Skip Chart

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.
Skip Chart

AXON vs. The Competition

MetricAxon EnterpriseOrdnance & accessories, except vehicles & guided missiles IndustryIndustrial SectorNASDAQ Exchange
Market Cap$45.70B$5.59B$9.68B$8.66B
Dividend YieldN/A2.15%2.00%4.06%
P/E Ratio154.8735.1222.2817.46
Price / Sales29.235.737.5969.04
Price / Cash193.5035.0320.3836.36
Price / Book21.769.614.155.87
Net Income$174.23M$30.68M$414.52M$225.66M
7 Day Performance-0.63%-2.20%-3.04%-1.34%
1 Month Performance37.95%-0.40%0.72%1.15%
1 Year Performance168.19%14.46%28.89%24.02%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
3.2607 of 5 stars
$599.35
-0.9%
$427.83
-28.6%
+169.1%$45.70B$1.56B154.874,260Insider Selling
News Coverage
FTNT
Fortinet
4.5443 of 5 stars
$99.15
+2.0%
N/A+86.8%$75.84B$5.30B50.0813,568News Coverage
CVLT
Commvault Systems
4.3503 of 5 stars
$169.68
-2.0%
N/A+143.9%$7.42B$898.05M42.962,882Analyst Forecast
QLYS
Qualys
1.5789 of 5 stars
$154.56
-0.4%
N/A-16.8%$5.66B$592.95M34.042,188Positive News
AI
C3.ai
3.3723 of 5 stars
$27.79
-1.4%
N/A-10.5%$3.53B$310.58M-12.19700Analyst Upgrade
PRGS
Progress Software
4.1998 of 5 stars
$68.53
+0.4%
N/A+24.3%$2.94B$715.42M36.652,284Positive News
MSFT
Microsoft
4.9105 of 5 stars
$423.03
+1.2%
N/A+10.3%$3.15T$254.19B34.90228,000Insider Selling
News Coverage
Positive News
ORCL
Oracle
4.8697 of 5 stars
$189.60
+0.2%
N/A+60.2%$525.39B$52.96B48.87159,000Analyst Upgrade
News Coverage
Positive News
NOW
ServiceNow
4.5451 of 5 stars
$1,048.29
+1.2%
N/A+55.1%$215.95B$10.46B163.0322,668Analyst Upgrade
Insider Selling
News Coverage
Positive News
VSTO
Vista Outdoor
3.5418 of 5 stars
$44.20
+0.2%
N/A+72.8%$2.58B$2.69B-245.566,400Analyst Forecast
Analyst Revision
News Coverage
RGR
Sturm, Ruger & Company, Inc.
2.611 of 5 stars
$40.58
-0.4%
N/A-14.1%$681.38M$520.49M23.461,820Negative News

Related Companies and Tools


This page (NASDAQ:AXON) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners