Free Trial

Axon Enterprise (AXON) Competitors

Axon Enterprise logo
$631.71 -4.05 (-0.64%)
(As of 09:57 AM ET)

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

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 Revelyst (GEAR).

Axon Enterprise vs.

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

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 Enterprise15.37% 7.50% 3.78%
Fortinet 26.79%973.30%18.21%

Axon Enterprise currently has a consensus price target of $488.67, suggesting a potential downside of 23.14%. Fortinet has a consensus price target of $90.43, suggesting a potential downside of 7.36%. 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)
13 Buy rating(s)
0 Strong Buy rating(s)
3.00
Fortinet
1 Sell rating(s)
19 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.39

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$1.94B24.98$174.23M$3.87164.28
Fortinet$5.71B13.10$1.15B$1.9849.30

Fortinet received 849 more outperform votes than Axon Enterprise when rated by MarketBeat users. Likewise, 66.23% of users gave Fortinet an outperform vote while only 65.09% of users gave Axon Enterprise an outperform vote.

CompanyUnderperformOutperform
Axon EnterpriseOutperform Votes
453
65.09%
Underperform Votes
243
34.91%
FortinetOutperform Votes
1302
66.23%
Underperform Votes
664
33.77%

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

Axon Enterprise has a beta of 1.01, suggesting that its stock price is 1% 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.

In the previous week, Axon Enterprise had 4 more articles in the media than Fortinet. MarketBeat recorded 32 mentions for Axon Enterprise and 28 mentions for Fortinet. Axon Enterprise's average media sentiment score of 0.88 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)
2 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
15 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Fortinet beats Axon Enterprise 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 {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 IndustryAerospace SectorNASDAQ Exchange
Market Cap$48.48B$5.42B$18.10B$9.31B
Dividend YieldN/A2.33%1.28%4.06%
P/E Ratio164.2836.4837.6917.53
Price / Sales24.985.4919.73140.37
Price / Cash207.5332.2230.2937.95
Price / Book29.5610.455.754.92
Net Income$174.23M$26.66M$463.64M$225.78M
7 Day Performance-1.04%-1.44%5.60%-1.58%
1 Month Performance5.96%-1.46%13.09%6.67%
1 Year Performance148.64%6.36%45.10%22.48%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
3.7009 of 5 stars
$630.00
-0.9%
$488.67
-22.4%
+148.4%$48.04B$1.94B162.794,260Insider Trade
Short Interest ↓
Positive News
FTNT
Fortinet
4.3565 of 5 stars
$97.76
-0.2%
$90.43
-7.5%
+68.8%$74.93B$5.71B49.4713,568Analyst Forecast
CVLT
Commvault Systems
4.0851 of 5 stars
$169.96
+0.8%
$151.25
-11.0%
+113.2%$7.43B$898.05M42.712,882Positive News
QLYS
Qualys
1.6292 of 5 stars
$147.50
0.0%
$152.80
+3.6%
-26.6%$5.40B$554.46M32.502,188
AI
C3.ai
3.1509 of 5 stars
$41.91
+6.2%
$35.55
-15.2%
+37.3%$5.32B$346.54M-17.86700Insider Trade
Short Interest ↑
PRGS
Progress Software
4.0265 of 5 stars
$69.00
+0.1%
$67.67
-1.9%
+25.6%$2.96B$715.42M36.842,284Positive News
MSFT
Microsoft
4.8584 of 5 stars
$449.42
+0.5%
$505.43
+12.5%
+22.6%$3.34T$254.19B36.86228,000
ORCL
Oracle
4.6326 of 5 stars
$171.57
-1.0%
$183.63
+7.0%
+64.3%$479.87B$52.96B42.11159,000
NOW
ServiceNow
4.3556 of 5 stars
$1,129.18
+0.7%
$1,034.96
-8.3%
+59.6%$232.61B$10.46B174.3522,668
VSTO
Vista Outdoor
2.6238 of 5 stars
$44.63
flat
$41.20
-7.7%
N/A$2.61B$2.75B-247.946,400Analyst Forecast
GEAR
Revelyst
N/A$19.05
-0.1%
N/AN/A$1.11B$2.75B-105.896,400

Related Companies and Tools


This page (NASDAQ:AXON) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners