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Fortinet (FTNT) Competitors

Fortinet logo
$94.01 +1.56 (+1.69%)
(As of 11:20 AM ET)

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

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

Fortinet vs.

CrowdStrike (NASDAQ:CRWD) 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 earnings, community ranking, valuation, media sentiment, dividends, profitability, analyst recommendations, institutional ownership and risk.

Fortinet has a net margin of 26.79% compared to CrowdStrike's net margin of 4.84%. Fortinet's return on equity of 973.30% beat CrowdStrike's return on equity.

Company Net Margins Return on Equity Return on Assets
CrowdStrike4.84% 8.44% 3.14%
Fortinet 26.79%973.30%18.21%

In the previous week, Fortinet had 11 more articles in the media than CrowdStrike. MarketBeat recorded 89 mentions for Fortinet and 78 mentions for CrowdStrike. CrowdStrike's average media sentiment score of 1.15 beat Fortinet's score of 0.86 indicating that CrowdStrike is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CrowdStrike
44 Very Positive mention(s)
7 Positive mention(s)
20 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
35 Very Positive mention(s)
18 Positive mention(s)
15 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortinet received 772 more outperform votes than CrowdStrike when rated by MarketBeat users. However, 69.74% of users gave CrowdStrike an outperform vote while only 66.33% of users gave Fortinet an outperform vote.

CompanyUnderperformOutperform
CrowdStrikeOutperform Votes
530
69.74%
Underperform Votes
230
30.26%
FortinetOutperform Votes
1302
66.33%
Underperform Votes
661
33.67%

CrowdStrike presently has a consensus price target of $334.33, suggesting a potential downside of 6.85%. Fortinet has a consensus price target of $88.93, suggesting a potential downside of 5.40%. Given Fortinet's higher possible upside, analysts plainly believe Fortinet is more favorable than CrowdStrike.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CrowdStrike
1 Sell rating(s)
7 Hold rating(s)
31 Buy rating(s)
3 Strong Buy rating(s)
2.86
Fortinet
1 Sell rating(s)
19 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.39

CrowdStrike has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CrowdStrike$3.06B28.79$89.33M$0.69520.17
Fortinet$5.30B13.58$1.15B$1.9847.48

71.2% of CrowdStrike shares are held by institutional investors. Comparatively, 83.7% of Fortinet shares are held by institutional investors. 4.3% of CrowdStrike shares are held by insiders. Comparatively, 18.0% of Fortinet shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Fortinet beats CrowdStrike 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.
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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$72.05B$14.31B$23.77B$8.80B
Dividend YieldN/A6.99%2.76%4.07%
P/E Ratio47.4810.87233.6213.60
Price / Sales13.583.753,405.9987.40
Price / Cash46.2621.0633.0636.27
Price / Book79.677.786.826.33
Net Income$1.15B$230.65M$658.63M$225.93M
7 Day Performance-0.48%0.30%0.75%-0.96%
1 Month Performance14.58%-2.18%1.40%1.06%
1 Year Performance78.79%-3.26%19.71%26.59%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
4.5217 of 5 stars
$94.01
+1.7%
$88.93
-5.4%
+78.1%$72.05B$5.30B47.4813,568Analyst Forecast
Insider Trade
Analyst Revision
CRWD
CrowdStrike
4.586 of 5 stars
$358.92
+2.5%
$334.33
-6.9%
+68.6%$87.98B$3.06B514.297,925Upcoming Earnings
Analyst Forecast
Positive News
ZS
Zscaler
4.2862 of 5 stars
$207.21
+3.1%
$217.79
+5.1%
+4.7%$31.60B$2.17B-512.197,348Analyst Upgrade
Positive News
FFIV
F5
4.3344 of 5 stars
$244.69
+1.1%
$233.56
-4.6%
+47.4%$14.34B$2.82B25.326,524Analyst Revision
JNPR
Juniper Networks
4.7069 of 5 stars
$35.69
+0.1%
$39.50
+10.7%
+32.5%$11.82B$5.56B46.923,374Options Volume
PFPT
Proofpoint
N/A$175.90
flat
N/A+0.0%$10.16B$1.05B-206.943,658Analyst Forecast
NOW
ServiceNow
4.5261 of 5 stars
$1,045.09
+2.2%
$986.39
-5.6%
+53.4%$215.29B$8.97B159.1022,668Analyst Upgrade
Insider Trade
AXON
Axon Enterprise
3.225 of 5 stars
$636.16
+4.3%
$427.83
-32.7%
+169.6%$48.51B$1.56B157.584,260
CVLT
Commvault Systems
4.3084 of 5 stars
$172.64
+1.0%
$151.25
-12.4%
+140.6%$7.55B$839.25M43.282,882Insider Trade
QLYS
Qualys
1.2882 of 5 stars
$150.00
+2.0%
$152.80
+1.9%
-18.2%$5.49B$554.46M32.392,188Insider Trade
AI
C3.ai
3.4993 of 5 stars
$33.65
+4.0%
$27.70
-17.7%
+15.4%$4.27B$310.58M-14.19700Options Volume
News Coverage
Gap Up

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This page (NASDAQ:FTNT) was last updated on 11/21/2024 by MarketBeat.com Staff
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