FTNT vs. NOW, AXON, CVLT, QLYS, AI, PRGS, MSFT, ORCL, PANW, and LOGI
Should you be buying Fortinet stock or one of its competitors? The main competitors of Fortinet include ServiceNow (NOW), Axon Enterprise (AXON), Commvault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Progress Software (PRGS), Microsoft (MSFT), Oracle (ORCL), Palo Alto Networks (PANW), and Logitech International (LOGI).
Fortinet vs.
Fortinet (NASDAQ:FTNT) and ServiceNow (NYSE:NOW) 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 earnings, dividends, risk, profitability, institutional ownership, valuation, analyst recommendations, community ranking and media sentiment.
Fortinet presently has a consensus target price of $105.69, indicating a potential upside of 3.84%. ServiceNow has a consensus target price of $1,100.31, indicating a potential upside of 27.76%. Given ServiceNow's stronger consensus rating and higher possible upside, analysts plainly believe ServiceNow is more favorable than Fortinet.
ServiceNow received 83 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 75.26% of users gave ServiceNow an outperform vote while only 65.88% of users gave Fortinet an outperform vote.
In the previous week, ServiceNow had 27 more articles in the media than Fortinet. MarketBeat recorded 65 mentions for ServiceNow and 38 mentions for Fortinet. ServiceNow's average media sentiment score of 1.14 beat Fortinet's score of 0.98 indicating that ServiceNow is being referred to more favorably in the news media.
83.7% of Fortinet shares are held by institutional investors. Comparatively, 87.2% of ServiceNow shares are held by institutional investors. 18.0% of Fortinet shares are held by company insiders. Comparatively, 0.3% of ServiceNow shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Fortinet has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, ServiceNow has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500.
Fortinet has a net margin of 29.30% compared to ServiceNow's net margin of 12.97%. Fortinet's return on equity of 256.53% beat ServiceNow's return on equity.
Fortinet has higher earnings, but lower revenue than ServiceNow. Fortinet is trading at a lower price-to-earnings ratio than ServiceNow, indicating that it is currently the more affordable of the two stocks.
Summary
ServiceNow beats Fortinet on 13 of the 19 factors compared between the two stocks.
Get Fortinet News Delivered to You Automatically
Sign up to receive the latest news and ratings for FTNT and its competitors with MarketBeat's FREE daily newsletter.
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.
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.
Fortinet Competitors List
Related Companies and Tools
This page (NASDAQ:FTNT) was last updated on 3/25/2025 by MarketBeat.com Staff
Buy FTNT Stock Free FTNT Stock Alerts