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Fortinet (FTNT) Competitors

Fortinet logo
$96.85 -0.88 (-0.90%)
As of 04:00 PM Eastern

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 business? We will contrast the two companies based on the strength of their earnings, institutional ownership, dividends, analyst recommendations, profitability, valuation, risk, community ranking and media sentiment.

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.

Company Net Margins Return on Equity Return on Assets
Fortinet29.30% 256.53% 19.07%
ServiceNow 12.97%17.11%8.18%

Fortinet has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500. Comparatively, ServiceNow has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500.

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, large money managers and hedge funds believe a stock will outperform the market over the long term.

ServiceNow received 88 more outperform votes than Fortinet when rated by MarketBeat users. Likewise, 75.30% of users gave ServiceNow an outperform vote while only 65.80% of users gave Fortinet an outperform vote.

CompanyUnderperformOutperform
FortinetOutperform Votes
1314
65.80%
Underperform Votes
683
34.20%
ServiceNowOutperform Votes
1402
75.30%
Underperform Votes
460
24.70%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortinet$5.96B12.50$1.75B$2.2642.85
ServiceNow$10.98B15.08$1.43B$6.83117.16

Fortinet presently has a consensus price target of $105.77, indicating a potential upside of 9.21%. ServiceNow has a consensus price target of $1,068.76, indicating a potential upside of 33.56%. Given ServiceNow's stronger consensus rating and higher probable upside, analysts plainly believe ServiceNow is more favorable than Fortinet.

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)
2 Strong Buy rating(s)
2.42
ServiceNow
1 Sell rating(s)
3 Hold rating(s)
27 Buy rating(s)
0 Strong Buy rating(s)
2.84

In the previous week, ServiceNow had 5 more articles in the media than Fortinet. MarketBeat recorded 57 mentions for ServiceNow and 52 mentions for Fortinet. Fortinet's average media sentiment score of 1.21 beat ServiceNow's score of 1.11 indicating that Fortinet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
40 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
ServiceNow
35 Very Positive mention(s)
6 Positive mention(s)
8 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

ServiceNow beats Fortinet on 11 of the 19 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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FTNT vs. The Competition

MetricFortinetComputer peripheral equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$74.48B$12.67B$22.24B$7.58B
Dividend YieldN/A5.65%3.01%4.33%
P/E Ratio42.8524.0239.2217.79
Price / Sales12.503.192,147.1794.27
Price / Cash44.1128.3234.6834.64
Price / Book49.675.455.723.99
Net Income$1.75B$188.53M$738.00M$247.24M
7 Day Performance10.06%3.65%4.28%5.84%
1 Month Performance0.62%-3.92%-5.56%-5.77%
1 Year Performance45.75%-16.00%53,099.42%-1.97%

Fortinet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
3.8584 of 5 stars
$96.85
-0.9%
$105.77
+9.2%
+47.1%$74.48B$5.96B42.8512,600Positive News
Gap Up
NOW
ServiceNow
4.6593 of 5 stars
$733.87
+1.7%
$1,086.00
+48.0%
+2.2%$151.18B$10.98B107.4526,293Analyst Forecast
Positive News
Gap Up
AXON
Axon Enterprise
3.1544 of 5 stars
$501.38
+0.9%
$604.67
+20.6%
+82.7%$38.42B$2.08B129.562,150Short Interest ↓
Positive News
Gap Down
CVLT
Commvault Systems
4.0583 of 5 stars
$141.58
+1.6%
$156.44
+10.5%
+58.0%$6.23B$943.87M37.162,882Positive News
Gap Up
QLYS
Qualys
2.2703 of 5 stars
$116.79
-1.5%
$144.36
+23.6%
-25.3%$4.28B$607.57M25.222,188Analyst Upgrade
News Coverage
Gap Up
AI
C3.ai
3.8336 of 5 stars
$19.19
+1.0%
$31.33
+63.3%
-8.4%$2.55B$366.92M-8.68700Analyst Forecast
Gap Down
PRGS
Progress Software
4.5786 of 5 stars
$56.45
+0.5%
$75.17
+33.2%
+13.2%$2.43B$806.74M36.182,815Analyst Forecast
Gap Down
MSFT
Microsoft
4.9228 of 5 stars
$358.35
-0.4%
$508.00
+41.8%
-7.9%$2.67T$261.80B28.89228,000Analyst Forecast
Short Interest ↓
Analyst Revision
ORCL
Oracle
4.9519 of 5 stars
$127.88
-0.3%
$178.65
+39.7%
+9.2%$357.66B$55.78B31.27159,000Analyst Forecast
Positive News
Gap Up
PANW
Palo Alto Networks
4.6627 of 5 stars
$152.62
-0.6%
$204.27
+33.8%
+20.6%$101.11B$8.57B86.0312,600Insider Trade
Positive News
LOGI
Logitech International
4.1563 of 5 stars
$67.26
-2.9%
$97.71
+45.3%
-17.5%$10.64B$4.56B15.798,200Gap Up
High Trading Volume
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This page (NASDAQ:FTNT) was last updated on 4/14/2025 by MarketBeat.com Staff
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