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Axon Enterprise (AXON) Competitors

$281.67
-0.06 (-0.02%)
(As of 05/31/2024 ET)

AXON vs. FTNT, QLYS, CVLT, 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), Qualys (QLYS), Commvault Systems (CVLT), 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 investment? We will contrast the two companies based on the strength of their valuation, earnings, risk, profitability, analyst recommendations, institutional ownership, community ranking, media sentiment and dividends.

Fortinet has a net margin of 22.23% compared to Fortinet's net margin of 15.60%. Fortinet's return on equity of 11.71% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortinet22.23% -2,235.48% 15.38%
Axon Enterprise 15.60%11.71%5.60%

Fortinet has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500.

Fortinet presently has a consensus target price of $70.10, indicating a potential upside of 18.17%. Axon Enterprise has a consensus target price of $335.27, indicating a potential upside of 19.03%. Given Fortinet's stronger consensus rating and higher possible upside, analysts plainly believe Axon Enterprise is more favorable than Fortinet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortinet
2 Sell rating(s)
20 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.25
Axon Enterprise
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.92

Fortinet received 837 more outperform votes than Axon Enterprise when rated by MarketBeat users. Likewise, 67.07% of users gave Fortinet an outperform vote while only 64.11% of users gave Axon Enterprise an outperform vote.

CompanyUnderperformOutperform
FortinetOutperform Votes
1271
67.07%
Underperform Votes
624
32.93%
Axon EnterpriseOutperform Votes
434
64.11%
Underperform Votes
243
35.89%

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 insiders. Comparatively, 6.1% of Axon Enterprise shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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$5.30B8.54$1.15B$1.5338.77
Axon Enterprise$1.56B13.60$174.23M$3.4282.36

In the previous week, Fortinet had 8 more articles in the media than Axon Enterprise. MarketBeat recorded 19 mentions for Fortinet and 11 mentions for Axon Enterprise. Fortinet's average media sentiment score of 0.98 beat Axon Enterprise's score of 0.88 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortinet
9 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Axon Enterprise
6 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Fortinet beats Axon Enterprise on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AXON 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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AXON vs. The Competition

MetricAxon EnterpriseOrdnance & accessories, except vehicles & guided missiles IndustryIndustrial SectorNASDAQ Exchange
Market Cap$21.26B$2.86B$9.23B$7.96B
Dividend YieldN/A1.94%1.99%4.01%
P/E Ratio82.3624.5820.5318.57
Price / Sales13.603.668.5291.65
Price / Cash90.6620.8318.9831.51
Price / Book11.692.903.894.59
Net Income$174.23M$33.29M$462.55M$213.90M
7 Day Performance-1.39%0.61%-1.37%0.87%
1 Month Performance-9.60%-5.88%3.11%3.60%
1 Year Performance46.60%19.07%11.47%7.91%

Axon Enterprise Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
4.8609 of 5 stars
$59.45
-3.1%
$70.10
+17.9%
-13.6%$45.42B$5.30B38.8613,568Short Interest ↓
QLYS
Qualys
2.624 of 5 stars
$143.37
-2.1%
$162.23
+13.2%
+10.9%$5.30B$554.46M33.192,188Insider Selling
CVLT
Commvault Systems
4.054 of 5 stars
$111.36
+0.7%
$119.40
+7.2%
+54.4%$4.83B$839.25M29.622,882Insider Selling
AI
C3.ai
2.5414 of 5 stars
$24.10
+0.2%
$31.50
+30.7%
-14.8%$2.94B$296.40M-10.34914Analyst Forecast
Options Volume
News Coverage
PRGS
Progress Software
4.6865 of 5 stars
$50.07
-0.5%
$64.60
+29.0%
-14.9%$2.16B$694.44M32.512,284Positive News
MSFT
Microsoft
4.9561 of 5 stars
$430.32
+0.0%
$454.70
+5.7%
+24.8%$3.20T$211.92B37.26221,000
ORCL
Oracle
4.9813 of 5 stars
$124.51
+1.3%
$130.76
+5.0%
+10.6%$342.22B$49.95B32.85164,000Positive News
NOW
ServiceNow
4.7687 of 5 stars
$728.99
-1.3%
$808.73
+10.9%
+21.0%$149.44B$8.97B77.9722,668Insider Selling
Short Interest ↑
Analyst Revision
VSTO
Vista Outdoor
3.5886 of 5 stars
$33.90
-2.9%
$38.67
+14.1%
+33.1%$1.97B$2.75B-308.187,000Analyst Forecast
RGR
Sturm, Ruger & Company, Inc.
0.4828 of 5 stars
$43.09
-1.1%
N/A-13.8%$749.68M$543.77M18.651,820Positive News

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This page (NASDAQ:AXON) was last updated on 6/2/2024 by MarketBeat.com Staff

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