# FTNT vs PANW stock comparison

Canonical page: https://synoptiv.com/compare/ftnt-vs-panw
Last analyzed: FTNT Jul 30, 2026; PANW Jul 30, 2026

Fortinet, Inc. (FTNT) and Palo Alto Networks, Inc. Common Stock (PANW) compared on valuation, profitability, price performance and market sentiment. FTNT sentiment is positive; PANW is neutral. Last analyzed Jul 30, 2026 and Jul 30, 2026.

## Side-by-side metrics

| Metric | FTNT | PANW |
| --- | ---: | ---: |
| Last close | $153.22 | $314.15 |
| Market capitalization | $113.11B | $262.02B |
| Trailing P/E | 54.6 | 277.2 |
| Forward P/E | 41.6 | 77.9 |
| Net margin | 27.49% | 7.95% |

## Company context

- [FTNT](https://synoptiv.com/stock/FTNT): Fortinet, Inc. — Technology, Software - Infrastructure.
- [PANW](https://synoptiv.com/stock/PANW): Palo Alto Networks, Inc. Common Stock — Technology, Software - Infrastructure.

## Frequently asked questions

### Which has the higher market cap, FTNT or PANW?

PANW has the higher market capitalization. FTNT is about $113.11B, compared with about $262.02B for PANW.

### Which has the lower trailing P/E, FTNT or PANW?

FTNT has the lower trailing P/E. FTNT trades at 54.6 times trailing earnings, versus 277.2 for PANW.

### Which has stronger market sentiment, FTNT or PANW?

FTNT has the stronger composite sentiment score. FTNT scores 23 and PANW scores 12 on a −100 to +100 scale.

## Important information

Market data can be delayed, incomplete, or wrong. This comparison is research and analysis, not financial advice.

- [Methodology](https://synoptiv.com/methodology)
- [Disclosures](https://synoptiv.com/disclosures)