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Stock Comparison · Industry comparison · Software - Infrastructure

CrowdStrike Holdings vs Fortinet: Which Stock Looks Stronger in 2026?

Fortinet holds the cleaner structural position, with growth as the main driver and stability adding further support. CrowdStrike still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

Growth still does most of the heavy lifting in this comparison. The overall score gap is 14 points in favour of Fortinet, Inc..

INDUSTRY COMPARISON

Both operate in: Software - Infrastructure

This comparison is based on industry proximity, not on functional trajectory similarity. CRWD and FTNT share the same industry classification.

For a similarity-based comparison, see how CrowdStrike and Fortinet each position within their functional peer groups in AssetNext.

Peer-Relative Score
CRWD
CrowdStrike Holdings, Inc.
35
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
FTNT
Fortinet, Inc.
49
Peer-Score
Signal qualityMedium
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: CRWD vs FTNT Profitability 40 40 Stability 73 50 Valuation 28 40 Growth 0 77 CRWD FTNT
Gap Ranking
#1 Growth +77
#2 Stability +23
#3 Valuation +12
#4 Profitability
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CRWD and FTNT Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CRWDFTNT Relative valuation Structural strength

Fortinet, Inc. looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where CRWD and FTNT each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY CRWD Elevated · above norm 0th 50th 100th 0 pct gap FTNT Elevated · above norm 0th 50th 100th 99th 99th
CRWD (99th percentile) and FTNT (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Fortinet, Inc. ranks near the top of the group on growth; CrowdStrike Holdings, Inc. sits in the weaker half.
Stability
On stability, the edge still sits with CrowdStrike Holdings, Inc., even though both profiles look solid.
Growth — Dominant Gap
CRWD
0
FTNT
77
Gap+77in favour of FTNT

The main growth separation is very wide, driven by a meaningfully stronger expansion profile.

What keeps the gap from being one-sided

CrowdStrike Holdings, Inc. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

The growth edge is decisive, but stability still pushes back — the result holds, but not without a real counterweight.

Explore full peer positioning in AssetNext

Break down the CRWD vs FTNT comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how CRWD and FTNT each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.