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Stock Comparison · Industry comparison · Software - Infrastructure

Fortinet vs Nutanix: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Nutanix carrying a narrow edge on growth. Fortinet still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Fortinet, which does not confirm the structural lead. That leaves a split case: the structural lead stays with Nutanix, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

On growth, the clearer edge sits with Fortinet, Inc., while the overall score remains tighter and points the other way.

INDUSTRY COMPARISON

Both operate in: Software - Infrastructure

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

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

Peer-Relative Score
FTNT
Fortinet, Inc.
50
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
NTNX
Nutanix, Inc.
54
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

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

The clearest separation appears in growth.

Dimension spread: FTNT vs NTNX Profitability 37 67 Stability 52 67 Valuation 42 46 Growth 79 31 FTNT NTNX
Gap Ranking
#1 Growth +48
#2 Profitability +30
#3 Stability +15
#4 Valuation +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FTNT and NTNX Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FTNTNTNX Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

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

BASED ON 5-YEAR HISTORY FTNT Elevated · above norm 0th 50th 100th 40 pct gap NTNX Neutral · near norm 0th 50th 100th 99th 59th
Today NTNX sits in the upper-middle of its own 5-year history (59th percentile), while FTNT sits higher in its own history (99th). Within each stock's own 5-year context, NTNX is at a historically more favourable entry position than FTNT. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

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

Relative Position vs Comparable Companies
Growth
On growth, Fortinet, Inc. ranks near the top of the group; Nutanix, Inc. sits in the weaker half.
Profitability
The same broad pattern appears on profitability: Nutanix, Inc. ranks near the top of the group, while Fortinet, Inc. stays in the weaker half.
Growth — Dominant Gap
FTNT
79
NTNX
31
Gap+48in favour of FTNT

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

The market setup is mixed for both, so the structural comparison carries most of the weight here.

What this means for the comparison

Growth is the clearest driver of the lead, with profitability adding further support — though growth still provides a real counterweight.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how FTNT and NTNX 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.