Fortinet Inc vs NIO Inc. — how do they compare? Fortinet Inc trades at $161.5 (market cap $118.78B), while NIO Inc. trades at $4.57 (market cap $11.59B). The key difference: Fortinet Inc is far larger — about 10.2× NIO Inc.'s market cap, and Fortinet Inc is trading nearer its 52-week high, NIO Inc. nearer its low. Which is the better fit depends on your goals.
| FTNT | NIO | |
|---|---|---|
Market Cap | $118.78B | $11.59B |
Sector | Technology | Consumer Cyclical |
52-Week High | $168.29 | $7.89 |
52-Week Low | $75.23 | $4.44 |
Enterprise Value | $115.21B | $10.82B |
Trailing returns across standard periods
Latest headlines on both assets
Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →NIO Inc. manufactures and sells automobiles. The Company offers electric vehicles and parts, as well as provides battery charging services. NIO serves customers worldwide.
Read more on NIO →