Fortinet Inc vs SoFi Technologies Inc — how do they compare? Fortinet Inc trades at $160.6 (market cap $120.48B), while SoFi Technologies Inc trades at $18 (market cap $23.40B). The key difference: Fortinet Inc is far larger — about 5.1× SoFi Technologies Inc's market cap, and Fortinet Inc is trading nearer its 52-week high, SoFi Technologies Inc nearer its low. Which is the better fit depends on your goals.
| FTNT | SOFI | |
|---|---|---|
Market Cap | $120.48B | $23.40B |
Sector | Technology | Financials |
52-Week High | $168.29 | $32.21 |
52-Week Low | $75.23 | $15.15 |
Enterprise Value | $116.91B | — |
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 →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →