FTNT vs VRNS Stock Comparison
Compare FTNT and VRNS across AIQ Score, fundamentals, valuation, momentum, risk, analyst expectations and current market evidence.
What is the main difference between FTNT and VRNS?
FTNT leads the current stock comparison as Fortinet, Inc., with the clearest separation coming from quality and the broader AIQ evidence mix.
AlgovestIQ AIQ Comparison
Fortinet, Inc. vs Varonis Systems, Inc.
FTNT leads
FTNT leads by 9 AIQ points, primarily on Quality and Risk Resilience, but the lead has narrowed from 19 points over 30 sessions. Wall Street currently favors VRNS on target upside.
Fragile: 3 of 6 evidence groups support FTNT, its lead is narrowing, and its current signal state is conflicted.
Fortinet, Inc.
Varonis Systems, Inc.
The Algovestiq AIQ Score currently favors FTNT over VRNS, 56 versus 47 as of Sep 6, 2026. FTNT's advantage is driven primarily by stronger quality and risk resilience, while VRNS holds the stronger momentum profile. FTNT also shows the weaker technical structure relative to its 50-day moving average, though analyst target upside currently favors VRNS. 3 of 6 covered evidence groups favor FTNT today, and the comparison is rated Fragile on stability: only 3 of 6 covered evidence groups agree. FTNT lead: Weakening — the AIQ differential moved from 19 to 9 points over 30 sessions.
Compare Fortinet, Inc. and Varonis Systems, Inc. across the Algovestiq AIQ Score, valuation, quality, momentum, risk, technicals and analyst expectations.
Performance over time
Price-return comparison using available daily close history.
Total return comparison
Growth of $10,000
Based on available close-price history. Distribution reinvestment is not added unless already reflected in the source series.
Compare FTNT and VRNS against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Quality30%95 vs 43FTNT +52
- Momentum25%47 vs 71VRNS +24
- Risk Resilience15%50 vs 44FTNT +6
- Value30%27 vs 32VRNS +5
3 of 6 evidence groups favor FTNT. FTNT’s edge is concentrated in quality and risk resilience; VRNS keeps a meaningful momentum edge.
What changed since the last close
Latest scored session 2026-09-05, compared against the prior scored session 2026-09-04.
No factor moved materially.
No new signals fired.
No factor moved materially.
No new signals fired.
FTNT's lead was unchanged in the latest snapshot.
Deeper signal detail for each name lives on its own signals page — FTNT and VRNS both carry a full feed there.
The central trade-off
FTNT (Fortinet, Inc.): the stronger current systematic profile, led by quality and risk resilience.
VRNS (Varonis Systems, Inc.): the counter-case, on momentum, value, valuation — but at materially higher volatility, 65.9% against 55.3%.
The AIQ Score and Wall Street therefore point in different directions on this pair.
Which one fits your objective
The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.
Balanced
FTNTFTNT on the overall AIQ Score, which weights Quality and Value at 30% each.
Growth
FTNTFTNT on combined revenue and EPS growth.
Value
VRNSVRNS on the peer-relative Value factor, by 5 points.
Momentum
VRNSVRNS on the Momentum factor, by 24 points.
Lower downside
FTNTFTNT on Risk Resilience, by 6 points.
Analyst upside
VRNSVRNS on implied upside to the consensus price target.
AIQ vs Wall Street
The model and the Street disagree here: AIQ favors FTNT, analyst targets favor VRNS. That disagreement is the most useful thing on this page.
| Measure | FTNT | VRNS | Note |
|---|---|---|---|
| Implied upside to target | -7.8% | -2.8% | VRNS has more room |
| Target dispersion | +92.3% | +55.8% | Lower is tighter analyst agreement |
| Consensus | Hold | Buy | Context, not a primary driver |
| Analysts covering | 23 | 12 | Higher coverage generally improves confidence |
The two are measuring different things. The AIQ Score reads current fundamentals, valuation, trend and risk; analyst targets price forward expectations. A divergence of this kind is either a contrarian opportunity or a sign the model is missing something already priced in — it is worth resolving before acting on either.
Analyst targets are expectations, not predictions. Dispersion matters as much as the midpoint.
AIQ Agreement Matrix
3 of 6 covered evidence groups favor FTNT. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | FTNT | 56 vs 47 |
| Fundamentals | FTNT | revenue growth 10.7% vs 4%; EPS growth 15.3% vs -28.1%; TTM ROE 187.9% vs -26.9%; gross margin 80.4% vs 77.1%; operating margin 32.4% vs -22% |
| Valuation | VRNS | Value 27 vs 32 |
| Technicals | VRNS | Price vs 50-day -1.6% vs 5.2%; vs 200-day 42% vs 41.4% |
| Risk Resilience | FTNT | Risk Resilience 50 vs 44 |
| Analyst expectations | VRNS | Target upside -7.8% vs -2.8% |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of FTNT and VRNS and are excluded from the count.
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is moderate at 9 points.
- Only 3 of 6 covered evidence groups agree. (argues the conclusion is provisional)
- The leader's advantage has been narrowing. (argues the conclusion is provisional)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
- Analyst targets on the leader are widely dispersed. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on FTNT.
How the comparison changed
120 daily snapshots · Apr 24 – Sep 5FTNT lead: Weakening — the AIQ differential moved from 19 to 9 points over 30 sessions.
- Today
- FTNT +9
- 56 vs 47
- 7 sessions ago
- FTNT +16
- 62 vs 46
- 30 sessions ago
- FTNT +19
- 62 vs 43
- 90 sessions ago
- FTNT +14
- 64 vs 50
The lead has not changed hands in this window.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
2 bullish / 1 bearish / 1 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (44.27%)
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
- ATR Expansion - Breakout Mode — neutral, volatility, short horizon (4.50%)
4 bullish / 0 bearish / 2 neutral
- Golden Cross Active — bullish, trend, long horizon (34.46%)
- Bollinger Band Squeeze — neutral, volatility, short horizon
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
FTNT leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -0.04%, AIQ 0 points).
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -0.9%, AIQ 0 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1VRNS closes the Quality gap — currently 52 points behind, the largest single contributor to FTNT's edge.
- 2VRNS's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend.
- 3FTNT's conflicting signal state resolves bearish — it currently carries 2 bullish and 1 bearish rules at once.
- 4The narrowing continues — the lead has already given back 10 points over 30 sessions, and a further 9-point move would eliminate FTNT's advantage entirely.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Fundamentals
FTNT leads on balance| Metric | FTNT | VRNS |
|---|---|---|
| Revenue growth (YoY) | 10.7% | 4% |
| EPS growth (YoY) | 15.3% | -28.1% |
| Gross margin | 80.4% | 77.1% |
| Operating margin | 32.4% | -22% |
| Return on equity (TTM) | 187.9% | -26.9% |
| Debt to equity | 0.32 | 1.16 |
Performance
VRNS leads 4 of 6 windows| Metric | FTNT | VRNS |
|---|---|---|
| 1 week (5 sessions) | -5.8% | 4.9% |
| 1 month (20 sessions) | -2.1% | 5.9% |
| 3 months (63 sessions) | 8% | 41% |
| 6 months (126 sessions) | 86.8% | 89% |
| Year to date | 96.8% | 40.5% |
| 1 year (252 sessions) | 104.1% | -16.9% |
Technicals
VRNS has the stronger structure| Metric | FTNT | VRNS |
|---|---|---|
| RSI (14) | 50.3 | 59.3 |
| ADX (14) | 20.5 | 17.6 |
| Price vs 50-day | -1.6% | 5.2% |
| Price vs 200-day | 42% | 41.4% |
| Volatility (1M, annualized) | 55.3% | 65.9% |
Risk
FTNT is the more resilient| Metric | FTNT | VRNS |
|---|---|---|
| Beta | 1.01 | 1.03 |
| Sharpe ratio | 1.84 | 0.12 |
| Sortino ratio | 3.38 | 0.12 |
| Max drawdown | -14.3% | -68.1% |
| Current drawdown | -9.5% | -27.2% |
| Annualized volatility | 41.6% | 71.8% |
| Value at risk (95%) | -3.8% | -4.6% |
Straight answers
Each answer is regenerated from the current snapshot, not written once and left to age.
Which is better, FTNT or VRNS?
On the Algovestiq AIQ Score, FTNT is the stronger of the two as of Sep 6, 2026, scoring 56 against VRNS's 47. The edge comes from quality and risk resilience. VRNS is not without a case — it holds the better momentum profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.
Is FTNT or VRNS the better buy right now?
FTNT carries the stronger systematic profile as of Sep 6, 2026, and the comparison is rated Fragile — 3 of 6 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: only 3 of 6 covered evidence groups agree. Treat the lead as provisional.
Why does the AIQ Score favor FTNT over VRNS?
The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. FTNT leads Quality by 52 points; VRNS leads Momentum by 24 points; FTNT leads Risk Resilience by 6 points. Where the two split, the factor with the larger weight carries the result.
Which has more analyst upside, FTNT or VRNS?
Analyst price targets imply -7.8% upside for FTNT and -2.8% for VRNS, so the Street currently favors VRNS. That points the opposite way to the AIQ Score, which favors FTNT. The two are measuring different things: the model reads current fundamentals, valuation, trend and risk; the Street is pricing forward expectations. A divergence of this kind is either a contrarian opportunity or a sign the model is missing something the analysts have already priced — it is the single most useful row on this page to investigate. Analyst targets are expectations, not predictions, and dispersion matters as much as the midpoint.
Which is better value, FTNT or VRNS?
VRNS is the better-valued of the two on the peer-relative Value factor. VRNS on the peer-relative Value factor, by 5 points. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.
Which has stronger growth, FTNT or VRNS?
FTNT on combined revenue and EPS growth. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.
Which has stronger momentum, FTNT or VRNS?
VRNS on the Momentum factor, by 24 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.
Which is riskier, FTNT or VRNS?
FTNT is the more resilient of the two, so the other name carries the higher downside risk. FTNT on Risk Resilience, by 6 points. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.
Is FTNT more profitable than VRNS?
FTNT leads on the comparable margin measures — gross margin 80.4% vs 77.1%; operating margin 32.4% vs -22%; ttm roe 187.9% vs -26.9%.
Is FTNT's lead over VRNS getting stronger or weaker?
FTNT lead: Weakening — the AIQ differential moved from 19 to 9 points over 30 sessions. This is measured from 120 daily comparison snapshots between 2026-04-24 and 2026-09-05. The lead has not changed hands in that window.
What would change the FTNT vs VRNS verdict?
The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: VRNS closes the Quality gap — currently 52 points behind, the largest single contributor to FTNT's edge; VRNS's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend; FTNT's conflicting signal state resolves bearish — it currently carries 2 bullish and 1 bearish rules at once; the narrowing continues — the lead has already given back 10 points over 30 sessions, and a further 9-point move would eliminate FTNT's advantage entirely.
What do the current signals say about FTNT and VRNS?
FTNT: 2 bullish / 1 bearish / 1 neutral, conflicted. VRNS: 4 bullish / 0 bearish / 2 neutral. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on FTNT is Golden Cross Active (bullish, long horizon). On VRNS it is Golden Cross Active (bullish, long horizon).
Compare FTNT and VRNS with others
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.