Quick verdict: FTNT vs INFY in 2026

In this ftnt vs infy stock comparison 2026, Infosys (INFY) holds the overall edge, winning 7 out of 12 comparable metrics, primarily driven by its significantly more attractive valuation and potential upside. Fortinet (FTNT) stands out as the clear growth leader with robust revenue expansion and superior profitability margins, while INFY emerges as the value leader with considerably lower P/E and P/B ratios. Analysts show slightly higher conviction in FTNT with 44.1% buy ratings, yet INFY offers substantially higher implied upside according to both analyst targets and discounted cash flow models. Not investment advice.

FTNT vs INFY: key metrics side by side

Full side-by-side comparison of FTNT and INFY across valuation, profitability, growth and analyst sentiment. Data updated 2026-05-07.

FTNT vs INFY valuation comparison

When considering ftnt vs infy fundamentals and valuation, Infosys (INFY) presents a significantly more attractive proposition on several key metrics. INFY trades at a P/E ratio of 14.96x, which is considerably lower than Fortinet’s (FTNT) P/E of 34.0x. This suggests that investors are paying significantly less for each dollar of earnings with INFY compared to FTNT. Similarly, the P/B ratio highlights a stark contrast: FTNT’s P/B is an elevated 67.15x, while INFY’s is a modest 5.07x. This indicates that INFY’s stock price is much closer to its book value, implying a more grounded valuation.

The discounted cash flow (DCF) models further underscore INFY’s potential value. INFY currently boasts an impressive implied DCF upside of +156.2%, suggesting substantial undervaluation based on its future cash flow projections. In contrast, FTNT’s DCF analysis indicates a more modest upside of +11.3%. While FTNT is a growing company in a high-demand sector, its current valuation metrics suggest it is trading at a premium. For investors prioritizing value and potential for significant price appreciation based on intrinsic value, INFY appears to be the cheaper stock offering a much larger margin of safety and upside potential.

FTNT vs INFY growth comparison

In terms of growth, Fortinet (FTNT) demonstrates stronger momentum compared to Infosys (INFY). FTNT reported a revenue growth of +14.2% year-over-year, which is significantly higher than INFY’s +4.6% revenue growth. This indicates that Fortinet, a leader in cybersecurity solutions, is expanding its top-line at a much faster pace, likely benefiting from sustained demand in its market segment. While both operate within the broader technology sector, FTNT’s specialized focus appears to be yielding more dynamic revenue expansion.

Beyond top-line growth, FTNT also exhibits superior operational efficiency, which can contribute to sustainable growth. Its net margin stands at an impressive 27.49% and EBITDA margin at 34.8%. Infosys, while having a larger revenue base of $20.16B compared to FTNT’s $6.80B, operates with lower margins, posting a net margin of 16.44% and an EBITDA margin of 24.47%. This suggests that FTNT is not only growing faster but is also more effective at converting its revenue into profit, which is a crucial aspect for long-term compounding.

FTNT vs INFY profitability

When analyzing ftnt vs infy profitability, Fortinet (FTNT) clearly leads with superior net and EBITDA margins. FTNT’s net margin of 27.49% is considerably higher than INFY’s 16.44%, indicating that Fortinet retains a larger percentage of its revenue as profit after all expenses. Similarly, FTNT’s EBITDA margin of 34.8% outpaces INFY’s 24.47%. These figures highlight Fortinet’s strong pricing power and efficient cost management within its cybersecurity niche, contributing to a more robust earnings profile.

However, a different picture emerges when looking at free cash flow generation relative to market value. While both companies have an N/A% for Return on Equity (ROE), making direct comparison on this specific metric impossible with the provided data, INFY boasts a significantly higher Free Cash Flow (FCF) yield of 7.43% compared to FTNT’s 3.66%. This suggests that Infosys generates more cash flow per dollar of its stock price, which can be attractive for investors focused on a company’s ability to generate liquidity and potentially return capital. Therefore, while FTNT is more profitable on a margin basis, INFY currently offers a more attractive FCF yield.

Analyst ratings: FTNT vs INFY

Examining analyst sentiment for ftnt vs infy stock comparison 2026 reveals nuanced perspectives. Fortinet (FTNT) is covered by a larger number of analysts, 68 in total, with a respectable 44.1% issuing a ‘Buy’ rating. The consensus among analysts is ‘Hold’, with an average price target of $87.59, which actually represents a slight downside of -2.6% from its current price of $89.95. This suggests that while a significant portion of analysts see value, the overall consensus implies limited immediate upside from current levels.

Infosys (INFY), on the other hand, is covered by 40 analysts, with 37.5% recommending a ‘Buy’. Similar to FTNT, the overall consensus for INFY is also ‘Hold’. However, the analyst price target for INFY is $16.9, representing a substantial upside of +33.7% from its current price of $12.64. This indicates that while fewer analysts have a ‘Buy’ rating for INFY compared to FTNT, those who do, and the collective target price, project considerably greater potential for appreciation. This aligns with INFY’s strong DCF upside, presenting a potentially more compelling risk/reward from the perspective of future price movement.

Should I buy FTNT or INFY stock in 2026?

Deciding whether should i buy ftnt or infy stock 2026 largely depends on an investor’s specific objectives and risk tolerance. For growth-oriented investors, Fortinet (FTNT) presents a compelling case. Its robust revenue growth of +14.2% year-over-year, significantly higher than INFY’s +4.6%, coupled with superior net and EBITDA margins (27.49% and 34.8% respectively), indicates a company with strong operational momentum and efficiency in a high-demand cybersecurity market. If you prioritize rapid top-line expansion and strong profitability, FTNT’s profile aligns well with growth investment strategies.

Conversely, value investors focused on ftnt vs infy fundamentals and valuation will likely find Infosys (INFY) more appealing. INFY’s P/E ratio of 14.96x and P/B ratio of 5.07x are substantially lower than FTNT’s 34.0x and 67.15x, respectively, suggesting a more attractive entry point based on current earnings and assets. Furthermore, INFY’s impressive DCF upside of +156.2% and an analyst target upside of +33.7% point to significant potential for price appreciation if the market recognizes its intrinsic value. Additionally, INFY offers a higher Free Cash Flow yield of 7.43%, which could appeal to investors looking for strong cash generation.

For income-focused investors, neither FTNT nor INFY offers a substantial dividend yield. FTNT currently yields 0%, while INFY provides a minimal 0.04% dividend yield. Therefore, neither stock would be a primary choice for those seeking regular, significant dividend income. Overall, if you’re seeking strong growth and high margins, FTNT might be the better fit. If you’re looking for a potentially undervalued stock with significant upside potential based on valuation metrics, INFY could be the more suitable choice. This is not investment advice; always conduct your own thorough research.

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FAQ: FTNT vs INFY