On Oct 30, major Wall Street analysts update their ratings for $F5 Inc (FFIV.US)$, with price targets ranging from $230 to $285.
Morgan Stanley analyst Meta Marshall maintains with a hold rating, and adjusts the target price from $200 to $230.
J.P. Morgan analyst Samik Chatterjee maintains with a hold rating, and adjusts the target price from $225 to $250.
BofA Securities analyst Tal Liani maintains with a sell rating.
Barclays analyst Tim Long maintains with a hold rating, and adjusts the target price from $214 to $246.
Evercore analyst Amit Daryanani maintains with a hold rating, and adjusts the target price from $210 to $240.
Furthermore, according to the comprehensive report, the opinions of $F5 Inc (FFIV.US)$'s main analysts recently are as follows:
The emphasis of the recent quarterly performance for F5 Networks lies in the notable software growth in Q4, which surged by 19% year-over-year, considerably surpassing the anticipated 6.4%. Despite the stock's impressive 46% rise over the past year, concerns remain regarding the anticipated growth rate and the quality of revenue growth, leading to an unfavorable view on the stock's attractiveness.
F5 Networks' steady growth in software is expected to contribute to a potential reevaluation of the company's shares as it continues its shift towards a software-centric business model.
F5 Networks' Q4 results surpassed expectations, largely due to software performance, with an improved outlook influenced by a somewhat more favorable enterprise spending scenario and anticipated share gains alongside impending price hikes. Nevertheless, given the stock's approximate 20% rise in the past three months, a stronger belief in the software narrative is necessary to further elevate the valuation multiple.
F5 Networks' September quarter outcomes exceeded expectations on both revenue and earnings, driven by robust software performance. Sales growth is projected to reach 4.5% by fiscal 2025, bolstered by the sustained strength in software and a recovery in systems from their low point.
F5 Networks concluded its fiscal year on a strong note, surpassing general expectations and its own guidance on key financial indicators. The company's initial guidance for FY25 also exceeded expectations. The consistent performance and raised outlook are positive signals, though there is an awareness of the heavier emphasis on the latter half of the year, anticipated new business, and current stock valuation.
Here are the latest investment ratings and price targets for $F5 Inc (FFIV.US)$ from 7 analysts:
Note:
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