F5 Networks (FFIV) cut at BofA on system risks

BofA Securities Downgrades F5 Networks (FFIV) to Underperform; 'Software and systems risk'

(Updated - October 26, 2023 8:27 AM EDT)

BofA Securities analyst Tal Liani downgraded F5 Networks (NASDAQ: FFIV) from Neutral to Underperform with a price target of $160.00 (from $165.00).

The analyst commented, "F5s stock has underperformed NASDAQ in four of the last... More

F5 Networks (FFIV) PT Lowered to $175 at Needham & Company

Needham & Company analyst Alex Henderson lowered the price target on F5 Networks (NASDAQ: FFIV) to $175.00 (from $180.00) while maintaining a Buy rating.... More

F5 Networks (FFIV) PT Lowered to $160 at RBC Capital

RBC Capital analyst Matthew Hedberg lowered the price target on F5 Networks (NASDAQ: FFIV) to $160.00 (from $173.00) while maintaining a Sector Perform rating.... More

F5 Networks (FFIV) PT Raised to $163 at Barclays

Barclays analyst Tim Long raised the price target on F5 Networks (NASDAQ: FFIV) to $163.00 (from $162.00) while maintaining a Equalweight rating.... More

F5 Networks (FFIV) PT Lowered to $186 at KeyBanc

KeyBanc analyst Michael Turits lowered the price target on F5 Networks (NASDAQ: FFIV) to $186.00 (from $193.00) while maintaining a Overweight rating.... More

F5 forecasts weak annual revenue on sluggish IT spending

(Reuters) - Cybersecurity and cloud services company F5 on Tuesday forecast fiscal 2024 revenue below Wall Street estimates, signaling that businesses were tightening tech spending amid an uncertain economic outlook.

The company has transitioned to a model that prioritizes software and subscription services but sluggish IT spending has proved a roadblock.... More

F5 Networks annual revenue guidance falls short after Q4 results beat estimates

Investing.com -- F5 Networks reported Tuesday annual revenue guidance that fell just shy of Wall Street estimates despite delivering better-than-expected fiscal fourth-quarter results amid an ongoing boost from its transition away from hardware to services and software.... More

F5 Networks (FFIV) Tops Q4 EPS by 29c, Offers Guidance

F5 Networks (NASDAQ: FFIV) reported Q4 EPS of $3.50, $0.29 better than the analyst estimate of $3.21. Revenue for the quarter came in at $707 million versus the consensus estimate of $701.45 million.

GUIDANCE:

F5 Networks sees Q1 2024 EPS of $2.97-$3.09, versus the consensus of... More