香港股市 將收市,收市時間:48 分鐘
  • 恒指

    18,875.89
    +278.66 (+1.50%)
     
  • 國指

    6,441.28
    +66.84 (+1.05%)
     
  • 上證綜指

    3,165.47
    +14.14 (+0.45%)
     
  • 滬深300

    3,894.77
    +41.73 (+1.08%)
     
  • 美元

    7.7855
    -0.0242 (-0.31%)
     
  • 人民幣

    0.9055
    -0.0016 (-0.18%)
     
  • 道指

    34,589.77
    +737.24 (+2.18%)
     
  • 標普 500

    4,080.11
    +122.48 (+3.09%)
     
  • 納指

    11,468.00
    +484.22 (+4.41%)
     
  • 日圓

    0.0571
    +0.0008 (+1.51%)
     
  • 歐元

    8.1450
    +0.0267 (+0.33%)
     
  • 英鎊

    9.4290
    +0.0140 (+0.15%)
     
  • 紐約期油

    80.34
    -0.21 (-0.26%)
     
  • 金價

    1,793.30
    +33.40 (+1.90%)
     
  • Bitcoin

    17,108.77
    +226.34 (+1.34%)
     
  • CMC Crypto 200

    405.27
    +4.57 (+1.14%)
     

F5 Could More Than Double As Solid Demand Trends Continue & Supply Constrains Start To Ease, Needham Says

  • Needham analyst Alex Henderson reiterated a Buy and $303 price target on F5, Inc (NASDAQ: FFIV).

  • F5 was careful not to update conditions post its last earnings call, but he sensed that demand was vital for Security and Systems.

  • Supply remains a significant constraint and has not improved materially, but it seems there was improvement at the margin.

  • F5 highlights solid redesign progress, which should start to help in the FY1Q/CY4Q quarter and ramp across FY23.

  • Also ReadAI 'Transformed' This Networking Firm. Cisco May Want To Take Note, Analyst Says 

  • In addition, the software/feature work on the new rSeries systems continues to make solid progress and is gradually opening customer sales opportunities.

  • On Security and Software, F5 is pretty straightforward.

  • Demand remains strong, the pipeline is robust, and the macro conditions are not impacting the trajectory.

  • FFIV shares have corrected more than other networking names, and surprisingly, based on his estimates, FFIV trades at a discount to Extreme Networks, Inc (NASDAQ: EXTR) and Juniper Networks, Inc (NYSE: JNPR) on CY23 EV/E and Cisco Systems, Inc (NASDAQ: CSCO) on CY24.

  • Price Action: FFIV shares traded lower by 2.20% at $142.46 on the last check Friday.

Latest Ratings for FFIV

Date

Firm

Action

From

To

Feb 2022

Loop Capital

Initiates Coverage On

Buy

Jan 2022

Citigroup

Maintains

Neutral

Jan 2022

Credit Suisse

Maintains

Outperform

View More Analyst Ratings for FFIV

View the Latest Analyst Ratings

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.