JPMorgan Upgrades F5 to Overweight, Raises Price Target to $345
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: CNBC
- Rating Upgrade: JPMorgan upgraded F5 from neutral to overweight and raised its price target from $295 to $345, indicating a 29% upside potential, reflecting confidence in the company's recovery trajectory.
- Impact of Security Incident: Following the disclosure of a data breach on October 22, which caused a 22% drop in stock price, analysts believe the risk assessment for FY26 was overly conservative, anticipating future earnings to exceed market expectations.
- Strong Customer Activity: Despite the security incident, F5 has maintained robust customer activity by offering services like CrowdStrike Falcon Sensor and OverWatch Threat Hunting, showcasing its strong response capabilities.
- Market Expectation Reversal: Analyst Chatterjee noted that concerns about a slowdown in customer activity are overstated, predicting that after facing challenges in Q1, the business will return to a normal pace of activity, further bolstering confidence in the company's growth prospects.
Analyst Views on FFIV
Wall Street analysts forecast FFIV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FFIV is 287.56 USD with a low forecast of 260.00 USD and a high forecast of 320.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
1 Buy
8 Hold
1 Sell
Hold
Current: 269.810
Low
260.00
Averages
287.56
High
320.00
Current: 269.810
Low
260.00
Averages
287.56
High
320.00
About FFIV
F5, Inc. is a provider of multi-cloud application security and delivery solutions. The Company enables its customers to deploy, operate, secure, optimize, and govern every application and application programming interface (API) across any architecture, on-premises, in the cloud, at the edge and across hybrid, multi-cloud environments. Its enterprise-grade application services are available as hardware, software, and software-as-a-service solutions optimized for hybrid, multicloud environments, with modules that can run independently, or as part of an integrated solution on its high-performance appliances. Through its BIG-IP, F5 NGINX and F5 Distributed Cloud Services products, it offers a range of integrated, artificial intelligence- and machine learning-driven solutions that support performance and protect applications and APIs across data center, cloud, and edge locations. Its products and solutions also include F5 Distributed Cloud CDN and F5 NGINX Ingress Controller, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
