F5 (NASDAQ:FFIV) Price Target Raised to $525.00

F5 (NASDAQ:FFIV – Free Report) had its price objective lifted by Royal Bank Of Canada from $508.00 to $525.00 in a report published on Monday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the network technology company’s stock.

Other analysts also recently issued reports about the stock. Weiss Ratings raised shares of F5 from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. JPMorgan Chase & Co. raised their price objective on F5 from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a research note on Tuesday, July 28th. Piper Sandler reiterated an “overweight” rating and issued a $461.00 price objective (up from $423.00) on shares of F5 in a report on Tuesday, July 28th. Finally, Morgan Stanley boosted their target price on F5 from $380.00 to $415.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 28th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $426.00.

Read Our Latest Stock Report on FFIV

F5 Stock Performance

Shares of FFIV opened at $457.26 on Monday. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 36.41, a PEG ratio of 4.51 and a beta of 1.03. F5 has a fifty-two week low of $223.76 and a fifty-two week high of $483.30. The firm has a 50 day moving average price of $421.85 and a 200-day moving average price of $387.82.

F5 (NASDAQ:FFIV – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The network technology company reported $4.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.00 by $0.73. F5 had a net margin of 21.95% and a return on equity of 21.54%. The company had revenue of $865.08 million during the quarter, compared to analysts’ expectations of $834.60 million. During the same quarter in the prior year, the company earned $4.16 EPS. The firm’s revenue was up 10.9% on a year-over-year basis. F5 has set its Q4 2026 guidance at 4.140-4.260 EPS and its FY 2026 guidance at 17.210-17.330 EPS. As a group, equities research analysts predict that F5 will post 13.65 earnings per share for the current year.

Insider Buying and Selling

In other F5 news, insider John Maddison sold 204 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $406.24, for a total transaction of $82,872.96. Following the completion of the transaction, the insider owned 1,149 shares of the company’s stock, valued at $466,769.76. This represents a 15.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Michael F. Montoya sold 4,426 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $410.16, for a total value of $1,815,368.16. Following the completion of the sale, the chief technology officer owned 1,309 shares of the company’s stock, valued at approximately $536,899.44. This trade represents a 77.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 16,829 shares of company stock valued at $6,815,302 over the last ninety days. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On F5

A number of hedge funds and other institutional investors have recently made changes to their positions in FFIV. iA Global Asset Management Inc. purchased a new stake in shares of F5 in the first quarter worth $6,469,000. Bank of America Corp DE bought a new position in shares of F5 during the second quarter valued at $70,355,000. Hsbc Holdings PLC increased its holdings in shares of F5 by 24.8% during the fourth quarter. Hsbc Holdings PLC now owns 581,855 shares of the network technology company’s stock valued at $148,580,000 after acquiring an additional 115,639 shares in the last quarter. BlackRock Inc. purchased a new position in shares of F5 in the 2nd quarter worth about $2,611,637,000. Finally, Talos Eurisko Asset Management LP bought a new position in F5 in the 4th quarter worth about $18,215,000. Institutional investors own 90.66% of the company’s stock.

About F5

(Get Free Report)

F5, Inc develops application delivery, security and management technologies that help organizations deploy, protect and optimize applications across data centers, public clouds, edge environments and distributed networks. Its offerings are designed to support application availability, performance, scalability and security across hybrid and multi-cloud architectures.

The company’s portfolio includes BIG-IP application delivery and security solutions, NGINX web and application delivery technologies, and F5 Distributed Cloud services.

Further Reading

Analyst Recommendations for F5 (NASDAQ:FFIV)

Receive News & Ratings for F5 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F5 and related companies with MarketBeat.com's FREE daily email newsletter.