The F5 wins and refreshes with Multi-Cloud, AI security, and analysts predict more advantages.
The F5 Inc (NASDAQ: FFIV) shares reported on the first quarter of financial results, which exceeded expectations, and issued a strong second quarter of revenue guidance, and is traded on Wednesday.
The F5 reported that the first quarter revenue was $ 766.49 million ($ 692.6 million compared to the previous year), with an analyst consensus estimation of $ 7150.41 million. The $ 3.84 EPS broke the analyst consensus estimation of $ 3.36.
Also read: ADP Q2 Revenue: Revenue and EPS beat, recording client satisfaction, powerful HCM demand, FY25 outlook
The F5 estimated $ 3.025 million, a $ 3.02 to $ 3.14 EPS for $ 3.025 million, $ 3.025 million, with $ 3.025 million estimates. We are anticipation of revenue. Wall Street analysts have responded to stocks in the exciting revenue season.
Several analysts have raised prices:
Piper Sandler analyst James Fish has maintained the f5 in neutral and raised the price target from $ 246 to $ 304.
Needum’s analyst Matt Dazote repeatedly buys the F5 and raised the price target from $ 285 to $ 360.
Raymond James’s analyst Simon Leopold has put F5 on hold.
RBC Capital Analyst Matthew Hedberg repeated F5 with sector performance evaluation and raised the price target from $ 260 to $ 310.
JP Morgan Analyst Samock Chatadie has maintained a neutral evaluation in F5 and maintains $ 250 to $ 296.
Piper Sandler: The shares acquired after F5 reported the most prominent beats in the company’s history are budgets, data centers updates, vendors integration, competition confusion (Citrix), AI -related demand, and prices. It also increases with hardware and software as a whole, considering a part of the demand.
Considering all the movable parts and advantages from the non -repetitive sources, the question is concentrated on the sustainability of growth (for the peak). Many drivers reflect the theme of fish in 2025, and reflect the updated guides that are happening in the environment.
Fish predicted $ 7189 million, the second quarter of the second quarter and $ 3.14 EPS.
Needum: F5 posted an impressive first -quarter beat, guided the second quarter of revenue, and raised a year -old guidance as new opportunities have spread to hybrid/multi -cloud and GENAI. Update activities and improve competitive dynamics.
F5 called for records of records in the first quarter of the number of records.
DEZORT predicted the second quarter of $ 719.85 million and $ 3.08 EPS.
Raymond James: The first quarter report reflects important beats and higher year prospects. Although the expansion rate exceeding the forecast has helped software growth, the hardware revenue has brought the greatest surprise in the quarter of the year, exceeding two -thirds of the product in response to Leopold’s estimation.
The story will continue
Management believes that the growth of powerful hardware is due to acceleration beyond the expectations of customers who refresh the aging hardware footprint. Despite the robust first quarter, the basic story of business mix far away from hardware has not changed.
F5 products continue to be sticky in the customer base and help promote further adoption of hybrid cloud development, but may amplify the rugged results in the immediate period.
Leopold predicted $ 7189 million, the second quarter of the second quarter and $ 3.13 EPS.
RBC Capital: F5 reported powerful results with out -performance overall as software revenue increased by 22 % and system revenue increased by 18 %. Positive includes an improved IT spending environment, a solid refreshing abrasion, a secular tailwear around AI, and an optimistic outlook.
Guidance is higher because the mid -point accounting income and software revenue pointed to 6.5 % and 10 %+ y compared to prior expectations of 4.5 % and high girder girder. Ta. Hedberg is impressed by the integrity and relevance of the company in the hybrid cloud world.
Hedberg predicted $ 715 million’s second quarter revenue and $ 3.08 EPS.
JP Morgan: F5 is operating in an uneven macro background in order to support competitive victory and integrate customer wallet share by the robust functions of multi -cloud and AI. , It has begun to achieve consistency when performing the result.
On the surface, the spending of the enterprise IT is still inadequate, but the increase in complexity that manages the multi -cloud environment is F5, considering the depth and width of its function than the closest competitors. Promotes customers to solutions.
Regarding these victorys, F5 is looking at a significant expansion of transactions with customers in the update.
Furthermore, by managing the complexity of Enterprise customers around the AI on the horizon, F5 supports RAG’s safe data distribution and safe API access data distribution, and the load balance of AI cluster is NVIDIA. We are waiting for the opportunity to use the partnership. In the future, the size of the transaction will be small at this point, but it may expand (because F5 is already seen by one customer), it will be a more important propulsion for growth in the medium term. Masu.
F5, led by a robust portfolio that supports AI for customers, can balance the power of powerful business and the increase in prices of the entire software, and the F5 solution with the customer to the stickiness of the F5 solution. Visuality will be further improved. Chatterjee predicted $ 7755 million in the second quarter of the second quarter and $ 3.08.
Price Action: FFIV shares increased by 10.8 % for $ 299.00 on Wednesday.
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On
February 2022
Loop capital
Start coverage
buy
January 2022
City group
Maintain
neutral
January 2022
Credit Switzerland
Maintain
Outponement
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In this article F5, we see a great victory with multi -cloud, AI security. Please refresh.
