F5 Analysts Raise Their Forecasts After Upbeat Earnings
Portfolio Pulse from Lisa Levin
F5, Inc. (NASDAQ:FFIV) reported better-than-expected earnings for its third quarter, leading to a 9.9% jump in pre-market trading. The company's Q3 earnings were $3.21 per share, beating estimates of $2.86 per share. F5's Q3 sales were $702.64 million, versus expectations of $699.39 million. Analysts from Keybanc, Needham, and Barclays have raised their price targets on F5 following the earnings announcement.
July 25, 2023 | 11:47 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
F5, Inc. reported better-than-expected Q3 earnings, leading to a 9.9% jump in pre-market trading. Analysts from Keybanc, Needham, and Barclays have raised their price targets on F5.
F5, Inc. reported better-than-expected earnings for its third quarter, which is a positive signal for investors. This has led to a significant increase in the company's stock price in pre-market trading. Additionally, several analysts have raised their price targets on F5, indicating their positive outlook for the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100