Top Wall Street Forecasters Revamp F5 Price Expectations Ahead Of Q3 Earnings
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their price targets for F5, Inc. (NASDAQ:FFIV) ahead of its Q3 earnings release on July 29. Analysts expect earnings of $2.97 per share, down from $3.21 a year ago, and revenue of $685.76 million. The stock closed at $177.34, up 2.1%.
July 29, 2024 | 2:38 pm
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F5, Inc. (NASDAQ:FFIV) is set to release its Q3 earnings on July 29. Analysts expect a decline in EPS to $2.97 from $3.21 last year, with revenue projected at $685.76 million. The stock recently gained 2.1% to close at $177.34. Analysts have mixed ratings, with price targets ranging from $180 to $220.
The mixed analyst ratings and the expected decline in EPS suggest a neutral short-term impact on FFIV's stock price. The recent 2.1% gain indicates some positive sentiment, but the overall outlook remains cautious.
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IMPORTANCE 80
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