F5 (NASDAQ:FFIV) Stock Price Target Raised at Royal Bank Of Canada

F5 (NASDAQ:FFIV – Get Free Report) had its target price hoisted by investment analysts at Royal Bank Of Canada from $525.00 to $540.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the network technology company’s stock. Royal Bank Of Canada‘s target price suggests a potential upside of 45.78% from the stock’s current price.

A number of other research firms have also issued reports on FFIV. Zacks Research lowered F5 from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Wall Street Zen raised F5 from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings raised F5 from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Morgan Stanley upped their price objective on F5 from $380.00 to $415.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of F5 in a research note on Tuesday, July 28th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $439.33.

Check Out Our Latest Stock Report on FFIV

F5 Trading Down 19.4%

Shares of NASDAQ:FFIV traded down $88.94 on Wednesday, hitting $370.42. 1,572,078 shares of the company’s stock were exchanged, compared to its average volume of 716,290. The firm’s 50-day moving average is $430.37 and its 200 day moving average is $361.39. F5 has a 1-year low of $223.76 and a 1-year high of $483.30.

F5 (NASDAQ:FFIV – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The network technology company reported $4.42 EPS for the quarter, topping the consensus estimate of $4.26 by $0.16. The company had revenue of $917.43 million for the quarter, compared to analyst estimates of $884.03 million. F5’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.39 earnings per share. As a group, analysts anticipate that F5 will post 13.65 earnings per share for the current fiscal year.

F5 declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 27th that permits the company to buy back $1.50 billion in outstanding shares. This buyback authorization permits the network technology company to purchase shares of its stock through open market purchases. Share buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insider Activity

In other F5 news, insider John Maddison sold 204 shares of the stock in a transaction 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 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 sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Kunal Anand sold 392 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $404.63, for a total value of $158,614.96. Following the sale, the chief technology officer owned 12,586 shares in the company, valued at $5,092,673.18. This trade represents a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 16,829 shares of company stock valued at $6,815,302 in the last 90 days. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On F5

Several hedge funds have recently modified their holdings of FFIV. BlackRock Inc. purchased a new stake in F5 in the second quarter valued at approximately $2,611,637,000. Robeco Institutional Asset Management B.V. raised its stake in F5 by 23.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 732,219 shares of the network technology company’s stock worth $325,969,000 after purchasing an additional 141,131 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of F5 by 24.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 726,844 shares of the network technology company’s stock valued at $302,338,000 after purchasing an additional 144,534 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of F5 by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 603,086 shares of the network technology company’s stock valued at $174,463,000 after purchasing an additional 4,296 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in shares of F5 during the 2nd quarter valued at $243,865,000. 90.66% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting F5

Here are the key news stories impacting F5 this week:

  • Positive Sentiment: F5 reported fourth-quarter revenue of $917.4 million, up 13.2% year over year and above the $884.0 million analyst consensus. Adjusted earnings of $4.42 per share also exceeded expectations of approximately $4.24–$4.26. F5 Reports Fourth Quarter Results with 23% Product Revenue Growth
  • Positive Sentiment: Product revenue increased 23%, marking the ninth consecutive quarter of double-digit product growth and signaling continued demand for F5’s application and API delivery and security offerings. F5 Q4 2026 Earnings
  • Positive Sentiment: F5 authorized a $1.5 billion share-repurchase program. The expanded buyback may support per-share results and indicates management believes the stock is undervalued. F5 Expands Buyback Authorization
  • Positive Sentiment: Barclays and Morgan Stanley raised their F5 price targets to $428 and $448, respectively, reflecting continued analyst support following the results. Barclays Raises F5 Price Target Morgan Stanley Raises F5 Price Target
  • Negative Sentiment: The primary pressure on FFIV is fiscal 2027 revenue guidance that implies some deceleration from the company’s recent growth rate. Investors appear to have treated the outlook as insufficiently strong relative to elevated expectations, outweighing the quarterly beat. F5 Fiscal 2027 Guidance

About F5

(Get Free Report)

F5, Inc (NASDAQ: FFIV) provides application delivery, security and traffic management solutions for enterprises, service providers and public-sector organizations. Its offerings are designed to help customers secure, optimize and manage applications and application programming interfaces (APIs) across data centers, private and public clouds, and edge environments.

The company’s portfolio includes BIG-IP software and appliances, NGINX application delivery and web server 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.