JP Morgan maintains Neutral on F5, raises PT to $305 from $285.

JP Morgan maintains Neutral on F5, raises PT to $305 from $285.

JP Morgan has revised its price target for F5 Networks (FFIV) to $305 from $285, while maintaining a Neutral rating on the stock. The adjustment reflects the firm's anticipation of substantial gains in the latter half of 2025, driven by strong cloud investment. Despite this positive outlook, JPMorgan notes that certain customer sectors remain vulnerable to broader economic conditions, requiring close observation [1].

The average target price for F5 Inc (FFIV) according to analysts is $297.72, with a high estimate of $340.00 and a low estimate of $260.00. The consensus brokerage recommendation is a Hold status, indicating a neutral stance on the stock [2].

In the latest quarter, F5 Networks reported a 7% total revenue growth, with product revenue growing by 12% and systems revenue by 27%. The company also delivered a Q2 non-GAAP EPS of $3.42, representing an 18% year-over-year growth. F5 Networks raised its FY25 revenue growth guidance to a range of 6.5% to 7.5% [2].

However, the company faces macroeconomic uncertainties and potential deceleration in hardware growth in the second half of the year. Additionally, the renewal cycle for software subscriptions is heavily weighted towards the second half of the fiscal year, which could lead to uneven revenue recognition [2].

References:
[1] https://www.tipranks.com/news/the-fly/f5-networks-price-target-raised-to-305-from-285-at-jpmorgan-thefly?mod=mw_quote_news
[2] https://www.gurufocus.com/news/2983585/jpmorgan-adjusts-f5-networks-ffiv-price-target-amid-cloud-spending-growth-ffiv-stock-news