Barclays (LON:BARC) analyst Tim Long maintained a Buy rating on F5 Networks (NASDAQ:FFIV) on Wednesday, setting a price target of $233, which is approximately 24.11% above the present share price of $187.74.
Long expects F5 Networks to post earnings per share (EPS) of $0.71 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in F5 Networks, with an average price target of $217.5.
The analysts price targets range from a high of $255 to a low of $165.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $645.29 million and a net profit of $53.5 million. The company's market cap is $11.19 billion.
According to TipRanks.com, Barclays analyst Tim Long is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.9% and a 66.37% success rate.
F5 Networks, Inc. engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company was founded on February 26, 1996 and is headquartered in Seattle, WA.