Merrill Lynch analyst Merrill Lynch maintained a Hold rating on FireEye (NASDAQ:FEYE) Inc on Wednesday, setting a price target of $15.5, which is approximately 15.84% above the present share price of $13.38.
expects FireEye Inc to post earnings per share (EPS) of -$0.35 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in FireEye, with an average price target of $16.85.
The analysts price targets range from a high of $20 to a low of $14.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $224.72 million and a net profit of -$52 million. The company's market cap is $3.53 billion.
According to TipRanks.com, Merrill Lynch analyst Merrill Lynch is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.3% and a 58.24% success rate.
FireEye, Inc. operates as a intelligence-led security company. The firm engages in the intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other. Its solutions include Enterprise Security; Managed Security; Threat Intelligence; and Industry Solutions. The company was founded by Ashar Aziz in February 2004 and is headquartered in Milpitas, CA.