Needham analyst Alex Henderson maintained a Buy rating on F5 Networks (NASDAQ:FFIV) on Monday, setting a price target of $265, which is approximately 27.25% above the present share price of $208.25.
Henderson expects F5 Networks to post earnings per share (EPS) of $1.49 for the fourth quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in F5 Networks, with an average price target of $244.55.
The analysts price targets range from a high of $285 to a low of $215.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $651.52 million and a net profit of $96.41 million. The company's market cap is $12.56 billion.
According to TipRanks.com, Needham analyst Alex Henderson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.2% and a 68.45% 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.