F5 Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

F5, Inc. FFIV will release earnings results for its fourth quarter, after the closing bell on Monday, Oct. 28.

Analysts expect the Seattle, Washington-based bank to report quarterly earnings at $3.45 per share, down from $3.50 per share in the year-ago period. F5 projects to report revenue of $730.39 million for the recent quarter, compared to $706.97 million a year earlier, according to data from Benzinga Pro.

F5 recently disclosed the launch of BIG-IP Next for Kubernetes, an AI-driven application delivery and security solution.

F5 shares gained 1.6% to close at $216.87 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Goldman Sachs analyst Michael Ng maintained a Neutral rating and raised the price target from $185 to $212 on Sept. 24. This analyst has an accuracy rate of 72%.
• Evercore ISI Group analyst Amit Daryanani maintained an In-Line rating and boosted the price target from $180 to $210 on July 30. This analyst has an accuracy rate of 78%.
• RBC Capital analyst Matthew Hedberg maintained a Sector Perform rating and raised the price target from $182 to $205 on July 30. This analyst has an accuracy rate of 72%.
• JP Morgan analyst Samik Chatterjee maintained a Neutral rating and boosted the price target from $210 to $215 on July 30. This analyst has an accuracy rate of 71%.
• Barclays analyst Tim Long maintained an Equal-Weight rating and raised the price target from $189 to $214 on July 30. This analyst has an accuracy rate of 75%.

Considering buying FFIV stock? Here’s what analysts think:

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