F5 (NASDAQ:FFIV) Given New $540.00 Price Target at Royal Bank Of Canada

F5 (NASDAQ:FFIV) had its price target upped by Royal Bank Of Canada from $525.00 to $540.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the network technology company’s stock. Royal Bank Of Canada‘s price objective would suggest a potential upside of 45.78% from the company’s previous close.

A number of other research firms have also recently commented on FFIV. Zacks Research cut F5 from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Wells Fargo & Company set a $500.00 target price on F5 in a research note on Wednesday. Weiss Ratings upgraded F5 from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. JPMorgan Chase & Co. boosted their target price on shares of F5 from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Finally, Evercore restated an “outperform” rating on shares of F5 in a report on Wednesday. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $439.33.

F5 Stock Down 19.4%

Shares of NASDAQ FFIV traded down $88.94 during mid-day trading on Wednesday, hitting $370.42. 1,572,078 shares of the company’s stock traded hands, compared to its average volume of 716,290. The company’s 50-day moving average is $430.37 and its two-hundred day moving average is $361.39. F5 has a 1 year low of $223.76 and a 1 year high of $483.30.

F5 (NASDAQ:FFIV) last released its quarterly earnings results on Tuesday, October 27th. The network technology company reported $4.42 EPS for the quarter, topping the consensus estimate of $4.26 by $0.16. The company had revenue of $917.43 million during the quarter, compared to analysts’ expectations of $884.03 million. During the same quarter in the prior year, the business posted $4.39 EPS. The company’s revenue was up 13.2% on a year-over-year basis. On average, equities research analysts anticipate that F5 will post 13.65 EPS for the current fiscal year.

F5 announced that its Board of Directors has authorized a share buyback plan on Tuesday, October 27th that permits the company to repurchase $1.50 billion in shares. This buyback authorization permits the network technology company to buy shares of its stock through open market purchases. Share buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at F5

In related news, CEO Francois Locoh-Donou sold 3,782 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $412.44, for a total transaction of $1,559,848.08. Following the completion of the sale, the chief executive officer directly owned 146,989 shares in the company, valued at $60,624,143.16. This represents a 2.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Michael F. Montoya sold 4,426 shares of F5 stock in a transaction on Monday, September 14th. The stock was sold at an average price of $410.16, for a total transaction of $1,815,368.16. Following the completion of the transaction, the chief technology officer directly owned 1,309 shares in the company, valued at $536,899.44. This represents a 77.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 16,829 shares of company stock worth $6,815,302 over the last quarter. Insiders own 0.48% of the company’s stock.

Institutional Trading of F5

Large investors have recently bought and sold shares of the stock. SJS Investment Consulting Inc. raised its holdings in shares of F5 by 963.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 117 shares of the network technology company’s stock worth $34,000 after acquiring an additional 106 shares during the period. Persistent Asset Partners Ltd acquired a new position in shares of F5 in the second quarter valued at approximately $36,000. Bell Investment Advisors Inc purchased a new stake in shares of F5 during the second quarter worth $49,000. Elevation Wealth Partners LLC grew its stake in F5 by 373.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 123 shares of the network technology company’s stock worth $51,000 after purchasing an additional 97 shares in the last quarter. Finally, Root Financial Partners LLC increased its holdings in F5 by 91.4% during the 1st quarter. Root Financial Partners LLC now owns 201 shares of the network technology company’s stock worth $58,000 after purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Key Stories Impacting F5

Here are the key news stories impacting F5 this week:

• Positive Sentiment: F5 reported fourth-quarter revenue of $917.4 million, up 13.2% year over year and above the $884.0 million analyst consensus. Adjusted earnings of $4.42 per share also exceeded expectations of approximately $4.24–$4.26. F5 Reports Fourth Quarter Results with 23% Product Revenue Growth
• Positive Sentiment: Product revenue increased 23%, marking the ninth consecutive quarter of double-digit product growth and signaling continued demand for F5’s application and API delivery and security offerings. F5 Q4 2026 Earnings
• Positive Sentiment: F5 authorized a $1.5 billion share-repurchase program. The expanded buyback may support per-share results and indicates management believes the stock is undervalued. F5 Expands Buyback Authorization
• Positive Sentiment: Barclays and Morgan Stanley raised their F5 price targets to $428 and $448, respectively, reflecting continued analyst support following the results. Barclays Raises F5 Price Target Morgan Stanley Raises F5 Price Target
• Negative Sentiment: The primary pressure on FFIV is fiscal 2027 revenue guidance that implies some deceleration from the company’s recent growth rate. Investors appear to have treated the outlook as insufficiently strong relative to elevated expectations, outweighing the quarterly beat. F5 Fiscal 2027 Guidance

About F5

F5, Inc (NASDAQ: FFIV) provides application delivery, security and traffic management solutions for enterprises, service providers and public-sector organizations. Its offerings are designed to help customers secure, optimize and manage applications and application programming interfaces (APIs) across data centers, private and public clouds, and edge environments.

The company’s portfolio includes BIG-IP software and appliances, NGINX application delivery and web server technologies, and F5 Distributed Cloud services.