Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; and NorthStar controllers. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus environments; QFX series of core, spine, and top-of-rack data center switches; and juniper access points, which provide wireless access and performance. In addition, the company offers security products comprising SRX series services gateways for the data center; Branch SRX family provides an integrated firewall and next-generation firewall; virtual firewall that delivers various features of physical firewalls; and advanced malware protection, a cloud-based service and Juniper ATP. Further, it offers Junos OS, a network operating system; Contrail networking and cloud platform, which provides an open-source and standards-based platform for SDN and NFV; Contrail Insights, an optimization and management software platform for public, private, and hybrid clouds; Mist AI-driven Wired, Wireless, and WAN assurance solutions to set and measure key metrics; Mist AI-driven Marvis Virtual Network Assistant, which identifies the root cause of issues; and Netrounds, a software-based active test and service assurance platform. Additionally, the company provides software-as-a-service, technical support, maintenance, and professional services, as well as education and training programs. It sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturers to end-users in the cloud, service provider, and enterprise markets. The company was incorporated in 1996 and is headquartered in Sunnyvale, California.
IPO Year: 1999
Exchange: NYSE
Website: juniper.net
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/24/2024 | $40.00 | Neutral | Citigroup |
6/18/2024 | Hold → Buy | Argus | |
10/10/2023 | $32.00 → $29.00 | Overweight → Neutral | JP Morgan |
7/24/2023 | $38.00 → $37.00 | Strong Buy → Outperform | Raymond James |
7/20/2023 | $31.00 | Neutral | Exane BNP Paribas |
6/30/2023 | $38.00 | Buy | Citigroup |
3/30/2023 | $34.00 → $38.00 | In-line → Outperform | Evercore ISI |
3/7/2023 | Buy | Goldman | |
10/21/2022 | $36.00 → $37.00 | Outperform → Strong Buy | Raymond James |
10/18/2022 | $27.00 → $29.00 | Underweight → Neutral | Piper Sandler |
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Accelerated time-to-value with assured Networking for AI configurations using Juniper, AMD, Broadcom, Intel, NVIDIA Juniper Networks® (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced the first and most comprehensive multivendor lab for validating end-to-end automated AI Data Center solutions and automated operations with switching, routing, storage and compute solutions from leading vendors, as well as new Juniper Validated Designs (JVDs) that accelerate the time-to-value in deploying AI clusters. In addition, Juniper is releasing new key software enhancements that optimize the performance and management of AI workloads over Ethernet. Through these Operations for AI—
Juniper's converged optical routing solutions deliver scalability and performance, revolutionizing space, power and cost efficiency for the service provider Juniper Networks® (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that Summit Communications, a leading end-to-end infrastructure service provider in Bangladesh, has selected its PTX Series Routers for 400G Converged Optical Routing solution upgrades to serve as the foundation of Summit's core network. This will enable seamless network capacity expansion and efficient delivery of enhanced connectivity over hundreds of kilometers to various points of presence (PoPs) across the country. Over the past decade, Bangl
Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that effectively immediately, Jean English has been named Senior Vice President and Chief Marketing Officer. Ms. English will lead an award-winning global marketing organization that is highly data-driven, results-oriented, ROI-focused and plays a strategic role in Juniper's growth. Juniper has experienced unprecedented growth across all business verticals in recent years as customers increasingly look to cloud-delivered, AI-driven and secure solutions to power their strategic evolution toward delivering better digital experiences. Ms. English joins Juniper with a strong track record of successfully buil
Chris Kaddaras will Lead Sales and Field Operations Globally for the Company Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, announced today that effective October 17, 2022, Chris Kaddaras has been named Executive Vice President and Chief Revenue Officer, reporting to Chief Executive Officer, Rami Rahim. Mr. Kaddaras will be responsible for continuing Juniper's sales growth momentum and driving the strategic and operational elements of the sales and partner functions for the company. Mr. Kaddaras will lead a global organization that includes direct and indirect sales, systems engineering, advanced technologies sales and field operations. "I've watched Juniper change
Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that it has appointed Steve Fernandez to its Board of Directors, effective May 11, 2022. Since 2020, Steve has served as the Global Chief Technology Officer of AIG, a leading global insurance organization, where he is responsible for developing the technology vision and operations of the enterprise. Prior to this role, he was the CTO of L'Oréal in Paris, France and led the global transformation of the company, creating a modern digital workplace for employees and successfully developing a technical culture focused on agility, speed and professional results. Steve has also held several C-suite level positi
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Scalable, innovative GenAI solutions will support the largest AI models at unprecedented per-user performance while driving down energy demands and improving accuracy SUNNYVALE, Calif. and SAN JOSE, Calif., Nov. 12, 2024 /PRNewswire/ -- Juniper Networks® (NYSE:JNPR), a leader in secure, AI-Native Networking, and Recogni, the Generative AI Inference company, have jointly announced Juniper's investment in Recogni and an ongoing collaboration. Juniper has participated in Recogni's $102 million Series C funding round, which has been co-led by Celesta Capital and GreatPoint Ventures.
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended September 30, 2024. Proposed Merger with Hewlett Packard Enterprise As announced on January 9, 2024, Hewlett Packard Enterprise Company ("HPE") plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, and satisfaction of other customary closing conditions. Third Quarter 2024 Financial Performance Net revenues were $1,33
The airline has deployed wired and wireless network upgrades from Juniper across its headquarters, leveraging purpose-built AIOps capabilities to enable its continued expansion Juniper Networks® (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced that Thai Airways has modernized the network infrastructure of its headquarters in Thailand, by deploying Juniper's AI-Native Networking Platform to deliver the right data, the right real-time response and the right infrastructure for reliable, measurable and secure wired and wireless services. With the upgrades, Thai Airways can now achieve better simplicity, productivity and consistent performance at scale to deliver exception
User experiences, sustainability, scalability key strategic factors for choosing Juniper automated WAN for new IP-based infrastructure Juniper Networks®, (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced that the Norwegian Broadcasting Corporation (NRK) has selected Juniper to provide a brand-new MPLS-based, automated Wide-Area Network (WAN) for the national broadcaster's move to an IP-based network infrastructure. Following an exacting competitive PoC process, Juniper demonstrated its superior ability to deliver a fast, secure and scalable network that will underpin NRK's live and on-demand TV, radio and online media broadcasting services, enabling consistent, high-qu
Global automotive transmission manufacturing leader enabled to deliver exceptional end-to-end operator and end-user experiences, across its upgraded Wi-Fi network Juniper Networks (NYSE:JNPR), a leader in secure AI-Native networking, today announced that JATCO Ltd., a global leader in the automotive transmission industry, has implemented Juniper's AI-Native Networking Platform to deliver exceptional experiences with industry leading AIOps for a robust ‘triple-win' Wi-Fi network that addresses the business challenges faced by its employees, executives and IT administrators due to its ageing Wi-Fi environment. Jointly owned by Nissan, Mitsubishi Motors and Suzuki, JATCO has been supplying t
With Juniper's AI-Native solutions, it can now tap into the right data, right real-time responses, and right infrastructure to deliver improved mobile employee experiences Juniper Networks® (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced that its AI-Native Networking Platform has been deployed by Seoul Semiconductor to deliver predictable, reliable and measurable wired and wireless access services that increase employee productivity while minimizing operational costs. The upgrades are driven by Mist AI™, the Juniper AI engine which leverages industry-leading AIOps and a microservices cloud to deliver excellent end-to-end user and operator experiences. Established in
Integrated operations uniquely deliver superior visibility, control and efficacy across network and security domains for seamless operations and exceptional secure user experiences Juniper Networks® (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced its new Juniper Secure AI-Native Edge solution, with a new Security Assurance product, combining Juniper Mist's award-winning AI-Native and cloud-native network operations with the industry's leading efficacy security solution. By integrating best-in-class network and security operations together under a single cloud and Mist AI™ engine, customers and partners have a holistic, integrated solution that accelerates the detecti
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native networks, today announced it will release preliminary financial results for the quarter ended September 30, 2024 on Thursday, October 31, 2024 after the close of the market. There will be no conference call on October 31, 2024 due to the proposed merger with Hewlett Packard Enterprise. A press release and CFO Commentary will be published on the Company's website at http://investor.juniper.net. About Juniper Networks Juniper Networks believes that connectivity is not the same as experiencing a great connection. Juniper's AI-Native Networking Platform is built from the ground up to leverage AI to deliver exceptional, highly secur
New high-performance access points and switches combine with unique AI for Networking, security and sustainability capabilities to deliver exceptional Wi-Fi 7 experiences at scale Juniper Networks® (NYSE:JNPR), a leader in secure, AI-Native Networking, today announced several key enhancements to its leading AI-Native Networking Platform that enable customers and partners to take full advantage of the emerging 802.11be amendment (Wi-Fi 7), which promises higher throughput, lower latency, extended range and greater reliability than previous Wi-Fi versions. By combining new Juniper Mist Wi-Fi 7 access points (APs) and high-power campus EX switches with Juniper's award-winning Mist™ AI and clo
Popular, interactive yearly demo offers a deep dive into future-ready Ethernet technologies The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today announced details of its exhibit at stand #A3 during the 2024 European Conference on Optical Communication (ECOC). Europe's leading optical communications conference is set to take place September 22-26, 2024, at Messe Frankfurt, Germany. The Ethernet Alliance's highly anticipated multivendor interoperability demonstration will showcase an impressive range of Ethernet technologies, spanning from 10 Gigabit Ethernet (GbE) to 800GbE. The display includes best-in-class switches
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Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended September 30, 2024. Proposed Merger with Hewlett Packard Enterprise As announced on January 9, 2024, Hewlett Packard Enterprise Company ("HPE") plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, and satisfaction of other customary closing conditions. Third Quarter 2024 Financial Performance Net revenues were $1,33
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native networks, today announced it will release preliminary financial results for the quarter ended September 30, 2024 on Thursday, October 31, 2024 after the close of the market. There will be no conference call on October 31, 2024 due to the proposed merger with Hewlett Packard Enterprise. A press release and CFO Commentary will be published on the Company's website at http://investor.juniper.net. About Juniper Networks Juniper Networks believes that connectivity is not the same as experiencing a great connection. Juniper's AI-Native Networking Platform is built from the ground up to leverage AI to deliver exceptional, highly secur
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended June 30, 2024. Proposed Merger with Hewlett Packard Enterprise As announced on January 9, 2024, Hewlett Packard Enterprise ("HPE") plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, and satisfaction of other customary closing conditions. Second Quarter 2024 Financial Performance Net revenues were $1,189.6 mill
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native networks, today announced it will release preliminary financial results for the quarter ended June 30, 2024 on Thursday, July 25, 2024 after the close of the market. There will be no conference call on July 25, 2024 due to the proposed merger with Hewlett Packard Enterprise. A press release and CFO Commentary will be published on the Company's website at http://investor.juniper.net. About Juniper Networks Juniper Networks believes that connectivity is not the same as experiencing a great connection. Juniper's AI-Native Networking Platform is built from the ground up to leverage AI to deliver exceptional, highly secure and s
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended March 31, 2024. Proposed Merger with Hewlett Packard Enterprise As announced on January 9, 2024, Hewlett Packard Enterprise ("HPE") plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, and satisfaction of other customary closing conditions. First Quarter 2024 Financial Performance Net revenues were $1,148.9 mill
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native networks, today announced it will release preliminary financial results for the quarter ending March 31, 2024 on Thursday, April 25, 2024 after the close of the market. There will be no conference call on April 25, 2024 due to the proposed merger with Hewlett Packard Enterprise. A press release and CFO Commentary will be published on the Company's website at http://investor.juniper.net. Note: Our Customer Solution revenue categories will include the following name changes: AI-Driven Enterprise changes to Campus and Branch Automated WAN Solutions changes to Wide Area Networking Cloud-Ready Data Center changes to Data
Juniper Networks (NYSE:JNPR), a leader in secure, AI-Native networks, today reported preliminary financial results for the three months and fiscal year ended December 31, 2023. Proposed Merger with Hewlett Packard Enterprise As announced on January 9, 2024, Hewlett Packard Enterprise ("HPE") plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, approval of the transaction by Juniper Networks shareholders, and satisfaction of other customary closing conditi
Highly complementary combination enhances secure, unified, cloud and AI-native networking to drive innovation from edge to cloud to exascale Accelerates long-term revenue growth and expands gross and operating margin; Expected to be accretive to non-GAAP EPS and free cash flow in year 1, post close Advances HPE's portfolio mix shift toward higher-growth solutions and strengthens high-margin networking business Hewlett Packard Enterprise (NYSE:HPE) and Juniper Networks, Inc. (NYSE:JNPR), a leader in AI-native networks, today announced that the companies have entered a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing
Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, today announced it will release preliminary financial results for the quarter ended December 31, 2023 on Tuesday, January 30, 2024 after the close of the market. The Company's senior management will host a conference call that day at 2:00 pm PT. Commentary by Ken Miller, chief financial officer, reviewing the Company's fourth quarter and fiscal year 2023 financial results, as well as the first quarter 2024 financial outlook, will be published on the Company's website at http://investor.juniper.net. Analysts and investors are encouraged to review this commentary prior to participating in the conference call. To listen
Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended September 30, 2023 and provided its outlook for the three months ending December 31, 2023. Third Quarter 2023 Financial Performance Net revenues were $1,397.8 million, a decrease of 1% year-over-year and a decrease of 2% sequentially. GAAP operating margin was 6.3%, a decrease from 10.6% in the third quarter of 2022, and a decrease from 9.9% in the second quarter of 2023. Non-GAAP operating margin was 17.5%, an increase from 17.2% in the third quarter of 2022, and an increase from 16.9% in the second quarter of 2023. GAAP net income was $76.
Citigroup resumed coverage of Juniper Networks with a rating of Neutral and set a new price target of $40.00
Argus upgraded Juniper Networks from Hold to Buy
JP Morgan downgraded Juniper Networks from Overweight to Neutral and set a new price target of $29.00 from $32.00 previously
Raymond James downgraded Juniper Networks from Strong Buy to Outperform and set a new price target of $37.00 from $38.00 previously
Exane BNP Paribas initiated coverage of Juniper Networks with a rating of Neutral and set a new price target of $31.00
Citigroup initiated coverage of Juniper Networks with a rating of Buy and set a new price target of $38.00
Evercore ISI upgraded Juniper Networks from In-line to Outperform and set a new price target of $38.00 from $34.00 previously
Goldman initiated coverage of Juniper Networks with a rating of Buy
Raymond James upgraded Juniper Networks from Outperform to Strong Buy and set a new price target of $37.00 from $36.00 previously
Piper Sandler upgraded Juniper Networks from Underweight to Neutral and set a new price target of $29.00 from $27.00 previously
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe
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Telxius, a leading global connectivity provider, is scaling its core and edge network infrastructure to 400G with a Converged Optical Routing Architecture (CORA) provided by Juniper Networks (NYSE:JNPR), a leader in secure AI-Native Networks. This will enable a simplified network capacity expansion and efficient delivery of enhanced connectivity to metro networks and data center interconnects (DCI). It provides connectivity across distances of around 100 km to points of presence (PoPs) across Telxius' global footprint in Spain, the Americas, and wider Europe. Telxius connects millions of customers globally, providing a wide range of capacity, colocation and security services, as well as dir
The European Commission regulators are reportedly set to decide by August 1 on whether to approve Hewlett Packard Enterprise Company’s (NYSE:HPE) $14 billion acquisition of Juniper Networks, Inc. (NYSE:JNPR). Announced in January, the deal aims to enhance Hewlett Packard Enterprise’s artificial intelligence offerings and expand its networking business, reflecting the strategic focus on AI as a key growth driver for many firms. Reuters reported the expected date, citing a filing on the Commission’s website on Friday. The European Commission, serving as the EU’s competition watchdog, may approve the deal with or without conditions following its initial assessment, or initiate a comprehen
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Goldman Sachs analyst Alexander Duval upgraded the rating for STMicroelectronics N.V. (NYSE:STM) from Sell to Neutral, while raising the price target from $35.5 to $45.8. STMicroelectronics shares fell 0.2% to trade at $43.01 on Tuesday. See how other analysts view this stock. BMO Capital analyst Kelly Bania upgraded The Kroger Co. (NYSE:KR) from Market Perform to Outperform and increased the price target from $58 to $60. Kroger shares gained 2.2% to trade at $52.19 on Tuesday. See how
Earlier this year, Juniper Networks, Inc. (NYSE:JNPR) had received a deal to be acquired by Hewlett Packard Enterprise Co (NYSE:HPE). The definitive agreement inked by the company to be acquired by HPE is likely to go through as planned, according to Argus Research. The Juniper Networks Analyst: Jim Kelleher upgraded the rating on Juniper Networks from Hold to Buy, with a price target of $40. The Juniper Networks Thesis: The all-cash transaction represents an equity value of about $14 billion and is expected to close in late 2024 or early 2025, Kelleher said in the upgrade note. Check out other analyst stock ratings. "The gap between the current JNPR price and the acquisition
Argus Research analyst Jim Kelleher upgrades Juniper Networks (NYSE:JNPR) from Hold to Buy and announces $40 price target.