F5 Networks downgraded by Piper Sandler with a new price target

F5 (NASDAQ:FFIV) today announced the appointment of Angelique Okeke as Executive Vice President and General Counsel. Okeke succeeds Scot Rogers, who is departing after 20 years with the company. "Angelique is an accomplished executive and strategic thinker, combining a sharp legal mind with an empathetic approach to leadership," said François Locoh-Donou, President and CEO of F5. "She has already been a force for positive change at F5, and her addition to our executive team will strengthen our ability to capture emerging opportunities and navigate the challenges of our fast-changing industry." Okeke joined F5 in April 2024 as Senior Vice President and Deputy General Counsel, Corporate and

F5 BIG-IP Next Cloud-Native Network Functions deployed on NVIDIA BlueField-3 DPUs turbocharge data management and security, unlocking new edge AI innovations and driving the future of AI-RAN MOBILE WORLD CONGRESS--F5 (NASDAQ:FFIV) today announced BIG-IP Next Cloud-Native Network Functions (CNFs) deployed on NVIDIA BlueField-3 DPUs, deepening the companies' technology collaboration. This solution offers F5's proven network infrastructure capabilities, such as edge firewall, DNS, and DDoS protection, as lightweight cloud-native functions accelerated with NVIDIA BlueField-3 DPUs to deliver optimized performance in Kubernetes environments and support emerging edge AI use cases. The F5 Appli

High-volume throughput and performance of new F5 VELOS CX1610 6-Tbps chassis and BX520 400-Gbps blade securely support organizations' ambitious AI growth initiatives. Unified approach to application delivery scales industry-leading availability, management, and security services on one platform to reduce complexity. VELOS hardware complements F5's software and SaaS solution portfolio to optimize and secure every app and API in all types of IT environments. Today at AppWorld, F5 (NASDAQ:FFIV) announced powerful new additions to the F5 VELOS product line, giving service providers and large enterprises a unified and customizable solution to optimize modern applications required for A

Needham reiterated coverage of F5 Networks with a rating of Buy and set a new price target of $220.00 from $200.00 previously

BofA Securities downgraded F5 Networks from Neutral to Underperform and set a new price target of $160.00 from $165.00 previously

Barclays downgraded F5 Networks from Overweight to Equal Weight and set a new price target of $140.00 from $166.00 previously

3 - F5, INC. (0001048695) (Issuer)

4 - F5, INC. (0001048695) (Issuer)

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8-K - F5, INC. (0001048695) (Filer)

144 - F5, INC. (0001048695) (Subject)

144 - F5, INC. (0001048695) (Subject)

F5 (NASDAQ:FFIV) today announced the appointment of Angelique Okeke as Executive Vice President and General Counsel. Okeke succeeds Scot Rogers, who is departing after 20 years with the company. "Angelique is an accomplished executive and strategic thinker, combining a sharp legal mind with an empathetic approach to leadership," said François Locoh-Donou, President and CEO of F5. "She has already been a force for positive change at F5, and her addition to our executive team will strengthen our ability to capture emerging opportunities and navigate the challenges of our fast-changing industry." Okeke joined F5 in April 2024 as Senior Vice President and Deputy General Counsel, Corporate and

F5 (NASDAQ:FFIV) today announced the appointment of John Maddison as the company's new Chief Product Marketing and Technology Alliances Officer, reporting to CEO François Locoh-Donou. Maddison will lead a new organization responsible for increasing F5's market impact and delivering on the company's brand promise through its products and partnerships. "For over 25 years, F5's brand has been synonymous with the security and delivery of mission-critical applications for the world's largest organizations," said Locoh-Donou. "John's deep understanding of cybersecurity and cloud, along with his proven track record of driving growth, will be a tremendous asset as we evolve our portfolio to addre

F5, Inc. (NASDAQ:FFIV) today announced the appointment of two new members to its board of directors: Maya McReynolds, 53, and Julie Gonzalez, 43. Both joined F5's board effective October 10, 2024 and will serve on the Audit Committee. Ms. McReynolds currently serves as Chief Financial Officer, Client Solutions Group at Dell Technologies, Inc. where she is responsible for leading financial strategy for the more than $50 billion business. She is a seasoned finance and accounting executive with experience in global audit, treasury, and financial planning and analysis with extensive background in SEC reporting, and policy development. She brings more than 25 years of experience in accounting a

F5, Inc. (NASDAQ:FFIV) today announced financial results for its first quarter fiscal year 2025 for the period ended December 31, 2024. "F5's alignment with significant secular trends, a more stable IT spending environment, and our strong execution led to another record quarter," said François Locoh-Donou, F5's President and CEO. "Our first quarter revenue of $766 million reflects 11% growth year over year and includes a 22% increase in software revenue and 18% systems revenue growth from the first quarter of fiscal year 2024." "We are seeing new opportunities emerge in two main areas: hybrid multicloud and AI," continued Locoh-Donou. "F5's innovation in anticipation of widespread hybri

F5, Inc. (NASDAQ:FFIV) announced it will report its first quarter fiscal year 2025 financial results on Tuesday, January 28, 2025 following the market close. F5 also will host a live webcast to discuss its results with investors and analysts beginning at 4:30 p.m. ET on January 28, 2025. The live webcast link can be accessed from the events & presentations page of the investor relations portion of f5.com. Interested listeners may also access the audio-only version of the live webcast by dialing +1 (877) 407-0312 for callers in the U.S. and Canada or +1 (201) 389-0899 for callers from other countries. The webcast will be recorded, and replays will be available as follows: Replay Via We

  F5, Inc. (NASDAQ:FFIV) today announced financial results for its fourth quarter and fiscal year ended September 30, 2024. "Our fourth quarter revenue of $747 million reflects 6% growth year over year and includes a 19% increase in software revenue from the fourth quarter of fiscal year 2023," said François Locoh-Donou, F5's President and CEO. "In fiscal year 2024, despite a challenging macro backdrop to the start of the year, we achieved revenue at the high end of our guidance, surpassed our software growth expectations, and maintained rigorous operational discipline, culminating in double-digit earnings per share growth for the year." "Our results speak to the power of our portfolio a

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