Goldman Sachs analyst Michael Ng raised the firm’s price target on F5 (FFIV) to $320 from $285 and keeps a Neutral rating on the shares. F5 reported a strong Q1, with EPS and revenue both above consensus, driven by 37% growth in its Systems business, the analyst tells investors in a research note The company raised its FY26 revenue and EBIT margin guidance, citing continued demand from hybrid multicloud adoption, enterprise AI investments, and simplified tech portfolios, while noting gross margin pressure from memory costs, Goldman says.
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Read More on FFIV:
- F5 Networks: Strong Quarter and Raised Guidance Offset by Execution Risks and Long-Dated AI Upside, Justifying Hold Rating
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