Juniper (JNPR) Last Update 5/9/23
Related: NOK CSCO MSI ERIC
% of Stock Price
Revenue
Gross Profits
Free Cash Flow
Juniper
STOCK PRICE
DIVISION
% of STOCK PRICE
Network Services
46.5%
$15.24
Routers
28.1%
$9.21
Network Switches
18.6%
$6.10
Net Debt
4.9% $1.61
TOTAL
100%
$32.76
$31.15
Yours
Trefis Price
N/A
$30.78
Market
 
Top Drivers for Period
Key Drivers
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TREFIS Analysis


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RECENT NEWS AND ANALYSIS

Potential upside & downside to trefis price

Juniper Company

VALUATION HIGHLIGHTS

  1. Network Services constitute 47% of the Trefis price estimate for Juniper's stock.
  2. Routers constitute 28% of the Trefis price estimate for Juniper's stock.
  3. Network Switches constitute 19% of the Trefis price estimate for Juniper's stock.

WHAT HAS CHANGED?

  1. Q1 2023 Earnings

Juniper Networks posted a stronger-than-expected set of Q1 2023 results. While revenue rose 17% versus last year to $1.37 billion, adjusted earnings stood at $0.48, coming in ahead of estimates. Revenue growth was driven by stronger demand for the company's various products and services, as well as easing supply chain headwinds. Operating margins also improved from 5% in Q1 2022 to 8.4%.

BUSINESS SUMMARY

Juniper Networks creates networking equipment such as switches and routers used primarily by businesses and Internet Service Providers to route IP data such as emails, videos, files and other digital communication. For example, an email that you send to a distant friend travels through various switches and routers made by companies like Juniper, Cisco, Alcatel-Lucent and Huawei along the path to its destination.

SOURCES OF VALUE

Routers

Edge Routers, along with Core Routers and Enterprise Routers, are used by Internet Service Providers to route data traffic from network to network.

Network Switches

The market for switches is almost 50% bigger than the corresponding router market. However, due to Cisco's entrenched position in the switching market, we do not believe Juniper will attain a majority share in this space. Of the various kind of switches, bottom layer switches are the most prevalent types of switches found within networks.

Network Services

In addition to networking hardware, Juniper provides maintenance and support services to its customers to help them fix problems that occur with networking equipment. Juniper's network service revenues and profits are dependent on the installed base of Juniper switch and router equipment in use.

Network Security

Juniper also provides its customers with security solutions that help protect networks from outside attacks. Network security equipment includes products such as Virtual Private Networks (VPNs) and firewalls. Juniper faces competition from the likes of Cisco, CheckPoint and IBM.