F5 Networks Stock Seems Poised To Build On Recent Gains

+29.64%
Upside
159
Market
206
Trefis
FFIV: F5 Networks logo
FFIV
F5 Networks

F5 Networks stock (NASDAQ: FFIV) is up 11% in just one month (21 trading days), completely outperforming the S&P 500 which was up around 7%. If you look at the change over the last five and ten days, the stock has returned 3.7% and 7.1%, respectively, thus having outperformed the market on both occasions. FFIV reported strong full-year 2021 earnings at the end of October, with revenue jumping to $2.6 billion from $2.35 billion in FY ’20, driven exclusively by a $225 million rise in product revenue. However, with COGS and other operating expenses rising faster than revenue, operating income rose marginally to $394 million, but a drop in the effective tax rate, led to EPS rising from $5.05 in FY ’20 to $5.46 in FY ’21. These strong numbers helped drive a 11% rise in FFIV stock over the past month.

Now, is FFIV stock set to rise further or could we expect some correction? We believe that there is a decent 57% chance of a rise in F5 Networks stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on FFIV Stock Chance of Rise. For additional details about FFIV historical returns and comparison to peers, see F5 Networks (FFIV) Stock Return.

Relevant Articles
  1. Why Has F5 Networks Stock Underperformed The S&P Since 2019?
  2. Why Has F5 Networks Stock Risen Almost 1.5x Since 2019?
  3. Here’s What Makes ViaSat Inc. Stock A Smart Bet
  4. Here’s Why Juniper Networks Stock Is Not Your Best Networking Bet
  5. After Rising 9% In A Week, Is F5 Networks Stock Still A Buy?
  6. F5 Networks Stock Could Jump 15% To Regain Early-2021 Highs

Twenty-One Day: FFIV 11%, vs. S&P500 7.1%; Outperformed market

(11% likelihood event; 57% probability of rise over next 21 days)

  • FFIV stock increased 11% the last twenty-one trading days (one month), compared to a broader market (S&P500) rise of 7.1%
  • A change of 11% or more over twenty-one trading days is a 11% likelihood event, which has occurred 275 times out of 2516 in the last 10 years
  • Of these 275 instances, the stock has seen a positive movement over the next twenty-one trading days on 157 occasions
  • This points to a 57% probability for the stock rising over the next twenty-one trading days

Ten Day: FFIV 7.1%, vs. S&P500 2.9%; Outperformed market

(12% likelihood event; 55% probability of rise over next 10 days)

  • FFIV stock increased 7.1% over the last ten trading days (two weeks), compared to broader market (S&P500) rise of 2.9%
  • A change of 7.1% or more over ten trading days is a 12% likelihood event, which has occurred 309 times out of 2516 in the last 10 years
  • Of these 309 instances, the stock has seen a positive movement over the next ten trading days on 171 occasions
  • This points to a 55% probability for the stock rising over the next ten trading days

Five Day: FFIV 3.7%, vs. S&P500 1.9%; Outperformed market

(14% likelihood event; 57% probability of rise over next five days)

  • FFIV stock increased 3.7% over a five-day trading period ending 11/8/2021, compared to the broader market (S&P500) rise of 1.9%
  • A change of 3.7% or more over five trading days (one week) is a 14% likelihood event, which has occurred 346 times out of 2516 in the last ten years
  • Of these 346 instances, the stock has seen a positive movement over the next five trading days on 197 occasions
  • This points to a 57% probability for the stock rising over the next five trading days

 

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates