Forecast Of The Day: Juniper Switching Revenues

-4.17%
Downside
34.70
Market
33.25
Trefis
JNPR: Juniper Networks logo
JNPR
Juniper Networks

What?

Juniper’s (NYSE:JNPR) Switching Revenues rose from around $900 million in 2019 to $1.04 billion in 2021. Trefis expects the metric to grow to over $1.2 billion by 2028.

Why?

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We expect long-term growth to be driven by higher spending on networking infrastructure and Juniper’s progress with network functions virtualization.

So What?

We think the potential growth is largely priced into Juniper stock. We value JNPR at $35 per share, about 6% ahead of the current market price.

See Our Complete Analysis For Juniper

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Returns Apr 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 JNPR Return -12% -8% 16%
 S&P 500 Return -8% -12% 87%
 Trefis Multi-Strategy Portfolio -7% -14% 236%

[1] Month-to-date and year-to-date as of 4/29/2022
[2] Cumulative total returns since the end of 2016

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