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FFIV

F5, Inc.

NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-05-08

$354.03+2.61%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, FFIV has a composite score of 36.8 and a signal label of "favorable." This score is driven by a high confidence level of 80.8, with strengths in management (66.6) and valuation (77.1), which is labeled as "inexpensive." However, the sector score is low at 21.4, and the overall risk is considered elevated at 59.3. The analysis is provisional.

Composite +37as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 30% of information technology cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.02
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
196206214179
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$354.03
TTM EPS
$11.41
Earnings yield
3.2%
P/E (TTM)
31.0

Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
708
TTM CFO ($M)
1,015
CFO/NI
1.43
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bullish strongEPS revised +3.5% / 30d, n=12for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $3.87 → $4.00 (+3.5% / 30d). 11 raised, 0 cut, 12 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 5 maintained. 36% of analysts rate Buy.

Price target activity

1 PT revisions / 30d. Avg target -3.9% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase revenue growth guidancegrowthon track77% progress
    4/28: F5 raised its outlook for its fiscal year 2026, guiding for revenue growth in a range of 7% to 8%, up from 5% to 6% previously.
    Why this status

    Stated in 3 of last 3 quarters. Revenue grew from $731.1M in 2025-Q2 to $811.7M in 2026-Q2. The guidance has been consistently raised, indicating delivering on growth targets.

  2. 2.Improve non-GAAP EPS guidancegrowthon track77% progress
    4/28: F5 expects non-GAAP earnings per share in a range of $16.25 to $16.55, up from $15.65 to $16.05 previously.
    Why this status

    Stated in 3 of last 3 quarters. EPS improved from $2.48 in 2025-Q2 to $2.58 in 2026-Q2. The guidance has been consistently raised, indicating progress in EPS targets.

  3. 3.Enhance operating margin guidancecostbehind14% progressprovisional
    1/27: The Company expects to deliver non-GAAP operating margin in a range of 34% to 35%, up from 33.5% to 34.5% previously.
    Why this status

    Stated in 2 of last 2 quarters. Operating income grew from $158.9M in 2025-Q2 to $179.0M in 2026-Q2. The guidance has been raised, indicating progress in enhancing operating margins.

3

Guidance track record

Last 6 quarters of EPS guidance with actuals.

5 beat
Per-quarter detail
PeriodGuidanceActualResult
2021-12-31$2.89unclassifiable
2023-09-30$3.15 – $3.27$3.50beat
2024-12-31$2.97 – $3.09$3.84beat
2025-09-30$3.87 – $3.99$4.39beat
2025-12-31$3.29 – $3.41$4.45beat
2026-03-31$3.34 – $3.46$3.90beat

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −35%, typical day ±1.4%
Why this risk level

Recent vol — 30d annualized 37%; 252d 33%.

Drawdown — Max 1y −35%. Bad day move −3%.

Beta to sector ETF (XLK) 0.03 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 45/100, drawdown 31/100, beta 3/100, earnings vol .

Sector regime
tailwind+15.9%sector vs S&P 500, 60d

via XLK

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite66.6 / 100
Capital allocation56
Earnings discipline86
Margin discipline69
Balance sheet60
Guidance credibility
Post-call reaction72

Met or beat guidance 100% of the last 2 guided quarters · 13.2% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase revenue growth guidance

    GrowthNew since 2026-05-04

    F5 aims to increase its revenue growth guidance for fiscal year 2026.

    On track

    Stated in 3 of last 3 quarters. Revenue grew from $731.1M in 2025-Q2 to $811.7M in 2026-Q2. The guidance has been consistently raised, indicating delivering on growth targets.

    Revenue grew from $731.1M in 2025-Q2 to $811.7M in 2026-Q2
    77%
    CEO/CFO:F5 raised its outlook for its fiscal year 2026, guiding for revenue growth in a range of 7% to 8%, up from 5% to 6% previously.
    Multiple sourcesSource dated 2026-04-28Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Multiple sources

      F5 raised its outlook for its fiscal year 2026, guiding for revenue growth in a range of 7% to 8%, up from 5% to 6% previously.

    • 2026-Q1Multiple sources

      F5 raised its outlook for its fiscal year 2026, guiding for revenue growth in a range of 5% to 6%, up from 0% to 4% previously.

    • 2025-Q4Multiple sources

      for fiscal year 2026, F5 is guiding to total revenue growth of 0% to 4

  • #2

    Improve non-GAAP EPS guidance

    GrowthNew since 2026-05-04

    F5 aims to improve its non-GAAP EPS guidance for fiscal year 2026.

    On track

    Stated in 3 of last 3 quarters. EPS improved from $2.48 in 2025-Q2 to $2.58 in 2026-Q2. The guidance has been consistently raised, indicating progress in EPS targets.

    77%
    CEO/CFO:F5 expects non-GAAP earnings per share in a range of $16.25 to $16.55, up from $15.65 to $16.05 previously.
    Multiple sourcesSource dated 2026-04-28Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Multiple sources

      F5 expects non-GAAP earnings per share in a range of $16.25 to $16.55, up from $15.65 to $16.05 previously.

    • 2026-Q1Multiple sources

      F5 expects non-GAAP earnings per share in a range of $15.65 to $16.05, up from $14.50 to $15.50 previously.

    • 2025-Q4Multiple sources

      F5 is guiding to FY26 non-GAAP earnings per share in a range of $14.50 to $15.50

  • #3

    Enhance operating margin guidance

    CostNew since 2026-05-04

    F5 aims to enhance its non-GAAP operating margin guidance for fiscal year 2026.

    On trackBehind

    Stated in 2 of last 2 quarters. Operating income grew from $158.9M in 2025-Q2 to $179.0M in 2026-Q2. The guidance has been raised, indicating progress in enhancing operating margins.

    Operating income grew from $158.9M in 2025-Q2 to $179.0M in 2026-Q2
    14%
    CEO/CFO:The Company expects to deliver non-GAAP operating margin in a range of 34% to 35%, up from 33.5% to 34.5% previously.
    Multiple sourcesSource dated 2026-01-27Stated 2 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (2)
    • 2026-Q1Multiple sources

      The Company expects to deliver non-GAAP operating margin in a range of 34% to 35%, up from 33.5% to 34.5% previously.

    • 2025-Q4Multiple sources

      It is guiding to FY26 non-GAAP operating margin in a range of 33.5% to 34.5%

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
72higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
20.4x
EV/EBITDA
21.8x
FCF yield
4.9%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
FFIV
F5, Inc.
+37inexpensiveelevated
NVDA
NVIDIA Corporation
+20fullmoderate
AAPL
Apple Inc
+19fullmoderate
MSFT
Microsoft
+27fairelevated
AVGO
Broadcom
+11expensiveelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.4%
A bad day (95th %ile)
A rough but not unusual down day.
-3.1%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-34.7%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-28)-16 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-3.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2810d agoItem 2.02

    Results of Operations and Financial Condition On April 28, 2026, F5, Inc. (the "Company" or "F5") issued a press release regarding its financial results for the second quarter ended March 31, 2026. The press release is attached hereto as Exhibit 99.1. The information in the press release shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.

    earnings preannouncementpositivescore 57
  2. 2026-04-2810d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 24, 2026, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Anand Eswaran as a director. Mr. Eswaran will serve as a member of the Board’s Audit and Talent and Compensation Committees. In connection with his services as a director, Mr. Eswaran will be entitled to the customary compensation arrangements for the C…

    executive changeneutralscore 45
  3. 2026-03-131mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 12, 2026, at the annual meeting of shareholders for fiscal year 2025 (the “Annual Meeting”), the shareholders of F5, Inc. (the “Company”) voted to approve the F5, Inc. 2026 Incentive Award Plan (the “Incentive Plan”), including 3,500,000 new shares of common stock issuable under the Incentive Plan and shares of common stock that remained a…

    executive changeneutralscore 15
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-05-05 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.