F5 jumps 6.5% as revenue growth accelerates and FY2026 outlook is raised

F5, Inc. (FFIV) is up 6.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The stock appears to be moving higher after the company posted stronger-than-expected fiscal Q2 results, highlighted by double-digit revenue growth and expanding profitability. Investors also likely reacted positively to management raising its full-year fiscal 2026 revenue growth and non-GAAP EPS outlook, alongside constructive Q3 guidance.

Details:

In its April 28, 2026 earnings release, the company reported fiscal Q2 revenue of $812 million, up 11% year over year, with product revenue growth of 22%.

Systems revenue rose to $226 million (+26% year over year) and software revenue increased to $184 million (+17%), while services revenue was $401 million (+2%).

GAAP net income was $148 million ($2.58 per diluted share) and non-GAAP EPS was $3.90 for the quarter.

The company raised its fiscal 2026 outlook (revenue growth to 7%–8% and non-GAAP EPS to $16.25–$16.55) and guided fiscal Q3 revenue to $820–$840 million with non-GAAP EPS of $3.91–$4.03.

Sources:

F5, StockAnalysis, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FFIV Insider Trading Activity

$FFIV insiders have traded $FFIV stock on the open market 49 times in the past 6 months. Of those trades, 0 have been purchases and 49 have been sales.

Here’s a breakdown of recent trading of $FFIV stock by insiders over the last 6 months:

THOMAS DEAN FOUNTAIN (EVP Global Services & Strategy) has made 0 purchases and 17 sales selling 24,048 shares for an estimated $6,114,246.
FRANCOIS LOCOH-DONOU (President, CEO & Director) has made 0 purchases and 12 sales selling 9,689 shares for an estimated $2,701,832.
CHAD MICHAEL WHALEN (EVP, Worldwide Sales) has made 0 purchases and 6 sales selling 10,124 shares for an estimated $2,547,439.
MICHAEL L DREYER sold 3,067 shares for an estimated $866,137
ALAN HIGGINSON has made 0 purchases and 2 sales selling 3,079 shares for an estimated $797,569.
EDWARD COOPER WERNER (Chief Financial Officer) has made 0 purchases and 6 sales selling 1,969 shares for an estimated $573,453.
LYRA AMBER SCHRAMM (Chief People Officer) has made 0 purchases and 2 sales selling 1,261 shares for an estimated $318,274.
JOHN ANTHONY MADDISON (Chief Product Mkting Officer) sold 1,000 shares for an estimated $280,660
ANGELIQUE M OKEKE (EVP, General Counsel) sold 386 shares for an estimated $107,431
KUNAL ANAND (Chief Technology Officer) sold 377 shares for an estimated $104,926

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$FFIV Hedge Fund Activity

We have seen 273 institutional investors add shares of $FFIV stock to their portfolio, and 453 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JERICHO CAPITAL ASSET MANAGEMENT L.P. added 2,271,013 shares (+inf%) to their portfolio in Q4 2025, for an estimated $579,698,778
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,233,109 shares (-77.8%) from their portfolio in Q4 2025, for an estimated $570,023,403
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,162,519 shares (+15103.5%) to their portfolio in Q4 2025, for an estimated $296,744,599
FIRST TRUST ADVISORS LP added 1,119,291 shares (+68.5%) to their portfolio in Q4 2025, for an estimated $285,710,220
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 637,863 shares (+13.2%) to their portfolio in Q4 2025, for an estimated $162,820,909
DEUTSCHE BANK AG\ added 610,437 shares (+175.2%) to their portfolio in Q4 2025, for an estimated $155,820,148
UBS GROUP AG added 599,384 shares (+141.2%) to their portfolio in Q4 2025, for an estimated $152,998,759

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$FFIV Analyst Ratings

Wall Street analysts have issued reports on $FFIV in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 01/15/2026
Piper Sandler issued a "Overweight" rating on 01/05/2026

To track analyst ratings and price targets for $FFIV, check out Quiver Quantitative's $FFIV forecast page.

$FFIV Price Targets

Multiple analysts have issued price targets for $FFIV recently. We have seen 6 analysts offer price targets for $FFIV in the last 6 months, with a median target of $322.5.

Here are some recent targets:

Samik Chatterjee from JP Morgan set a target price of $355.0 on 04/16/2026
Matthew Hedberg from RBC Capital set a target price of $345.0 on 01/28/2026
Tim Long from Barclays set a target price of $283.0 on 01/28/2026
James Fish from Piper Sandler set a target price of $325.0 on 01/28/2026
Michael Ng from Goldman Sachs set a target price of $320.0 on 01/28/2026
Meta Marshall from Morgan Stanley set a target price of $296.0 on 12/17/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.