F5, Inc. (FFIV)

The past six months have seen significant events impacting F5, Inc.'s stock price, primarily centered around a major cybersecurity incident. A cybersecurity breach in October 2025 led to a stock decline. A dismal 2026 forecast in October 2025 caused a further stock drop. Multiple securities class-action lawsuits have been filed against F5, Inc. Analyst ratings experienced changes from RBC Capital and Piper Sandler. F5 announced the launch of F5 NGINXaaS for Google Cloud and expanded its collaboration with NetApp. There was insider selling activity. F5 is scheduled to report its first-quarter fiscal year 2026 financial results on January 7, 2026.

F5, Inc.'s demand is primarily driven by secular trends rather than strict seasonality. Key demand drivers include the data center refresh cycle, hybrid multi-cloud architectures adoption, and enterprise AI infrastructure build-out. The company's business model is increasingly focused on generating predictable, recurring revenue.

F5, Inc. is a technology company specializing in multi-cloud application services, application security, delivery, and performance, operating in the IT Software & Services and Software - Infrastructure industries. Its core business focuses on ensuring the availability, performance, and security of applications for large enterprises, public sector institutions, governments, and service providers. F5 offers solutions like F5 Distributed Cloud Services for deploying applications across various architectures, F5 NGINX for web server and application delivery, F5 BIG-IP for traffic management and security, and F5 Systems hardware appliances. Additionally, it provides application security and delivery products, professional services, maintenance, consulting, training, and technical support.

F5, Inc. has a global presence with operations in the Americas, EMEA, and APAC regions. Headquartered in Seattle, Washington, U.S., the company maintains 75 offices across 43 countries, focusing on account management, global services support, product development, manufacturing, software engineering, and administrative functions.

F5's brand reputation in the past year has been significantly impacted by a major cybersecurity incident. The breach of F5's BIG-IP product development environment and the exfiltration of sensitive source code has caused considerable damage to the company's reputation. Despite the challenges, F5 was recognized as an overall leader in the 2025 KuppingerCole Leadership Compass for Web Application and API Protection (WAAP) solutions.

F5, Inc.'s ownership is predominantly institutional, with major shareholders including Vanguard Group Inc., BlackRock, Inc., and Hotchkis & Wiley Capital Management Llc. Institutional investors collectively hold a significant majority of the company's shares. Individual insider ownership is relatively low.