BofA/Merrill Lynch Downgrades FireEye, Inc (FEYE) to Neutral

FBR Capital Downgrades FireEye, Inc (FEYE) to Market Perform

November 5, 2015 7:28 AM EST

FBR Capital downgraded FireEye, Inc (NASDAQ: FEYE) from Outperform to Market Perform with a price target of $28.00 (from $53.00).

Analyst Daniel H. Ives commented, "We are downgrading shares of FireEye from Outperform to Market Perform. While we (and many on the Street) have been patient during this roller coaster ride over the past 18 months, it... More

Oppenheimer Cuts Price Target on FireEye (FEYE) Following Mixed 3Q Results

November 5, 2015 6:59 AM EST

Oppenheimer maintained an Outperform rating on FireEye, Inc (NASDAQ: FEYE), and cut the price target to $47.00 (from $58.00), following the company's 3Q earnings report. FEYE reported revenue of $165.6M, up 45% YoY vs. Street's estimate of $167.1M. Loss per share of ($0.37) was better than consensus' ($0.45)... More

UPDATE: Wells Fargo Downgrades FireEye, Inc (FEYE) to Market Perform

November 5, 2015 6:38 AM EST

(Updated - November 5, 2015 9:43 AM EST)

Wells Fargo downgraded FireEye, Inc (NASDAQ: FEYE) from Outperform to Market Perform with a price target of $22-$25 (from $56-$59). The change follows soft Q3 results and below consensus Q4 guidance. Analyst Gray Powell thinks its Q3 miss creates... More

FireEye cuts full-year revenue forecast, shares plunge

November 4, 2015 4:40 PM EST

By Abhirup Roy

(Reuters) - FireEye Inc (NASDAQ: FEYE) cut its full-year revenue forecast as a clamp down by United States and China on cyber spying led to lower demand for the company's security products.

Shares of FireEye, which also reported lower-than-expected third-quarter revenue on Wednesday, plunged 15 percent in extended trading, indicating that they may open at an all-time low on Thursday.

President Barack Obama said in September that he had reached a "common understanding" with Chinese counterpart Xi Jinping that neither government would knowingly support cyber theft of corporate secrets or... More

FireEye (FEYE) Tops Q3 EPS by 8c

November 4, 2015 4:03 PM EST

FireEye (NASDAQ: FEYE) reported Q3 EPS of ($0.37), $0.08 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $165.6 million versus the consensus estimate of $167.13 million.

FireEye sees Q4 2015 EPS of ($0.36)-($0.38), versus the consensus of ($0.40).

FireEye sees FY2015 EPS of ($1.61)-($1.63), versus... More