FireEye Reports Third Quarter 2016 Results above Guidance Ranges

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FireEye (FEYE) PT Cut to $17.50 at Nomura, Buy Maintained; Risk/Reward is Positive

November 4, 2016 9:31 AM EDT

Nomura Securities analyst Frederick Grieb lowered his price target on FireEye, Inc (NASDAQ: FEYE) to $17.50 (from $22.50) but retained a Buy rating following a solid quarter.

Grieb commented, "FireEye currently trades at just 4.6x EV / LTM Subscription Revenue. 4.0x EV / LTM Subscription revenues... More

Corner Turned for FireEye (FEYE) - Oppenheimer

November 4, 2016 6:39 AM EDT

Oppenheimer analyst Shaul Eyal reiterated an Outperform rating on FireEye, Inc (NASDAQ: FEYE) but lowered his price target to $28.00 (from $33.00) following solid Q3 results. Eyal said the corner has been turned.

Eyal commented, "In spite of quarterly distractions (restructuring, sales leadership changes), FEYE reported... More

FireEye (FEYE) Tops Q3 EPS by 13c, FY Revenue Guidance Falls Short at Mid-Point

November 3, 2016 4:05 PM EDT

FireEye (NASDAQ: FEYE) reported Q3 EPS of ($0.18), $0.13 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $186.4 million versus the consensus estimate of $182.65 million.

GUIDANCE:

FireEye sees FY2016 revenue of $716-722 million, versus the consensus of $721.5... More