The buyout rumors are not going to go away. FEYE is probably the most strategic security company in the world right now and that is very attractive to any large company that wants to make a power play in this white hot market. I think someone pays up for this one soon because FEYE just gets more expensive with every ER. It will take at least $10B to buy this company IMO.
I agree. institutions are not buying on rumor and speculation. The move today was real and for a reason other than CSCO rumors. Pressure is building. MMs can't hold it down forever.
Q1 is their 'slow' quarter and, quite frankly, the one I was worried about. Those results were very impressive given the seasonality. I am not worried about the rest of the year at all. The snowball is rolling downhill now. Now if we can just get some analyst upgrades... Regardless of what those clowns on CNBC say - this is the best play in the sector and you can buy it for a nice discount tomorrow.
I agree. I expect numbers to be good but guidance to be great. We also need analyst upgrades to really make this stock fly to the new levels it deserves. Hopefully the analyst day will help drive new $55-$60+ price targets. Analyst have been cautious with FEYE and upgrades relatively conservative. That is mostly why we are still stuck in the mid 40s IMO. We need analysts to jump on this one as they have PANW, QLYS, CHKP. GLTA longs. FEYE needs to show consistency, strong growth/demand, and continue to demonstrate a clear path to profitability. If they can do that I think the analysts will respond favorably and we'll be into the 50s quickly
30B? I want some of what you are smoking. Cybr and qlys even more laughable....jeez guys get educated on the cyber market a little bit. @12B this stock is already priced for perfection
That's exactly why I continue to buy FEYE and have no position in PANW whatsoever. FEYE is going to be the real winner in this space- mark my words. Customers can choose firewalls from CHKP, PANW, FTNT, CSCO, JNPR and be fine - plenty of good healthy competition there. But it's becoming increasing clear they all will need FEYE in some capacity - and even their competitors agree and are now starting to partner. They are the only ones who do what they do with the proficiency required. FEYE technology and services is head and shoulders above the competition IMO and they only seem to continue to out innovate. Their managed service seems to be a good example of that. I would be interested to see how the adoption has been with that on their earnings call. Another point of validation, every breach in the news they seem to be responding to and I can say from experience you just can't buy that level of executive visibility. CEOs and board rooms talks? Do you really think PANW, CYBR, QLYS have those same relationships? Helping those companies in the same way? I've been in IT Security for a long time and have seen most of these security companies and their products in action. I've been through breaches too and they are no fun. FEYE is VERY disruptive technology and their people are top notch. It's been a no brainer to invest in this company since they bought Mandiant. Total industry game changer which is why it ran to $90 in the first place. It deserves and will be there again.
If they thought it was too high now it's only going to get more expensive. The company is already undervalued as it is. FEYE should have PANW valuation in IMO. They address a larger TAM in cyber than PANW and have much larger endpoint and services penetration. It deserves the higher multiple on this and growth % alone yet it hasn't received it yet. Wall St. will flip the switch on this and let it run when they are ready but FEYE has to show steady consistency as well...
CYBR is getting almost twice the multiple for 1/4 the Rev and 1/2 the growth. Either they are WAY overvalued or FEYE should be much higher. Probably a little of both...
this is the run up to earnings folks. There will be no huge pullback with the peer ERs and RSA this week. 47-48 heading into the FEYE ER on the 30th I predict then mid 50s. GLTA Longs. Shorts about to bust :)
FWIW both SPLK and CYBR announced intelligence sharing partnerships with FEYE today as well. It just didn't get its own dedicated PR that CHKP had.
"Analyzing threats without understanding the key role that privileged accounts play in attacks leaves organizations vulnerable to future attacks," said Adam Bosnian, EVP Global Business Development of CyberArk, a CSC partner. "We are happy to see FireEye recognize this critical attack vector and are pleased to join the Fuel CSC program to share and receive valuable threat intelligence information."
So there you go - the young guns CYBR, SPLK, and FEYE are working together :)
I think they were ok. If they can pop 5% on those earnings I think stronger earnings from emerging players (FEYE, CYBR, etc) will trade very nicely!
yeah I don't see that kind of merger. It is going to take deep pockets and there is more incentive for legacy security companies to stay relevant.
yeah got a little greedy and probably missed the boat on VDSI. I'm hoping for a good pullback with higher entry points. I think they are heading to 28-29
more like 12-24mo. The M&A action will start accelerating soon I think. Would not be surprised if EMC, IBM, or MSFT makes a splash with a FEYE buyout
I think it will be if peer ERs are solid and broader markets stay steady. Lots of buzz this week for FEYE. I like VDSI over QLYS. Was hoping to get into it under $21 and missed the boat but still have KEYW at $8 for a trade to $11-12 range. GL
Hey guys, just wondering how you guys might be looking to options trade CYBR over the next few weeks. Have a feeling this will fall back well into the 40's. How are/would you trade it?
I like VadSI at $20-$21...hoping for a pullback to those levels. I'm waiting for keyw at ~8. Both for trades. I don't like either as much as feye. Feye is a long term play...