#6 - FireEye Inc. (NASDAQ:FEYE)
FireEye Inc. (NASDAQ: FEYE) - Another continuing focus of the technology sector is the issue of information security. FireEye came onto the scene in 2004. Since going public in 2013, it has failed to generate a lot of excitement among investors and it faces competition from a long list of companies highlighted by Palo Alto Networks, Fortinet and Cisco. These competitors have neutralized FEYE’s move from a seller of on-site appliances to a cloud-based service model. This move slowed its revenue growth, but the company expected it to pay off by generating consistent growth via subscriptions. The company went even further and bundled their threat prevention products into a single unified platform called Helix. The thought process was that a bundled platform would help create a moat from which the company could fight off competitors. The company is not yet profitable on a GAAP basis but did post their first quarter of break-even non GAAP earnings in the second quarter of 2018. Although the company is currently posting slower revenue and stock price growth than its leading competitors, the stock trades at a significantly lower price-to-earnings ratio which can make this a good investment for investors looking for a quick profit.
About FireEye
FireEye, Inc operates as an intelligence-led security company. The firm engages in intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other.
Read More - Current Price
- $0.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
