FireEye, Inc. (FEYE) is a publicly listed US network security company that provides automated threat forensics and dynamic malware protection against advanced cyber threats, such as advanced persistent threats and spear phishing. Founded in 2004, the company is headquartered in Milpitas, California. Threat prevention platforms include Network, Email, Endpoint, Mobile, Content, Analytics, and Forensics. FireEye has more than 4,400 customers across 67 countries, including more than 650 of the Forbes Global 2000. FireEye is the first cyber security company awarded certification by the Department of Homeland Security. USAToday says FireEye "has been called in to investigate high-profile attacks against Target, JP Morgan Chase, Sony Pictures, Anthem and others". Yahoo Finance says FireEye is again fastest growing cyber security firm, according to Deloitte.
Reported after close today (5/5/16) Earnings: EPS -$0.47 Revenue $168M Estimates: EPS -$0.50 Revenue $172.3M Down 6.38% after hours
Hitting $15 almost! I got $16 as resistance/support, on my watch list for potential break out. Nice +4% here so far.
Analyst Upgrade/Downgrade Update Brokerage firm: First Analysis Sec Change: Downgrade Previous Rating: Equal Weight Current Rating: Underweight Previous Price Target: $15 Current Price Target: $11
So the analyst gave the target price of where the stock is actually at the moment? That is some fine work! FEYE is having trouble getting out of this longer term downtrend. Lets see if these next earnings can do anything for it.
Shares of FireEye Inc (NASDAQ:FEYE) are hammering on a level to the upside, that is likely to give way in the next few trading days. The cyber security firm has been tapped as a high alert possible breakout play by top institutional investors. Any stock stock price close $13.00 will trigger a massive buy program, taking the stock to $16.75. This opportunitiy offers investors the potential for a 28% profit in a month or so. Stock charts like this are amazing to find yet most investors do not have the knowledge to isolate the top stock charts. Remember, the stock must close above $13 to trigger. Check out the stock chart below for a visual game plan.
Investors are missing this big story in relation to stock, and it blows my mind. On every news channel there is talk of Donald Trump, Vladimir Putin and the Russian hacking. This is an event that will change history and propel cyber security stocks to become bigger than Apple and Exxon. If U.S intelligence is correct, Russia had one goal and that was to undermine U.S. democracy. Many consider this an act of war. In addition, self-driving cars, smart homes..ect are the future. Hackers can gain access and control all of these. Cyber security will take on a whole new level of importance going forward. There are multiple stocks that can be played, but my favorite is FireEye Inc (NASDAQ:FEYE). It is trading at the low end of the range and nearing a major breakout on the stock chart. FireEye Inc has insane upside. The near-term target is $16.75 but it is likely headed back to $55+ for a 500% net gain. This is the future and most investors will be looking back and wishing they bought.
This will be the year of the HACK. https://thebigbreakout.wordpress.com/2017/01/12/the-year-of-the-hack/
Investors can cherry pick the best plays in the market. Going into 2017, technology is seeping into almost every aspect of everyday life. From retail to travel and transportation, hardly anything is purely analogy nowadays.The technology sector still boast plenty of opportunity. One of the top trend is rise of cyber security .FireEye Inc (NASDAQ:FEYE) is one of the 3 Top Cybersecurity Stocks for 2017 .
