Forecast Of The Day: Juniper Switching Revenues
What?
Juniper’s (NYSE:JNPR) Switching Revenues rose from around $900 million in 2019 to $1.04 billion in 2021. Trefis expects the metric to grow to over $1.2 billion by 2028.
Why?
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We expect long-term growth to be driven by higher spending on networking infrastructure and Juniper’s progress with network functions virtualization.
So What?
We think the potential growth is largely priced into Juniper stock. We value JNPR at $35 per share, about 6% ahead of the current market price.
See Our Complete Analysis For Juniper
What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
| Returns | Apr 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| JNPR Return | -12% | -8% | 16% |
| S&P 500 Return | -8% | -12% | 87% |
| Trefis Multi-Strategy Portfolio | -7% | -14% | 236% |
[1] Month-to-date and year-to-date as of 4/29/2022
[2] Cumulative total returns since the end of 2016
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