& cplSiteName &

Juniper Rebounding

Craig Matsumoto

5:10 PM -- Has the Juniper Networks Inc. (NYSE: JNPR) slump bottomed out?

"Renewed contracts" with the likes of China Telecom USA and Etisalat (in the United Arab Emirates) "give us additional confidence that Juniper has fixed most of its internal concerns and is starting to re-grow its top line again," analyst Mark Sue of RBC Capital Markets writes in a note issued this morning.

He sees Juniper hanging on to its core and edge market shares of 35 and 19 percent, respectively, during the next several quarters -- keeping Juniper secure in its position behind Cisco. In other words, Juniper could be getting back to normal, without being much worse for all the razzing it's taken the last few quarters.

Some issues still loom, like upcoming earnings restatements and the stock options scandal -- and while Sue calls these issues "past looking," there's still a chance they could lead to some changes at the top. (See Juniper Dusts Off Its Eraser and Backdating Could Bite Juniper Execs.)

But all along, Juniper's long-term future hasn't been in question. It's just that the company is at an adolescent point, where being Not Cisco has stopped being enough, and the exact shape of the future Juniper is still in flux. Biggest question, in my opinion: Will Juniper stick to its enterprise guns and become a challenger to Cisco there? Or is that too costly of a battle to fight?

— Craig Matsumoto, Senior Editor, Light Reading

(1)  | 
Comment  | 
Print  | 
Related Stories
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
12/5/2012 | 3:38:45 AM
re: Juniper Rebounding
Do these analysts call companies and ask them what they have done to fix their problems or do they just speculate based on deals and other external news. Sales news like this has nothing to do with what is going on internally at a company. Juniper needs to articulate why they are relevant in the Enterprise market and what they are doing to be competitive.
More Blogs from Craig's A-List
If there isn't a master plan behind Google's creation of Kubernetes, maybe there ought to be.
Already replaced as CEO, John Chambers is fully detaching as he plans to step down as Cisco chairman, truly ending his time as the face and voice of the company.
The network must be automated. And Light Reading must write about it.
Comcast joins Google in asking for a flexible-rate optical standard, rather than 400G or terabit, but that's easier said than done
Cisco, Juniper and other more traditional Interop speakers might get overshadowed by the forces of virtualization
Featured Video
Upcoming Live Events
March 16-18, 2020, Embassy Suites, Denver, Colorado
April 20, 2020, Las Vegas Convention Center
May 18-20, 2020, Irving Convention Center, Dallas, TX
May 18, 2020, Hackberry Creek Country Club, Irving, Texas
September 15-16, 2020, The Westin Westminster, Denver
All Upcoming Live Events
Upcoming Webinars
Webinar Archive