Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is FireEye a Buy?

TheMotleyFool

0 0

Former cybersecurity darling FireEye (NASDAQ: FEYE) has been in a serious slump for the last few years. Following its September 2013 IPO, the company's shares gained ground rapidly for five months, peaked, and then headed sharply down again. Since early 2016, it has been relatively flat, hovering in a range well below its offering price.

Its revenues have continued to climb, but at a far slower pace than early investors in the company were expecting. Cybersecurity technology has advanced, and FireEye simply hasn't been quick enough to pick up on new trends. No doubt the company has a future, but its prospects -- and its value -- are unclear given the amount of competition out there.