RR has to go if Juniper has to survive
Another bad quarter , another bad year , last 3 years have been worst for juniper under his leadership
58 replies (most recent on top)
If Juniper would cut hardware margins and sell it at loss like PANW, probably would be able to have $50B revenue. But what's the point in burning shareholders money to cover the loss, while killing the market at same time?
That's no different than Ponzi scheme. It's sad to see most of tech industry operating in this mode, these days.
Switching is not good example. From irrelevant player in this market, Juniper bacame one of the leaders. Give credit, where credit is due.
Juniper outlived many and will continue to do so, as it operates in safe mode. Just needs to increase R&D and further impove products, that's what market needs - that's what will bring increased profits to shareholders.
Comparing JNPR stock in the past 6 months and comparing with Arista is not fair. We need to have a long-term view of things. Over the past 5 years, Juniper has been trading flat i.e between $20-$30. Arista has grown 5 fold in that time. As I mentioned earlier, recent weakness in tech stocks is just a correction since most tech stocks were overvalued. Juniper was never overvalued, so it is unaffected with this selloff. Moving forward 5 years, where do you see Juniper w.r.t. other tech companies is what matters. My guess is Juniper will be still stuck between $20-$30, best case is it will touch $40. However, Arista might grow 2x-3x at the same time if they execute correctly.
Stating that Juniper security profit is more that Palo Alto Networks is also not fair. PANW is investing a lot in R&D and is focussing on growing its top line. In the last 1 year, revenue has been upwards of $2B, while Juniper security is just $300m. In the next 5 years, PANW might cross Juniper's total revenue of around $5B, while Juniper security will be stuck in the $300m mark or might entirely disappear.
To see RR's performance, let go back to 2014 when he became CEO. In 2014, JNPR revenue was 4.6B. In 2018, JNPR revenue will be around $4.7B (assuming they make $1.2B in Q4). This is 0% growth in 4 years and at a time which has been the best for the tech sector. The stock price is roughly what it was at the beginning of 2014 after IOP.
Well yes, chopping off the dead wood is always nice to have and absolutely necessary exercise from time to time.
Shareholders/company_owners also hate to see people doing politics, instead of development. Every person from Engineering not able to lead by example should be canned asap. As simple as that.
Give the CTO guy more power to run things.
He seems to be the only person in the leadership circle who "gets it" and has that innovate Google brain to string some wins together.
What RR FAILS to understand is the amount of TOXIC leadership under him that is sinking the ship.
He has to be much more PROACTIVE in addressing political dead weight with big titles and nurturing/promoting the underling folks that actually get things done.
It seems RR doesn't want to address this with the urgency it needs. This deterioration of morale from these leaderships under him will cause more great people to seek employment elsewhere. And without actual talent, your DEAD. Why do you think Facebook pays so well and has so many elite workers--b/c they know that without them, they are dead in the water too.
RR fails to address how to stop the morale bleeding with the people that MATTER. First, start at the top and put a STOP to some extremely incompetent Sr. VP/VP/Director "BS talkers/manipulators" who pass the blame down below with unfair firings of truly talented people and keeping the incompetent a-- kissers/buddies/race bias Indian bro's around who further accelerate the negative growth clown show narrative into oblivion.
This is a priority #1 Defcon 5 cultural issue that needs to be addressed in a Steve Jobs terraforming style.....before it's too late! The clock is ticking, RR. Tick! Tock!
That's not called issue - it's more of untapped potential. Share price/dividend return is sole metrics.
Juniper is doing ok, but it should impove. Only way for that to happen is to increase R&D costs - there is some headroom to do that, right now. It's up to Mr. CEO to make the righ moves.
Read this informative article: https://seekingalpha.com/article/4213866-juniper-q3-earnings-cloud-issues
If the link is deleted, go to SeekingAlpha and read: "Juniper Q3 Earnings: Cloud Issues"
As a CEO of public company, RR is solely responsible to shareholders. Shareholders care only about stock prices and dividends. Recent market moves favor Juniper and that's end of this discussion. If it drops bellow 25$, sure, throw him out...
Stock price is a pretty meaningless indicator of health because investors don’t pay too much attention to Juniper. Juniper is keeping Wall Street from killing the stock through attrition and layoffs right now. Could they come out of this OK? Sure they could. But the odds are not in its favor. But yeah, Juniper is actually better positioned than some of its flashier competitors.
Sure let’s talk about Arista and how they dropped 30% in 2 months. Investors must love it, LOL... oh, wait, Arista not good example any more, haha, tanking faster than bitcoin. Let’s start from beginning, and pick some other promising startup. Or maybe put all in bitcoin, what can go wrong. LOL
Funny, you try to make a point with stock performance. There is a fun fact: JNPR has been in the 20s for quite a few years while the entire tech sector soared. What does that tell you about "company is built on solid grounds" or "market is taking notice"? lol
In some ways yes Juniper is a very good company. We have some seriously legit franchises. And we are a cash machine. Just no growth. Ain’t happening. Probably ever.
Our culture is extremely low-performance. I think most of the people here who have spent their entire careers in and around telco really don’t understand this.
Fun fact - Juniper makes more profits on security then Palo Alto, Fortinet and FireEye combined. Tech sector is correcting, allright - Juniper up, everyone else down.
All shows this company is built on solid grounds and not speculative manipulation & hipster hype. Matter of time investors realize it, if not already.
100+% turnover in RR leadership team with zero and I mean zero improvements, 6+ months with no sales leader and 6+ months with no HR leader. IMHO, juniper is having a really hard time attracting good talent and retaining good talent. Now they hired some new sales leader that is a clown and hiring all his buddies as VPs. The new sales leader has taken more time off and vacation days than he's actually worked a complete joke :-/
What do you mean by a slump in the tech sector? Tech has been soaring for years. If you are referring to tech stocks which are going down in the past few months, it is not a slump, it is a correction which was necessary since tech stocks were overvalued.
About Juniper, let's compare 9 months of 2018 with 9 months of 2017 (all numbers in millions).
Routing - 1679 -> 1395
Switching - 730 -> 705
Security - 205 -> 229
So, both Routing and Switching are down. Security is up but the numbers in security are so low, it really doesn't matter.
Personally, I do not think Switching and Security can survive in the long term. Juniper is way behind competition in these sectors.
Dude, routing IS down. Everything else is growing. Juniper pivoted succesfully and market is taking notice. Look for a stock to soar, after this general slump in tech sector is over.
There is no doubt that the results are not good. 2018 will be a down year relative to 2017. The stock is surprisingly up. Reasons could be aggressive buyback which is reducing share count, cost-cutting measures which are improving bottom line even though the top line is down. IMHO, the stock will top out around $30 and move down towards $20 over the next year. Juniper is no longer an innovative company, it is all about fudging stuff to make the bottom line look good.
I had high hopes with RR but has been disappointing so far. 4 years as CEO and literally no improvement in JNPR. I do not think it has been worst under his leadership since leadership was
weak even before RR became CEO.
Routing being down should be a very big concern. Juniper's fate is pretty much sealed in Switching and Security. If Routing also goes down, Juniper is screwed.
Bullsh1t, all tech stocks down - Juniper up. Check yo self before you wreck yo self bro.