Juniper Networks, Inc. JNPR recently expanded its wired access portfolio with the launch of the new EX4000 Series Switches. Designed to support the evolving needs of modern IT operations, these new switches are equipped to help companies scale their operations, proactively address risks and drive digital transformation initiatives forward. 

Juniper’s EX Series switches are a line of cloud-ready, high-performance access and distribution/core-layer devices for enterprise branch, campus and data center networks. With their zero-touch provisioning and automation capabilities, the switches allow for hands-free configuration, supported by flexible configuration templates that facilitate rapid, large-scale deployments with minimal errors. The Mist AI mobile application further simplifies installation, enabling IT staff to easily scan QR codes to claim, name and assign switches in minutes.

Major Takeaways From JNPR’s EX4000 Series Switches

One of the key features of the state-of-the-art EX4000 Series is its maximized uptime, supported by perpetual power over ethernet across all ports. This ensures continuous power delivery to mission-critical systems, such as Wi-Fi 7 access points and IoT devices, even during outages. The switches' extremely fast boot times allow for quick recovery and accelerated rollouts across enterprise networks. The microservices architecture of the Juniper Mist cloud further supports frequent updates and feature rollouts without service disruptions, enhancing both agility and resiliency.

Cost-effectiveness and scalability are core to the EX4000 Series, which offers a range of multigigabit connectivity options (12-, 24-, or 48-port) and 802.3bt POE++ (up to 60W). The switches also incorporate a virtual chassis design that eliminates the need for costly rewiring when adding next-generation devices, making it ideal for high-density environments and simplifying the migration to Wi-Fi 7. The solution seamlessly integrates with Juniper's AP47 High-Performance Access Points and the sophisticated AI engine Mist AI to enable businesses to unlock the full potential of Wi-Fi 7 cost-effectively. 

Security is another key feature of the EX4000 Series, with Juniper Mist Access Assurance available for "always-on" identification, authentication, and authorization at every point of connection. This feature ensures that only trusted users and devices access the network by automating policy enforcement and access validation. It simplifies the implementation of Zero Trust architectures across large-scale environments, avoiding the operational complexity typically associated with traditional frameworks. 

Sustainability is another priority with the EX4000 Series, which incorporates energy-efficient design elements such as intelligent fan speed adjustments and automatic PoE deactivation when ports are not in use. These features help organizations meet their environmental goals while maintaining efficient network performance. 

Will Strong Portfolio Additions Aid JNPR’s Prospects?

Juniper is witnessing strong momentum across its core industry verticals and is confident of its long-term prospects. Investments in customer solutions and sales organizations have enabled the company to capitalize on the solid demand across end markets. 

With the launch of the new EX4000 Series Switches, Juniper continues its commitment to advancing networking solutions and communication devices by providing innovative products that meet the industry's evolving needs. This reinforces the company’s position as a leader in the field and addresses the industry's dynamic needs.

These advancements are expected to generate incremental demand for Juniper’s solutions, leading to higher revenues. An improved financial performance is likely to propel the stock upward.

JNPR’s Stock Price Performance

Shares of Juniper have plunged 2.6% over the past year against the industry’s growth of 28.7%.

Image Source: Zacks Investment Research

JNPR’s Zacks Rank and Other Stocks to Consider

Juniper currently carries a Zacks Rank #2 (Buy). 

Some other top-ranked stocks in the broader industry have been discussed below.

InterDigital, Inc. IDCC sports a Zacks Rank of 1 (Strong Buy) at present. It has a long-term growth expectation of 15%. You can see the complete list of today’s Zacks #1 Rank stocks here.

IDCC pioneered advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops various advanced technology solutions for digital cellular, wireless 3G, 4G and IEEE 802-related products and networks.

Workday Inc. WDAY carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%. 

WDAY is a top supplier of enterprise-level software solutions for human resources and finance management. The company's cloud-based platform integrates finance and human resources into a single system, simplifying businesses' offering of analytical insights and decision support.

Keysight Technologies, Inc. KEYS carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 5.1%. 

Based in Santa Rosa, CA, Keysight is a provider of electronic design and test instrumentation systems. The company’s suite of connected car test solutions includes Virtual Drive Test Toolset, which facilitates automakers to build virtual test routes in the lab by integrating network and channel emulation capabilities, and combining data captured in the field.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report

InterDigital, Inc. (IDCC) : Free Stock Analysis Report

Workday, Inc. (WDAY) : Free Stock Analysis Report

Keysight Technologies Inc. (KEYS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research