A10 Networks (NYSE:ATEN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.640-0.650 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of $319.6 million-$325.4 million, compared to the consensus revenue estimate of $302.4 million.
A10 Networks Stock Performance
A10 Networks stock opened at $19.26 on Friday. A10 Networks has a 1-year low of $13.81 and a 1-year high of $21.90. The firm has a 50 day simple moving average of $17.72 and a 200-day simple moving average of $17.74. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 33.20 and a beta of 1.23. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.64 and a quick ratio of 3.49.
A10 Networks (NYSE:ATEN – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. A10 Networks had a net margin of 14.50% and a return on equity of 24.39%. The business had revenue of $80.36 million during the quarter, compared to the consensus estimate of $78.09 million. During the same quarter in the previous year, the firm posted $0.24 earnings per share. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, analysts expect that A10 Networks will post 0.69 EPS for the current year.
A10 Networks Announces Dividend
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on ATEN. Wall Street Zen cut A10 Networks from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of A10 Networks in a research note on Wednesday, January 21st. Finally, BTIG Research restated a “buy” rating and issued a $22.00 price target on shares of A10 Networks in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, A10 Networks has an average rating of “Moderate Buy” and an average target price of $22.00.
Get Our Latest Stock Report on ATEN
Hedge Funds Weigh In On A10 Networks
A number of hedge funds have recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co lifted its holdings in shares of A10 Networks by 3.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 80,265 shares of the communications equipment provider’s stock worth $1,450,000 after acquiring an additional 3,049 shares during the period. Verity Asset Management Inc. grew its holdings in A10 Networks by 3.2% during the 3rd quarter. Verity Asset Management Inc. now owns 91,400 shares of the communications equipment provider’s stock worth $1,659,000 after acquiring an additional 2,795 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in A10 Networks by 68.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 563,476 shares of the communications equipment provider’s stock worth $10,227,000 after buying an additional 228,837 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its stake in shares of A10 Networks by 4.0% during the third quarter. Punch & Associates Investment Management Inc. now owns 1,431,358 shares of the communications equipment provider’s stock valued at $25,979,000 after acquiring an additional 55,469 shares during the period. Finally, Millennium Management LLC lifted its position in A10 Networks by 55.5% during the 3rd quarter. Millennium Management LLC now owns 144,845 shares of the communications equipment provider’s stock valued at $2,629,000 after purchasing an additional 51,718 shares during the period. Institutional investors and hedge funds own 98.61% of the company’s stock.
About A10 Networks
A10 Networks, Inc (NYSE: ATEN), headquartered in San Jose, California, designs and sells networking and security solutions that accelerate application performance and protect data across on-premises, cloud and hybrid environments. Founded in 2004, the company’s offerings target enterprises, service providers and cloud operators seeking high availability, secure access and optimized traffic delivery for critical applications.
The company’s core portfolio includes application delivery controllers (ADCs) for load balancing and traffic management, advanced distributed denial-of-service (DDoS) protection appliances, SSL inspection solutions and carrier-grade NAT (CGNAT) platforms.
Further Reading
- Five stocks we like better than A10 Networks
- Trade this between 9:30 and 10:45 am EST
- New gold price target
- When to buy gold (mathematically)
- Nervous about the stock market? Read this
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for A10 Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A10 Networks and related companies with MarketBeat.com's FREE daily email newsletter.
