BTIG Research Reiterates Buy Rating for A10 Networks (NYSE:ATEN)

A10 Networks (NYSE:ATEN)‘s stock had its “buy” rating reiterated by investment analysts at BTIG Research in a report issued on Thursday,Benzinga reports. They presently have a $22.00 price target on the communications equipment provider’s stock. BTIG Research’s price target would suggest a potential upside of 25.79% from the company’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Wall Street Zen cut shares of A10 Networks from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “hold (c+)” rating on shares of A10 Networks in a research report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, A10 Networks presently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

A10 Networks Stock Up 1.3%

ATEN stock opened at $17.49 on Thursday. A10 Networks has a one year low of $13.81 and a one year high of $21.90. The firm has a market cap of $1.25 billion, a PE ratio of 25.72 and a beta of 1.23. The firm’s 50 day moving average price is $17.68 and its 200-day moving average price is $17.73. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.49 and a current ratio of 3.64.

A10 Networks (NYSE:ATEN) last posted its earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. A10 Networks had a return on equity of 25.87% and a net margin of 17.78%.The company had revenue of $80.36 million for the quarter, compared to the consensus estimate of $78.09 million. During the same quarter in the previous year, the business earned $0.24 earnings per share. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, equities research analysts anticipate that A10 Networks will post 0.69 EPS for the current year.

Institutional Trading of A10 Networks

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its position in A10 Networks by 131.3% in the first quarter. Royal Bank of Canada now owns 213,118 shares of the communications equipment provider’s stock valued at $3,482,000 after acquiring an additional 120,966 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in A10 Networks by 6.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 835,252 shares of the communications equipment provider’s stock worth $13,648,000 after buying an additional 51,086 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in A10 Networks by 5.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 202,658 shares of the communications equipment provider’s stock worth $3,311,000 after buying an additional 11,268 shares during the period. Jane Street Group LLC increased its position in A10 Networks by 120.0% during the first quarter. Jane Street Group LLC now owns 173,493 shares of the communications equipment provider’s stock worth $2,835,000 after buying an additional 94,641 shares during the period. Finally, Intech Investment Management LLC lifted its stake in A10 Networks by 81.7% in the first quarter. Intech Investment Management LLC now owns 73,995 shares of the communications equipment provider’s stock valued at $1,209,000 after buying an additional 33,262 shares during the last quarter. 98.61% of the stock is owned by hedge funds and other institutional investors.

A10 Networks News Summary

Here are the key news stories impacting A10 Networks this week:

• Positive Sentiment: Record Q4 revenue and sales beat: A10 reported Q4 revenue of $80.4M (up 8.3% YoY), beating consensus and delivering strong gross margins and non‑GAAP EPS of $0.26. This top‑line strength helped lift sentiment. A10 Networks Reports Financial Results
• Positive Sentiment: Management is targeting 10%–12% revenue growth for 2026, citing AI‑driven demand and record Q4 traction — a growth narrative that can support multiple expansion if execution continues. A10 Networks targets 10%–12% revenue growth
• Positive Sentiment: Revenue guidance above consensus: A10 set FY‑2026 revenue guidance of roughly $319.6M–$325.4M, which is higher than the prior street estimate (~$302.4M). Stronger revenue guidance partially offsets concerns elsewhere. Q4 Earnings Snapshot
• Positive Sentiment: Dividend initiated: A10 declared a quarterly cash dividend of $0.06 per share (annualized yield ~1.4%), a modest shareholder‑friendly action that can attract income‑oriented investors. (Ex‑dividend Feb 13; record Feb 16; payable Mar 2.)
• Neutral Sentiment: EPS roughly in line with expectations: Reported non‑GAAP EPS of $0.26 matched consensus, which reduces upside surprise from the bottom line. A10 Networks Matches Q4 Earnings Estimates
• Negative Sentiment: EPS guidance misses the street: Management set FY‑2026 EPS guidance at $0.640–$0.650, well below the consensus (~$0.83). That shortfall is a primary negative catalyst and likely capped gains despite revenue strength. Q4 2025 Earnings Call Transcript

A10 Networks Company Profile

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.