A10 Networks (NYSE:ATEN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.650-0.661 for the period, compared to the consensus estimate of 1.000. The company issued revenue guidance of $325.4 million-$331.2 million, compared to the consensus revenue estimate of $324.8 million.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the stock. BWS Financial raised their price objective on shares of A10 Networks from $30.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Mizuho increased their target price on A10 Networks from $30.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. BTIG Research raised their target price on A10 Networks from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings upgraded A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Finally, Zacks Research downgraded A10 Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, A10 Networks presently has a consensus rating of “Hold” and a consensus target price of $31.29.
Read Our Latest Stock Report on ATEN
A10 Networks Stock Up 1.1%
A10 Networks (NYSE:ATEN – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The firm had revenue of $80.14 million for the quarter, compared to the consensus estimate of $77.28 million. A10 Networks had a net margin of 14.90% and a return on equity of 25.00%. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. As a group, analysts forecast that A10 Networks will post 0.83 EPS for the current fiscal year.
Institutional Trading of A10 Networks
Hedge funds and other institutional investors have recently modified their holdings of the company. Aster Capital Management DIFC Ltd acquired a new stake in A10 Networks during the fourth quarter valued at $26,000. Parkside Financial Bank & Trust raised its stake in shares of A10 Networks by 4,621.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider’s stock worth $43,000 after purchasing an additional 2,357 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of A10 Networks by 120.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,898 shares of the communications equipment provider’s stock worth $114,000 after purchasing an additional 3,225 shares in the last quarter. Graham Capital Management L.P. purchased a new stake in shares of A10 Networks during the 4th quarter worth about $178,000. Finally, State of Wyoming lifted its holdings in shares of A10 Networks by 346.7% during the 2nd quarter. State of Wyoming now owns 13,545 shares of the communications equipment provider’s stock valued at $262,000 after buying an additional 10,513 shares during the last quarter. 98.61% of the stock is currently owned by hedge funds and other institutional investors.
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.
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