A10 Networks (NYSE:ATEN – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.650-0.661 for the period, compared to the consensus earnings per share 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 Ratings Changes
ATEN has been the topic of a number of recent analyst reports. BTIG Research boosted their price target on shares of A10 Networks from $30.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Wall Street Zen cut A10 Networks from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Zacks Research cut shares of A10 Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. BWS Financial increased their price target 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. Finally, Mizuho lifted their price objective on shares of A10 Networks from $30.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $31.29.
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A10 Networks Stock Performance
A10 Networks (NYSE:ATEN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. A10 Networks had a net margin of 14.90% and a return on equity of 25.00%. The company had revenue of $80.14 million during the quarter, compared to analysts’ expectations of $77.28 million. During the same period in the prior year, the company earned $0.21 earnings per share. The business’s quarterly revenue was up 15.5% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. On average, equities research analysts forecast that A10 Networks will post 0.83 EPS for the current fiscal year.
Institutional Trading of A10 Networks
Several institutional investors have recently made changes to their positions in ATEN. The Manufacturers Life Insurance Company increased its holdings in A10 Networks by 2.1% in the second quarter. The Manufacturers Life Insurance Company now owns 36,438 shares of the communications equipment provider’s stock valued at $705,000 after purchasing an additional 737 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of A10 Networks by 0.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 137,148 shares of the communications equipment provider’s stock worth $2,426,000 after acquiring an additional 861 shares in the last quarter. Engineers Gate Manager LP increased its holdings in shares of A10 Networks by 2.7% in the fourth quarter. Engineers Gate Manager LP now owns 39,850 shares of the communications equipment provider’s stock worth $705,000 after acquiring an additional 1,060 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of A10 Networks during the fourth quarter worth about $26,000. Finally, Deutsche Bank AG lifted its holdings in shares of A10 Networks by 2.6% during the 4th quarter. Deutsche Bank AG now owns 73,288 shares of the communications equipment provider’s stock valued at $1,296,000 after purchasing an additional 1,889 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors and hedge funds.
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.
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