Zacks Research Weighs in on Fatpipe Inc/UT Q4 Earnings

Fatpipe Inc/UT (NASDAQ:FATN – Free Report) – Investment analysts at Zacks Research dropped their Q4 2027 earnings per share estimates for Fatpipe Inc/UT in a report issued on Friday, November 6th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings of $0.19 per share for the quarter, down from their prior estimate of $0.20. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.46 per share. Zacks Research also issued estimates for Fatpipe Inc/UT’s FY2028 earnings at $0.40 EPS.

Fatpipe Inc/UT (NASDAQ:FATN – Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter. Fatpipe Inc/UT had a return on equity of 30.72% and a net margin of 31.64%. The business had revenue of $4.83 million for the quarter.

A number of other brokerages have also recently issued reports on FATN. Wall Street Zen upgraded Fatpipe Inc/UT from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Weiss Ratings raised shares of Fatpipe Inc/UT from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, November 2nd. Finally, Roth Capital began coverage on shares of Fatpipe Inc/UT in a research note on Thursday, September 10th. They issued a “buy” rating and a $8.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $9.33.

View Our Latest Report on FATN

Fatpipe Inc/UT Stock Up 7.0%

FATN stock opened at $4.86 on Thursday. The company has a quick ratio of 4.91, a current ratio of 5.13 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average price of $5.29 and a two-hundred day moving average price of $4.30. The company has a market cap of $68.66 million, a price-to-earnings ratio of 10.13 and a beta of 2.92. Fatpipe Inc/UT has a twelve month low of $1.31 and a twelve month high of $8.61.

Institutional Investors Weigh In On Fatpipe Inc/UT

Several hedge funds have recently bought and sold shares of FATN. Grandeur Peak Global Advisors LLC bought a new position in Fatpipe Inc/UT during the second quarter worth about $277,000. Allworth Financial LP bought a new stake in Fatpipe Inc/UT in the second quarter valued at approximately $162,000. Finally, BlackRock Inc. bought a new stake in Fatpipe Inc/UT in the second quarter valued at approximately $170,000.

About Fatpipe Inc/UT

(Get Free Report)

FatPipe Inc. is a Utah-based networking technology company that develops software-defined wide area networking (SD-WAN) and WAN optimization solutions. Its products are designed to help organizations improve network performance, reliability, security and connectivity across offices, data centers, cloud environments and remote locations. The company’s offerings use multiple network connections to provide traffic management, failover and load balancing. FatPipe’s portfolio has included SD-WAN, WAN virtualization, VPN, secure connectivity and network optimization solutions intended for enterprises, service providers, government organizations and other institutions.

Recommended Stories

Earnings History and Estimates for Fatpipe Inc/UT (NASDAQ:FATN)

Receive News & Ratings for Fatpipe Inc/UT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fatpipe Inc/UT and related companies with MarketBeat.com's FREE daily email newsletter.