A10 Networks (NYSE:ATEN) Given New $30.00 Price Target at BTIG Research

A10 Networks (NYSE:ATEN) had its target price hoisted by BTIG Research from $22.00 to $30.00 in a research note issued to investors on Wednesday,Benzinga reports. BTIG Research currently has a buy rating on the communications equipment provider’s stock.

Several other analysts have also commented on ATEN. BWS Financial raised their price objective on A10 Networks from $24.00 to $28.00 and gave the company a “buy” rating in a report on Friday, February 20th. Wall Street Zen lowered A10 Networks from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. DNB Markets set a $9.00 price objective on A10 Networks in a report on Monday, March 9th. Loop Capital set a $25.00 price objective on A10 Networks in a report on Monday, March 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of A10 Networks in a report on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.38.

A10 Networks Stock Down 5.3%

A10 Networks stock opened at $26.63 on Wednesday. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 45.91 and a beta of 1.09. A10 Networks has a 52 week low of $15.91 and a 52 week high of $28.59. The business’s 50-day moving average price is $23.01 and its 200 day moving average price is $19.68. The company has a quick ratio of 3.43, a current ratio of 3.56 and a debt-to-equity ratio of 1.03.

A10 Networks (NYSE:ATEN) last issued its quarterly earnings data on Tuesday, April 28th. The communications equipment provider reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.The company had revenue of $75.00 million for the quarter, compared to analyst estimates of $72.61 million. During the same period last year, the company earned $0.20 earnings per share. A10 Networks’s quarterly revenue was up 13.4% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. As a group, sell-side analysts anticipate that A10 Networks will post 0.8 earnings per share for the current year.

A10 Networks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.9%. A10 Networks’s payout ratio is currently 41.38%.

Insider Activity

In other news, CEO Dhrupad Trivedi sold 33,334 shares of A10 Networks stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $20.55, for a total value of $685,013.70. Following the sale, the chief executive officer directly owned 713,597 shares of the company’s stock, valued at $14,664,418.35. The trade was a 4.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.21% of the stock is owned by corporate insiders.

Institutional Trading of A10 Networks

Institutional investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new stake in shares of A10 Networks in the fourth quarter worth approximately $26,000. Jones Financial Companies Lllp boosted its stake in shares of A10 Networks by 271.4% in the third quarter. Jones Financial Companies Lllp now owns 1,560 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 1,140 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of A10 Networks by 92.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider’s stock worth $40,000 after acquiring an additional 1,083 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of A10 Networks by 4,621.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider’s stock worth $43,000 after acquiring an additional 2,357 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its stake in shares of A10 Networks by 2,829.4% in the fourth quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider’s stock worth $44,000 after acquiring an additional 2,405 shares during the last quarter. 98.61% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting A10 Networks

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

• Positive Sentiment: Q1 results beat consensus: GAAP EPS equivalents were $0.24 (beat $0.22 est.) and revenue was $75.0M (up 13.4% YoY and above the ~$72.6M consensus). Strong margins and profitability were highlighted in the release. Zacks: Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Analyst upgrade: BTIG raised its price target from $22 to $30 and set a “buy” rating — a signal of renewed analyst confidence and a potential catalyst for demand. Benzinga: BTIG Research Raises Price Target
• Neutral Sentiment: Dividend declared: A10 announced a $0.06 quarterly dividend (annualized yield ~0.9%), payable June 1 to holders of record May 15 — small income signal but unlikely to materially move the stock.
• Neutral Sentiment: Company materials available: The earnings slide deck and the Q1 earnings call transcript are posted for investors to review management commentary and guidance detail. Q1 Results – Earnings Call Presentation Earnings Call Transcript
• Negative Sentiment: Weak forward guide drove the sell-off: A10 lowered FY2026 EPS guidance to $0.640–$0.650 versus the consensus near $0.97 (a sizable miss), with revenue guidance roughly in line but the EPS guide signaling lower near-term profitability expectations — this appears to be the primary reason shares declined. Business Wire: A10 Networks Reports Financial Results for Q1 2026

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.