A10 Networks (NYSE:ATEN) Announces Earnings Results

A10 Networks (NYSE:ATEN) posted its quarterly earnings data on Wednesday. The communications equipment provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01, FiscalAI reports. The company had revenue of $80.14 million for the quarter, compared to analyst estimates of $77.28 million. A10 Networks had a return on equity of 25.00% and a net margin of 14.90%. A10 Networks updated its FY 2026 guidance to 0.650-0.661 EPS.

A10 Networks Trading Up 1.1%

Shares of ATEN stock traded up $0.35 on Wednesday, reaching $31.05. 1,631,993 shares of the stock were exchanged, compared to its average volume of 1,071,271. The stock has a market cap of $2.24 billion, a PE ratio of 50.08 and a beta of 1.16. A10 Networks has a one year low of $16.52 and a one year high of $38.49. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.71 and a quick ratio of 3.56. The stock has a 50 day moving average price of $33.69 and a 200 day moving average price of $26.60.

Analysts Set New Price Targets

ATEN has been the subject of a number of research analyst reports. BTIG Research lifted their price target on A10 Networks from $30.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Weiss Ratings upgraded shares of A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. BWS Financial boosted their target price 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. Zacks Research lowered shares of A10 Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Sidoti reissued a “neutral” rating and set a $24.00 price target on shares of A10 Networks in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, A10 Networks presently has a consensus rating of “Hold” and an average price target of $31.29.

Institutional Trading of A10 Networks

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATEN. Aster Capital Management DIFC Ltd acquired a new position in A10 Networks during the 4th quarter valued at about $26,000. Parkside Financial Bank & Trust grew its position 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 buying an additional 2,357 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of A10 Networks by 120.7% during the second quarter. Tower Research Capital LLC TRC now owns 5,898 shares of the communications equipment provider’s stock worth $114,000 after buying an additional 3,225 shares during the last quarter. Graham Capital Management L.P. bought a new stake in shares of A10 Networks during the fourth quarter worth approximately $178,000. Finally, Pacer Advisors Inc. lifted its holdings in A10 Networks by 46.4% in the fourth quarter. Pacer Advisors Inc. now owns 13,592 shares of the communications equipment provider’s stock valued at $240,000 after buying an additional 4,305 shares during the period. 98.61% of the stock is currently owned by institutional investors and hedge funds.

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.