A10 Networks' (ATEN) "Buy" Rating Reiterated at BWS Financial

Key Points

• BWS Financial reiterated its “Buy” rating on A10 Networks and maintained a $45 price target, implying 57.45% upside from the prior close.
• A10 Networks beat quarterly expectations, reporting $0.25 EPS and $80.14 million in revenue; revenue increased 15.5% year over year.
• Despite the earnings beat, analyst sentiment remains mixed, with an average “Hold” rating and $31.29 target price. The company’s fiscal 2026 EPS guidance of $0.650–$0.661 is below the broader consensus estimate.

A10 Networks (NYSE:ATEN - Get Free Report)'s stock had its "buy" rating reiterated by BWS Financial in a report released on Thursday,Benzinga reports. They currently have a $45.00 price target on the communications equipment provider's stock. BWS Financial's price target would suggest a potential upside of 57.45% from the stock's previous close.

Several other equities analysts also recently issued reports on ATEN. Weiss Ratings raised shares of A10 Networks from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, June 24th. Mizuho increased their price target on A10 Networks from $30.00 to $34.00 and gave the stock a "neutral" rating in a report on Wednesday, July 15th. Zacks Research downgraded A10 Networks from a "strong-buy" rating to a "hold" rating in a report on Monday, June 29th. Sidoti reissued a "neutral" rating and issued a $24.00 price target on shares of A10 Networks in a research report on Monday, April 20th. Finally, Piper Sandler set a $45.00 price objective on shares of A10 Networks in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $31.29.

A10 Networks Price Performance

ATEN traded down $2.26 during trading on Thursday, hitting $28.58. 567,113 shares of the stock traded hands, compared to its average volume of 1,066,940. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.71 and a quick ratio of 3.56. A10 Networks has a twelve month low of $16.52 and a twelve month high of $38.49. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 46.05 and a beta of 1.16. The business has a 50 day moving average price of $33.73 and a 200 day moving average price of $26.70.

A10 Networks (NYSE:ATEN - Get Free Report) last issued its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $80.14 million during the quarter, compared to the consensus estimate of $77.28 million. A10 Networks had a return on equity of 25.00% and a net margin of 14.90%.The business's quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 earnings per share. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. Equities research analysts forecast that A10 Networks will post 0.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On A10 Networks

Hedge funds have recently modified their holdings of the stock. Hsbc Holdings PLC lifted its holdings in A10 Networks by 84.3% during the 4th quarter. Hsbc Holdings PLC now owns 153,816 shares of the communications equipment provider's stock worth $2,724,000 after purchasing an additional 70,357 shares in the last quarter. AlphaQuest LLC boosted its holdings in A10 Networks by 967.4% in the 4th quarter. AlphaQuest LLC now owns 162,685 shares of the communications equipment provider's stock valued at $2,878,000 after purchasing an additional 147,444 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of A10 Networks in the first quarter worth $2,283,000. Louisiana State Employees Retirement System bought a new stake in A10 Networks during the first quarter valued at $733,000. Finally, Rice Hall James & Associates LLC raised its holdings in shares of A10 Networks by 15.6% in the 4th quarter. Rice Hall James & Associates LLC now owns 316,512 shares of the communications equipment provider's stock valued at $5,599,000 after acquiring an additional 42,715 shares in the last quarter. Institutional investors own 98.61% of the company's stock.

A10 Networks News Summary

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

• Positive Sentiment: BTIG reaffirmed its “buy” rating and set a $37 price target, implying substantial upside from recent trading levels and signaling continued confidence in A10 Networks’ prospects. Benzinga analyst rating article
• Positive Sentiment: Second-quarter revenue rose 15.5% year over year to $80.1 million, exceeding the approximately $77.3 million consensus estimate. Adjusted EPS of $0.25 also topped the commonly cited $0.24 estimate, compared with $0.21 a year earlier. First-half revenue increased 14.5% to $155.1 million. A10 Networks second-quarter results
• Positive Sentiment: A10 Networks declared a quarterly dividend of $0.06 per share, payable September 1 to shareholders of record August 17. The dividend provides a modest annualized yield of roughly 0.8% and may support shareholder returns. A10 Networks dividend announcement
• Neutral Sentiment: Analyst price targets remain above the current share price, with the broader brokerage target reported at $31.29 versus BTIG’s $37 target. However, target revisions and estimates may remain sensitive to the company’s reduced earnings outlook. A10 Networks price target coverage
• Negative Sentiment: Full-year 2026 EPS guidance of $0.650–$0.661 is well below the $1.00 consensus estimate. Although revenue guidance of $325.4 million–$331.2 million is slightly above the $324.8 million consensus, the profitability shortfall is likely driving investor concerns and overshadowing the quarterly beat. A10 Networks earnings and guidance report

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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