A10 Networks (NYSE:ATEN) Given "Buy" Rating at BTIG Research

Key Points

• BTIG Research reaffirmed a “Buy” rating on A10 Networks and set a $37 price target, implying approximately 19% upside from the prior close.
• A10 Networks exceeded quarterly expectations, reporting $0.25 in EPS versus $0.24 expected and $80.1 million in revenue versus $77.3 million anticipated; revenue rose 15.5% year over year.
• Analyst sentiment remains mixed, with an overall “Hold” consensus and average price target of $31.29. The company’s fiscal 2026 EPS guidance of $0.650–$0.661 is also substantially below the $1.00 analyst consensus, creating a key concern for investors.

A10 Networks (NYSE:ATEN - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at BTIG Research in a research note issued on Thursday,Benzinga reports. They currently have a $37.00 price target on the communications equipment provider's stock. BTIG Research's target price would suggest a potential upside of 19.17% from the company's previous close.

A number of other equities research analysts have also recently weighed in on ATEN. Wall Street Zen cut shares of A10 Networks from a "buy" rating to a "hold" rating in a report on Saturday, June 20th. Mizuho upped their price target on A10 Networks from $30.00 to $34.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 15th. Sidoti reiterated a "neutral" rating and set a $24.00 price objective on shares of A10 Networks in a research note on Monday, April 20th. BWS Financial increased their target price on A10 Networks from $30.00 to $45.00 and gave the stock a "buy" rating in a research note on Tuesday, June 16th. Finally, Zacks Research cut shares of A10 Networks from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $31.29.

A10 Networks Price Performance

ATEN opened at $31.05 on Thursday. The company has a current ratio of 3.71, a quick ratio of 3.56 and a debt-to-equity ratio of 0.99. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 50.08 and a beta of 1.16. The stock has a fifty day simple moving average of $33.73 and a two-hundred day simple moving average of $26.70. A10 Networks has a 12-month low of $16.52 and a 12-month high of $38.49.

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

Institutional Trading of A10 Networks

Large investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC increased its stake in shares of A10 Networks by 84.3% in the fourth 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 lifted its stake in shares of A10 Networks by 967.4% during the 4th quarter. AlphaQuest LLC now owns 162,685 shares of the communications equipment provider's stock valued at $2,878,000 after buying an additional 147,444 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of A10 Networks during the 1st quarter valued at $2,283,000. Louisiana State Employees Retirement System bought a new position in A10 Networks in the 1st quarter worth $733,000. Finally, Rice Hall James & Associates LLC boosted its holdings in 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 worth $5,599,000 after buying an additional 42,715 shares during the period. 98.61% of the stock is currently owned by institutional investors.

Trending Headlines about A10 Networks

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

• Positive Sentiment: A10 Networks reported second-quarter revenue of $80.1 million, up 15.5% year over year and above the $77.3 million analyst estimate. EPS was $0.25, ahead of the $0.24 consensus cited by some analysts, while first-half revenue increased 14.5% to $155.1 million. A10 Networks Reports Financial Results for the Second Quarter of 2026
• Positive Sentiment: The company declared a quarterly dividend of $0.06 per share, payable September 1 to shareholders of record August 17. The dividend implies an annualized yield of approximately 0.8% and may appeal to income-oriented investors. A10 Networks declares $0.06 dividend
• Neutral Sentiment: Brokerages established an average price target of $31.29. This is close to ATEN’s recent trading level, suggesting limited near-term upside based on currently reported targets. Brokerages Set A10 Networks Price Target at $31.29
• Negative Sentiment: A10 Networks issued fiscal 2026 EPS guidance of $0.650–$0.661, well below the $1.00 analyst consensus. Although revenue guidance of $325.4 million–$331.2 million is slightly above expectations, the earnings outlook raises concerns about margins, costs, or profitability and is the most significant pressure on ATEN shares. A10 Networks Q2 Earnings Miss Estimates

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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