Brokers Set Expectations for Fatpipe Inc/UT Q3 Earnings

Key Points

• Zacks Research cut its Q3 2027 EPS estimate for Fatpipe to $0.08 from $0.12. Its FY2027 estimate is $0.44 per share, compared with a $0.46 consensus for the current full year.
• Analyst views are mixed but lean positive: three analysts rate the stock Buy and one Sell, giving it a “Moderate Buy” consensus and an average price target of $9.33.
• Fatpipe reported quarterly EPS of $0.11 on revenue of $4.83 million. Shares opened at $4.68, while the company’s market capitalization was about $66 million.

Fatpipe Inc/UT (NASDAQ:FATN - Free Report) - Research analysts at Zacks Research dropped their Q3 2027 earnings estimates for Fatpipe Inc/UT in a research report issued on Friday, November 6th. Zacks Research analyst L. Thompson now expects that the company will post earnings per share of $0.08 for the quarter, down from their previous estimate of $0.12. 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 FY2027 earnings at $0.44 EPS.

Several other analysts have also issued reports on the stock. Roth Capital initiated coverage on shares of Fatpipe Inc/UT in a research report on Thursday, September 10th. They issued a "buy" rating and a $8.00 price target on the stock. Wall Street Zen raised shares of Fatpipe Inc/UT from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Finally, Weiss Ratings upgraded shares of Fatpipe Inc/UT from a "sell (d)" rating to a "sell (d+)" rating in a research note on Monday, November 2nd. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $9.33.

Fatpipe Inc/UT Price Performance

Shares of Fatpipe Inc/UT stock opened at $4.68 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 5.13 and a quick ratio of 4.91. Fatpipe Inc/UT has a fifty-two week low of $1.31 and a fifty-two week high of $8.61. The firm has a fifty day moving average price of $5.27 and a two-hundred day moving average price of $4.30. The company has a market cap of $66.13 million, a PE ratio of 8.24 and a beta of 2.92.

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

Institutional Trading of Fatpipe Inc/UT

A number of institutional investors and hedge funds have recently modified their holdings of FATN. Allworth Financial LP acquired a new position in shares of Fatpipe Inc/UT in the second quarter valued at $162,000. Grandeur Peak Global Advisors LLC acquired a new stake in Fatpipe Inc/UT during the second quarter worth $277,000. Finally, BlackRock Inc. acquired a new stake in Fatpipe Inc/UT during the second quarter worth $170,000.

Fatpipe Inc/UT Company Profile

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.

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