Zacks Research Forecasts Reduced Earnings for Fatpipe Inc/UT

Key Points

• Zacks Research lowered its Q4 2027 EPS forecast for FatPipe to $0.19 from $0.20 and projects FY2028 EPS of $0.40. The consensus estimate for the current full year is $0.46 per share.
• FatPipe reported quarterly EPS of $0.11 on revenue of $4.83 million, with a 30.72% return on equity and 31.64% net margin.
• Analyst sentiment is moderately positive: three analysts rate the stock Buy and one rates it Sell, with a consensus price target of $9.33.

Fatpipe Inc/UT (NASDAQ:FATN - Free Report) - Zacks Research decreased their Q4 2027 earnings per share (EPS) estimates for Fatpipe Inc/UT in a report released on Friday, November 6th. Zacks Research analyst L. Thompson now anticipates that the company will earn $0.19 per share for the quarter, down from their previous forecast of $0.20. 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 FY2028 earnings at $0.40 EPS.

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

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

Fatpipe Inc/UT Price Performance

NASDAQ FATN opened at $4.86 on Thursday. The business has a 50 day simple moving average of $5.29 and a 200 day simple moving average of $4.30. Fatpipe Inc/UT has a 52-week low of $1.31 and a 52-week high of $8.61. The company has a debt-to-equity ratio of 0.15, a quick ratio of 4.91 and a current ratio of 5.13. The stock has a market cap of $68.66 million, a price-to-earnings ratio of 10.13 and a beta of 2.92.

Institutional Investors Weigh In On Fatpipe Inc/UT

Several institutional investors have recently bought and sold shares of FATN. Allworth Financial LP acquired a new stake in shares of Fatpipe Inc/UT in the second quarter valued at approximately $162,000. Grandeur Peak Global Advisors LLC acquired a new position in Fatpipe Inc/UT during the second quarter worth $277,000. Finally, BlackRock Inc. acquired a new position 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.

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.