A10 Networks - ATEN Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for A10 Networks in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ATEN shares.
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1 Wall Street analysts have issued 1 year price objectives for A10 Networks' shares. Their ATEN share price forecasts range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 64.3% from the stock's current price.
View analysts price targets for ATEN or view top-rated stocks among Wall Street analysts.

A10 Networks' stock was trading at $16.63 at the start of the year. Since then, ATEN shares have decreased by 12.1% and is now trading at $14.61.
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A10 Networks saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,280,000 shares, an increase of 14.7% from the February 13th total of 2,860,000 shares. Based on an average daily volume of 660,300 shares, the short-interest ratio is presently 5.0 days. Approximately 4.8% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our ATEN earnings forecast.

A10 Networks, Inc. (NYSE:ATEN) issued its quarterly earnings results on Tuesday, February, 7th. The communications equipment provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.01. The communications equipment provider had revenue of $77.63 million for the quarter, compared to analysts' expectations of $75.52 million. A10 Networks had a net margin of 16.73% and a trailing twelve-month return on equity of 22.65%.

A10 Networks declared a quarterly dividend on Tuesday, February 7th. Stockholders of record on Friday, February 17th will be given a dividend of $0.06 per share on Wednesday, March 1st. This represents a $0.24 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Thursday, February 16th.
Read our dividend analysis for ATEN.

ETFs with the largest weight of A10 Networks (NYSE:ATEN) stock in their portfolio include Global X Cybersecurity ETF (BUG), Invesco Dynamic Networking ETF (PXQ), SPDR Kensho Future Security ETF (FITE), Invesco DWA Technology Momentum ETF (PTF), iShares Cybersecurity and Tech ETF (IHAK), Hartford Longevity Economy ETF (HLGE), Invesco S&P SmallCap Information Technology ETF (PSCT) and First Trust Nasdaq Cybersecurity ETF (CIBR).

A10 Networks (NYSE:ATEN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.67%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.34%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ATEN.

13 employees have rated A10 Networks Chief Executive Officer Dhrupad Trivedi on Glassdoor.com. Dhrupad Trivedi has an approval rating of 99% among the company's employees. This puts Dhrupad Trivedi in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other A10 Networks investors own include Cenovus Energy (CVE), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Micron Technology (MU), Pfizer (PFE), CA (CA), Sorrento Therapeutics (SRNE), AT&T (T), AbbVie (ABBV) and BlackRock (BLK).

A10 Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATEN."

A10 Networks' stock is owned by many different retail and institutional investors. Top institutional investors include First Trust Advisors LP (3.40%), Renaissance Technologies LLC (3.38%), Mirae Asset Global Investments Co. Ltd. (3.17%), Alliancebernstein L.P. (2.98%), Legal & General Group Plc (2.19%) and Dimensional Fund Advisors LP (1.79%). Insiders that own company stock include Brian Becker, Dhrupad Trivedi, Eric Singer, Gunter Reiss, Matthew P Bruening, Robert D Cochran, Summit Partners L P and Thomas Constantino.
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Shares of ATEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATEN stock can currently be purchased for approximately $14.61.

A10 Networks (NYSE:ATEN) has a market capitalization of $1.08 billion and generates $280.34 million in revenue each year. The communications equipment provider earns $46.91 million in net income (profit) each year or $0.61 on an earnings per share basis.

The company employs 590 workers across the globe.

A10 Networks' mailing address is 2300 ORCHARD PKWY, SAN JOSE CA, 95131. The official website for the company is www.a10networks.com. The communications equipment provider can be reached via phone at (408) 325-8668, via email at investors@a10networks.com, or via fax at 408-325-8666.