A10 Networks (ATEN) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for A10 Networks in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATEN shares.
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2 Wall Street research analysts have issued 1-year target prices for A10 Networks' stock. 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 63.7% 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 on January 1st, 2023. Since then, ATEN shares have decreased by 11.8% and is now trading at $14.66.
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A10 Networks saw a decline in short interest in May. As of May 15th, there was short interest totaling 1,900,000 shares, a decline of 10.4% from the April 30th total of 2,120,000 shares. Based on an average daily trading volume, of 642,600 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.8% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our ATEN earnings forecast.

A10 Networks, Inc. (NYSE:ATEN) posted its quarterly earnings results on Wednesday, October, 27th. The communications equipment provider reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. The communications equipment provider earned $65.36 million during the quarter, compared to the consensus estimate of $63.12 million. A10 Networks had a trailing twelve-month return on equity of 22.81% and a net margin of 16.17%. During the same period last year, the firm posted $0.08 EPS.

A10 Networks announced a quarterly dividend on Thursday, May 4th. Investors of record on Monday, May 15th will be given a dividend of $0.06 per share on Thursday, June 1st. This represents a $0.24 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Friday, May 12th.
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), WisdomTree Cybersecurity Fund (WCBR), SPDR Kensho Future Security ETF (FITE), iShares Cybersecurity and Tech ETF (IHAK), Invesco S&P SmallCap Information Technology ETF (PSCT), First Trust Nasdaq Cybersecurity ETF (CIBR) and

A10 Networks (NYSE:ATEN) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATEN will have a dividend payout ratio of 28.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATEN.

A10 Networks updated its first quarter 2023 earnings guidance on Monday, April, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $56.00 million-$58.00 million, compared to the consensus revenue estimate of $66.05 million.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.02%), Renaissance Technologies LLC (3.36%), State Street Corp (3.19%), First Trust Advisors LP (3.05%), Mirae Asset Global Investments Co. Ltd. (2.51%) and Bank of New York Mellon Corp (2.27%). 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.
View institutional ownership trends.

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 $14.66.

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 $0.58 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.