BTIG Research Reiterates Buy Rating for A10 Networks (NYSE:ATEN)

A10 Networks (NYSE:ATEN)‘s stock had its “buy” rating restated by BTIG Research in a research note issued to investors on Thursday,Benzinga reports. They currently have a $22.00 price target on the communications equipment provider’s stock. BTIG Research’s price objective points to a potential upside of 11.73% from the company’s current price.

Other equities analysts have also issued research reports about the company. Wall Street Zen lowered A10 Networks from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of A10 Networks in a research note on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

A10 Networks Price Performance

ATEN stock opened at $19.69 on Thursday. The company’s 50-day moving average price is $17.77 and its two-hundred day moving average price is $17.74. The firm has a market cap of $1.41 billion, a P/E ratio of 33.95 and a beta of 1.23. The company has a quick ratio of 3.49, a current ratio of 3.56 and a debt-to-equity ratio of 1.03. A10 Networks has a 12 month low of $13.81 and a 12 month high of $21.90.

A10 Networks (NYSE:ATEN) last posted its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. The business had revenue of $80.36 million for the quarter, compared to analyst estimates of $78.09 million. A10 Networks had a net margin of 14.50% and a return on equity of 24.10%. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the business posted $0.24 EPS. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, analysts anticipate that A10 Networks will post 0.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On A10 Networks

Several hedge funds have recently added to or reduced their stakes in ATEN. Royal Bank of Canada increased its position in A10 Networks by 131.3% in the 1st quarter. Royal Bank of Canada now owns 213,118 shares of the communications equipment provider’s stock valued at $3,482,000 after acquiring an additional 120,966 shares during the period. Goldman Sachs Group Inc. raised its position in A10 Networks by 6.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 835,252 shares of the communications equipment provider’s stock worth $13,648,000 after purchasing an additional 51,086 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in A10 Networks by 5.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 202,658 shares of the communications equipment provider’s stock worth $3,311,000 after buying an additional 11,268 shares during the period. Jane Street Group LLC grew its position in shares of A10 Networks by 120.0% in the 1st quarter. Jane Street Group LLC now owns 173,493 shares of the communications equipment provider’s stock valued at $2,835,000 after buying an additional 94,641 shares during the last quarter. Finally, Intech Investment Management LLC increased its stake in shares of A10 Networks by 81.7% in the first quarter. Intech Investment Management LLC now owns 73,995 shares of the communications equipment provider’s stock valued at $1,209,000 after buying an additional 33,262 shares during the period. 98.61% of the stock is currently owned by institutional investors and hedge funds.

Key A10 Networks News

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

• Positive Sentiment: Record Q4 results and AI-driven demand: A10 reported strong Q4/2025 results and said AI-related customer demand is driving momentum; the company is targeting 10%–12% revenue growth for 2026. A10 Networks targets 10%–12% revenue growth
• Positive Sentiment: Revenue guidance above consensus: A10 raised FY2026 revenue guidance (~$319.6M–$325.4M), which is higher than the prior street estimate, supporting top-line growth expectations. A10 Networks shares jump on Q4 earnings beat, strong 2026 outlook
• Positive Sentiment: Analyst buy/reaffirmation: BTIG reaffirmed a “Buy” on ATEN with a $22 price target, signaling institutional confidence and ~11–12% upside to the stated target. BTIG Buy Rating
• Neutral Sentiment: Quarterly dividend declared: A10 announced a $0.06 quarterly dividend (ex-dividend Feb 13; record Feb 16; pay Mar 2), a modest yield (~1.2%) that may broaden investor interest.
• Neutral Sentiment: EPS in line with estimates: Reported EPS of $0.26 matched consensus but reflected modest year-over-year dynamics; investors will focus on margin drivers discussed on the call. EPS matches estimates
• Negative Sentiment: EPS guidance below street estimates: A10 gave FY2026 EPS guidance of $0.640–$0.650, which is materially below the consensus (~$0.83), creating short-term earnings disappointment risk despite the stronger revenue outlook. Why A10 Networks Is Up 9.1% After Record 2025 Results

A10 Networks Company Profile

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.