Based on ratings from 4 stock analysts, the A10 Networks Inc stock price is expected to increase by 17.3% in 12 months. This is calculated by using the average 12-month stock price forecast for A10 Networks Inc. The lowest target is $16 and the highest is $24. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assignedATEN 2 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect A10 Networks Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ATEN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ATEN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Hamed Khorsand BWS Financial | Buy | $24 | Maintains | Nov 13, 2024 |
Hamed Khorsand BWS Financial | Buy | $17 | Maintains | Jul 9, 2024 |
Christian Schwab Craig-Hallum | Buy | $16 | Maintains | May 1, 2024 |
Hamed Khorsand BWS Financial | Buy | $17 | Maintains | May 1, 2024 |
Hamed Khorsand BWS Financial | Buy | $17 | Maintains | Feb 7, 2024 |
Hamed Khorsand BWS Financial | Buy | $15 | Reiterates | Oct 5, 2023 |
Christian Schwab Craig-Hallum | Buy | $15 | Maintains | Oct 4, 2023 |
Hamed Khorsand BWS Financial | Buy | $24 | Maintains | Nov 2, 2022 |
Hamed Khorsand BWS Financial | Buy | $20 | Maintains | Oct 29, 2021 |
Craig-Hallum | Buy | Initiates | Jun 23, 2021 | |
Anja Soderstrom Sidoti & Co. | Buy | $15 | Maintains | Oct 28, 2020 |
Sidoti & Co. | Buy | $13 | Maintains | Sep 18, 2020 |
BWS Financial | Buy | $13.5 | Maintains | Jul 29, 2020 |
BWS Financial | Buy | Initiates | Dec 16, 2019 | |
DA Davidson | Buy | Upgrade | Dec 10, 2018 | |
DA Davidson | Neutral | Downgrade | Mar 19, 2018 | |
KeyBanc | Sector Weight | Downgrade | Jul 14, 2017 | |
Keybanc | Sector Weight | Downgrade | Jul 14, 2017 | |
Bank of America | Buy | Maintains | Jul 14, 2017 | |
Dariush Ruch-Kamgar B of A Securities | Buy | $8.5 | Maintains | Jul 14, 2017 |
When did it IPO
2014
Staff Count
525
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Dhrupad Trivedi Ph.D.
Market Cap
$1.22B
In 2023, ATEN generated $251.7M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ATEN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - AI adoption is reshaping data centers and hybrid clouds, increasing security risks. A KPMG survey shows 76% of respondents foresee data privacy threats from Generative AI, necessitating new security solutions.
Why It Matters - Increased AI adoption raises data privacy and security risks, prompting demand for innovative security solutions, impacting tech investments and shaping market strategies.
Summary - A10 Networks (NYSE: ATEN) CEO Dhrupad Trivedi and CFO Brian Becker will attend the UBS Global Technology and AI Conference on December 4, 2024, and host one-on-one meetings.
Why It Matters - A10 Networks' CEO and CFO engaging in investor conferences signals potential growth and strategic initiatives, which can influence stock performance and investor sentiment.
Summary - A10 Networks, Inc. (ATEN) held its Q3 2024 earnings call, providing updates on financial performance and business outlook. Further details on results and projections were discussed.
Why It Matters - A10 Networks' Q3 2024 earnings call provides insights into financial performance, growth prospects, and market trends, influencing investor sentiment and stock valuation.
Summary - A10 Networks reported Q3 2024 revenue of $66.7 million, up from $57.8 million in Q3 2023. Year-to-date revenue reached $187.5 million, compared to $181.3 million in 2023.
Why It Matters - A10 Networks reported increased revenue for Q3 2024, signaling growth and strong demand for its cybersecurity solutions, which may enhance investor confidence and stock performance.
Summary - A10 Networks (ATEN) reported quarterly earnings of $0.21 per share, slightly below the Zacks Consensus Estimate of $0.22, but up from $0.16 per share a year earlier.
Why It Matters - A10 Networks' earnings miss signals potential weakness in performance, which may impact stock valuation and investor sentiment, despite year-over-year growth.
Summary - A10 Networks has announced a plan to enhance the security and delivery of AI applications, aiming to improve cyber resilience for businesses.
Why It Matters - A10 Networks' focus on securing AI applications signals growth in AI cybersecurity demand, potentially boosting their market position and attracting investor interest.