A10 Networks’ (ATEN) “Buy” Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of A10 Networks (NYSE:ATEN) in a research report released on Thursday,Benzinga reports. The brokerage currently has a $37.00 price objective on the communications equipment provider’s stock.

A number of other analysts have also recently issued reports on the company. Weiss Ratings upgraded A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Piper Sandler set a $45.00 target price on A10 Networks in a research note on Tuesday, June 16th. BWS Financial raised their target price on A10 Networks from $30.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Zacks Research downgraded shares of A10 Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Wall Street Zen lowered shares of A10 Networks from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $31.29.

A10 Networks Stock Down 2.3%

ATEN stock opened at $26.95 on Thursday. A10 Networks has a twelve month low of $16.52 and a twelve month high of $38.49. The company has a market cap of $1.94 billion, a PE ratio of 44.92 and a beta of 1.16. The business’s 50-day simple moving average is $33.63 and its 200 day simple moving average is $26.77. The company has a quick ratio of 3.56, a current ratio of 1.29 and a debt-to-equity ratio of 0.99.

A10 Networks (NYSE:ATEN) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $80.14 million for the quarter, compared to analyst estimates of $77.28 million. A10 Networks had a return on equity of 23.63% and a net margin of 13.85%.The company’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.21 earnings per share. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. On average, research analysts anticipate that A10 Networks will post 0.84 earnings per share for the current year.

A10 Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, August 17th. A10 Networks’s payout ratio is presently 40.00%.

Institutional Investors Weigh In On A10 Networks

Several large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in A10 Networks in the second quarter valued at $506,919,000. Walleye Capital LLC bought a new position in shares of A10 Networks during the first quarter valued at $115,600,000. Boston Partners bought a new position in shares of A10 Networks during the fourth quarter valued at $14,795,000. Wellington Management Group LLP lifted its holdings in shares of A10 Networks by 40.2% during the third quarter. Wellington Management Group LLP now owns 2,054,213 shares of the communications equipment provider’s stock valued at $37,284,000 after acquiring an additional 588,922 shares during the period. Finally, Deprince Race & Zollo Inc. acquired a new stake in shares of A10 Networks in the 1st quarter valued at $13,058,000. 98.61% of the stock is currently owned by institutional investors.

Key A10 Networks News

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

• Positive Sentiment: Analysts remain constructive on A10 Networks. BWS Financial reaffirmed its “Buy” rating with a $45 price target, while BTIG Research maintained its “Buy” rating and a $37 target—both implying substantial upside from recent trading levels. A10 Networks Given Buy Rating at BWS Financial
• Positive Sentiment: A10 Networks declared a quarterly dividend of $0.06 per share, payable September 1 to shareholders of record August 17. The dividend supports shareholder returns and represents an annualized yield of approximately 0.9%. A10 Networks Declares Dividend
• Neutral Sentiment: In its second-quarter earnings update, A10 reported revenue of $80.14 million, up 15.5% year over year, and earnings of $0.25 per share versus $0.21 a year earlier. EPS exceeded some estimates but fell short of the $0.26 Zacks consensus, creating a mixed earnings signal. The company’s fiscal 2026 EPS guidance is $0.650–$0.661. A10 Networks Q2 Earnings Snapshot
• Negative Sentiment: A10 Networks filed a prospectus supplement under its automatic shelf registration, enabling it to raise capital through potential future securities offerings. Although no immediate issuance was specified, the prospectus raises dilution concerns and may be weighing on the stock. A10 Networks Files Shelf Prospectus

About A10 Networks

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.