Key Highlights:
- A10 Networks (ATEN, Financial) receives a "Buy" rating from Deutsche Bank, with a price target of $22.
- Analysts' price targets suggest an average upside of 18.05% from the current price.
- GuruFocus estimates suggest a potential downside based on the GF Value metric.
A10 Networks (ATEN) experienced a slight premarket share increase after Deutsche Bank initiated coverage with a Buy rating and a $22 target. The company, with notable gross margins above 80%, benefits from increased spending by service providers and a shift towards security solutions bolstered by AI adoption.
Wall Street Analysts Forecast
According to the one-year price targets provided by four analysts, the average target price for A10 Networks Inc (ATEN, Financial) is $22.50. Analysts predict a high estimate of $24.00 and a low estimate of $20.00. This average target suggests an upside of 18.05% from the current price of $19.06. For more detailed estimate data, please visit the A10 Networks Inc (ATEN) Forecast page.
Brokerage Recommendations
Based on the consensus recommendation from six brokerage firms, A10 Networks Inc's (ATEN, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, with 1 signifying a Strong Buy, and 5 denoting a Sell.
GuruFocus Valuation
According to GuruFocus estimates, the estimated GF Value for A10 Networks Inc (ATEN, Financial) in one year is $16.42, implying a downside of 13.85% from the current price of $19.06. The GF Value reflects GuruFocus' estimate of the fair value at which the stock should be traded. This estimate is calculated based on historical trading multiples, past business growth, and future performance estimates. More detailed data is available on the A10 Networks Inc (ATEN) Summary page.
