Stock AnalizA10 Networks, Inc. ATEN
Computer Communications Equipment · IPO 2014 · data as of November 13, 2026
A10 Networks, Inc. (ATEN) is a telecom company listed in the US with a market value of about $2.1B. In the twelve months to September 30, 2026 it had revenue of $327M and net income of $48M, a net margin of 14.7%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is track record (4/5); the weakest is value (0/5).
Key numbers: a P/E of 44.1, a price to free cash flow of 28.1, 5-year revenue growth of 5% a year, a 5-year average ROIC of 15%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 27% below the current price.
Score: 2.4 / 5
Checks passed
- Revenue growth above 10% last year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $327M | $291M | $262M | $252M | $280M | $250M | $226M | $213M | $232M | $235M | $227M |
| Net income | $48M | $42M | $50M | $40M | $47M | $95M | $18M | -$18M | -$28M | -$11M | -$22M |
| Free cash flow | $74M | $65M | $78M | $34M | $55M | $45M | $52M | -$5M | -$5M | $9M | $14M |
| EPS (diluted) | $0.65 | $0.57 | $0.67 | $0.53 | $0.60 | $1.19 | $0.22 | $-0.23 | $-0.38 | $-0.15 | $-0.34 |
| Net margin | 14.7% | 14.5% | 19.2% | 15.9% | 16.7% | 38.0% | 7.9% | -8.4% | -11.9% | -4.6% | -9.8% |
| ROIC | — | 8.6% | 15.6% | 15.7% | 23.3% | 11.4% | 11.4% | -9.5% | -21.1% | -8.3% | -19.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 6 analysts is $34.17, 19% above the current price; targets range from $24.00 to $45.00; the consensus rating is “Buy”; expected EPS is $1.09 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is A10 Networks’s P/E ratio?
About 44.1, based on the last twelve months of diluted earnings per share (forward P/E about 23.7).
Is A10 Networks stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 27% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does A10 Networks pay a dividend?
Yes. The dividend yield is about 0.84%, and it has paid dividends for 5 years in our data.
Is A10 Networks a good stock to buy?
We do not give buy or sell advice. A10 Networks scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.