Price Action To Observe: How Analysts Feel About A10 Networks Inc After Today’s Huge Decline?

Price Action To Observe: How Analysts Feel About A10 Networks Inc After Today's Huge Decline?

The stock of A10 Networks Inc (NYSE:ATEN) is a huge mover today! About 775,136 shares traded hands or 53.32% up from the average. A10 Networks Inc (NYSE:ATEN) has risen 60.97% since March 2, 2016 and is uptrending. It has outperformed by 52.71% the S&P500.
The move comes after 7 months negative chart setup for the $644.59 million company. It was reported on Oct, 5 by We have $9.03 PT which if reached, will make NYSE:ATEN worth $58.01 million less.

Analysts await A10 Networks Inc (NYSE:ATEN) to report earnings on November, 3. They expect $-0.06 earnings per share, up 57.14% or $0.08 from last year’s $-0.14 per share. After $-0.08 actual earnings per share reported by A10 Networks Inc for the previous quarter, Wall Street now forecasts -25.00% EPS growth.

A10 Networks Inc (NYSE:ATEN) Ratings Coverage

Out of 4 analysts covering A10 Networks (NYSE:ATEN), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. A10 Networks has been the topic of 7 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Dougherty & Company maintained A10 Networks Inc (NYSE:ATEN) on Monday, August 29 with “Buy” rating. Dougherty & Company upgraded A10 Networks Inc (NYSE:ATEN) on Friday, October 30 to “Buy” rating. The firm earned “Outperform” rating on Wednesday, February 10 by Oppenheimer. The firm has “Outperform” rating given on Friday, July 31 by RBC Capital Markets. The firm has “Outperform” rating given on Wednesday, November 11 by Oppenheimer. The firm has “Buy” rating given on Thursday, November 12 by DA Davidson.

According to Zacks Investment Research, “A10 Networks, Inc. provides software based application networking solutions. Its solutions enable enterprises, service providers, Web giants, and government organizations to enhance, secure, and optimize the performance of their data center applications and networks. The company delivers its solutions on optimized hardware appliances and as virtual appliances across its Thunder Series and AX Series product families. A10 Networks, Inc. is headquartered in San Jose, California.”

More notable recent A10 Networks Inc (NYSE:ATEN) news were published by: which released: “Will A10 Networks, Inc. Sink or Swim in 2016?” on April 04, 2016, also with their article: “5 Charts that Explain A10 Networks Inc. Stock” published on April 05, 2016, published: “A10 Networks, Inc. Reports Second Quarter 2016 Results” on July 28, 2016. More interesting news about A10 Networks Inc (NYSE:ATEN) were released by: and their article: “A10 Networks, Inc. to Announce Second Quarter 2016 Financial Results on …” published on July 06, 2016 as well as‘s news article titled: “A10 Networks, Inc. Reports Record Revenue” with publication date: February 09, 2016.

ATEN Company Profile

A10 Networks, Inc., incorporated on December 6, 2013, is a well-known provider of application networking and network security technologies. The Company’s solutions enable enterprises, service providers, Web companies and government organizations to secure and optimize the performance of their data center applications, and secure their users, applications and infrastructure from Internet, Web and network threats at scale. The Company’s products are built on its Advanced Core Operating System (ACOS). The Firm offers approximately four software solutions that are built on top of its software ACOS cloud-ready application networking platform and are delivered primarily on its optimized hardware appliances, including Application Delivery Controller (ADC), Carrier Grade Networking (CGN), Threat Protection System (TPS) and Convergent Firewall (CFW).

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