ATEN Share Price | A10 Networks, Inc. Stock Analysis & Recommendation

Q: What does A10 Networks, Inc. do?

Overview:A10 Networks, Inc. is a provider of software and hardware solutions that enable customers to secure and optimize the performance of their data center and cloud applications, operating within the Computers - Software & Consulting industry and classified as a micro-cap company.Financial Snapshot:Most recent Net Sales: 66 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 10 Million (Quarterly Results - Mar 2025) Market-cap: USD 1,425.04 Million (Micro Cap)Key Metrics:P/E: 29.00 Dividend Yield: 1.25% Debt Equity: -0.68 Return on Equity: 25.29% Price to Book: 7.27Contact Details:Address: 2300 ORCHARD PKWY, SAN JOSE CA: 95131 Tel: 1 408 3258668 Fax: 1 408 3258666 Website: https://www.a10networks.com/

Q: Who are in the management team of A10 Networks, Inc.?

As of March 2022, the management team of A10 Networks, Inc. includes Mr. Dhrupad Trivedi, who serves as the President, Chief Executive Officer, Interim Executive Vice President of Worldwide Sales, and Director. Additionally, the Board of Directors features Ms. Mary Dotz, Mr. Tor Braham, Mr. Peter Chung, Mr. J. Michael Dodson, and Mr. Eric Singer, all of whom are independent directors.

Q: Is A10 Networks, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for A10 Networks, Inc. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by a bearish daily moving average and bearish signals from the Bollinger Bands and KST on the weekly timeframe. The MACD indicates a bullish weekly trend but is mildly bearish on the monthly, which adds to the mixed signals. The Dow Theory also reflects a mildly bearish outlook on both weekly and monthly bases. In terms of performance, A10 Networks has underperformed the S&P 500 year-to-date, with a return of -2.93% compared to the S&P's 11.41%, although it has outperformed the index over the past year with a return of 19.79% versus 13.36%.

Q: Is A10 Networks, Inc. overvalued or undervalued?

As of 17 October 2025, A10 Networks, Inc. has moved from an attractive to a very attractive valuation grade. The company appears to be undervalued, given its strong performance metrics. Key ratios include a P/E ratio of 29, an EV to EBITDA of 22.73, and a remarkable ROCE of 72.93%. In comparison to its peers, A10 Networks has a more favorable P/E ratio than Riot Platforms, Inc., which has a P/E of -12.94, and a significantly lower EV to EBITDA than Q2 Holdings, Inc., which stands at 62.81. Despite recent underperformance against the S&P 500 over the year-to-date and three-year periods, where A10 returned -5.11% and 13.82% respectively, it outperformed the index over the five-year period with a return of 138.20% compared to the S&P 500's 91.29%.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

331.64 k

Shareholding (Sep 2025)

FII

13.05%

Held by 128 FIIs

DII

33.93%

Held by 62 DIIs

Promoter

0.25%

How big is A10 Networks, Inc.?

22-Jun-2025

As of Jun 18, A10 Networks, Inc. has a market capitalization of $1.425 billion, with net sales of $267.16 million and a net profit of $49.96 million for the latest four quarters. The balance sheet as of December 2024 shows shareholder's funds of $231.83 million and total assets of $438.21 million.

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What does A10 Networks, Inc. do?

22-Jun-2025

A10 Networks, Inc. provides software and hardware solutions for securing and optimizing data center and cloud applications. As of March 2025, it reported net sales of $66 million and a net profit of $10 million, with a market cap of $1.43 billion.

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Who are in the management team of A10 Networks, Inc.?

22-Jun-2025

As of March 2022, A10 Networks, Inc. is led by President and CEO Dhrupad Trivedi, with a Board of Directors that includes independent members Mary Dotz, Tor Braham, Peter Chung, J. Michael Dodson, and Eric Singer.

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Is A10 Networks, Inc. technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, A10 Networks, Inc. has shifted to a mildly bearish trend due to mixed technical signals, underperforming the S&P 500 year-to-date with a return of -2.93%, but outperforming it over the past year with a return of 19.79%.

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Is A10 Networks, Inc. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, A10 Networks, Inc. is considered very attractive due to its strong performance metrics, including a P/E ratio of 29, an EV to EBITDA of 22.73, and a ROCE of 72.93%, despite recent underperformance against the S&P 500 in the short term.

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Score

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Strong Sell

Sell

Hold

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Strong Buy

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Dashboard

High Management Efficiency with a high ROE of 28.07%

Company has a low Debt to Equity ratio (avg) at times

Healthy long term growth as Operating profit has grown by an annual rate 48.98%

Positive results in Jun 25

With ROE of 25.29%, it has a fair valuation with a 7.36 Price to Book Value

Mojo Parameters

Stock DNA

Industry

Computers - Software & Consulting

Market cap

USD 1,229 Million (Small Cap)

P/E

29.00

Industry P/E

Dividend Yield

1.45%

Debt Equity

-0.71

Return on Equity

24.23%

Price to Book

5.96

Revenue and Profits:

Net Sales:

69 Million

(Quarterly Results - Jun 2025)

Net Profit:

11 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-0.26%

6 Months

4.37%

1 Year

36.22%

2 Years

36.22%

3 Years

33.04%

4 Years

83.05%

5 Years

177.73%

A10 Networks, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

4.73%

EBIT Growth (5y)

48.98%

EBIT to Interest (avg)

39.16

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.68

Sales to Capital Employed (avg)

1.04

Tax Ratio

12.90%

Dividend Payout Ratio

36.04%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

109.94%

ROE (avg)

28.07%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

7.36

EV to EBIT

28.71

EV to EBITDA

22.73

EV to Capital Employed

20.94

EV to Sales

4.89

PEG Ratio

3.58

Dividend Yield

1.23%

ROCE (Latest)

72.93%

ROE (Latest)

25.29%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 71 Schemes (52.7%)

Foreign Institutions

Held by 128 Foreign Institutions (13.05%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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        "prefix": "Consolidated Net Profit ",
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          "val2": "60.10",
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          "val2": "10.70",
          "chgp": "30.84%",
          "chgp_class": "positive"
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          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.10",
          "chgp": "100.00%",
          "chgp_class": "positive"
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        {
          "field": "Consolidate Net Profit",
          "val1": "10.50",
          "val2": "9.50",
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          "field": "Operating Profit Margin (Excl OI)",
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        "dir": 1
      },
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        "prefix": "Consolidated Net Profit ",
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        "dir": 1
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    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
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          "val2": "251.70",
          "chgp": "3.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "55.30",
          "val2": "48.00",
          "chgp": "15.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
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          "val1": "-0.20",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "50.10",
          "val2": "40.00",
          "chgp": "25.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "168.00%",
          "val2": "153.50%",
          "chgp": "1.45%",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

69.40

60.10

15.47%

Operating Profit (PBDIT) excl Other Income

14.00

10.70

30.84%

Interest

0.00

Exceptional Items

0.00

-0.10

100.00%

Consolidate Net Profit

10.50

9.50

10.53%

Operating Profit Margin (Excl OI)

148.60%

131.70%

1.69%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is 15.47% vs -8.66% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is 10.53% vs -18.10% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

261.70

251.70

3.97%

Operating Profit (PBDIT) excl Other Income

55.30

48.00

15.21%

Interest

0.00

Exceptional Items

-0.20

0.00

Consolidate Net Profit

50.10

40.00

25.25%

Operating Profit Margin (Excl OI)

168.00%

153.50%

1.45%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 3.97% vs -10.20% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 25.25% vs -14.71% in Dec 2023

All Annual Results

Company CV

About A10 Networks, Inc.

A10 Networks, Inc.

Computers - Software & Consulting

A10 Networks, Inc. is a provider of software and hardware solutions. The Company's solutions enable its customers to secure and optimize the performance of their data center and cloud applications, and secure their users, applications and infrastructure from Internet, Web and network threats at scale. The Company offers a portfolio of hardware, software and cloud offerings. Its customers include cloud providers, Web-scale companies, service providers, government organizations and enterprises. The Company's portfolio consists of six application delivery and security products, including Application Delivery Controllers (ADC), Lightning Application Delivery Service (Lightning ADS), Carrier Grade Network Address Translation (CGN), Threat Protection System (TPS), SSL Insight (SSLi) and Convergent Firewall (CFW). The Company's products are available in a range of form factors, such as optimized hardware appliances, bare metal software, virtual appliances and cloud-native software.

Company Coordinates

Company Details

2300 ORCHARD PKWY , SAN JOSE CA : 95131

Tel: 1 408 3258668

https://www.a10networks.com/

Registrar Details

A10 Networks, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is A10 Networks, Inc.?

Watch in Real-Time

What does A10 Networks, Inc. do?

Who are in the management team of A10 Networks, Inc.?

Is A10 Networks, Inc. technically bullish or bearish?

Is A10 Networks, Inc. overvalued or undervalued?

Compare A10 Networks, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

High Management Efficiency with a high ROE of 28.07%

Company has a low Debt to Equity ratio (avg) at times

Healthy long term growth as Operating profit has grown by an annual rate 48.98%

Positive results in Jun 25

With ROE of 25.29%, it has a fair valuation with a 7.36 Price to Book Value

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About A10 Networks, Inc.

Company Coordinates