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

949.36 k

Shareholding (Dec 2025)

FII

12.04%

Held by 123 FIIs

DII

34.52%

Held by 62 DIIs

Promoter

0.26%

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.

View full answer

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.

View full answer

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.

View full answer

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%.

View full answer

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.

View full answer

Compare A10 Networks, Inc. with Similar Stocks

PDF Solutions, Inc.TTEC Holdings, Inc.MeridianLink, Inc.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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 1,630 Million (Small Cap)

P/E

39.00

Industry P/E

Dividend Yield

0.86%

Debt Equity

-1.79

Return on Equity

19.67%

Price to Book

7.70

Revenue and Profits:

Net Sales:

80 Million

(Quarterly Results - Dec 2025)

Net Profit:

10 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

24.56%

6 Months

22.92%

1 Year

29.52%

2 Years

64.49%

3 Years

51.79%

4 Years

61.18%

5 Years

121.76%

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)

5.20%

EBIT Growth (5y)

21.60%

EBIT to Interest (avg)

39.16

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.68

Sales to Capital Employed (avg)

1.03

Tax Ratio

12.90%

Dividend Payout Ratio

42.11%

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

7.70

EV to EBIT

26.56

EV to EBITDA

21.58

EV to Capital Employed

-7.53

EV to Sales

4.31

PEG Ratio

Dividend Yield

0.86%

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

19.67%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Bullish

OBV

No Trend

Bullish

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

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 74 Schemes (53.1%)

Foreign Institutions

Held by 123 Foreign Institutions (12.04%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is 8.36% vs 5.40% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is -45.90% vs 2.23% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "80.40",
          "val2": "74.20",
          "chgp": "8.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.00",
          "val2": "21.40",
          "chgp": "-11.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.50",
          "val2": "0.10",
          "chgp": "-600.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "9.90",
          "val2": "18.30",
          "chgp": "-45.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "187.40%",
          "val2": "247.90%",
          "chgp": "-6.05%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2025 is 11.04% vs 3.97% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is -15.97% vs 25.25% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "290.60",
          "val2": "261.70",
          "chgp": "11.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "62.00",
          "val2": "55.30",
          "chgp": "12.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.10",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.10",
          "val2": "-0.20",
          "chgp": "50.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "42.10",
          "val2": "50.10",
          "chgp": "-15.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "162.20%",
          "val2": "168.00%",
          "chgp": "-0.58%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

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

Dec'25

Dec'24

Change(%)

Net Sales

80.40

74.20

8.36%

Operating Profit (PBDIT) excl Other Income

19.00

21.40

-11.21%

Interest

2.00

0.00

Exceptional Items

-0.50

0.10

-600.00%

Consolidate Net Profit

9.90

18.30

-45.90%

Operating Profit Margin (Excl OI)

187.40%

247.90%

-6.05%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Dec 2025 is 8.36% vs 5.40% in Dec 2024

Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is -45.90% vs 2.23% in Dec 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

290.60

261.70

11.04%

Operating Profit (PBDIT) excl Other Income

62.00

55.30

12.12%

Interest

6.10

0.00

Exceptional Items

-0.10

-0.20

50.00%

Consolidate Net Profit

42.10

50.10

-15.97%

Operating Profit Margin (Excl OI)

162.20%

168.00%

-0.58%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 11.04% vs 3.97% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is -15.97% vs 25.25% in Dec 2024

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