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/ATEN
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A10 Networks Inc

A10 Networks Inc

ATEN
$24.74USD+1.44%+0.35 today

MARKET CAP

1.8B

P/E (TTM)

40.6x

FWD P/E

DAY RANGE

$24 – $25

52W RANGE

$17
$38

AI Summary

Stalk
Sell NowMedium

ATEN remains in a Stage 3 distribution downtrend with sequential lower highs and lower lows beneath declining short-term EMAs. The medium-term bias is bearish, reinforced by the Post-Parabola Collapse pattern signaling a sustained unwind of excess. Short-term the price is tracking below the 9- and 20-day EMAs and holding just above the 200-day SMA in an oversold context, offering timing for continuation. Execution calls for selling now on further breakdown, targeting rejection into rallies at the falling EMAs for optimal entry.

  • Q2 revenue $80.1M (+15.5% YoY), fourth straight double-digit growth
  • A10 AI Gateway launch centralizes and optimizes enterprise AI traffic
  • Negative earnings yield and book-to-price suggest overvaluation
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$250.0M$280.3M$251.7M$261.7M$290.6M
YoY %+10.9%+12.1%-10.2%+4.0%+11.0%
P / Sales5.3x4.7x3.9x5.3x4.5x
EV / Sales5.7x5.1x4.2x5.7x5.7x
Gross Profit, Adj.$196.5M$223.5M$203.7M$210.3M$230.5M
YoY %+12.1%+13.7%-8.8%+3.2%+9.6%
Margin %78.6%79.7%80.9%80.4%79.3%
EV / Gross Profit7.3x6.4x5.2x7.1x7.2x
EBITDA, Adj.$42.3M$60.5M$48.0M$55.3M$62.0M
YoY %+45.7%+42.9%-20.6%+15.1%+12.2%
Margin %16.9%21.6%19.1%21.1%21.3%
EV / EBITDA33.9x23.7x22.3x27.0x26.6x
EBIT$33.4M$53.1M$38.6M$44.0M$47.1M
YoY %+88.3%+59.0%-27.2%+13.8%+7.2%
Margin %13.4%18.9%15.4%16.8%16.2%
EV / EBIT42.9x27.0x27.7x33.9x35.0x
Net Income$94.9M$46.9M$40.0M$50.1M$42.1M
YoY %+432.6%-50.6%-14.8%+25.4%-16.0%
Net Margin37.9%16.7%15.9%19.2%14.5%
EPS (GAAP)$1.19$0.60$0.53$0.67$0.57
YoY %+440.9%-49.6%-11.7%+26.4%-14.9%