Stocktoria
A10 Networks, Inc. ATEN
A10 Networks, Inc. (ATEN) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 0.69% (safety: moderate). FY2025 revenue was $290.6M at a 14.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.16 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-22 | BTIG | Buy (main) |
| 2026-06-16 | BWS Financial | Buy (main) |
| 2026-06-11 | Mizuho | Neutral (main) |
| 2026-04-29 | BWS Financial | Buy (main) |
| 2026-04-29 | BTIG | Buy (main) |
| 2026-04-20 | Sidoti & Co. | Neutral (down) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.544 |
| Retained earnings / assets | 0.003 |
| EBIT / assets | 0.075 |
| Equity / liabilities | 0.506 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ATEN | A10 Networks, Inc. | 5/9 | 4.61 | 59.8 | +11% |
| DGII | DIGI INTERNATIONAL INC | 5/9 | 3.92 | 65.2 | +1.5% |
| LTRX | LANTRONIX INC | 4/9 | -2.7 | — | -23.3% |
| ALLT | Allot Ltd. | 6/9 | 0.16 | 103.1 | +10.6% |
| FOXX | Foxx Development Holdings Inc. | 6/9 | -6.9 | — | — |
| SILC | SILICOM LTD. | 5/9 | 8.78 | — | +6.6% |
| BOSC | BOS BETTER ONLINE SOLUTIONS LTD | 7/9 | 1.14 | 8.8 | +26.6% |
About A10 Networks, Inc.
A10 Networks, Inc. provides secure application and network infrastructure solutions in the United States, the rest of Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa. The company offers security products, such as ThreatX, a web application protection platform; A10 Defend DDoS Detector, a network-wide anomaly detection product; A10 Defend DDoS Orchestrator, a defense, orchestration, and management product; A10 Defend DDoS Mitigator, a mitigation product with automation; A10 Defend Threat Control, an attack SaaS platform; and Defend Next-Gen WAF, an integrated application delivery and web application firewall. It also provides infrastructure products, including A10 Thunder ADC, an application delivery controller and load balancer; A10 Thunder CFW, a consolidated network security platform with stateful firewall, IPsec VPN, CGN, ADC, SSLi, and secure web gateway; A10 Thunder CGN, a NAT, IPv4 preservation and IPv6 migration product; and SSL insight in Thunder CFW, a TLS and SSL decryption for real-time visibility into encryption traffic under the SSLi brand. In addition, the company provides centralized management and analytics comprising A10 Control, a centralized, management, control, and analytics platform for agile operations and automation. It serves telecommunications, technology, financial services, public sector, industrial, retail, gaming, and education industries through distribution channels, distributors, value added resellers, and system integrators. The company was incorporated in 2004 and is headquartered in San Jose, California.
FAQ
Is ATEN financially healthy?
A10 Networks, Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does ATEN pay a dividend, and is it safe?
Yes. A10 Networks, Inc. pays a dividend yielding about 0.69% with a 41.2% payout ratio, rated “moderate” for safety.
How profitable is ATEN?
In FY2025, A10 Networks, Inc. had a net margin of 14.5% and a return on equity of 19.9%.
Is ATEN overvalued or undervalued?
A10 Networks, Inc. trades at about 48.2× trailing earnings — above its 10-year norm (10-year range 12.4×–45.1×, median 29.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for ATEN?
The average Wall-Street price target for A10 Networks, Inc. is $34.80, about 26.6% above the recent price, from 5 analysts (consensus: buy).
Is ATEN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on A10 Networks, Inc.: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 59.8×, a dividend yield of 0.69%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.