Investors might want to bet on A10 Networks (ATEN) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investor ...

A10 Networks, Inc. (NYSE:ATEN) is one of the best rising AI stocks to buy now. On February 20, 2026, BWS Financial raised its price target on A10 Networks to $28 from $24 and maintained its Buy rating. The firm said A10’s network security business is positioned to benefit from the proliferation of AI-related network traffic and noted that the company’s growth outlook through 2028 is stronger than its outlook for 2026. BWS also highlighted A10’s fundamentals, including a 79% gross margin and 11% trailing-12 ...

Industry Overview - The AI industry is projected to see worldwide spending reach $2.52 trillion by 2026, representing a 44% year-over-year increase, with significant investment still directed towards infrastructure rather than finished business outcomes [1] - AI-optimized servers are expected to account for $329.5 billion and AI processing semiconductors for $267.9 billion in 2026, indicating that the industry is still in the foundational building phase [1] - The shift from pilot programs to wider operational use in enterprises is evident, with a 50% increase in worker access to AI in 2025 and a doubling of companies with at least 40% of AI projects in production expected within six months [2] Company Insights - A10 Networks, Inc. (NYSE:ATEN) has had its price target raised to $28 from $24 by BWS Financial, which maintains a Buy rating, citing the company's strong position in network security benefiting from AI-related traffic [7] - A10 Networks reported record fourth-quarter revenue of $80.4 million and full-year revenue of $290.6 million, marking an 11% year-over-year increase, with projected revenue growth of 10% to 12% for 2026 [9] - NetScout Systems (NASDAQ:NTCT) has extended its Omnis AI Insights offering to communications service providers, aiming to convert raw network traffic into AI-ready smart data, which is crucial for predictive maintenance and service assurance [12] - A McKinsey survey indicated that 64% of telecom executives are scaling AI efforts, with 45% identifying data as the main barrier to scaling, highlighting the challenges faced by companies in the sector [13]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36343 A10 NETWORKS, INC. Securities registered pursuant to Section 12(b) of the Act: (Exact Name of Registrant as Specified in its C ...

Core Viewpoint - A10 Networks (ATEN) has shown a recent price increase and analysts suggest significant upside potential based on price targets, with a mean target indicating a 28.8% increase from the current price [1]. Price Targets - The average of five short-term price targets ranges from a low of $22.00 to a high of $28.00, with a standard deviation of $2.3, indicating variability among analysts [2]. - The lowest estimate suggests a 16.2% increase, while the highest points to a 47.8% upside [2]. Analyst Consensus and Earnings Estimates - Analysts are increasingly optimistic about ATEN's earnings prospects, as indicated by a trend of higher EPS estimate revisions [4][11]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 2.8%, with one estimate moving higher and no negative revisions [12]. Zacks Rank - ATEN currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]. Price Movement Implications - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14].

ConversationDavid SchroederVice President of Corporate Development Good afternoon, everyone. For those in the room, if we can go ahead and get seated, we're going to get started here. Thank you all for attending and joining us for the A10 Networks Investor Day. My name is David Schroeder. I'm the Vice President of Corporate Development here at A10. This call is being recorded and webcast live and may be accessed for at least 30 days via the A10 Networks website. Before we begin, please refer to the safe har ...

A10 Networks Investor Day Summary Company Overview - A10 Networks (NYSE: ATEN) is a provider of secure, high-performance networking solutions for critical infrastructure needs, founded in 2004 and went public in 2014. [5][6] - The company reported full-year 2025 revenue of $290.6 million, adjusted EBITDA of 29.6%, and adjusted GAAP EPS of $0.90. [5][6] Strategic Goals and Performance - A10 aims to align with durable and secular catalysts, focusing on disciplined execution to drive consistent performance. [2] - The company set a "Rule of Forty" framework, targeting a combined growth plus EBITDA percentage of 40, achieving 40.6 in 2025. [7][10] - Revenue growth target was set at 10%-12%, with actual growth of 11% overall and 20% in product revenue. [10] - Security-led revenue reached 72% of total revenue, exceeding the goal of 65%. [10] - Non-GAAP adjusted EBITDA margin was achieved at 29.6%. [10] Industry Dynamics and AI Impact - The data center landscape is evolving with AI, changing traffic patterns, infrastructure requirements, and security considerations. [3][12] - AI workloads are driving exponential increases in east-west traffic, necessitating new infrastructure capabilities. [12][19] - The convergence of performance and security is critical as AI workloads scale, with security becoming inseparable from traffic delivery. [25][36] Infrastructure Challenges - Power consumption is a significant challenge, with AI servers consuming significantly more power than traditional servers, leading to a shift towards liquid-cooled data centers. [41][42] - Security challenges are increasing due to the complexity and scale of AI-driven architectures, requiring advanced monitoring and control mechanisms. [45][46] Customer Solutions and Offerings - A10's solutions are categorized into three core areas: legacy networking, next-generation networking, and security solutions, all unified by a shared architecture. [21][26] - The company is extending its capabilities with AI-driven solutions for predictive performance, traffic management, and security embedded in the data path. [24][25][31] Market Trends and Future Outlook - AI infrastructure is not solely driven by large hyperscalers; there is a growing trend towards sovereign AI and investments in various global markets, including Japan and the Middle East. [91][93] - The demand for low latency and high throughput is critical as AI workloads scale, with organizations actively investing to reduce latency. [34][35] - The attack surface is expanding with AI, necessitating robust security measures to protect against new threats. [35][36] Conclusion - A10 Networks is positioned to capitalize on the evolving data center landscape driven by AI, with a focus on delivering integrated solutions that meet the performance, security, and scalability demands of modern infrastructure. [19][20][28]

Industry Overview - Cybersecurity has become a top priority for organizations due to continuous attacks such as ransomware, phishing, and data breaches, which threaten financial stability and brand reputation [1] - The global cybersecurity market is projected to grow from $218.98 billion in 2025 to nearly $699.39 billion by 2034, reflecting a compound annual growth rate of 13.8% [2] Technological Advancements - Traditional security tools are becoming inadequate as cyberattacks evolve, leading to the integration of artificial intelligence (AI) to enhance threat detection and response [3] - AI enables a shift from reactive to proactive cybersecurity measures, allowing companies to automate detection and response processes [3] Key Players - Companies like Palo Alto Networks, CrowdStrike Holdings, and Fortinet are capitalizing on the growing demand for cybersecurity solutions tailored to modern threats [2] - Palantir Technologies is enhancing its AI capabilities through its Foundry and Gotham platforms, focusing on sectors like defense, healthcare, and finance [7][8] - Cisco Systems is integrating AI into its cybersecurity products, with significant demand for AI infrastructure reflected in $2.1 billion worth of orders in Q2 fiscal 2026 [11] - A10 Networks is embedding AI across its security solutions, including AI-native security tools and advanced DDoS solutions, positioning itself as a key player in enterprise AI adoption [14][16] Market Dynamics - The increasing complexity of digital networks and new compliance requirements are driving the demand for advanced cybersecurity solutions [2] - Companies are leveraging AI to improve their product offerings, thereby enhancing their competitive edge in a rapidly growing industry [4][13]

Core Viewpoint - A10 Networks (ATEN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, driven by institutional investors who adjust their valuations based on these estimates [4][6]. - Rising earnings estimates for A10 Networks suggest an improvement in the company's underlying business, which could lead to increased stock prices as investors respond positively [5][10]. Zacks Rating System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - A10 Networks' upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Earnings Estimate Revisions - For the fiscal year ending December 2026, A10 Networks is expected to earn $0.98 per share, with a 2.8% increase in the Zacks Consensus Estimate over the past three months, reflecting analysts' growing confidence in the company's performance [8].

Core Viewpoint - A10 Networks will host an Investor Day on February 19, 2026, to discuss its long-term growth strategy across various sectors [1] Group 1: Event Details - The Investor Day will take place in San Francisco at the Fairmont San Francisco [1] - The event will feature a live webcast and replay for investors [1] Group 2: Company Strategy - A10's executive leadership team will outline the company's growth framework focusing on Legacy Networking, Next-Generation Networking, and Security [1]