A10 Networks Inc (ATEN)

NYSE · Technology · Software - Infrastructure · USA

A10 Networks Inc is a small cap company (market value between $300 million and $2 billion) in the Software - Infrastructure industry.

A10 Networks provides secure networking and cybersecurity solutions to enterprises and service providers globally. The company delivers application delivery, traffic management, DDoS protection, and API security capabilities across physical, virtual, and cloud environments through a unified architecture. Revenue comes from sales of solutions and related maintenance and support services distributed via direct sales and channel partners.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the A10 Networks Inc stock.

Our verdict on ATEN

Undervalued: intrinsic value $35.56 per share, market price $24.68, margin of safety 30.6% (as of 2026-10-19).

A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $35.56; the price of $24.68 is 31% below that value.

Leak Score: 73/100 on 11 of 12 signals (Clear Leak).

ETFs with the most weight in ATEN

17 more funds hold it; the full list is part of the paid plan.

More on ATEN

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Peers in Software - Infrastructure

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Cheaper than ATEN in Software - Infrastructure

16 more in this industry show a wider margin of safety.

Is ATEN undervalued or overvalued?

ATEN is undervalued (as of the 2026-10-19 close). A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $35.56; the price of $24.68 is 31% below that value.

What is the intrinsic value of ATEN?

$35.56 per share (as of the 2026-10-19 close), against a market price of $24.68. That is a margin of safety of 30.6%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is A10 Networks Inc's Leak Score?

73 out of 100, which we rate "Clear Leak", on 11 of 12 value investing signals.