ATEN A10 Networks, Inc. · $35.96 Extended — don't chase; wait for a pullback过度拉升 — 勿追高;等待回撤 Terminal终端
A10 Networks, Inc. · Tech

ATEN

$35.96
A10 Networks, Inc. is an American public company specializing in the manufacturing of application delivery controllers.A10Networks,Inc.是一家专注于制造应用交付控制器的美国上市公司。
Quality compounder优质复利股 Mid cap中盘 $3B
Engine stance引擎立场2026-07-20
Extended — don't chase; wait for a pullback过度拉升 — 勿追高;等待回撤
The bottoming setup is not yet confirmed (price still below the 10-day average) and the 3-day/weekly momentum is rolling筑底形态尚未确认(价格仍位于 10 日均线下方),且3 日/周线动量已开始掉头向下——动量在形态完成前已开始衰竭。等待价格收复 10 日均线且动量趋于稳定后再考虑建仓。
Open in Terminal打开终端 All coverage所有股票 Data through数据截至 2026-07-20 · regenerated nightly每日更新

Key Statistics关键统计

Price价格
$35.96
5.6% below 52-week high低于52周高点 5.6%
Market Cap市值
$3B
Normal volume正常成交量
P/E Ratio市盈率
61.0x
40.2x sector median
Beta贝塔
0.96
Moves about 1.0x the market波动幅度约为市场的 1.0 倍
RSI (14)RSI(14)
56
Neutral zone中性区域
Next Earnings下次财报
2026-08-04 (16d)
Volatility Rank波动率分位
63th pctile
hist. vol. percentile历史波动率分位数
Short Interest空头兴趣
10.0% of float

Performance价格表现

Period周期 ATEN S&P 500vs Index对比指数
1 Week近1周 -3.3% -1.5% Lagged the index by 1.8 points落后指数 1.8 个百分点
1 Month近1月 +9.2% +0.6% Beat the index by 8.6 points跑赢指数 8.6 个百分点
3 Months近3月 +30.8% +4.7% Beat the index by 26.1 points跑赢指数 26.1 个百分点
6 Months近6月 +108.8% +7.8% Beat the index by 101.0 points跑赢指数 101.0 个百分点
Year to date年初至今 +108.3% +9.1% Beat the index by 99.2 points跑赢指数 99.2 个百分点
1 Year近1年 +97.3% +19.4% Beat the index by 77.9 points跑赢指数 77.9 个百分点
3 Years近3年 +162.2% +69.4% Beat the index by 92.8 points跑赢指数 92.8 个百分点

Technicals技术面

RSI (14)RSI(14) 56 Neutral zone中性区域
vs 50-day相对50日均线 +11.3% vs 50-day avg
vs 200-day相对200日均线 +57.2% vs 200-day avg
Volatility rank波动率分位 63th percentile 分位
Engine reference levels — not advice引擎参考水平 — 非投资建议
Buy zone买入区间
$34.88
Don't chase above不追高于
$35.96
Stop止损
$31.76
Extended — wait for a pullback过度拉伸 — 等待回撤

Earnings财务业绩

16
days until next report天后公布财报
2026-08-04

Estimates being raised — 6 analysts预期上调 — 6 位分析师

Earnings call transcripts — coming soon财报电话会议记录 — 即将上线

Valuation估值

Multiple指标 ATEN Sector median行业中位 Cheaper than相对便宜
P/E (trailing)市盈率(历史) 61.02x 40.17
33%
P/B市净率 12.15x 5.85
24%
P/S市销率 8.85x 4.85
26%
Earnings yield盈利收益率 1.64% 2.19
43%
FCF yield自由现金流收益率 2.52% 3.05
44%
Shareholder yield股东收益率 2.68% 2.16
57%
EV/EBITDA企业价值/EBITDA 43.85x 29.30
35%
P/FCF市值/自由现金流 39.70x 30.46
39%
Analyst price targets — coming soon分析师目标价 — 即将上线

Financials财务数据

Revenue营业收入
$212.6M
2019
$225.5M
2020
$250.0M
2021
$251.7M
2022
$261.7M
2024
$290.6M
2025
5yr CAGR5年复合增速: 6.4%
Earnings Per Share每股收益
$-0.23
2019
$0.22
2020
$1.19
2021
$0.53
2022
$0.67
2024
$0.57
2025
Free Cash Flow自由现金流
-$4.8M
2019
$51.7M
2020
$44.9M
2021
$33.6M
2022
$78.2M
2024
$64.8M
2025
Margins利润率
Gross margin毛利率
79.3%
Operating margin营业利润率
16.2%
Net margin净利率
14.5%
FCF margin自由现金流利润率
29.2%
19.9%Return on Equity股本回报率
6.7%Return on Assets资产回报率
Leverage杠杆
Net debt / EBITDA净债务/EBITDA2.38
Current ratio流动比率3.56
Capital Allocation资本配置
Buybacks (TTM)回购(TTM)$68.9M
Stock-based comp股权薪酬$20.0M
Share count change (1y)股数变化(1年)-3.0%
Piotroski皮奥特罗斯基 5/8 Altman Z阿尔特曼Z: safe (5.0) Clean稳健

Snapshot Gauges综合指标

Valuation vs Sector估值相对行业
Roughly fair vs sector相对行业估值合理
Cheaper than 32% of its sector on blended multiples综合估值倍数低于行业内 32% 的公司
Beta市场敏感度
0.96×
0.2
Moves about 1.0× the market波动幅度约为市场的 1.0 倍
Financial Health财务健康
5/8
Altman阿尔特曼: safe
Adequate financial health财务健康状况一般
Dividend分红
Does not pay a dividend不派发股息

Why Is It Moving为何波动

Macro宏观 Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场/成长beta体现,并无独立的久期暴露。
Positioning持仓 Short interest changed +16.9%空头仓位变动 +16.9%
Technical技术面 BOTTOMING → NEARING A HIGH筑底中 → 接近高点

Ownership & Smart Money持仓与聪明钱

Insider activity内部人员活动: -$2.1M net (0 buyers, 1 sellers)-$2.1M 净值(0 买家,1 卖家)

Signal History信号历史

NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP. Buyers rejected the 2026-06-12 low (swing low printed) but price hasn't reclaimed its 10-day average — first box ticked, not all买入预备。买方拒绝了 2026-06-12 的低点(摆动低点已现),但价格尚未收复 10 日均线——第一项条件达成,并非全部
TURN SIGNALED BOTTOMING
Jul 14, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Jul 13, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Jul 13, 2026
ATEN daily MACD crossed downATEN 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $36.79.日线MACD柱状图转负 — 快速且嘈杂,仅作背景。$36.79。
Jul 9, 2026
ATEN made a new 52-week highATEN 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $38.11.价格创出52周新高 — 全市场关注的动量/趋势极值。$38.11。
Jul 8, 2026
ATEN RSI reached overboughtATEN RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $37.09.RSI(14)上穿70 — 上行过度;仅作背景,单独不构成择时。$37.09。
Jun 23, 2026
ATEN RSI reached overboughtATEN RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $33.85.RSI(14)上穿70 — 上行过度;仅作背景,单独不构成择时。$33.85。
Jun 17, 2026
ATEN made a new 52-week highATEN 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $32.92.价格创出52周新高 — 全市场关注的动量/趋势极值。$32.92。
Jun 17, 2026
ATEN StochRSI turned up from oversoldATEN StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $32.92.StochRSI重回20上方 — 下行动量趋缓的最早预警。$32.92。
Jun 15, 2026
ATEN made a new 52-week highATEN 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $32.70.价格创出52周新高 — 全市场关注的动量/趋势极值。$32.70。

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Factor Profile因子特征

Composite factor score综合因子得分: -0.38
Value价值
-0.9
Profitability盈利能力
+0.3
Quality质量
+0.5
Investment资本投入
-2.2
Shareholder payout股东回报
-0.3
Low volatility低波动
+0.4
Low market beta低市场敏感度
-0.2
Earnings quality盈利质量
+0.6
Short interest空头兴趣
-0.6

Company Profile公司档案

A10 Networks, Inc. is an American public company specializing in the manufacturing of application delivery controllers.A10Networks,Inc.是一家专注于制造应用交付控制器的美国上市公司。
Watch items — what could change the thesis关注项 — 可能改变论点的因素
  • Margin compression despite revenue growth
  • Capital intensity rising
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