Northland Securities Forecasts Fatpipe Inc/UT Q1 Earnings

Fatpipe Inc/UT (NASDAQ:FATN) – Investment analysts at Northland Securities issued their Q1 2028 earnings per share estimates for Fatpipe Inc/UT in a research note issued on Friday, August 21st. Northland Securities analyst N. Chokshi expects that the company will earn $0.08 per share for the quarter. Northland Securities has a “Outperform” rating and a $12.00 price objective on the stock. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.41 per share. Northland Securities also issued estimates for Fatpipe Inc/UT’s Q2 2028 earnings at $0.00 EPS, Q3 2028 earnings at $0.04 EPS and Q4 2028 earnings at $0.26 EPS.

A number of other brokerages also recently weighed in on FATN. Weiss Ratings restated a “sell (d)” rating on shares of Fatpipe Inc/UT in a research report on Wednesday, August 5th. D. Boral Capital reiterated a “buy” rating and set a $8.00 target price on shares of Fatpipe Inc/UT in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded Fatpipe Inc/UT from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.00.

Fatpipe Inc/UT Stock Performance

Shares of NASDAQ FATN opened at $5.90 on Monday. The firm’s 50-day moving average price is $5.68 and its 200-day moving average price is $3.94. Fatpipe Inc/UT has a 52-week low of $1.31 and a 52-week high of $10.77. The company has a market cap of $83.37 million, a PE ratio of 15.13 and a beta of 2.80. The company has a quick ratio of 3.79, a current ratio of 3.98 and a debt-to-equity ratio of 0.16.

Fatpipe Inc/UT (NASDAQ:FATN) last issued its earnings results on Thursday, July 30th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $5.03 million during the quarter. Fatpipe Inc/UT had a return on equity of 28.42% and a net margin of 26.87%.

Institutional Trading of Fatpipe Inc/UT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Fatpipe Inc/UT during the 2nd quarter worth $170,000. Renaissance Technologies LLC purchased a new stake in shares of Fatpipe Inc/UT in the 4th quarter worth $51,000. Grandeur Peak Global Advisors LLC bought a new position in Fatpipe Inc/UT in the 2nd quarter worth $277,000. Finally, Allworth Financial LP bought a new position in Fatpipe Inc/UT in the 2nd quarter worth $162,000.

Fatpipe Inc/UT Company Profile

FatPipe is a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies. Organizations, large and small, have become increasingly dependent on their information technology (“IT”) network infrastructure for data access and communications, and the critical importance of network reliability, extensibility, and durability has continued to grow as the volume of traffic across those networks expands.