FY2027 EPS Estimate for Fatpipe Inc/UT Increased by Analyst

Fatpipe Inc/UT (NASDAQ:FATN – Free Report) – Northland Securities increased their FY2027 earnings estimates for shares of Fatpipe Inc/UT in a note issued to investors on Thursday, November 5th. Northland Securities analyst N. Chokshi now forecasts that the company will earn $0.40 per share for the year, up from their prior forecast of $0.33. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.42 per share. Northland Securities also issued estimates for Fatpipe Inc/UT’s Q4 2027 earnings at $0.16 EPS.

Fatpipe Inc/UT (NASDAQ:FATN – Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $0.11 EPS for the quarter. The company had revenue of $4.83 million during the quarter. Fatpipe Inc/UT had a return on equity of 31.45% and a net margin of 31.64%.

Several other research analysts have also issued reports on the company. Weiss Ratings upgraded Fatpipe Inc/UT from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday. Roth Capital began coverage on Fatpipe Inc/UT in a report on Thursday, September 10th. They set a “buy” rating and a $8.00 price objective for the company. Finally, Wall Street Zen raised Fatpipe Inc/UT from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $9.33.

View Our Latest Stock Report on Fatpipe Inc/UT

Fatpipe Inc/UT Stock Performance

Shares of Fatpipe Inc/UT stock opened at $4.57 on Friday. The business has a 50-day simple moving average of $5.41 and a 200 day simple moving average of $4.29. Fatpipe Inc/UT has a one year low of $1.31 and a one year high of $8.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.98 and a quick ratio of 3.79. The firm has a market capitalization of $64.56 million, a price-to-earnings ratio of 9.52 and a beta of 2.92.

Institutional Investors Weigh In On Fatpipe Inc/UT

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP bought a new position in Fatpipe Inc/UT during the 2nd quarter valued at $162,000. BlackRock Inc. purchased a new position in Fatpipe Inc/UT during the 2nd quarter worth $170,000. Finally, Grandeur Peak Global Advisors LLC purchased a new position in Fatpipe Inc/UT during the 2nd quarter worth $277,000.

Fatpipe Inc/UT Company Profile

(Get Free Report)

FatPipe Inc is a Utah-based networking technology company that develops software-defined wide area networking (SD-WAN) and WAN optimization solutions. Its products are designed to help organizations improve network performance, reliability, security and connectivity across offices, data centers, cloud environments and remote locations.

The company’s offerings use multiple network connections to provide traffic management, failover and load balancing. FatPipe’s portfolio has included SD-WAN, WAN virtualization, VPN, secure connectivity and network optimization solutions intended for enterprises, service providers, government organizations and other institutions.

FatPipe serves customers through business and channel relationships in the United States and international markets.

Featured Stories

Earnings History and Estimates for Fatpipe Inc/UT (NASDAQ:FATN)

Receive News & Ratings for Fatpipe Inc/UT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fatpipe Inc/UT and related companies with MarketBeat.com's FREE daily email newsletter.