Brokers Set Expectations for Fatpipe Inc/UT Q3 Earnings

Fatpipe Inc/UT (NASDAQ:FATN) – Zacks Research reduced their Q3 2027 earnings estimates for Fatpipe Inc/UT in a note issued to investors on Friday, November 6th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.12. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.46 per share. Zacks Research also issued estimates for Fatpipe Inc/UT’s FY2027 earnings at $0.44 EPS.

A number of other analysts have also recently weighed in on FATN. Roth Capital initiated coverage on Fatpipe Inc/UT in a research report on Thursday, September 10th. They issued a “buy” rating and a $8.00 price target on the stock. Wall Street Zen raised shares of Fatpipe Inc/UT from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Finally, Weiss Ratings raised shares of Fatpipe Inc/UT from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, November 2nd. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $9.33.

Fatpipe Inc/UT Stock Down 3.7%

NASDAQ FATN opened at $4.68 on Friday. The company has a current ratio of 5.13, a quick ratio of 4.91 and a debt-to-equity ratio of 0.15. The stock’s 50 day moving average is $5.27 and its two-hundred day moving average is $4.30. The company has a market capitalization of $66.13 million, a price-to-earnings ratio of 8.24 and a beta of 2.92. Fatpipe Inc/UT has a 1-year low of $1.31 and a 1-year high of $8.61.

Fatpipe Inc/UT (NASDAQ:FATN) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $4.83 million during the quarter. Fatpipe Inc/UT had a net margin of 31.64% and a return on equity of 30.72%.

Institutional Investors Weigh In On Fatpipe Inc/UT

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Fatpipe Inc/UT during the 2nd quarter valued at $170,000. Allworth Financial LP acquired a new position in Fatpipe Inc/UT in the second quarter worth $162,000. Finally, Grandeur Peak Global Advisors LLC acquired a new position in Fatpipe Inc/UT in the second quarter worth $277,000.

Fatpipe Inc/UT Company Profile

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.