Zacks Research Weighs in on Fatpipe Inc/UT Q2 Earnings

Fatpipe Inc/UT (NASDAQ:FATN) – Stock analysts at Zacks Research increased their Q2 2027 EPS estimates for Fatpipe Inc/UT in a research report issued on Friday, July 31st. Zacks Research analyst L. Thompson now anticipates that the company will post earnings of $0.09 per share for the quarter, up from their prior estimate of $0.04. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.41 per share. Zacks Research also issued estimates for Fatpipe Inc/UT’s Q4 2027 earnings at $0.20 EPS.

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

Other research analysts also recently issued research reports about the company. D. Boral Capital reiterated a “buy” rating and issued a $8.00 price objective on shares of Fatpipe Inc/UT in a report on Friday, May 1st. Weiss Ratings upgraded Fatpipe Inc/UT from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Wall Street Zen downgraded Fatpipe Inc/UT from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Northland Securities started coverage on shares of Fatpipe Inc/UT in a research note on Monday, May 11th. They issued an “outperform” rating and a $12.00 price target on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $10.00.

Fatpipe Inc/UT Price Performance

Shares of NASDAQ FATN opened at $6.95 on Wednesday. The business’s 50-day simple moving average is $5.74. The stock has a market cap of $98.20 million, a P/E ratio of 17.82 and a beta of 2.80. Fatpipe Inc/UT has a 1 year low of $1.31 and a 1 year high of $10.77. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.98 and a quick ratio of 3.75.

Hedge Funds Weigh In On Fatpipe Inc/UT

A hedge fund recently bought a new position in Fatpipe Inc/UT stock. Renaissance Technologies LLC acquired a new position in shares of Fatpipe Inc/UT (NASDAQ:FATN) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 25,300 shares of the company’s stock, valued at approximately $51,000. Renaissance Technologies LLC owned about 0.18% of Fatpipe Inc/UT as of its most recent filing with the Securities & Exchange Commission.

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.