Q1 EPS Estimate for Fatpipe Inc/UT Lowered by Analyst

Fatpipe Inc/UT (NASDAQ:FATN) – Equities researchers at Northland Securities dropped their Q1 2027 earnings per share (EPS) estimates for shares of Fatpipe Inc/UT in a report released on Tuesday, May 19th. Northland Securities analyst N. Chokshi now expects that the company will post earnings per share of $0.06 for the quarter, down from their prior forecast of $0.07. Northland Securities has a “Outperform” rating and a $12.00 price target on the stock. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.27 per share.

Other research analysts also recently issued reports about the stock. D. Boral Capital restated a “buy” rating and set a $8.00 target price on shares of Fatpipe Inc/UT in a research report on Friday, May 1st. Wall Street Zen upgraded Fatpipe Inc/UT to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings upgraded Fatpipe Inc/UT from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fatpipe Inc/UT presently has an average rating of “Hold” and a consensus target price of $10.00.

Fatpipe Inc/UT Stock Performance

Fatpipe Inc/UT stock opened at $4.75 on Wednesday. The company’s 50-day moving average price is $2.46. The stock has a market cap of $66.12 million and a P/E ratio of 13.57. The company has a current ratio of 2.74, a quick ratio of 2.69 and a debt-to-equity ratio of 0.20. Fatpipe Inc/UT has a fifty-two week low of $1.31 and a fifty-two week high of $12.25.

Insiders Place Their Bets

In other Fatpipe Inc/UT news, Director Ragula Bhaskar acquired 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $1.45 per share, for a total transaction of $29,000.00. Following the completion of the acquisition, the director owned 2,305,766 shares of the company’s stock, valued at approximately $3,343,360.70. The trade was a 0.87% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Institutional Trading of Fatpipe Inc/UT

An institutional investor recently bought a new position in Fatpipe Inc/UT stock. Renaissance Technologies LLC acquired a new stake in Fatpipe Inc/UT (NASDAQ:FATN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,300 shares of the company’s stock, valued at approximately $51,000. Renaissance Technologies LLC owned 0.18% of Fatpipe Inc/UT at the end of the most recent quarter.

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.