Zacks Research Predicts Lower Earnings for Fatpipe Inc/UT

Fatpipe Inc/UT (NASDAQ:FATN) – Zacks Research decreased their Q1 2027 earnings estimates for Fatpipe Inc/UT in a research note issued to investors on Friday, May 22nd. Zacks Research analyst L. Thompson now anticipates that the company will earn $0.08 per share for the quarter, down from their previous forecast of $0.11. The consensus estimate for Fatpipe Inc/UT’s current full-year earnings is $0.27 per share. Zacks Research also issued estimates for Fatpipe Inc/UT’s Q2 2027 earnings at $0.04 EPS, Q3 2027 earnings at $0.10 EPS, Q4 2027 earnings at $0.28 EPS, FY2027 earnings at $0.49 EPS and FY2028 earnings at $0.51 EPS.

Other equities research analysts also recently issued research reports about the stock. D. Boral Capital reaffirmed a “buy” rating and issued a $8.00 target price on shares of Fatpipe Inc/UT in a research note on Friday, May 1st. Weiss Ratings raised shares of Fatpipe Inc/UT from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Northland Securities began coverage on shares of Fatpipe Inc/UT in a research note on Monday, May 11th. They issued an “outperform” rating and a $12.00 target price for the company. Finally, Wall Street Zen raised shares of Fatpipe Inc/UT from a “hold” rating to a “buy” rating in a research note on Sunday. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.00.

Fatpipe Inc/UT Stock Performance

Shares of NASDAQ:FATN opened at $4.82 on Thursday. Fatpipe Inc/UT has a 52 week low of $1.31 and a 52 week high of $11.08. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.85 and a quick ratio of 3.75. The company has a market capitalization of $67.58 million and a P/E ratio of 13.77. The firm has a 50 day moving average price of $2.74.

Insider Activity

In related news, Director Ragula Bhaskar acquired 20,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average price of $1.45 per share, with a total value of $29,000.00. Following the completion of the transaction, the director directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Investors Weigh In On Fatpipe Inc/UT

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

About Fatpipe Inc/UT

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.