Why BWS Financial Sees A10 Networks (ATEN) Benefiting From Rising AI Network Traffic

A10 Networks, Inc. (NYSE:ATEN) is one of the best rising AI stocks to buy now. On February 20, 2026, BWS Financial raised its price target on A10 Networks to $28 from $24 and maintained its Buy rating. The firm said A10’s network security business is positioned to benefit from the proliferation of AI-related network traffic and noted that the company’s growth outlook through 2028 is stronger than its outlook for 2026. BWS also highlighted A10’s fundamentals, including a 79% gross margin and 11% trailing-12-month revenue growth.

That call followed A10 Networks’ February 4, 2026, fourth-quarter and full-year 2025 results. The company reported record fourth-quarter revenue of $80.4 million and full-year revenue of $290.6 million, up 11.0% year over year. Full-year GAAP net income was $42.1 million, while non-GAAP net income was $66.3 million. For 2026, A10 projected revenue growth of 10% to 12%. Management said the company is benefiting from demand tied to AI infrastructure, high-throughput networking, and customer data center buildouts.

A10 Networks, Inc. (NYSE:ATEN) provides security and infrastructure solutions that help enterprises, service providers, cloud operators, and web-scale companies secure applications and manage network performance.

While we acknowledge the risk and potential of ATEN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ATEN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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