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. provides security and infrastructure solutions that help enterprises, service providers, cloud operators, and web-scale companies secure applications and manage network performance.

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