FatPipe, Inc. ($FATN) reported first-quarter 2027 revenue of $5.0 million, up 27.8% from a year earlier and ahead of the $4.7 million estimate. Gross profit rose 25.1% to $4.6 million, showing continued solid top-line growth.
Profitability improved as net income attributable to common shareholders climbed 65.5% to $1.2 million, while diluted earnings per share increased 73.6% to $0.09. Operating profit, however, eased 10.1% year over year to $0.9 million.
On the cash flow side, operating cash flow remained negative at $(0.7 million). The company ended the period with $4.3 million in cash and cash equivalents, while total liabilities declined 22.9% to $9.0 million.
- Revenue: $5.0 million, up 27.8%
- Net income: $1.2 million, up 65.5%
- Diluted EPS: $0.09, up 73.6%
- Cash and cash equivalents: $4.3 million
- Total liabilities: $9.0 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
FatPipe, Inc. Insider Trading Activity
FatPipe, Inc. insiders have traded $FATN stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FATN stock by insiders over the last 6 months:
- RAGULA BHASKAR purchased 20,000 shares for an estimated $29,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
FatPipe, Inc. Hedge Fund Activity
We have seen 4 institutional investors add shares of FatPipe, Inc. stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TORREY GROWTH & INCOME ADVISORS added 210,450 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,325,835
- CITADEL ADVISORS LLC removed 31,294 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $76,357
- RENAISSANCE TECHNOLOGIES LLC removed 25,300 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $61,732
- TWO SIGMA INVESTMENTS, LP removed 13,712 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $33,457
- BLACKROCK, INC. added 7,180 shares (+49.5%) to their portfolio in Q1 2026, for an estimated $17,519
- UBS GROUP AG removed 485 shares (-30.4%) from their portfolio in Q1 2026, for an estimated $1,183
- ROYAL BANK OF CANADA added 12 shares (+16.0%) to their portfolio in Q1 2026, for an estimated $29
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
FatPipe, Inc. Analyst Ratings
Wall Street analysts have issued reports on $FATN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- D. Boral Capital issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for FatPipe, Inc., check out Quiver Quantitative's $FATN forecast page.
FatPipe, Inc. Price Targets
Multiple analysts have issued price targets for $FATN recently. We have seen 2 analysts offer price targets for $FATN in the last 6 months, with a median target of $10.0.
Here are some recent targets:
- Nehal Chokshi from Northland Capital Markets set a target price of $12.0 on 05/11/2026
- Jason Kolbert from D. Boral Capital set a target price of $8.0 on 05/01/2026
