Buy Rating of FatPipe Inc. (NASDAQ:FATN), at $8.00 Price Target Reiterated by Jason Kolbert, Head of Equity Research at D. Boral Capital
Rhea-AI Summary
FatPipe (NASDAQ:FATN) said D. Boral Capital's Jason Kolbert reiterated a Buy rating and maintained an $8.00 price target in a May 1, 2026 research update. FatPipe reported preliminary Q4 2026 guidance: revenue $6.6M–$7.0M and adjusted EBITDA $3.0M–$3.2M, with the midpoint implying ~79% YoY revenue growth.
The firm noted the analyst report was prepared independently and is not endorsed by FatPipe.
Positive
- Analyst Buy rating reiterated at $8.00 price target
- Preliminary Q4 2026 revenue guidance of $6.6M–$7.0M
- Preliminary adjusted EBITDA guidance of $3.0M–$3.2M
- Midpoint implies approximately 79% YoY revenue growth
Negative
- Guidance labeled preliminary, subject to revision
- Analyst report is independent and not endorsed by FatPipe
News Market Reaction – FATN
In the May 7 session, FATN gained 16.56%, reflecting a significant positive market reaction. Argus tracked a peak move of +10.4% during that session. Argus tracked a trough of -4.5% from its starting point during tracking. Our momentum scanner triggered 23 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 05 | Analyst target raise | Positive | +7.7% | Zacks raised per-share valuation and highlighted stronger 2026 revenue outlook. |
| Apr 30 | Prelim Q4 results | Positive | +22.6% | Preliminary Q4 showed ~79% YoY revenue growth and EBITDA inflection. |
| Apr 29 | Procurement expansion | Positive | +18.7% | Expanded access via NASA SEWP, Equalis Group and state contracts. |
| Apr 28 | Replacement program | Positive | +5.0% | Launched VeloCloud Replacement Program with discounts and partner rebates. |
| Apr 27 | Investor conference | Neutral | -0.5% | Announced participation at D. Boral Capital 2026 Global Conference. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive operational and coverage updates generally coincided with positive price reactions, suggesting the stock has responded constructively to favorable news prior to this analyst reiteration.
Over the last weeks, FatPipe reported strong preliminary Q4 FY2026 metrics, with revenue guidance of $6.6M–$7.0M and adjusted EBITDA of $3.0M–$3.2M, and saw double‑digit percentage gains following those updates. The company expanded public-sector procurement access and launched a VeloCloud Replacement Program, both also met with positive price moves. Participation in the D. Boral Capital 2026 Global Conference had a modestly negative reaction. Today’s reiteration of an $8.00 target follows this sequence of generally supportive developments.
Key Terms
adjusted EBITDA financial
software-defined wide area networking technical
sd-wan technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
SALT LAKE CITY, UT / ACCESS Newswire / May 7, 2026 / FatPipe, Inc., a multiple patents holder and pioneer in secure software-defined wide area networking (SD-WAN) and cybersecurity solutions, today announced that Jason Kolbert, Head of Equity Research at D. Boral Capital, has published an updated equity research report on the Company.
In its company update dated May 1, 2026, Jason Kolbert, Head of Equity Research, D. Boral Capital reiterated his Buy rating and maintained his
The report followed FatPipe's previously announced preliminary fiscal fourth quarter 2026 results, including preliminary revenue guidance of
"We appreciate D. Boral Capital's continued research coverage of FatPipe as we execute on our sales strategy across enterprise networking, SD-WAN, and cybersecurity," said Dr. Ragula Bhaskar, Chief Executive Officer of FatPipe. "We remain focused on serving enterprise, government, and service provider customers with secure, reliable, and high-performance networking solutions."
The updated D. Boral Capital report is available at: https://dboralcapital-portal.bluematrix.com/links2/html/064464d2-856c-488b-b8d2-c8abca7a796c?firmId=11777
The D. Boral Capital report was prepared independently by D. Boral Capital and reflects the views of its analysts. FatPipe does not endorse or adopt any analyst report, rating, price target, estimate, projection, or opinion. Analyst reports are not prepared by the Company and should not be considered a recommendation by FatPipe to buy, sell, or hold any security.
Forward-Looking Statements
Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.
Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
About FatPipe, Inc.
FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide.
For more information, please visit www.fatpipeinc.com.
Follow us on X @FatPipe_Inc.
Company Contact:
+1 801.683-5656 x 1140
Investor.ir@fatpipeinc.com
SOURCE: FatPipe Networks
View the original press release on ACCESS Newswire