Fatpipe Inc/UT (NASDAQ:FATN) Shares Down 2% - Time to Sell?
Written by MarketBeat
November 3, 2026
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Key Points
Fatpipe shares fell 2% to $5.00 in mid-day trading, with volume below the stock’s average. The company has a market capitalization of approximately $70.65 million and a P/E ratio of 12.82.
Analyst sentiment is mixed but leans positive: three analysts rate FATN a Buy and one rates it Sell, resulting in a “Moderate Buy” consensus and an average price target of $9.33 .
Institutional interest increased during the second quarter, with BlackRock, Allworth Financial and Grandeur Peak Global Advisors establishing new positions. FatPipe develops SD-WAN and WAN optimization software for enterprise and other organizations.
MarketBeat previews the top five stocks to own by December 1st .
Shares of Fatpipe Inc/UT ( NASDAQ:FATN - Get Free Report ) were down 2% during mid-day trading on Monday. The company traded as low as $5.00 and last traded at $5.00. Approximately 23,691 shares changed hands during mid-day trading, a decline of 31% from the average session volume of...