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FatPipe Inc. (FATN) — RQD Stock Rating Cockpit

$5.30 +1.92% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $5.31

FatPipe Inc. (FATN) carries a Roarable Rating of D+ (Sell) with 56/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record: Scores of 56/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.4% avg 90D alpha vs SPY) →

ROARABLE D+ • SELL / AVOID Cap $74.9M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on FATN Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FATN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, FatPipe Inc. (NASDAQ: FATN) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $5.30 (+1.92% 1D, market cap $74.9M). Pillar breakdown: Fundamental Cash Engine 9/20, Institutional 13F & Options Flow 10/20, Executive Insider Alignment 16/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 10/20. Across 714 tracked Technology issuers, FATN ranks #292 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FATN compare to CHOW and CMCM in the Technology sector?

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Within the Technology sector (Computer Software: Prepackaged Software), FATN carries a Roarable D+ (56/100 RQD), trailing P/E of 15.1x, gross margin of 91.0%, and ROIC of 13.4%. By comparison, CHOW (ChowChow Cloud International Holdings Limited) holds a D- grade (42/100 RQD, P/E N/A, ROIC -35.0%, cap $75.6M) and CMCM (Cheetah Mobile Inc. each representing fifty (50) (Class A)) posts a E grade (26/100 RQD, P/E N/A, ROIC -35.0%, cap $76.1M). Among the 5-stock peer group, FATN leads on earnings multiple (15.1x) while CCLD leads on capital efficiency (15.1% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FATN?

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Per FATN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-03-31, CIK 0001993400), FatPipe Inc. generated $19.2M in revenue (+17.9% YoY), $5.0M in net income, and -$832.9K in free cash flow against $32.4M in total assets and $0 in total debt. Key quantitative strengths: Clean SEC annual filing review with no major hidden accounting time-bombs.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $5.31 (+0.16%)🧬 Disciplined Float (+0.52% YoY Shares)⚙️ Cash Engine: 9/20 (D) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 56/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.4% avg 90D alpha vs SPY • 51.8% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D+

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D · Rk C+

Each axis scored 0–20

12M PRICE TARGET CONE-0.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FATN)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (56/100 Composite)

🔍 WHY FATN SCORES 56/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (29% of score)

Altman Z-Score 5.87 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 5/9

▲ #2 Bullish Driver: Macro Regime Fit+11/20 pts (20% of score)

FRED Regime × Technicals: 55% of 52W Range • RSI-14 at 50.2 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Cash Engine Quality9/20 pts (-11 pt drag)

Capital intensity & 18.7% operating margin leave 11 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$5.01+6.8% Next Q

Q2 (-2Q)

Grade C-$5.35+1.1% Next Q

Q3 (-1Q)

Grade C-$5.41-2% Next Q

Current

Grade D+$5.30-0.4% Hist 90D α

Trajectory: D (48) → D+ (56)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the FATN Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 56/100 (D+) score, FATN faces multiple-compression risk if 15.1x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Company executives have done more routine share selling than personal cash buying lately.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Disciplined Float (+0.52% YoY Shares) — any gross margin slip below 88.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($5.48) or 200D SMA ($4.19) invalidates the momentum regime and cuts Target Base ($5.25) toward Bear Floor ($4.09).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FATN• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “FATN Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 56%NO 44%Trade / Inspect Odds →

RSI-14 MOMENTUMNEUTRAL RANGE

50.230 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

5.87>3.0 Fortress Safe

PIOTROSKI F-SCORESOLID CORE (5–6)

5 / 99-Pt Accounting

52-WEEK LASER RANGE55% OF RANGE

L: $1$5.30H: $9

1. Money & Cash Health● WEAK

Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: DRQD 9 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: DRQD 20 / 40

3. Hidden Risks & Market Weather● WATCH

SEC fine-print scan & interest-rate fit

No major SEC filing blowups, though current interest rates and Fed liquidity call for normal position sizing.

Factor Grade: C+RQD 27 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

JEV AI Jury Split (Battleground) on FATN

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BEARISH (45)

13.4% ROIC with 91.0% gross margin and -1.11% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BULLISH (80)

Altman-Z 5.87 and Piotroski 5/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

NEUTRAL (52)

20/40 institutional & smart-money positioning score with 11/20 macro alignment.

Bull Case: Why Buyers Like FATN

✓Clean SEC annual filing review with no major hidden accounting time-bombs.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FATN)

✓Walkthrough of FATN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

FATN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +70.42%🛡️ HOLDING TREND SUPPORT

2026-11-02O $5.20H $5.30L $5.20C $5.30VOL 17.7K

RES: $5.84SUP: $4.86SMA50: $5.48SMA200: $4.19

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FATN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 FATN Butterfly Map → + Track FATN →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

7.3%/yr Implied 5Y Growth

vs. +17.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on FATN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FATN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for FATN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FATN)

Technology Rank #292 of 714 ⚔️ CHOW vs FATN Full Matrix →

1. Head-to-Head Technology Peer Comparison (FATN vs. CHOW, CMCM, CCLD, AISP)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, FatPipe Inc. (FATN) ranks #292 by composite RQD confidence (56/100, grade D+) and #540 by equity capitalization ($74.9M). Within this direct 5-issuer industry benchmark cohort, FATN leads on earnings valuation at 15.1x trailing P/E, while CCLD leads on capital efficiency and profitability with 15.1% ROIC and — gross margin. FATN currently leads its immediate peer cohort in composite quantitative strength at 56/100 (D+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
FATN ACTIVE FatPipe Inc.	D+	56/100	15.1x	91.0%	13.4%	+1.92%	$74.9M	Benchmark Subject
CHOW ChowChow Cloud International Holdings Limited	D-	42/100	—	12.9%	-35.0%	+0.95%	$75.6M	/chow-vs-fatn →
CMCM Cheetah Mobile Inc. each representing fifty (50) (Class A)	E	26/100	—	72.5%	-35.0%	+2.95%	$76.1M	/cmcm-vs-fatn →
CCLD CareCloud Inc.	D	51/100	—	—	15.1%	+1.70%	$76.5M	/ccld-vs-fatn →
AISP Airship AI Holdings Inc. (Class A)	E	19/100	—	—	-35.0%	-0.88%	$77.5M	/aisp-vs-fatn →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-03-31 • CIK 0001993400

In its most recent audited fiscal period (FY2025, filed 2026-03-31), FatPipe Inc. (FATN) reported GAAP revenue of $19.2M (+17.9% vs. FY2024 revenue of $16.3M , and +7.5% cumulative change since FY2023) , GAAP net income of $5.0M, operating cash flow of -$780.4K, and free cash flow of -$832.9K (-59.0% YoY). On the balance sheet, FATN closed FY2025 with $32.4M in total assets against $0 in total debt (Altman Z-Score: 5.87, Piotroski F-Score: 5/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2026-03-31	$19.2M	$5.0M	-$780.4K	-$832.9K	$32.4M	—
FY2024 (FY)	2025-03-31	$16.3M	$2.0M	-$504.1K	-$523.9K	—	—
FY2023 (FY)	2024-03-31	$17.9M	$4.4M	-$363.4K	-$363.4K	—	—

3. FATN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FATN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does FATN compare to CHOW and CMCM in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for FATN?

Where is FATN trading relative to its 50-day, 200-day, and 52-week technical levels?

FATN last traded at $5.30 (+1.92% on volume of 17,655 shares), positioning the stock -3.28% below its 50-day simple moving average ($5.48) and +26.49% above its 200-day simple moving average ($4.19). Across its 52-week range of $1.31 to $8.61, FATN sits at the 54.7% percentile with a 14-day RSI of 50.2 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($4.64 to $5.96).

FATN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell FATN stock right now?

FatPipe Inc. (FATN) currently earns a Roarable Rating of D+ (Sell — SELL) with 56/100 RQD Confidence. Stretched risk/reward at 15x P/E (13% return on capital) under elevated 10-year interest-rate pressure.

What is FATN's 12-month price target and RQD AI Jury consensus?

FATN's 12-month base price target is $5.25 (range $4.09 to $9.04), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: FATN RQD Cockpit FATN 12M Forecast FATN Earnings & Move FATN Dividends & DRIP FATN Insiders & 13F FATN Whale Options FATN Profit Sankey FATN News & Why