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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 53/100 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 53/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.9% avg 90D alpha vs SPY) →

ROARABLE D+ • SELL / AVOID Cap $74.9M

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

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 53/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.9% avg 90D alpha vs SPY • 50.6% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D+

2-of-3 JEV AI Jury Bearish Warning

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-2.3% Base Target

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

Deterministic 5-Pillar Attribution (53/100 Composite)

🔍 WHY FATN SCORES 53/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (30% of score)

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

▲ #2 Bullish Driver: Whale & Options Positioning+10/20 pts (19% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▼ #1 Drag / Risk Factor: Macro Regime Fit8/20 pts (-12 pt drag)

Macro rate sensitivity & RSI-14 (44.2) create a -12 pt regime headwind

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

Q1 (-3Q)

Grade D$5.19-3.7% Next Q

Q2 (-2Q)

Grade D$5.00+6.6% Next Q

Q3 (-1Q)

Grade C-$5.33-0.6% Next Q

Current

Grade D+$5.30-0.9% Hist 90D α

Trajectory: D (45) → D+ (53)Full Audit →

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

⚔️ Adversarial Opposing Case: What Could Spark a FATN Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While FATN currently carries a cautious 53/100 (D+) rating due to Macro Regime Fit (8/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

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

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($5.50) and Max Pain ($5.57) forces dealer call-delta covering toward $9.04.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.52% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 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 53%NO 47%Trade / Inspect Odds →

RSI-14 MOMENTUMNEUTRAL RANGE

44.230 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 24 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

2-of-3 JEV AI Jury Bearish Warning 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

BEARISH (47)

20/40 institutional & smart-money positioning score with 8/20 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.
!Sensitive to high interest rates and tighter Federal Reserve market liquidity.

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: +74.34%🛡️ HOLDING TREND SUPPORT

2026-10-30O $5.19H $5.30L $4.94C $5.30VOL 35.3K

RES: $5.87SUP: $4.85SMA50: $5.50SMA200: $4.18

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 #360 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 #360 by composite RQD confidence (53/100, 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. CCLD currently holds the highest overall quantitative score in the immediate peer group at 67/100 (C+) compared with FATN at 53/100 (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+	53/100	15.1x	91.0%	13.4%	+1.92%	$74.9M	Benchmark Subject
CHOW ChowChow Cloud International Holdings Limited	D-	36/100	—	12.9%	-35.0%	+0.95%	$75.6M	/chow-vs-fatn →
CMCM Cheetah Mobile Inc. each representing fifty (50) (Class A)	D-	40/100	—	72.5%	-35.0%	+2.95%	$76.1M	/cmcm-vs-fatn →
CCLD CareCloud Inc.	C+	67/100	—	—	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?

As of 2026-11-01, FatPipe Inc. (NASDAQ: FATN) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 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 8/20, and SEC Balance-Sheet Forensics 10/20. Across 714 tracked Technology issuers, FATN ranks #360 in composite RQD confidence.

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

Within the Technology sector (Computer Software: Prepackaged Software), FATN carries a Roarable D+ (53/100 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 (36/100 RQD, P/E N/A, ROIC -35.0%, cap $75.6M) and CMCM (Cheetah Mobile Inc. each representing fifty (50) (Class A)) posts a D- grade (40/100 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).

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

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.

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 -3.64% below its 50-day simple moving average ($5.50) and +26.79% above its 200-day simple moving average ($4.18). Across its 52-week range of $1.31 to $8.61, FATN sits at the 54.7% percentile with a 14-day RSI of 44.2 (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 53/100 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 $5.18 (range $4.04 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