Altice USA, Inc. Forecasted to Earn Q1 2026 Earnings of $0.01 Per Share (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUS - Free Report) - Investment analysts at Zacks Research decreased their Q1 2026 earnings estimates for Altice USA in a research note issued to investors on Monday, April 29th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.02. The consensus estimate for Altice USA's current full-year earnings is $0.24 per share. Zacks Research also issued estimates for Altice USA's FY2026 earnings at $0.13 EPS.

Altice USA (NYSE:ATUS - Get Free Report) last released its earnings results on Wednesday, February 14th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.33). Altice USA had a negative return on equity of 12.81% and a net margin of 0.58%. The company had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.29 billion. During the same quarter in the previous year, the company earned ($0.43) EPS. The firm's quarterly revenue was down 2.9% compared to the same quarter last year.

ATUS has been the topic of a number of other reports. Wells Fargo & Company lowered shares of Altice USA from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $2.00 to $1.00 in a research note on Friday, April 5th. Loop Capital reduced their price target on shares of Altice USA from $3.00 to $2.00 and set a "hold" rating on the stock in a research report on Tuesday, April 23rd. UBS Group reduced their price target on shares of Altice USA from $6.00 to $4.00 and set a "buy" rating on the stock in a research report on Thursday, February 15th. Evercore ISI restated an "in-line" rating and issued a $3.00 price target on shares of Altice USA in a research report on Tuesday, March 26th. Finally, Bank of America started coverage on shares of Altice USA in a research report on Wednesday, April 24th. They issued an "underperform" rating and a $1.50 price target on the stock. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Altice USA presently has a consensus rating of "Hold" and an average target price of $2.68.

Altice USA Stock Performance

Shares of Altice USA stock traded down $0.20 during midday trading on Tuesday, reaching $1.93. 1,938,178 shares of the company's stock traded hands, compared to its average volume of 3,934,317. The company has a market cap of $880.31 million, a price-to-earnings ratio of 16.08 and a beta of 1.35. The company's 50 day simple moving average is $2.41 and its 200 day simple moving average is $2.47. Altice USA has a 52 week low of $1.75 and a 52 week high of $3.82.

Institutional Investors Weigh In On Altice USA

Institutional investors and hedge funds have recently modified their holdings of the business. Assenagon Asset Management S.A. increased its position in shares of Altice USA by 79.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 3,884,841 shares of the company's stock worth $12,626,000 after acquiring an additional 1,724,851 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in Altice USA during the third quarter worth $1,006,000. Hudson Bay Capital Management LP boosted its holdings in Altice USA by 18.5% during the third quarter. Hudson Bay Capital Management LP now owns 5,272,274 shares of the company's stock worth $17,240,000 after purchasing an additional 823,530 shares during the last quarter. Aigen Investment Management LP acquired a new position in Altice USA during the third quarter worth $72,000. Finally, Rafferty Asset Management LLC boosted its holdings in Altice USA by 44.9% during the third quarter. Rafferty Asset Management LLC now owns 242,938 shares of the company's stock worth $794,000 after purchasing an additional 75,280 shares during the last quarter. 54.85% of the stock is owned by institutional investors.

Altice USA Company Profile

Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.