Q3 Earnings Estimate for Altice USA Issued By Zacks Research

Altice USA, Inc. (NYSE:ATUS - Free Report) - Analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for Altice USA in a note issued to investors on Monday, July 14th. Zacks Research analyst R. Department now expects that the company will earn ($0.09) per share for the quarter, down from their prior forecast of ($0.07). 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 Q4 2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.19) EPS.

Other research analysts have also issued research reports about the stock. Barclays increased their target price on shares of Altice USA from $2.00 to $3.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. The Goldman Sachs Group raised their price target on shares of Altice USA from $2.00 to $2.25 and gave the company a "sell" rating in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Altice USA presently has a consensus rating of "Hold" and an average target price of $2.88.

Altice USA Price Performance

Shares of ATUS traded up $0.06 during midday trading on Thursday, hitting $2.79. The stock had a trading volume of 9,496,255 shares, compared to its average volume of 3,592,955. The company has a 50 day simple moving average of $2.33 and a two-hundred day simple moving average of $2.51. Altice USA has a twelve month low of $1.52 and a twelve month high of $3.20. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of -8.21 and a beta of 1.58.

Altice USA (NYSE:ATUS - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.07). The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the prior year, the business earned ($0.05) EPS. The company's revenue was down 4.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its position in Altice USA by 7.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 56,440 shares of the company's stock worth $150,000 after acquiring an additional 4,030 shares during the period. R Squared Ltd grew its stake in Altice USA by 56.0% in the 1st quarter. R Squared Ltd now owns 15,490 shares of the company's stock worth $41,000 after buying an additional 5,560 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Altice USA by 1.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 644,142 shares of the company's stock valued at $1,713,000 after purchasing an additional 7,470 shares in the last quarter. Swiss National Bank boosted its stake in shares of Altice USA by 2.0% in the 4th quarter. Swiss National Bank now owns 407,700 shares of the company's stock valued at $983,000 after purchasing an additional 8,000 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Altice USA by 11.4% in the 1st quarter. Hsbc Holdings PLC now owns 99,025 shares of the company's stock valued at $263,000 after purchasing an additional 10,139 shares in the last quarter. 54.85% of the stock is currently owned by hedge funds and other 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.