Northland Capmk Has Bearish Outlook for ADTRAN Q4 Earnings

Key Points

• Northland Capmk has revised ADTRAN's Q4 2025 earnings per share (EPS) estimate down from $0.06 to $0.05, while the full-year consensus estimate stands at ($0.50) per share.
• The company's recent earnings report showed a loss of ($0.26) EPS, missing estimates, but revenue increased by 17.3% year-over-year, reaching $265.07 million.
• Institutional investors hold 80.56% of ADTRAN's stock, with significant increases in positions from firms like JPMorgan Chase & Co., which grew its stake by 591.5%.

ADTRAN Holdings, Inc. (NASDAQ:ADTN - Free Report) - Equities research analysts at Northland Capmk lowered their Q4 2025 earnings per share estimates for ADTRAN in a report released on Wednesday, August 6th. Northland Capmk analyst T. Savageaux now anticipates that the communications equipment provider will post earnings per share of $0.05 for the quarter, down from their prior estimate of $0.06. The consensus estimate for ADTRAN's current full-year earnings is ($0.50) per share. Northland Capmk also issued estimates for ADTRAN's FY2026 earnings at $0.37 EPS.

ADTRAN (NASDAQ:ADTN - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The communications equipment provider reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.27). ADTRAN had a negative return on equity of 10.09% and a negative net margin of 11.02%. The company had revenue of $265.07 million during the quarter, compared to the consensus estimate of $255.57 million. During the same quarter in the previous year, the business posted ($0.24) EPS. The firm's revenue for the quarter was up 17.3% on a year-over-year basis.

A number of other research analysts have also recently issued reports on ADTN. Rosenblatt Securities decreased their target price on ADTRAN from $15.00 to $11.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Wolfe Research started coverage on ADTRAN in a research report on Monday, July 7th. They issued a "peer perform" rating on the stock. Wall Street Zen cut ADTRAN from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Finally, Needham & Company LLC cut their price target on ADTRAN from $14.00 to $12.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, ADTRAN presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.00.

ADTRAN Price Performance

ADTRAN stock traded up $0.54 during midday trading on Friday, reaching $9.10. The company's stock had a trading volume of 1,109,696 shares, compared to its average volume of 1,127,045. ADTRAN has a 52 week low of $4.71 and a 52 week high of $12.44. The company has a current ratio of 1.96, a quick ratio of 1.19 and a debt-to-equity ratio of 1.12. The business has a 50-day moving average price of $8.81 and a 200-day moving average price of $8.92. The stock has a market cap of $727.82 million, a PE ratio of -6.95 and a beta of 1.30.

Hedge Funds Weigh In On ADTRAN

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aquatic Capital Management LLC lifted its stake in shares of ADTRAN by 1,572.5% in the fourth quarter. Aquatic Capital Management LLC now owns 6,690 shares of the communications equipment provider's stock worth $56,000 after acquiring an additional 6,290 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of ADTRAN in the first quarter worth approximately $65,000. New York State Teachers Retirement System acquired a new position in shares of ADTRAN in the second quarter worth approximately $65,000. Park Avenue Securities LLC acquired a new position in shares of ADTRAN in the second quarter worth approximately $91,000. Finally, Ballentine Partners LLC acquired a new position in shares of ADTRAN in the first quarter worth approximately $94,000. 80.56% of the stock is owned by institutional investors and hedge funds.

About ADTRAN

ADTRAN Holdings, Inc, through its subsidiaries, provides networking and communications platforms, software, systems, and services in the United States, Germany, the United Kingdom, and internationally. It operates through two segments, Network Solutions, and Services & Support. It offers residential gateways; ethernet passive optical network ONUs; gigabit passive optical network/XGS-PON ONTs; traditional SSE, routers, and switches; edge cloud; carrier ethernet network interface devices; Optical Line Terminals; Packet Aggregation, Copper Access, and Oscilloquartz; optical transport and engine solutions; infrastructure monitoring solution; and training, professional, software, and managed services.