ADTRAN (ADTN) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ADTN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADTN, but not buy additional shares or sell existing shares.
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3 equities research analysts have issued 1-year price objectives for ADTRAN's stock. Their ADTN share price targets range from $7.50 to $16.00. On average, they anticipate the company's stock price to reach $10.50 in the next year. This suggests a possible upside of 124.4% from the stock's current price.
View analysts price targets for ADTN or view top-rated stocks among Wall Street analysts.

ADTRAN's stock was trading at $7.34 at the beginning of the year. Since then, ADTN shares have decreased by 36.2% and is now trading at $4.68.
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ADTRAN saw a decline in short interest in March. As of March 31st, there was short interest totaling 2,310,000 shares, a decline of 21.2% from the March 15th total of 2,930,000 shares. Based on an average daily trading volume, of 749,100 shares, the days-to-cover ratio is currently 3.1 days.
View ADTRAN's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our ADTN earnings forecast.

ADTRAN will be holding an earnings conference call on Tuesday, May 7th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

ADTRAN Holdings, Inc. (NASDAQ:ADTN) issued its quarterly earnings results on Monday, February, 26th. The communications equipment provider reported ($1.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by $1.01. The communications equipment provider earned $225.48 million during the quarter, compared to analysts' expectations of $232.45 million. ADTRAN had a negative net margin of 21.80% and a negative trailing twelve-month return on equity of 15.65%.

ADTRAN announced a quarterly dividend on Sunday, August 6th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.09 per share on Tuesday, September 5th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for ADTN.

ETFs with the largest weight of ADTRAN (NASDAQ:ADTN) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).SPDR S&P Telecom ETF (XTL).

ADTRAN issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $210.0 million-$240.0 million, compared to the consensus revenue estimate of $226.2 million.

121 employees have rated ADTRAN Chief Executive Officer Thomas R. Stanton on Glassdoor.com. Thomas R. Stanton has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ADTRAN investors own include Intelsat (I), Ciena (CIEN), Fossil Group (FOSL), AMC Entertainment (AMC), Bank of America (BAC), Associated British Foods (ABF), Apollo Global Management (APO), Chaarat Gold (CGH), First Data (FDC) and Cypress Semiconductor (CY).

Shares of ADTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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