ADTRAN - ADTN Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ADTN shares.
View ADTN analyst ratings or view top-rated stocks.

6 analysts have issued twelve-month price targets for ADTRAN's shares. Their ADTN share price forecasts range from $24.00 to $35.00. On average, they anticipate the company's stock price to reach $29.33 in the next year. This suggests a possible upside of 42.7% 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 $22.83 at the start of the year. Since then, ADTN shares have decreased by 9.9% and is now trading at $20.56.
View the best growth stocks for 2022 here.

ADTRAN Holdings, Inc. (NASDAQ:ADTN) issued its quarterly earnings data on Wednesday, August, 3rd. The communications equipment provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.07. The communications equipment provider had revenue of $172.04 million for the quarter, compared to analyst estimates of $170 million. ADTRAN had a positive trailing twelve-month return on equity of 4.69% and a negative net margin of 2.20%. During the same period in the previous year, the firm earned $0.14 EPS.

ADTRAN declared a quarterly dividend on Friday, August 5th. Investors of record on Thursday, August 18th will be given a dividend of $0.09 per share on Thursday, September 1st. This represents a $0.36 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, August 17th.
Read our dividend analysis for ADTN.

ADTRAN (NASDAQ:ADTN) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.75%.
Read our dividend analysis for ADTN.

ADTRAN issued an update on its third quarter 2022 earnings guidance on Monday, September, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $320.00 million-$340.00 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).

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

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

One share of ADTN stock can currently be purchased for approximately $20.56.

ADTRAN (NASDAQ:ADTN) has a market capitalization of $1.01 billion and generates $563 million in revenue each year. The communications equipment provider earns $-8,640,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis.

The company employs 1,335 workers across the globe.

ADTRAN's mailing address is 901 Explorer Boulevard, HUNTSVILLE AL, 35806. The official website for the company is www.adtran.com. The communications equipment provider can be reached via phone at (256) 963-8300, via email at investor.relations@adtran.com, or via fax at 256-963-6300.