ADTRAN - ADTN Stock Forecast, Price & News

6 Wall Street equities 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 equities research analysts is that investors should "buy" ADTN shares.
View ADTN analyst ratings or view top-rated stocks.

6 brokers have issued 12 month price objectives for ADTRAN's shares. Their ADTN share price forecasts range from $24.00 to $34.00. On average, they anticipate the company's share price to reach $28.67 in the next twelve months. This suggests a possible upside of 80.7% 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 $18.79 at the beginning of 2023. Since then, ADTN shares have decreased by 15.6% and is now trading at $15.86.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our ADTN earnings forecast.

ADTRAN Holdings, Inc. (NASDAQ:ADTN) released its quarterly earnings results on Monday, November, 1st. The communications equipment provider reported ($0.02) EPS for the quarter, hitting analysts' consensus estimates of ($0.02). The communications equipment provider had revenue of $138.08 million for the quarter, compared to analyst estimates of $138 million. ADTRAN had a negative net margin of 0.20% and a positive trailing twelve-month return on equity of 1.81%. During the same period in the prior year, the company posted $0.14 earnings per share.

ADTRAN announced a quarterly dividend on Tuesday, February 21st. Investors of record on Tuesday, March 7th will be given a dividend of $0.09 per share on Tuesday, March 21st. This represents a $0.36 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Monday, March 6th.
Read our dividend analysis for ADTN.

ETFs with the largest weight of ADTRAN (NASDAQ:ADTN) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), SPDR S&P Telecom ETF (XTL), iShares Cybersecurity and Tech ETF (IHAK), Invesco S&P SmallCap Information Technology ETF (PSCT), Defiance Next Gen Connectivity ETF (FIVG), First Trust Small Cap Growth AlphaDEX Fund (FYC), Small Cap US Equity Select ETF (RNSC) and Invesco DWA SmallCap Momentum ETF (DWAS).

ADTRAN (NASDAQ:ADTN) pays an annual dividend of $0.36 per share and currently has a dividend yield of 2.30%.
Read our dividend analysis for ADTN.

ADTRAN issued an update on its first quarter 2023 earnings guidance on Tuesday, February, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $355.00 million-$375.00 million, compared to the consensus revenue estimate of $365.07 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.
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One share of ADTN stock can currently be purchased for approximately $15.86.

ADTRAN (NASDAQ:ADTN) has a market capitalization of $1.25 billion and generates $1.03 billion in revenue each year. The communications equipment provider earns $-2,040,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis.

The company employs 3,307 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.