ADTRAN (ADTN) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last twelve months. 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.
View ADTN analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1-year target prices for ADTRAN's stock. Their ADTN share price targets range from $7.50 to $16.00. On average, they expect the company's share price to reach $10.50 in the next year. This suggests a possible upside of 123.9% 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 2024. Since then, ADTN stock has decreased by 36.1% and is now trading at $4.69.
View the best growth stocks for 2024 here.

ADTRAN saw a decline in short interest during the month of 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 presently 3.1 days.
View ADTRAN's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our ADTN earnings forecast.

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

ADTRAN announced a quarterly dividend on Sunday, August 6th. Stockholders of record on Monday, August 21st will be given a dividend of $0.09 per share on Tuesday, September 5th. This represents a $0.36 annualized dividend and a yield of 7.68%. 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 (EPS) 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.
Compare Top Brokerages Here.