Zacks Research Comments on Altice USA, Inc.’s FY2026 Earnings (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUS) – Investment analysts at Zacks Research reduced their FY2026 earnings per share estimates for shares of Altice USA in a report released on Monday, April 15th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.14 for the year, down from their prior estimate of $0.16. The consensus estimate for Altice USA’s current full-year earnings is $0.22 per share.

Altice USA (NYSE:ATUS) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.33). Altice USA had a net margin of 0.58% and a negative return on equity of 12.81%. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same period last year, the business earned ($0.43) earnings per share. The company’s quarterly revenue was down 2.9% on a year-over-year basis.

Several other research firms have also recently weighed in on ATUS. Benchmark reissued a “buy” rating and set a $5.00 price objective on shares of Altice USA in a report on Wednesday, March 20th. BNP Paribas cut Altice USA from a “neutral” rating to an “underperform” rating and set a $1.00 price target on the stock. in a report on Tuesday, April 9th. Wells Fargo & Company downgraded Altice USA from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $2.00 to $1.00 in a research note on Friday, April 5th. Evercore ISI reiterated an “in-line” rating and set a $3.00 price objective on shares of Altice USA in a research report on Tuesday, March 26th. Finally, UBS Group lowered their target price on Altice USA from $6.00 to $4.00 and set a “buy” rating on the stock in a report on Thursday, February 15th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $2.90.

Altice USA Stock Performance

ATUS opened at $1.95 on Tuesday. The company’s 50-day simple moving average is $2.44 and its two-hundred day simple moving average is $2.55. The stock has a market capitalization of $887.15 million, a P/E ratio of 16.21 and a beta of 1.35. Altice USA has a 52-week low of $1.75 and a 52-week high of $3.82.

Institutional Trading of Altice USA

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nomura Holdings Inc. increased its stake in shares of Altice USA by 343.0% in the fourth quarter. Nomura Holdings Inc. now owns 306,009 shares of the company’s stock worth $995,000 after purchasing an additional 236,933 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in Altice USA in the 4th quarter worth $47,000. Readystate Asset Management LP raised its holdings in Altice USA by 236.7% during the fourth quarter. Readystate Asset Management LP now owns 446,626 shares of the company’s stock valued at $1,452,000 after acquiring an additional 313,970 shares during the period. Legal & General Group Plc raised its holdings in Altice USA by 2.8% during the fourth quarter. Legal & General Group Plc now owns 320,507 shares of the company’s stock valued at $1,042,000 after acquiring an additional 8,627 shares during the period. Finally, Barclays PLC lifted its position in shares of Altice USA by 442.4% in the fourth quarter. Barclays PLC now owns 436,188 shares of the company’s stock valued at $1,417,000 after acquiring an additional 355,763 shares in the last quarter. Hedge funds and other institutional investors own 54.85% of the company’s stock.

About Altice USA

Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.