ADTRAN (NASDAQ:ADTN) Receives Buy Rating from Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of ADTRAN (NASDAQ:ADTN) in a research note released on Thursday,Benzinga reports. Rosenblatt Securities currently has a $20.00 price objective on the communications equipment provider’s stock.

A number of other research firms also recently weighed in on ADTN. B. Riley Financial reissued a “buy” rating on shares of ADTRAN in a research note on Friday, May 1st. Needham & Company LLC reduced their price objective on shares of ADTRAN from $18.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday. Wall Street Zen raised shares of ADTRAN from a “buy” rating to a “strong-buy” rating in a report on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of ADTRAN in a research report on Tuesday, June 30th. Finally, Evercore assumed coverage on ADTRAN in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $18.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, ADTRAN presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.20.

ADTRAN Price Performance

Shares of ADTN stock opened at $10.15 on Thursday. The firm has a market cap of $826.72 million, a price-to-earnings ratio of -26.03 and a beta of 1.44. ADTRAN has a 12 month low of $7.11 and a 12 month high of $19.98. The company has a quick ratio of 1.18, a current ratio of 1.77 and a debt-to-equity ratio of 1.59. The stock has a 50-day moving average price of $14.40 and a 200 day moving average price of $12.76.

ADTRAN (NASDAQ:ADTN) last released its earnings results on Tuesday, May 5th. The communications equipment provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. The company had revenue of $286.09 million for the quarter, compared to the consensus estimate of $285.48 million. ADTRAN had a negative net margin of 3.18% and a positive return on equity of 10.94%. The company’s revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 EPS. Research analysts expect that ADTRAN will post 0.43 EPS for the current year.

Institutional Trading of ADTRAN

Institutional investors and hedge funds have recently modified their holdings of the stock. Quarry LP acquired a new stake in shares of ADTRAN in the 3rd quarter valued at approximately $36,000. Kestra Advisory Services LLC bought a new position in ADTRAN during the 4th quarter worth approximately $36,000. ST Germain D J Co. Inc. grew its holdings in ADTRAN by 100.0% during the fourth quarter. ST Germain D J Co. Inc. now owns 5,000 shares of the communications equipment provider’s stock valued at $43,000 after purchasing an additional 2,500 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in ADTRAN during the fourth quarter valued at approximately $47,000. Finally, Freestone Grove Partners LP bought a new stake in ADTRAN in the fourth quarter valued at approximately $87,000. 80.56% of the stock is owned by institutional investors.

Key Headlines Impacting ADTRAN

Here are the key news stories impacting ADTRAN this week:

• Positive Sentiment: ADTRAN announced a new senior secured credit facility led by JPMorgan that strengthens its capital structure, improves liquidity, lowers borrowing costs, and gives the company more financial flexibility. ADTRAN Strengthens Capital Structure with New Senior Secured Credit Facility
• Positive Sentiment: Rosenblatt Securities reaffirmed its buy rating on ADTN and maintained a $20 price target, implying substantial upside from current levels. Analyst rating reaffirmation
• Positive Sentiment: B. Riley also reiterated a buy rating, though it cut its target to $21 from $23, showing continued confidence despite a more cautious view. Analyst target update
• Neutral Sentiment: Analysts now expect a higher average target price for ADTRAN, suggesting Wall Street still sees meaningful recovery potential, even after the latest guidance reset. Consensus target price article
• Negative Sentiment: ADTRAN’s preliminary Q2 results and updated guidance came in below expectations, including weaker revenue and EPS outlooks, which is the main reason the stock is under pressure. Preliminary second quarter 2026 results
• Negative Sentiment: A law firm said it is investigating ADTRAN for potential securities law violations, adding another overhang for investors after the disappointing update. Investigation article

About ADTRAN

ADTRAN, Inc is a global provider of networking and communications equipment, specializing in broadband access solutions for service providers, enterprises and government organizations. Founded in 1985 and headquartered in Huntsville, Alabama, the company develops and delivers hardware and software platforms that enable high-speed Internet access over fiber, copper and wireless networks. Its core offerings include fiber access and aggregation equipment, Ethernet switches, customer premises equipment (CPE) and network management systems designed to support both legacy and next-generation broadband deployments.

The company’s product portfolio encompasses a broad range of optical line terminals (OLTs), optical network terminals (ONTs), multiservice access gateways and virtualized access solutions.