ADTRAN (NASDAQ:ADTN) Given New $14.00 Price Target at Needham & Company LLC

ADTRAN (NASDAQ:ADTN) had its target price decreased by Needham & Company LLC from $18.00 to $14.00 in a research report released on Thursday morning, MarketBeat reports. Needham & Company LLC currently has a buy rating on the communications equipment provider’s stock.

A number of other equities research analysts also recently issued reports on ADTN. Wall Street Zen upgraded shares of ADTRAN from a “buy” rating to a “strong-buy” rating in a research note on Monday. B. Riley Financial restated a “buy” rating on shares of ADTRAN in a research report on Friday, May 1st. Rosenblatt Securities upped their price target on shares of ADTRAN from $16.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of ADTRAN in a research report on Tuesday, June 30th. Finally, Northland Securities set a $18.00 price objective on shares of ADTRAN in a research note on Wednesday, May 6th. Four equities research 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $18.20.

ADTRAN Stock Performance

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

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, topping the consensus estimate of $0.09 by $0.05. The company had revenue of $286.09 million for the quarter, compared to analyst estimates of $285.48 million. ADTRAN had a positive return on equity of 10.94% and a negative net margin of 3.18%.ADTRAN’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.03 EPS. As a group, equities analysts anticipate that ADTRAN will post 0.43 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ADTN. Franklin Resources Inc. lifted its holdings in shares of ADTRAN by 1.6% in the 4th quarter. Franklin Resources Inc. now owns 79,692 shares of the communications equipment provider’s stock worth $693,000 after purchasing an additional 1,263 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in ADTRAN by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,767 shares of the communications equipment provider’s stock valued at $408,000 after purchasing an additional 1,946 shares in the last quarter. Occudo Quantitative Strategies LP raised its holdings in ADTRAN by 3.2% during the third quarter. Occudo Quantitative Strategies LP now owns 65,702 shares of the communications equipment provider’s stock worth $616,000 after buying an additional 2,016 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in ADTRAN by 1.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 187,814 shares of the communications equipment provider’s stock worth $1,632,000 after buying an additional 2,068 shares during the last quarter. Finally, ST Germain D J Co. Inc. lifted its stake in shares of ADTRAN by 100.0% in 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 buying an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Trending Headlines about 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

ADTRAN Company Profile

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.