Optimum Communications, Inc. (OPTU)
| Market Cap | 364.88M -71.1% |
| Revenue (ttm) | 8.38B -4.4% |
| Net Income | -4.88B |
| EPS | -10.52 |
| Shares Out | 392.56M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,553,934 |
| Open | 0.9690 |
| Previous Close | 0.9868 |
| Day's Range | 0.9200 - 0.9864 |
| 52-Week Range | 0.5832 - 2.6900 |
| Beta | 1.17 |
| Analysts | Hold |
| Price Target | 1.05 (+12.96%) |
| Est. Earnings | Nov 5, 2026 |
About OPTU
Optimum Communications, Inc., together with its subsidiaries, provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands. It provides 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 video programming services. It also... [Read more]
Financial Performance
In 2025, Optimum Communications's revenue was $8.59 billion, a decrease of -4.06% compared to the previous year's $8.95 billion. Losses were -$1.87 billion, 1716.0% more than in 2024.
Financial StatementsAnalyst Summary
According to 13 analysts, the average rating for OPTU stock is "Hold." The 12-month stock price target is $1.05, which is an increase of 12.96% from the latest price.
News
Optimum appoints Adriana Rios Welton as general counsel, CCRO
Optimum Communications (OPTU) announced the appointment of Adriana Rios Welton as General Counsel and Chief Corporate Responsibility Officer. She will lead the company’s Legal team as well as Governme...
Optimum Appoints Adriana Rios Welton as General Counsel and Chief Corporate Responsibility Officer
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today announced the appointment of Adriana Rios Welton as General Counsel and Chief Corporate Responsibility Officer, effective imm...
Creditors Sue Optimum, Founder Patrick Drahi Over Alleged Fraudulent Transfers
Lenders allege the telecom titan and certain managers improperly shifted billions of dollars of assets into a new entity as the company buckles under $21 billion in debt.
Optimum Communications, A+E Global Media expand multiyear agreement
Optimum Communications (OPTU) and A+E Global Media announced an expanded, multi-year distribution agreement that enables Optimum TV customers across the company’s 21-state footprint to continue enjoyi...
Optimum Communications, T-Mobile enter expanded, multiyear agreement
Optimum Communications (OPTU) announced an expanded, multi-year agreement with T-Mobile (TMUS) that will bring customers access to more advanced 5G capabilities, expanded device compatibility and enha...
Optimum Expands T-Mobile Relationship to Bring Customers Advanced 5G Connectivity and New Mobile Capabilities
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today announced an expanded, multi-year agreement with T-Mobile that will bring customers access to more advanced 5G capabilities, ...
Optimum Communications invests $6M to strengthen network in Lubbock, Texas
Optimum announced the completion of a $6M investment to strengthen its network in Lubbock. As part of this investment, Optimum built an approximately 100-mile fiber ring that powers its local…
Charter, Optimum expand collaboration for local new access, ad solutions
Spectrum (CHTR) and Optimum (OPTU) announced a new strategic agreement that expands access to trusted local news for television customers while strengthening advertising capabilities across key market...
Optimum Receives Notice From NYSE Regarding Continued Listing Standard
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today announced that on August 13, 2026, it received a notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) indicati...
SPECTRUM AND OPTIMUM EXPAND STRATEGIC COLLABORATION TO ENHANCE LOCAL NEWS ACCESS AND ADVERTISING SOLUTIONS
Agreement Restores Spectrum News NY1 and News 12 in New York Market, Brings Spectrum News to Optimum TV Customers in Texas and North Carolina, and Expands Advertising Capabilities Through Spectrum Rea...
Lightpath Enters the Atlanta Market with High-Capacity Managed Bandwidth Services
NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Lightpath , a 100% fiber infrastructure company operating 12,100 route miles of AI-grade networks across 10 U.S. metro markets, today announced its entry in...
Optimum Communications Earnings Call Transcript: Q2 2026
Q2 2026 saw revenue of $2B and adjusted EBITDA of $786M, with gross margin at a record 71%. Broadband net losses improved, mobile lines grew 33% year-over-year, and operational efficiencies drove margin expansion. The company continues to focus on cost discipline, network investment, and debt restructuring.
Optimum Communications Slides: Q2 2026
Optimum Communications has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Optimum Communications Earnings release: Q2 2026
Optimum Communications released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Optimum Communications Quarterly report: Q2 2026
Optimum Communications has published its Q2 2026 quarterly earnings report on August 6, 2026.
Optimum Communications reports Q2 EPS (67c), consensus (15c)
Reports Q2 revenue $2.02B, consensus $2.04B. Dennis Mathew, Optimum Chairman and Chief Executive Officer, said: “Our second quarter results reflect disciplined execution across every part of our busin...
Optimum Reports Second Quarter 2026 Results
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today reports results for the second quarter ended June 30, 2026. Dennis Mathew, Optimum Chairman and Chief Executive Officer, said...
Lightpath IP Backbone Traffic Grows 32% as Enterprises Adopt AI
NEW YORK, July 30, 2026 (GLOBE NEWSWIRE) -- Lightpath , an all-fiber, infrastructure-based connectivity provider, today reported that IP traffic across its network has grown at an annualized rate of 3...
Optimum to Hold Conference Call to Discuss Q2 2026 Results
NEW YORK--(BUSINESS WIRE)--Optimum Communications (NYSE: OPTU) will host a conference call on Thursday, August 6, 2026, at 8:30 a.m. ET to discuss financial and operating results for the second quarte...
Patrick Drahi's Altice International Accused of Debt Default
Lenders holding about $9 billion in bonds claim Patrick Drahi's telecom empire stripped away collateral through intercompany deals, sources said.
Lightpath Secures Second Infrastructure Tenant on Its Eastern Pennsylvania AI-grade Fiber Infrastructure Build
Lightpath secured a second infrastructure tenant on its previously announced 100% underground multi-conduit system fiber build in Eastern Pennsylvania.
Lightpath to Deliver AI-Grade Fiber Infrastructure to Two New Hyperscale Data Center Campuses
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Lightpath today announced new fiber builds to support two hyperscale data center campuses now under construction, extending its AI-grade network to meet sur...
Optimum Subsidiary Announces Final Results of Tender Offer for Shares of Optimum's Class A Common Stock
NEW YORK--(BUSINESS WIRE)--CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”) and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), t...
Optimum Subsidiary Announces Preliminary Results of Tender Offer for Shares of Optimum's Class A Common Stock
NEW YORK--(BUSINESS WIRE)--CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”), and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), ...
Lightpath Monetizes Digital Services and Powers AI-Driven Innovation with Oracle
Digital infrastructure and connectivity provider leverages Oracle Communications solutions and Oracle Fusion Cloud Applications to automate key business processes and improve time to market with new c...