ADTRAN Holdings, Inc. (ADTN)
NASDAQ: ADTN · IEX Real-Time Price · USD
5.13
+0.01 (0.20%)
Jul 2, 2024, 4:00 PM EDT - Market closed
ADTRAN Holdings Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for ADTRAN Holdings stock have an average target of 7.75, with a low estimate of 7.50 and a high estimate of 8.00. The average target predicts an increase of 51.07% from the current stock price of 5.13.
Analyst Consensus: Buy
* Price targets were last updated on May 20, 2024.
Analyst Ratings
The average analyst rating for ADTN stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +55.95% | May 20, 2024 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +55.95% | May 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +55.95% | Apr 17, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $8 → $7.5 | Hold | Maintains | $8 → $7.5 | +46.20% | Feb 28, 2024 |
| Needham | Needham | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +55.95% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
1.73B
from 1.15B
Increased by 50.29%
Revenue Next Year
961.43M
from 1.73B
Decreased by -44.33%
EPS This Year
2.33
from -3.41
EPS Next Year
-0.07
from 2.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 999.8M | 1.1B | 1.5B |
| Avg | 961.4M | 1.1B | 1.5B |
| Low | 918.3M | 1.0B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.0% | 16.7% | 42.2% |
| Avg | -16.3% | 11.7% | 38.1% |
| Low | -20.1% | 5.7% | 32.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.02 | 0.44 |
| Avg | -0.07 | 0.34 |
| Low | -0.12 | 0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.