ADTRAN Holdings, Inc. (ADTN)
NASDAQ: ADTN · IEX Real-Time Price · USD
4.430
-0.140 (-3.06%)
At close: Apr 26, 2024, 4:00 PM
4.500
+0.070 (1.58%)
After-hours: Apr 26, 2024, 5:48 PM EDT
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 74.94% from the current stock price of 4.43.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +80.59% | Apr 17, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $8 → $7.5 | Hold | Maintains | $8 → $7.5 | +69.30% | Feb 28, 2024 |
| Needham | Needham | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +80.59% | Feb 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +103.16% | Jan 17, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +80.59% | Dec 15, 2023 |
Financial Forecast
Revenue This Year
1.57B
from 1.03B
Increased by 53.38%
Revenue Next Year
1.18B
from 1.57B
Decreased by -25.24%
EPS This Year
1.23
from -0.03
EPS Next Year
-0.33
from 1.23
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.2B | 1.1B | 1.2B |
| Avg | 1.2B | 1.0B | 1.1B |
| Low | 1.1B | 962.4M | 1.1B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 19.1% | -7.3% | 20.2% |
| Avg | 14.7% | -13.4% | 12.6% |
| Low | 9.8% | -18.2% | 3.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -0.26 | 0.17 | 0.55 |
| Avg | -0.33 | 0.02 | 0.39 |
| Low | -0.41 | -0.20 | 0.25 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | - | 2,873.9% |
| Avg | - | - | 2,011.1% |
| Low | - | - | 1,234.4% |
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.