Optimum Communications, Inc. (OPTU)
| Market Cap | 293.28M -73.8% |
| Revenue (ttm) | 8.38B -4.4% |
| Net Income | -4.88B |
| EPS | -10.52 |
| Shares Out | 381.43M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,062,451 |
| Open | 0.7881 |
| Previous Close | 0.8045 |
| Day's Range | 0.7689 - 0.8512 |
| 52-Week Range | 0.5832 - 2.7900 |
| Beta | 1.22 |
| Analysts | Sell |
| Price Target | 1.08 (+40.46%) |
| Earnings Date | Aug 6, 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 12 analysts, the average rating for OPTU stock is "Sell." The 12-month stock price target is $1.08, which is an increase of 40.46% from the latest price.
News
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...
Optimum Communications surpasses 700,000 mobile lines
Optimum Communications (OPTU) has surpassed 700,000 mobile lines.”Surpassing 700,000 mobile lines is a reflection of the strong progress we are making as we continue to transform our business and stre...
Optimum Surpasses 700,000 Mobile Lines
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU), a leading provider of fiber internet, mobile, and TV services, today announces it has surpassed 700,000 mobile lines, marking a si...
US supreme court backs FCC in clash with wireless carriers over fines
Justices uphold FCC authority to impose in-house penalties, rejecting AT&T and Verizon jury trial claims
Optimum Communications upgraded to Neutral from Underperform at BNP Paribas
BNP Paribas upgraded Optimum Communications (OPTU) to Neutral from Underperform.
Optimum Communications launches effort to drive capital structure repositioning
Optimum Communications (OPTU) announced a series of transactions designed to protect and maximize stakeholder value and position the Company for anticipated discussions with an investor group holding ...
Optimum Subsidiary Announces Launch 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 Launches Effort to Drive a Consensual Repositioning of its Capital Structure
LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) (“Optimum” and, together with its subsidiaries, the “Company”) today announced a series of transactions designed to p...
Lightpath Expands its Dense NYC Metropolitan Fiber Infrastructure Network to Support Major National Wireless Service Providers Across more than 2,400 Macro Cell Tower Locations
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Lightpath , a 100% fiber infrastructure company operating 12,100 route miles of AI-grade networks across 11 U.S. metro markets, today announced a major netwo...
Optimum Communications downgraded to Sell from Neutral at Citi
Citi downgraded Optimum Communications (OPTU) to Sell from Neutral with a price target of 50c, down from $1.50. Citi sees further downside in the shares given the company’s increase in…
Orange: Extension of the exclusivity period granted by the Altice France group to Bouygues Telecom, the Free–iliad Group and Orange
Press release Paris, 15 May 2026 Extension of the exclusivity period granted by the Altice France group to Bouygues Telecom, the Free–iliad Group and Orange On 17 April, Bouygues Telecom, the Free–ili...
Extension of the exclusivity period granted by the Altice France group to Bouygues Telecom, the Free–iliad Group and Orange
Press release Paris, 15 May 2026 Extension of the exclusivity period granted by the Altice France group to Bouygues Telecom, the Free–iliad Group and Orange On 17 April, Bouygues Telecom, the Free–ili...