AdtranADTN
ADTN
About: Adtran Holdings Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products that enable a digital future that supports the company's Subscriber, Access & Aggregation, and Optical Networking Solutions; and Services & Support Segment which includes network design, implementation, maintenance and cloud-hosted services supporting the company's Subscriber, Access & Aggregation, and Optical Networking Solutions.
Employees: 3,227
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
249% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $919K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
7% more capital invested
Capital invested by funds: $326M [Q2] → $350M (+$23.3M) [Q3]
3% less funds holding
Funds holding: 156 [Q2] → 152 (-4) [Q3]
3.89% less ownership
Funds ownership: 78.47% [Q2] → 74.57% (-3.89%) [Q3]
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
38% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 68
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
14%
upside
Avg. target
$10.50
20%
upside
High target
$11
25%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Rosenblatt Mike Genovese 58% 1-year accuracy 11 / 19 met price target | 14%upside $10 | Buy Upgraded | 8 Nov 2024 |
Needham Ryan Koontz 72% 1-year accuracy 57 / 79 met price target | 25%upside $11 | Buy Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 12 articles about ADTN published over the past 30 days
Positive
Zacks Investment Research
1 week ago
ADTRAN Enhances Belgium Rail's Network Infrastructure: Stock to Gain?
Infrabel has selected ADTN's solution to boost network capacity across its rail system in Belgium.
Neutral
Business Wire
1 week ago
Infrabel deploys Europe's first 64G Fibre Channel over WDM solution with Adtran's S-Flex™
BRUSSELS, Belgium--(BUSINESS WIRE)-- #5G--Adtran and Arcadiz today announced that Infrabel, Belgium's national railway infrastructure company, has deployed the FSP 3000 S-Flex™ to boost the capacity of its storage network. Providing native 64Gbit/s Fibre Channel (64GFC) transmission over WDM, the technology ensures reliable, scalable connectivity with significantly increased throughput for Belgium's critical railway operations. The new solution enables Infrabel to efficiently handle increasing data d.
Positive
Zacks Investment Research
1 week ago
ADTN and DELL Team Up to Boost AI Networking for U.S. Federal Agencies
ADTRAN launches scalable AI private cloud solutions to enhance AI networking for US federal agencies, in collaboration with Dell.
Neutral
Business Wire
1 week ago
Adtran launches scalable AI private cloud solutions for US federal agencies
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #5G--Adtran and Dell Technologies today announced a strategic collaboration to meet the growing AI networking needs of the US federal government. Adtran is providing a comprehensive range of optical, packet and software networking solutions, which are being integrated with Dell's AI-driven infrastructure to accelerate AI deployments for federal agencies. The DELL AI Network Cloud (AINC) Factory ON-RAMP, powered by Dell's AI Factory, offers a flexible platform for m.
Neutral
Business Wire
2 weeks ago
ADTRAN Holdings, Inc., to Meet with Investors at the Deutsches Eigenkapitalforum 2024
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #Adtran--ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), a leading provider of next-generation networking solutions announced today that Company representatives will meet with investors at the Deutsches Eigenkapitalforum 2024 in Frankfurt, Germany, November 25-26, 2024. ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN's business. What: Deutsches Eigenkapitalforum 2024 When: November 25-26, 2024 Wh.
Neutral
Business Wire
3 weeks ago
ADTRAN Holdings, Inc. to Meet with Investors at the 18th Annual Needham Virtual Security, Networking, & Communications Conference
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #Adtran--ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), announced today that Company representatives will meet with investors at the 18th Annual Needham Virtual Security, Networking, & Communications Conference on November 19, 2024. ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN's business. What: 18th Annual Needham Virtual Security, Networking, & Communications Conference When: Novembe.
Neutral
Seeking Alpha
3 weeks ago
ADTRAN Holdings, Inc. (ADTN) Q3 2024 Earnings Call Transcript
ADTRAN Holdings, Inc. (NASDAQ:ADTN ) Q3 2024 Earnings Conference Call November 7, 2024 10:30 AM ET Corporate Participants Tom Stanton - Chief Executive Officer Uli Dopfer - Chief Financial Officer Conference Call Participants George Notter - Jefferies Michael Genovese - Rosenblatt Securities Tim Savageaux - Northland Capital Markets Bill Dezellem - Teiton Capital Ryan Koontz - Needham & Company Operator Ladies and gentlemen, thank you for standing by and welcome to the ADTRAN Holdings Incorporated Third Quarter 2024 Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise.
Negative
Zacks Investment Research
3 weeks ago
ADTRAN Reports Wider-Than-Expected Q3 Loss on Lower Revenues
ADTN reports lackluster results in the third-quarter of 2024 due to soft demand trends in the Network Solutions business.
Negative
Zacks Investment Research
3 weeks ago
ADTRAN Holdings (ADTN) Reports Q3 Loss, Lags Revenue Estimates
ADTRAN Holdings (ADTN) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.14 per share a year ago.
Neutral
Business Wire
4 weeks ago
ADTRAN Holdings, Inc. Reports Preliminary Third Quarter 2024 Financial Results
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #Adtran--ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its preliminary unaudited financial results for the third quarter of 2024. Revenue: $227.7 million, up sequentially and above the mid-point of guidance. Gross margin: GAAP gross margin: 37.4%; Non-GAAP gross margin: 42.1%, a sequential increase of 134 and 17 basis points, respectively. Operating margin: GAAP operating margin negative 10.5% up sequentially; No.
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