ADTN stock icon

Adtran
ADTN

$6.48
5.71%

Market Cap: 513M

 

About: Adtran Holdings Inc formerly Adtran 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, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.

Employees: 3,227

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

17% more call options, than puts

Call options by funds: $988K | Put options by funds: $843K

1.05% more ownership

Funds ownership: 79.94% [Q4 2023] → 80.99% (+1.05%) [Q1 2024]

0% more funds holding

Funds holding: 169 [Q4 2023] → 169 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 25

15% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 67

25% less capital invested

Capital invested by funds: $462M [Q4 2023] → $347M (-$115M) [Q1 2024]

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$7.50
16%
upside
Avg. target
$7.90
22%
upside
High target
$8
23%
upside

5 analyst ratings

positive
80%
neutral
20%
negative
0%
Needham
Ryan Koontz
23%upside
$8
Buy
Reiterated
20 May 2024
Needham
Ryan Koontz
23%upside
$8
Buy
Reiterated
8 May 2024
Needham
Ryan Koontz
23%upside
$8
Buy
Reiterated
17 Apr 2024
Rosenblatt
Mike Genovese
16%upside
$7.5
Neutral
Maintained
28 Feb 2024
Needham
Ryan Koontz
23%upside
$8
Buy
Maintained
28 Feb 2024

Financial journalist opinion

Based on 3 articles about ADTN published over the past 30 days