ADTRAN Holdings, Inc. (ADTN)
NASDAQ: ADTN · IEX Real-Time Price · USD
7.34
-0.06 (-0.81%)
At close: Dec 29, 2023, 4:00 PM
7.28
-0.06 (-0.82%)
After-hours: Dec 29, 2023, 7:08 PM EST
ADTRAN Holdings Stock Forecast
Stock Price Forecast
According to 5 stock analysts, the average 12-month stock price forecast for ADTN stock stock is $15.4, which predicts an increase of 109.81%. The lowest target is $8.00 and the highest is $31. On average, analysts rate ADTN stock stock as a buy.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ADTN stock from 6 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 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 1 | 1 | 1 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +8.99% | Dec 15, 2023 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 20, 2023 |
| Needham | Needham | Strong Buy Maintains $12 → $9 | Strong Buy | Maintains | $12 → $9 | +22.62% | Nov 8, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy → Hold Downgrades $11 → $7 | Strong Buy → Hold | Downgrades | $11 → $7 | -4.63% | Nov 7, 2023 |
| Needham | Needham | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +63.49% | Aug 11, 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 -25.30%
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 | 1.2B |
| Low | 1.1B | 962.4M | 1.1B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 19.1% | -5.5% | 17.3% |
| Avg | 14.6% | -11.2% | 13.5% |
| Low | 9.8% | -18.1% | 8.7% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -0.26 | 0.34 | 0.53 |
| Avg | -0.33 | 0.12 | 0.46 |
| Low | -0.41 | -0.09 | 0.39 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | - | 328.9% |
| Avg | - | - | 275.0% |
| Low | - | - | 220.3% |
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.