Northland Securities Forecasts Lower Earnings for ADTRAN

ADTRAN Holdings, Inc. (NASDAQ:ADTN) – Analysts at Northland Securities dropped their Q3 2026 EPS estimates for shares of ADTRAN in a report released on Wednesday, August 5th. Northland Securities analyst T. Savageaux now expects that the communications equipment provider will post earnings per share of $0.00 for the quarter, down from their prior estimate of $0.13. The consensus estimate for ADTRAN’s current full-year earnings is $0.23 per share. Northland Securities also issued estimates for ADTRAN’s Q4 2026 earnings at $0.02 EPS, FY2026 earnings at $0.14 EPS and FY2027 earnings at $0.39 EPS.

ADTRAN (NASDAQ:ADTN) last released its quarterly earnings data on Tuesday, August 4th. The communications equipment provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.06). The firm had revenue of $281.15 million for the quarter, compared to analysts’ expectations of $290.19 million. ADTRAN had a positive return on equity of 14.24% and a negative net margin of 2.29%.The firm’s quarterly revenue was up 6.0% on a year-over-year basis.

ADTN has been the subject of several other research reports. Needham & Company LLC cut their price target on ADTRAN from $18.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Evercore set a $11.00 price objective on shares of ADTRAN in a research note on Wednesday, August 5th. Zacks Research downgraded shares of ADTRAN from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Weiss Ratings restated a “sell (d-)” rating on shares of ADTRAN in a research note on Tuesday, June 30th. Finally, Wall Street Zen downgraded shares of ADTRAN from a “buy” rating to a “hold” rating in a report on Saturday. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $14.67.

ADTRAN Stock Up 1.7%

Shares of NASDAQ ADTN opened at $7.76 on Wednesday. The stock has a market cap of $632.28 million, a PE ratio of -27.71 and a beta of 1.47. ADTRAN has a 52-week low of $7.11 and a 52-week high of $19.98. The business has a 50-day moving average price of $12.38 and a 200 day moving average price of $12.71. The company has a quick ratio of 1.19, a current ratio of 1.79 and a debt-to-equity ratio of 1.69.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Persistent Asset Partners Ltd purchased a new stake in shares of ADTRAN during the 2nd quarter worth $28,000. Quarry LP purchased a new position in shares of ADTRAN in the 3rd quarter valued at about $36,000. Kestra Advisory Services LLC purchased a new position in shares of ADTRAN in the 4th quarter valued at about $36,000. ST Germain D J Co. Inc. lifted its stake in shares of ADTRAN by 100.0% in the fourth quarter. ST Germain D J Co. Inc. now owns 5,000 shares of the communications equipment provider’s stock valued at $43,000 after purchasing an additional 2,500 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in ADTRAN during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

About ADTRAN

ADTRAN, Inc is a global provider of networking and communications equipment, specializing in broadband access solutions for service providers, enterprises and government organizations. Founded in 1985 and headquartered in Huntsville, Alabama, the company develops and delivers hardware and software platforms that enable high-speed Internet access over fiber, copper and wireless networks. Its core offerings include fiber access and aggregation equipment, Ethernet switches, customer premises equipment (CPE) and network management systems designed to support both legacy and next-generation broadband deployments.

The company’s product portfolio encompasses a broad range of optical line terminals (OLTs), optical network terminals (ONTs), multiservice access gateways and virtualized access solutions.