ADTRAN Holdings, Inc. (NASDAQ:ADTN) Receives $18.00 Consensus PT from Analysts

Shares of ADTRAN Holdings, Inc. (NASDAQ:ADTN) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $18.20.

ADTN has been the subject of a number of analyst reports. Evercore assumed coverage on ADTRAN in a research report on Tuesday, April 14th. They set an “outperform” rating and a $18.00 price objective for the company. B. Riley Financial reiterated a “buy” rating and issued a $21.00 target price (down from $23.00) on shares of ADTRAN in a research note on Thursday. Needham & Company LLC reduced their price target on shares of ADTRAN from $18.00 to $14.00 and set a “buy” rating for the company in a report on Thursday. Northland Securities set a $18.00 price target on shares of ADTRAN in a research report on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of ADTRAN from a “buy” rating to a “strong-buy” rating in a research note on Monday.

ADTRAN Stock Performance

Shares of NASDAQ ADTN opened at $10.15 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.77 and a debt-to-equity ratio of 1.59. The firm’s 50-day moving average price is $14.40 and its two-hundred day moving average price is $12.76. ADTRAN has a 52-week low of $7.11 and a 52-week high of $19.98. The stock has a market capitalization of $826.72 million, a P/E ratio of -26.03 and a beta of 1.44.

ADTRAN (NASDAQ:ADTN) last posted its earnings results on Tuesday, May 5th. The communications equipment provider reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $286.09 million during the quarter, compared to analyst estimates of $285.48 million. ADTRAN had a positive return on equity of 10.94% and a negative net margin of 3.18%.The business’s revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.03 earnings per share. As a group, sell-side analysts forecast that ADTRAN will post 0.43 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ADTN. AQR Capital Management LLC boosted its stake in ADTRAN by 253.7% during the 1st quarter. AQR Capital Management LLC now owns 348,478 shares of the communications equipment provider’s stock valued at $3,039,000 after purchasing an additional 249,954 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of ADTRAN by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,767 shares of the communications equipment provider’s stock valued at $408,000 after purchasing an additional 1,946 shares during the period. Legal & General Group Plc raised its stake in shares of ADTRAN by 13.9% in the 2nd quarter. Legal & General Group Plc now owns 113,480 shares of the communications equipment provider’s stock worth $1,018,000 after buying an additional 13,821 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of ADTRAN by 11.2% in the second quarter. American Century Companies Inc. now owns 224,015 shares of the communications equipment provider’s stock valued at $2,009,000 after buying an additional 22,524 shares during the period. Finally, Russell Investments Group Ltd. lifted its holdings in shares of ADTRAN by 17.6% in the second quarter. Russell Investments Group Ltd. now owns 88,384 shares of the communications equipment provider’s stock valued at $793,000 after buying an additional 13,222 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

ADTRAN News Roundup

Here are the key news stories impacting ADTRAN this week:

• Positive Sentiment: ADTRAN announced a new senior secured credit facility led by JPMorgan that strengthens its capital structure, improves liquidity, lowers borrowing costs, and gives the company more financial flexibility. ADTRAN Strengthens Capital Structure with New Senior Secured Credit Facility
• Positive Sentiment: Rosenblatt Securities reaffirmed its buy rating on ADTN and maintained a $20 price target, implying substantial upside from current levels. Analyst rating reaffirmation
• Positive Sentiment: B. Riley also reiterated a buy rating, though it cut its target to $21 from $23, showing continued confidence despite a more cautious view. Analyst target update
• Neutral Sentiment: Analysts now expect a higher average target price for ADTRAN, suggesting Wall Street still sees meaningful recovery potential, even after the latest guidance reset. Consensus target price article
• Negative Sentiment: ADTRAN’s preliminary Q2 results and updated guidance came in below expectations, including weaker revenue and EPS outlooks, which is the main reason the stock is under pressure. Preliminary second quarter 2026 results
• Negative Sentiment: A law firm said it is investigating ADTRAN for potential securities law violations, adding another overhang for investors after the disappointing update. Investigation article

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.