ADTRAN (ADTN) Stock Forecast, Price Target & Predictions
ADTN Stock Forecast
ADTRAN stock forecast is as follows: an average price target of $10.00 (represents a 22.10% upside from ADTN’s last price of $8.19) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
ADTN Price Target
The average price target for ADTRAN (ADTN) is $10.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 22.10% upside from ADTN's last price of $8.19.
ADTN Analyst Ratings
According to 12 Wall Street analysts, ADTRAN's rating consensus is 'Buy'. The analyst rating breakdown for ADTN stock is 0 'Strong Buy' (0.00%), 8 'Buy' (66.67%), 4 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ADTRAN Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 08, 2024 | Mike Genovese | Rosenblatt Securities | $10.00 | $8.12 | 23.15% | 22.10% |
| Aug 21, 2024 | Mike Genovese | Rosenblatt Securities | $6.00 | $5.36 | 11.94% | -26.74% |
| Nov 13, 2023 | Tim Savageaux | Northland Securities | $13.00 | $5.33 | 144.13% | 58.73% |
| Jun 12, 2023 | Mike Genovese | Rosenblatt Securities | $12.00 | $9.73 | 23.33% | 46.52% |
| Oct 25, 2022 | Ryan Koontz | Needham | $28.00 | $21.73 | 28.85% | 241.88% |
The latest ADTRAN stock forecast, released on Nov 08, 2024 by Mike Genovese from Rosenblatt Securities, set a price target of $10.00, which represents a 23.15% increase from the stock price at the time of the forecast ($8.12), and a 22.10% increase from ADTN last price ($8.19).
ADTRAN Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $10.00 | $8.00 |
| Last Closing Price | $8.19 | $8.19 | $8.19 |
| Upside/Downside | -100.00% | 22.10% | -2.32% |
In the current month, the average price target of ADTRAN stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ADTRAN's last price of $8.19. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 21, 2024 | Rosenblatt Securities | Neutral | Neutral | Hold |
| May 08, 2024 | Needham | Buy | Buy | Hold |
| Feb 28, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Jan 17, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Dec 29, 2023 | Citigroup | Buy | Buy | Hold |
| Sep 29, 2023 | BNP Paribas | Buy | Buy | Hold |
| Aug 14, 2023 | Argus Research | Buy | Buy | Hold |
| Jun 12, 2023 | Morgan Stanley | Overweight | Upgrade | |
| Jun 12, 2023 | Redburn Partners | Buy | Initialise | |
| Apr 27, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Oct 25, 2022 | Needham | Buy | Buy | Hold |
| Sep 26, 2022 | Jefferies | Hold | Downgrade | |
| Sep 26, 2022 | UBS | Neutral | Downgrade | |
| Sep 26, 2022 | SMBC Nikko | Neutral | Downgrade | |
| Sep 26, 2022 | Loop Capital Markets | Hold | Buy | Upgrade |
| Feb 23, 2022 | Loop Capital Markets | Hold | Initialise |
ADTRAN's last stock rating was published by Rosenblatt Securities on Aug 21, 2024. The company gave ADTN a "Neutral" rating, the same as its previous rate.
ADTRAN Financial Forecast
ADTRAN Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $225.48M | $272.33M | $327.38M | $323.91M | $358.27M | $340.71M | $172.04M | $154.52M | $154.16M | $138.08M | $143.23M | $127.53M | $130.13M | $133.14M | $128.72M | $114.52M | $115.79M | $114.09M |
| Avg Forecast | $282.39M | $278.25M | $273.65M | $260.15M | $269.68M | $262.02M | $251.75M | $234.70M | $237.22M | $226.92M | $225.85M | $224.03M | $229.13M | $288.18M | $330.33M | $343.79M | $367.16M | $330.39M | $170.77M | $154.48M | $141.27M | $142.57M | $141.82M | $126.34M | $127.77M | $132.86M | $127.92M | $113.64M | $112.53M | $113.97M |
| High Forecast | $290.44M | $286.18M | $281.45M | $267.56M | $277.36M | $269.49M | $258.92M | $241.76M | $240.28M | $226.92M | $232.29M | $230.41M | $236.17M | $288.18M | $339.75M | $353.59M | $377.62M | $330.39M | $170.77M | $154.48M | $141.27M | $142.57M | $141.82M | $126.34M | $127.77M | $132.86M | $127.92M | $113.64M | $112.53M | $113.97M |
| Low Forecast | $276.59M | $272.54M | $268.03M | $254.81M | $264.14M | $256.64M | $246.58M | $227.64M | $234.17M | $226.92M | $221.21M | $219.42M | $222.08M | $288.18M | $323.55M | $336.73M | $359.62M | $330.39M | $170.77M | $154.48M | $141.27M | $142.57M | $141.82M | $126.34M | $127.77M | $132.86M | $127.92M | $113.64M | $112.53M | $113.97M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.95% | 0.99% | 0.94% | 0.98% | 1.03% | 1.01% | 1.00% | 1.09% | 0.97% | 1.01% | 1.01% | 1.02% | 1.00% | 1.01% | 1.01% | 1.03% | 1.00% |
ADTRAN's average Quarter revenue forecast for Mar 24 based on 1 analysts is $224.03M, with a low forecast of $219.42M, and a high forecast of $230.41M. ADTN's average Quarter revenue forecast represents a -0.64% decrease compared to the company's last Quarter revenue of $225.48M (Dec 23).
ADTRAN EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-4.09M | $-51.42M | $-7.71M | $-16.33M | $13.28M | $-660.00K | $9.03M | $3.57M | $-1.47M | $-5.12M | $10.33M | $6.07M | $3.77M | $10.16M | $6.43M | $-9.97M | $-6.27M | $-13.88M |
| Avg Forecast | $-3.05M | $-3.01M | $-2.96M | $-2.81M | $-2.92M | $-2.83M | $-2.72M | $-2.54M | $-2.57M | $-2.45M | $-2.44M | $288.80K | $-2.48M | $-3.12M | $-3.57M | $262.55K | $-10.21M | $467.13K | $241.44K | $280.80K | $199.74K | $201.58K | $200.52K | $7.59M | $180.65K | $187.85K | $180.86K | $-13.46M | $159.11K | $161.13K |
| High Forecast | $-2.99M | $-2.95M | $-2.90M | $-2.76M | $-2.86M | $-2.78M | $-2.67M | $-2.46M | $-2.53M | $-2.45M | $-2.39M | $346.56K | $-2.40M | $-3.12M | $-3.50M | $315.06K | $-8.17M | $467.13K | $241.44K | $336.96K | $199.74K | $201.58K | $200.52K | $9.11M | $180.65K | $187.85K | $180.86K | $-10.77M | $159.11K | $161.13K |
| Low Forecast | $-3.14M | $-3.10M | $-3.04M | $-2.89M | $-3.00M | $-2.92M | $-2.80M | $-2.62M | $-2.60M | $-2.45M | $-2.51M | $231.04K | $-2.55M | $-3.12M | $-3.68M | $210.04K | $-12.25M | $467.13K | $241.44K | $224.64K | $199.74K | $201.58K | $200.52K | $6.07M | $180.65K | $187.85K | $180.86K | $-16.15M | $159.11K | $161.13K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.65% | 16.50% | 2.16% | -62.19% | -1.30% | -1.41% | 37.40% | 12.72% | -7.37% | -25.37% | 51.51% | 0.80% | 20.85% | 54.11% | 35.53% | 0.74% | -39.41% | -86.11% |
1 analysts predict ADTN's average Quarter EBITDA for Mar 23 to be $262.55K, with a high of $315.06K and a low of $210.04K. This is -98.02% lower than ADTRAN's previous annual EBITDA (Dec 22) of $13.28M.
ADTRAN Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-109.94M | $-72.73M | $-33.33M | $-40.45M | $38.88M | $-44.86M | $2.14M | $-1.13M | $-4.19M | $-10.43M | $5.09M | $896.00K | $6.11M | $5.48M | $752.00K | $-9.97M | $-11.62M | $-46.12M |
| Avg Forecast | $10.93M | $9.47M | $8.29M | $6.32M | $9.28M | $6.51M | $3.55M | $-1.97M | $-2.17M | $-3.34M | $-7.11M | $-2.09M | $-6.98M | $-7.11M | $263.15K | $-1.90M | $-29.04M | $14.46M | $8.54M | $-2.03M | $-3.35M | $3.47M | $9.78M | $1.12M | $5.20M | $6.44M | $525.71K | $-13.46M | $-9.46M | $-3.63M |
| High Forecast | $11.33M | $9.83M | $8.60M | $6.55M | $9.62M | $6.75M | $3.68M | $-1.92M | $-2.11M | $-3.25M | $-6.92M | $-1.67M | $-6.67M | $-6.92M | $272.89K | $-1.52M | $-23.23M | $14.46M | $8.54M | $-1.62M | $-3.35M | $3.47M | $9.78M | $1.34M | $5.20M | $6.44M | $525.71K | $-10.77M | $-9.46M | $-3.63M |
| Low Forecast | $10.64M | $9.22M | $8.07M | $6.15M | $9.03M | $6.34M | $3.46M | $-2.05M | $-2.25M | $-3.46M | $-7.37M | $-2.50M | $-7.30M | $-7.37M | $256.12K | $-2.28M | $-34.84M | $14.46M | $8.54M | $-2.43M | $-3.35M | $3.47M | $9.78M | $896.00K | $5.20M | $6.44M | $525.71K | $-16.15M | $-9.46M | $-3.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 15.74% | 10.24% | -126.67% | 21.33% | -1.34% | -3.10% | 0.25% | 0.56% | 1.25% | -3.01% | 0.52% | 0.80% | 1.17% | 0.85% | 1.43% | 0.74% | 1.23% | 12.72% |
ADTRAN's average Quarter net income forecast for Mar 23 is $-1.90M, with a range of $-2.28M to $-1.52M. ADTN's average Quarter net income forecast represents a -104.88% decrease compared to the company's last Quarter net income of $38.88M (Dec 22).
ADTRAN SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $52.96M | $62.91M | $66.58M | $67.40M | $78.24M | $74.88M | $27.87M | $27.89M | $35.14M | $30.97M | $30.87M | $27.43M | $29.35M | $27.20M | $30.80M | $26.62M | $30.63M | $30.91M |
| Avg Forecast | $62.54M | $61.62M | $60.60M | $57.61M | $59.72M | $58.03M | $55.75M | $51.97M | $52.53M | $50.25M | $50.01M | $51.64M | $50.74M | $63.82M | $73.15M | $46.94M | $243.53M | $73.04M | $37.75M | $50.21M | $31.23M | $31.52M | $31.35M | $34.29M | $28.25M | $29.37M | $28.28M | $35.94M | $24.88M | $25.20M |
| High Forecast | $64.32M | $63.37M | $62.33M | $59.25M | $61.42M | $59.68M | $57.34M | $53.54M | $53.21M | $50.25M | $51.44M | $61.97M | $52.30M | $63.82M | $75.24M | $56.33M | $292.23M | $73.04M | $37.75M | $60.25M | $31.23M | $31.52M | $31.35M | $41.15M | $28.25M | $29.37M | $28.28M | $43.12M | $24.88M | $25.20M |
| Low Forecast | $61.25M | $60.35M | $59.35M | $56.43M | $58.49M | $56.83M | $54.60M | $50.41M | $51.86M | $50.25M | $48.99M | $41.31M | $49.18M | $63.82M | $71.65M | $37.56M | $194.82M | $73.04M | $37.75M | $40.17M | $31.23M | $31.52M | $31.35M | $27.43M | $28.25M | $29.37M | $28.28M | $28.75M | $24.88M | $25.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.99% | 0.91% | 1.44% | 0.32% | 1.03% | 0.74% | 0.56% | 1.13% | 0.98% | 0.98% | 0.80% | 1.04% | 0.93% | 1.09% | 0.74% | 1.23% | 1.23% |
ADTRAN's average Quarter SG&A projection for Mar 24 is $51.64M, based on 1 Wall Street analysts, with a range of $41.31M to $61.97M. The forecast indicates a -2.50% fall compared to ADTN last annual SG&A of $52.96M (Dec 23).
ADTRAN EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-1.40 | $-0.93 | $-0.43 | $-0.52 | $0.50 | $-0.61 | $0.04 | $-0.02 | $-0.09 | $-0.21 | $0.10 | $0.02 | $0.13 | $0.11 | $0.02 | $-0.21 | $-0.26 | $-0.96 |
| Avg Forecast | $0.14 | $0.12 | $0.10 | $0.08 | $0.12 | $0.08 | $0.04 | $-0.03 | $-0.03 | $-0.04 | $-0.09 | $-0.11 | $-0.09 | $-0.09 | - | $0.07 | $0.15 | $0.18 | $0.11 | $0.05 | $-0.04 | $0.04 | $0.12 | $0.04 | $0.07 | $0.08 | $0.01 | $-0.10 | $-0.12 | $-0.05 |
| High Forecast | $0.14 | $0.12 | $0.11 | $0.08 | $0.12 | $0.09 | $0.05 | $-0.02 | $-0.03 | $-0.04 | $-0.09 | $-0.10 | $-0.08 | $-0.09 | - | $0.07 | $0.16 | $0.18 | $0.11 | $0.05 | $-0.04 | $0.04 | $0.12 | $0.04 | $0.07 | $0.08 | $0.01 | $-0.10 | $-0.12 | $-0.05 |
| Low Forecast | $0.13 | $0.12 | $0.10 | $0.08 | $0.11 | $0.08 | $0.04 | $-0.03 | $-0.03 | $-0.04 | $-0.09 | $-0.11 | $-0.09 | $-0.09 | - | $0.06 | $0.15 | $0.18 | $0.11 | $0.05 | $-0.04 | $0.04 | $0.12 | $0.04 | $0.07 | $0.08 | $0.01 | $-0.10 | $-0.12 | $-0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 15.83% | 10.33% | -129.01% | -7.80% | 3.24% | -3.33% | 0.37% | -0.48% | 2.02% | -4.77% | 0.81% | 0.47% | 1.97% | 1.35% | 3.00% | 2.03% | 2.17% | 20.87% |
According to 1 Wall Street analysts, ADTRAN's projected average Quarter EPS for Mar 23 is $0.07, with a low estimate of $0.06 and a high estimate of $0.07. This represents a -86.67% decrease compared to ADTN previous annual EPS of $0.50 (Dec 22).
ADTRAN Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CMBM | Cambium Networks | $0.66 | $34.17 | 5077.27% | Buy |
| MYNA | Mynaric | $0.48 | $4.00 | 733.33% | Hold |
| KVHI | KVH Industries | $5.78 | $13.00 | 124.91% | Buy |
| AUDC | AudioCodes | $9.20 | $19.00 | 106.52% | Buy |
| KN | Knowles | $19.74 | $25.00 | 26.65% | Buy |
| ADTN | ADTRAN | $8.40 | $10.00 | 19.05% | Buy |
| AVNW | Aviat Networks | $17.39 | $20.50 | 17.88% | Buy |
| EXTR | Extreme Networks | $18.12 | $21.00 | 15.89% | Buy |
| TSAT | Telesat | $18.16 | $20.00 | 10.13% | |
| CMTL | Comtech Telecommunications | $3.18 | $3.50 | 10.06% | Hold |
| DGII | Digi | $33.11 | $32.00 | -3.35% | Buy |
| NTGR | NETGEAR | $25.68 | $22.00 | -14.33% | Buy |