ADTRAN (ADTN) Stock Forecast, Price Target & Predictions

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ADTN Stock Forecast

ADTRAN stock forecast is as follows: an average price target of $17.00 (represents a 119.92% upside from ADTN’s last price of $7.73) 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 $17.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $10.00. This represents a potential 119.92% upside from ADTN's last price of $7.73.

ADTN Analyst Ratings

Buy

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%	29.37%
Aug 21, 2024	Mike Genovese	Rosenblatt Securities	$6.00	$5.36	11.94%	-22.38%
Nov 13, 2023	Tim Savageaux	Northland Securities	$13.00	$5.33	144.13%	68.18%
Jun 12, 2023	Mike Genovese	Rosenblatt Securities	$12.00	$9.73	23.33%	55.24%
Oct 25, 2022	Ryan Koontz	Needham	$28.00	$21.73	28.85%	262.23%

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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 29.37% increase from ADTN last price ($7.73).

ADTRAN Price Target by Period

	1M	3M	12M
# Anlaysts	1	2	2
Avg Price Target	$10.00	$8.00	$8.00
Last Closing Price	$7.73	$7.73	$7.73
Upside/Downside	29.37%	3.49%	3.49%

In the current month, the average price target of ADTRAN stock is $10.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 29.37% increase as opposed to ADTRAN's last price of $7.73. This month's average price target is up 25.00% compared to last quarter, and up 25.00% 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

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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	$289.34M	$285.09M	$280.38M	$266.55M	$276.30M	$268.47M	$257.94M	$241.76M	$240.28M	$226.92M	$231.40M	$229.53M	$236.17M	$288.18M	$338.45M	$352.24M	$376.19M	$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	$277.14M	$273.07M	$268.56M	$255.31M	$264.65M	$257.15M	$247.06M	$227.64M	$234.17M	$226.92M	$221.65M	$219.85M	$222.08M	$288.18M	$324.18M	$337.39M	$360.33M	$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 $219.85M, and a high forecast of $229.53M. 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	$-3.00M	$-2.95M	$-2.91M	$-2.76M	$-2.86M	$-2.78M	$-2.67M	$-2.46M	$-2.53M	$-2.45M	$-2.40M	$346.56K	$-2.40M	$-3.12M	$-3.51M	$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	$-3.13M	$-3.08M	$-3.03M	$-2.88M	$-2.99M	$-2.90M	$-2.79M	$-2.62M	$-2.60M	$-2.45M	$-2.50M	$231.04K	$-2.55M	$-3.12M	$-3.66M	$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	$-6.99M	$-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	$11.28M	$9.78M	$8.56M	$6.52M	$9.57M	$6.72M	$3.67M	$-1.93M	$-2.12M	$-3.25M	$-6.93M	$-1.67M	$-6.67M	$-6.93M	$271.56K	$-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	$10.66M	$9.25M	$8.09M	$6.16M	$9.05M	$6.36M	$3.47M	$-2.04M	$-2.24M	$-3.44M	$-7.33M	$-2.50M	$-7.32M	$-7.33M	$256.78K	$-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 %	-	-	-	-	-	-	-	-	-	-	-	-	15.72%	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	$62.43M	$61.52M	$60.50M	$57.51M	$59.62M	$57.93M	$55.66M	$51.89M	$52.45M	$50.17M	$49.93M	$51.64M	$50.65M	$63.71M	$73.03M	$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	$63.97M	$63.03M	$61.99M	$58.93M	$61.09M	$59.35M	$57.03M	$53.45M	$53.12M	$50.17M	$51.16M	$61.97M	$52.21M	$63.71M	$74.83M	$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	$61.27M	$60.37M	$59.37M	$56.44M	$58.51M	$56.85M	$54.62M	$50.33M	$51.77M	$50.17M	$49.00M	$41.31M	$49.10M	$63.71M	$71.67M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	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	$0.14	$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	-	$0.07	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	15.81%	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 $0.07 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
CASA	Casa Systems	$0.04	$9.50	23650.00%	-
CMBM	Cambium Networks	$1.09	$34.17	3034.86%	Buy
CMTL	Comtech Telecommunications	$3.03	$9.00	197.03%	Hold
MYNA	Mynaric	$1.39	$4.00	187.77%	Hold
AVNW	Aviat Networks	$14.45	$41.00	183.74%	Buy
KVHI	KVH Industries	$5.18	$13.00	150.97%	Buy
ADTN	ADTRAN	$7.73	$17.00	119.92%	Buy
AUDC	AudioCodes	$8.67	$19.00	119.15%	Buy
TSAT	Telesat	$11.03	$20.00	81.32%	-
KN	Knowles	$18.15	$25.00	37.74%	Buy
DGII	Digi	$31.55	$41.60	31.85%	Buy
EXTR	Extreme Networks	$15.43	$20.00	29.62%	Buy
NTGR	NETGEAR	$24.10	$22.00	-8.71%	Buy

ADTN Forecast FAQ

Is ADTRAN a good buy?

Yes, according to 12 Wall Street analysts, ADTRAN (ADTN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 66.67% of ADTN's total ratings.

What is ADTN's price target?

ADTRAN (ADTN) average price target is $17 with a range of $10 to $28, implying a 119.92% from its last price of $7.73. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ADTRAN stock go up soon?

According to Wall Street analysts' prediction for ADTN stock, the company can go up by 119.92% (from the last price of $7.73 to the average price target of $17), up by 262.23% based on the highest stock price target, and up by 29.37% based on the lowest stock price target.

Can ADTRAN stock reach $12?

ADTN's average twelve months analyst stock price target of $17 supports the claim that ADTRAN can reach $12 in the near future.

What is ADTRAN's current price target trend?

1 Wall Street analyst forecast a $10 price target for ADTRAN (ADTN) this month, up 29.37% from its last price of $7.73. Compared to the last 3 and 12 months, the average price target increased by 3.49% and increased by 3.49%, respectively.

What are ADTRAN's analysts' financial forecasts?

ADTRAN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.02B (high $1.04B, low $996.51M), average EBITDA is $-11.014M (high $-10.78M, low $-11.298M), average net income is $17.37M (high $18.04M, low $16.84M), average SG&A $225.09M (high $230.91M, low $220.31M), and average EPS is $0.22 (high $0.228, low $0.213). ADTN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.09B (high $1.12B, low $1.07B), average EBITDA is $-11.839M (high $-11.619M, low $-12.13M), average net income is $35.01M (high $36.13M, low $34.16M), average SG&A $241.96M (high $247.91M, low $237.45M), and average EPS is $0.443 (high $0.458, low $0.433).

Did the ADTN's actual financial results beat the analysts' financial forecasts?

Based on ADTRAN's last annual report (Dec 2023), the company's revenue was $1.15B, which missed the average analysts forecast of $1.19B by -3.55%. Apple's EBITDA was $-33.448M, beating the average prediction of $-8.907M by 275.54%. The company's net income was $-268M, beating the average estimation of $-15.732M by 1601.52%. Apple's SG&A was $230.75M, missing the average forecast of $234.34M by -1.53%. Lastly, the company's EPS was $-3.41, beating the average prediction of $-0.109 by 3040.75%. In terms of the last quarterly report (Dec 2023), ADTRAN's revenue was $225.48M, missing the average analysts' forecast of $229.12M by -1.59%. The company's EBITDA was $-4.088M, beating the average prediction of $-2.479M by 64.94%. ADTRAN's net income was $-110M, beating the average estimation of $-6.993M by 1472.22%. The company's SG&A was $52.96M, beating the average forecast of $50.65M by 4.55%. Lastly, the company's EPS was $-1.4, beating the average prediction of $-0.0886 by 1480.62%