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ADTRAN Holdings, Inc. ADTN

Growth Flags show if company had growth for consecutive years ,
Insider Buys alert about insiders buying in the last 12 month

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total buys
0.50
Total sells
2.51
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 3 1
Sell 1 2
Insider Ownership
7.63%

Capital & Financial Ratios

Market Cap
584.22
Revenue
1,138.23
Net Income
(16.81)
Free Cash Flow
23.10
Net Debt
100.51
Current Ratio
1.79
Debt/Equity
1.69
P/E ratio
0.00
P/S ratio
0.51
P/B ratio
4.50
Past 5Y EPS Growth
(39.20%)
This Y EPS Growth
25.54%
Next Y EPS Growth
101.73%
Next 5Y EPS Growth
55.51%
in millions of $

Dividends

Payout Ratio
9.00
Annual Dividend Rate
0.36
Annual Dividend Yield
2.81%
total individual payouts
2024 ‡‡‡‡
2023 0.27
2022 0.36
2021 0.36
2020 0.36
2019 0.36
2018 0.36
2017 0.36
2016 0.36
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 87.17 76.02 130.87 118.31
Receivables 230.39 193.27 221.40 218.36
Inventory 360.42 261.56 215.74 208.78
Other 11.90 11.90 11.90
718.97 599.14 635.22 617.79
2023 2024 2025 Q'26
Payables 162.92 171.83 167.34 169.32
ST’ Debt
Other
274.00 293.47 361.86 344.81
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡ ‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 286.09 281.15
’25 247.74 265.07 279.44 291.56
1,083.81
’24 226.17 225.99 227.70 242.85
922.72
’23 323.91 327.38 272.33 225.48
1,149.10
’22 154.52 172.04 340.71 358.27
1,025.54
’21 127.53 143.23 138.08 154.16
563.00
’20 114.52 128.72 133.14 130.13
506.51
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 12.67 25.92
’25 43.18 32.16 12.19 42.24
129.77
’24 37.93 19.88 43.32 2.44
103.57
’23 (19.93) (16.23) 6.85 (13.70)
(43.01)
’22 4.87 (10.79) (36.81) (1.49)
(44.23)
’21 10.69 7.53 10.68 (25.88)
3.01
’20 (0.02) 1.71 (7.00) (11.20)
(16.52)
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (3.27) 8.68
’25 24.49 18.33 (4.84) 22.53
60.50
’24 23.22 3.89 23.18 (11.90)
38.40
’23 (28.36) (27.91) (6.71) (25.80)
(88.79)
’22 3.41 (12.61) (43.66) (8.43)
(61.29)
’21 9.94 6.06 9.32 (27.98)
(2.66)
’20 (1.43) (0.04) (8.93) (12.53)
(22.93)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.01) (0.13)
’25 (0.13) (0.24) (0.12) (0.02)
(0.52)
’24 (4.12) (0.63) (0.36) (0.58)
(5.67)
’23 (0.44) (0.43) (0.93) (1.40)
(3.41)
’22 (0.02) 0.04 (0.57) 0.49
(0.03)
’21 0.02 0.10 (0.21) (0.09)
(0.18)
’20 (0.21) 0.02 0.11 0.13
0.05

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

1.4
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡‡‡ 16.30 4.91 4.34 6.93
Low Price
‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 25.47 20.21 9.21 12.44
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3,307 3,227 3,234 3,338
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.31 0.36 0.29 0.32
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,025.54 1,149.10 922.72 1,083.81 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 31.91% 28.82% 35.13% 38.29%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (70.96) (233.61) (442.73) (31.25)
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (6.92%) (20.33%) (47.98%) (2.88%) ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (8.89) (261.91) (450.07) (36.24) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 67.86 151.66 391.83 94.34
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 16.45 14.65 11.69 13.59 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ (0.03) (3.41) (5.67) (0.52) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.71) (0.55) 1.31 1.63
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.27) (0.58) (0.83) (0.87) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.98) (1.13) 0.49 0.76
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 20.91 7.72 1.61 1.83 ‡‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 62.35 78.42 78.93 79.74 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡ 0.00 0.00 0.00 0.00 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ 1.14 0.51 0.71 0.64 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.90 0.96 5.18 4.75 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.13 0.61 0.85 0.73 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (18.94) (8.83) 20.35 13.07
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (44.23) (43.01) 103.57 129.77 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (17.06) (45.77) (65.17) (69.26) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (61.29) (88.79) 38.40 60.50 ‡‡‡‡‡
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 453.78 444.97 305.67 273.36
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 95.94 195.00 189.58 218.04
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (13.05) 107.83 113.56 87.17
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,303.61 605.26 126.95 145.83
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.16%) (14.85%) (32.29%) (3.84%)
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3.53%) (19.60%) (111.11%) (4.18%)
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.25%) (28.17%) (125.62%) (33.47%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Adtran Holdings (ADTN) exemplifies the perils of aggressive growth in telecom equipment, where a 2022 merger with CommScope’s Ruckus and broadband units more than doubled revenue to over $1 billion but triggered deep losses, eroding gross margins from 43% to as low as 29% and cratering ROE to -126% by 2024. Balance sheet strain mounted with debt rising to $190 million and book value per share plummeting 79%, though net debt moderated and free cash flow flickered positive at $0.49 per share last year amid inventory discipline. The stock, trading at a compressed 0.71 price-to-sales ratio, reflects market skepticism over post-merger integration woes and profitability erosion.

Recent insider buying by top executives totaling over $449,000 signals quiet confidence at depressed levels, aligning with stabilizing revenue and analyst forecasts of a turnaround: revenue growth to $1.29 billion by 2027, narrowing losses, and EPS flipping to $0.32. Tailwinds like U.S. BEAD broadband funding could bolster ADTN’s fiber and SD-WAN positioning, with mean price targets implying 21% upside.

Yet risks abound—ongoing impairments, China competition, and execution slips could prolong the value trap narrative, keeping ROIC deeply negative and capex a drag on cash flows. For risk-averse investors eyeing steady recovery plays, ADTN warrants scrutiny of margin rebounds and deleveraging before committing; the full analysis dissects these correlations in detail.

ADTRAN Holdings, Inc. (ADTN) Latest News

News by impact score

Fine-tune

17 Sep

3 , 8:00 AM
ADTRAN Holdings showcases open optical networking solutions for AI infrastructure at OIF’s ECOC 2026 interoperability demonstration. Demo of AI-focused optical tech at major industry event supports product innovation and visibility without major financial or strategic shifts.

15 Sep

3 , 8:00 AM
BMC TV expands UK network for major sports broadcasts using Adtran and Fibre Technologies Ltd. Adtran secures role supplying equipment for BMC TV UK sports broadcast network expansion.

9 Sep

4 , 10:54 PM
ADTRAN Holdings sees optical product surge that offsets delay from one customer. Optical surge signals major revenue growth potential for ADTRAN despite isolated delay.

9 Aug

3 , 4:09 AM
ADTRAN stock fair value declines after Q2 results prompt analysts to cut price targets. Analyst target cuts following quarterly results moderately shift market valuation and investor sentiment for the stock.

6 Aug

4 , 8:00 AM
ADTRAN launches Mosaic One Fabric empowering operators to build custom AI agents and workflows. Mosaic One Fabric launch marks major product innovation in AI networking that can significantly shift competitive positioning and investor sentiment.

5 Aug

3 , 12:16 PM
ADTRAN Holdings advances AI networking initiatives to counter near-term execution risks affecting operations and market performance. AI networking efforts introduce moderate influence on ADTRAN's financials and competitive stance while balanced by ongoing risks.

4 Aug

4 , 5:02 PM
ADTRAN Holdings reported Q2 2026 earnings with optical growth driving revenue. Optical growth in earnings signals major positive shift in core operations and market outlook.

4 , 3:00 AM
TOHKnet and Adtran completed Japan’s first 50G PON trial on a live network. First live 50G PON trial in Japan highlights Adtran's technology edge and expands its footprint in a major market.

3 , 10:20 AM
ADTRAN Holdings beat Q2 earnings estimates on healthy revenue growth. Q2 earnings beat and revenue growth signal improved financial results with moderate potential to support stock performance.

3 www.marketbeat.com, 10:04 AM
ADTRAN Holdings reported Q2 results with revenue of $253 million, net loss of $29 million, and updates on fiber and network demand amid integration efforts. Q2 results and outlook provide updates on revenue and margins that may shift near-term investor views but do not signal major strategic overhaul.

3 transcript app.moby.co, 8:30 AM
ADTRAN Holdings, Inc. presented Q2 2026 earnings results covering revenue, profits, and strategic outlook. Quarterly earnings updates provide financial performance details that moderately influence near-term investor sentiment.

3 Aug

3 , 10:30 PM
ADTRAN Holdings, Inc. reported its second quarter 2026 financial results. Quarterly financial results disclosure affects near-term stock sentiment and valuation metrics.

23 Jul

3 , 4:30 PM
ADTRAN Holdings, Inc. secures new senior secured credit facility to strengthen capital structure. New credit facility enhances ADTRAN financial flexibility without altering core operations.

22 Jul

4 , 12:00 AM
ADTRAN Holdings, Inc. announces certain preliminary second quarter 2026 results. Preliminary quarterly results directly shape near-term valuation and investor sentiment.

3 investorshub.advfn.com, 8:37 AM
ADTRAN Holdings cuts second-quarter revenue outlook, causing shares to tumble. Revenue outlook reduction signals weaker near-term results with direct effect on valuation and sentiment.

26 Jun

3 , 9:57 AM
ADTRAN Holdings benefits from momentum in network solutions, with questions remaining on whether growth will continue. Network solutions momentum may moderately affect ADTRAN financial performance and positioning without fundamentally redefining trajectory.

16 Jun

4 www.fool.com, 4:13 PM
ADTRAN Holdings emerges as overlooked AI stock now drawing analyst attention with potential to drive investor interest and performance gains. Analyst focus on ADTRAN as AI play can significantly boost investor sentiment and stock trajectory.

14 Jun

4 , 3:28 PM
ADTRAN launches quantum-safe optical transport technology to add security layer for AI data center connectivity. Product targets AI data center security growth and strengthens ADTRAN competitive positioning.

11 Jun

3 , 8:22 PM
ADTRAN Holdings settles patent dispute, clearing overhang and enabling renewed focus on core business fundamentals and operations. Patent settlement removes legal overhang and supports refocus on operational performance and market positioning.

1 Jun

3 Simply Wall St., 3:06 PM
ADTRAN Holdings shares rose 5.6% after launching quantum-safe technology and settling a patent dispute. Quantum-safe launch adds product innovation in security while patent settlement resolves legal exposure without altering core operations.

29 May

3 Business Wire, 8:00 AM
ADTRAN Holdings resolves long-running patent litigation, reinforcing commitment to defend innovation. Litigation resolution removes overhang and supports operational focus on innovation.

27 May

4 www.fool.com, 4:22 PM
ADTRAN Holdings stock surges sharply on positive developments boosting investor sentiment and near-term outlook for the company. Stock surge signals major positive developments likely to lift near-term financial results and market perception.

3 Business Wire, 4:00 AM
euNetworks launches quantum-safe private connectivity service powered by Adtran’s encrypted optical transport technology. Adtran technology adoption by euNetworks in new quantum-safe service supports moderate gains in market visibility for encrypted transport.

13 May

4 Business Wire, 8:00 AM
Adtran expands SDG 8700 Series to deliver Wi-Fi 7 at scale. Expanding SDG 8700 Series to Wi-Fi 7 at scale represents a major product advancement strengthening ADTRAN's position in next-generation networking.

4 Simply Wall St., 5:21 AM
ADTRAN Holdings (ADTN) released Q1 2026 results and new revenue guidance, prompting a valuation analysis amid ongoing market assessment. Q1 2026 earnings and new revenue guidance significantly shape future financial expectations and investor sentiment.

5 May

4 app.moby.co, 4:46 PM
ADTRAN Holdings, Inc. released Q1 2026 earnings call summary detailing financial results, operational updates, and forward guidance. Q1 2026 earnings highlights directly affect financial performance, strategic outlook, and investor sentiment for ADTN.

4 Zacks, 11:11 AM
ADTRAN Holdings, Inc. (ADTN) Q1 earnings beat analyst estimates, fueled by strong revenue growth. Q1 earnings surpassing estimates with strong revenue growth signals significant positive momentum for financial performance and investor sentiment.

3 www.marketbeat.com, 10:14 AM
ADTRAN Holdings, Inc. (ADTN) released highlights from its Q1 earnings call, covering financial results, business updates, and forward guidance. Q1 earnings highlights impact financial performance and market sentiment moderately through reported results and guidance.

4 May

4 Business Wire, 11:00 PM
ADTRAN Holdings, Inc. reported first quarter 2026 financial results. Quarterly earnings reports typically drive significant shifts in stock price and market perception of future performance.

4 transcript www.fool.com, 4:26 PM
Adtran Holdings, Inc. (ADTN) released the Q1 2025 earnings call transcript detailing financial results, management discussion, and forward guidance. Q1 2025 earnings transcript discloses financial performance and strategic outlook directly influencing ADTN's market trajectory and investor sentiment.

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