Northland Securities Decreases Earnings Estimates for ADTRAN

ADTRAN Holdings, Inc. (NASDAQ:ADTN) – Analysts at Northland Securities dropped their Q3 2026 earnings per share estimates for ADTRAN in a report issued on Wednesday, August 5th. Northland Securities analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of $0.00 per share for the quarter, down from their previous 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 posted its earnings results on Tuesday, August 4th. The communications equipment provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates 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 company’s revenue for the quarter was up 6.0% compared to the same quarter last year.

A number of other brokerages have also recently commented on ADTN. B. Riley Financial reissued a “buy” rating and issued a $21.00 price objective (down from $23.00) on shares of ADTRAN in a research note on Thursday, July 23rd. Rosenblatt Securities reduced their price target on shares of ADTRAN from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Evercore set a $11.00 price target on shares of ADTRAN in a research report on Wednesday, August 5th. Wall Street Zen cut shares of ADTRAN from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Craig Hallum set a $12.00 price objective on shares of ADTRAN in a research note on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, ADTRAN presently has an average rating of “Hold” and an average price target of $14.67.

ADTRAN Trading Up 1.7%

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its holdings in shares of ADTRAN by 253.7% during the first quarter. AQR Capital Management LLC now owns 348,478 shares of the communications equipment provider’s stock worth $3,039,000 after purchasing an additional 249,954 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of ADTRAN by 4.3% in the first 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 increased its stake in ADTRAN by 13.9% in the second quarter. Legal & General Group Plc now owns 113,480 shares of the communications equipment provider’s stock valued at $1,018,000 after purchasing an additional 13,821 shares during the last quarter. American Century Companies Inc. lifted its position in ADTRAN by 11.2% during the second quarter. American Century Companies Inc. now owns 224,015 shares of the communications equipment provider’s stock worth $2,009,000 after buying an additional 22,524 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in ADTRAN by 17.6% during the second quarter. Russell Investments Group Ltd. now owns 88,384 shares of the communications equipment provider’s stock worth $793,000 after buying an additional 13,222 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

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.