Rosenblatt has revised its price target for Adtran (ADTN, Financial), reducing it from $15 to $11 while maintaining a Buy rating on the company's shares. The adjustment comes amid expectations that the optical sector's performance will be solid in the upcoming March quarter. Despite this, the firm foresees potential challenges ahead.
The analysis highlights potential threats to the sector's profitability due to increased tariffs and a broader economic slowdown. These issues, driven by rising prices and overall market uncertainty, are anticipated to impact gross margins significantly by the latter part of 2025. Consequently, Rosenblatt has undertaken a comprehensive review, resulting in an average price target reduction of 19% across its coverage.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Adtran Holdings Inc (ADTN, Financial) is $13.20 with a high estimate of $15.00 and a low estimate of $9.00. The average target implies an upside of 83.84% from the current price of $7.18. More detailed estimate data can be found on the Adtran Holdings Inc (ADTN) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Adtran Holdings Inc's (ADTN, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Adtran Holdings Inc (ADTN, Financial) in one year is $8.44, suggesting a upside of 17.55% from the current price of $7.18. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Adtran Holdings Inc (ADTN) Summary page.
