ADTRAN (NASDAQ:ADTN) Updates Q2 2026 Earnings Guidance

ADTRAN (NASDAQ:ADTN) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.030-0.050 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $280.0 million-$282.0 million, compared to the consensus revenue estimate of $293.4 million. ADTRAN also updated its Q3 2026 guidance to EPS.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADTN. B. Riley Financial restated a “buy” rating on shares of ADTRAN in a research note on Friday, May 1st. Needham & Company LLC reiterated a “buy” rating and issued a $18.00 price objective on shares of ADTRAN in a research report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of ADTRAN in a research note on Tuesday, June 30th. Evercore began coverage on shares of ADTRAN in a research report on Tuesday, April 14th. They set an “outperform” rating and a $18.00 price objective for the company. Finally, Rosenblatt Securities raised their target price on shares of ADTRAN from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

ADTRAN Stock Up 4.7%

ADTN opened at $12.14 on Wednesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.77 and a quick ratio of 1.18. The business has a 50 day simple moving average of $14.61 and a 200-day simple moving average of $12.74. The stock has a market capitalization of $988.80 million, a P/E ratio of -31.13 and a beta of 1.44. ADTRAN has a 12 month low of $7.11 and a 12 month high of $19.98.

ADTRAN (NASDAQ:ADTN) last announced its quarterly earnings data on Tuesday, May 5th. The communications equipment provider reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The firm had revenue of $286.09 million for the quarter, compared to analyst estimates of $285.48 million. ADTRAN had a positive return on equity of 10.94% and a negative net margin of 3.18%.ADTRAN’s quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.03 earnings per share. On average, equities analysts anticipate that ADTRAN will post 0.43 earnings per share for the current fiscal year.

Institutional Trading of ADTRAN

A number of institutional investors have recently added to or reduced their stakes in the stock. Inceptionr LLC lifted its position in shares of ADTRAN by 78.6% during the 4th quarter. Inceptionr LLC now owns 45,338 shares of the communications equipment provider’s stock valued at $394,000 after acquiring an additional 19,955 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of ADTRAN during the 4th quarter worth approximately $393,000. Jain Global LLC acquired a new stake in shares of ADTRAN in the 3rd quarter worth approximately $372,000. Virtus Advisers LLC acquired a new stake in shares of ADTRAN in the 3rd quarter worth approximately $296,000. Finally, Bridgefront Capital LLC increased its stake in ADTRAN by 17.7% in the 4th quarter. Bridgefront Capital LLC now owns 29,717 shares of the communications equipment provider’s stock valued at $258,000 after purchasing an additional 4,478 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

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.