ADTRAN Holdings misses Q2 revenue, adjusted profit estimates
ADTN•Third-quarter outlook
ADTRAN expects third-quarter 2026 revenue between $275 million and $295 million. The company also sees third-quarter 2026 non-GAAP operating margin of 1.5% to 5.5%.
Analyst view and valuation context
The current average analyst rating on the shares is "buy", with 7 "strong buy" or "buy" recommendations, 2 "hold" ratings, and no "sell" or "strong sell" ratings.
The average consensus recommendation for the communications & networking peer group is "buy". Wall Street's median 12-month price target for ADTRAN Holdings Inc is $19.03, about 114.8% above its August 3 closing price of $8.86. The stock recently traded at 13 times next 12-month earnings, versus a P/E of 31 three months ago.
Q2 revenue and adjusted profit miss estimates
ADTRAN Holdings said its second-quarter revenue rose 6.1% year over year, but it missed analyst expectations. Adjusted earnings per share for the quarter were $0.04, also missing analyst estimates.
