ADTRAN Holdings, Inc. (ADTN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ADTRAN Holdings, Inc. Do?
ADTRAN Holdings, Inc., through its subsidiaries, provides end-to-end fiber networking solutions for communications service provider, enterprises, and government customers in the United States, Germany, the United Kingdom, Mexico, and internationally. It operates through two segments, Network Solutions, and Services & Support. The company offers fiber access and fiber to the node platforms; transceivers, cables, and other miscellaneous materials; passive optical network optical line terminals; fiber to the distribution point Gfast distribution point units; cabinet and outside plant enclosures and services; packet optical transports; fixed wireless access platforms; and network management and subscriber services, and control and orchestration software. It also provides broadband customer premises solutions, ethernet switches and routers, residential gateways, cloud-based software-as-a-service management platforms, virtual wireless local area networks, Internet of Things gateways, pre-sale and post-sale technical support, and multi-gigabit mesh Wi-Fi gateways. In addition, the company offers time division multiplexed and asynchronous transfer mode-based aggregation systems and customer devices; and high-bit-rate and asymmetric digital subscriber line, and other technologies. Further, it provides other access and aggregation, subscriber and experience, and traditional and other products, software, and services. Additionally, the company engages in the provision of planning, engineering, program management, maintenance, installation, and commissioning services to implement customer network solutions; and customer devices solutions into consumer, small business, and enterprise locations. ADTRAN Holdings, Inc. is headquartered in Huntsville, Alabama. ADTRAN Holdings, Inc. (ADTN) is classified as a small-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Thomas R. Stanton and employs approximately 1,340 people, headquartered in Huntsville, Alabama. With a market capitalization of $1.0B, ADTN is one of the notable companies in the Technology sector.
ADTRAN Holdings, Inc. (ADTN) Stock Rating — Hold (April 2026)
As of April 2026, ADTRAN Holdings, Inc. receives a Hold rating with a composite score of 35.4/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.ADTN ranks #1,301 out of 4,446 stocks in our coverage universe. Within the Technology sector, ADTRAN Holdings, Inc. ranks #142 of 584 stocks, placing it in the top quartile of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
ADTN Stock Price and 52-Week Range
ADTRAN Holdings, Inc. (ADTN) currently trades at $15.38. The stock gained $0.56 (3.8%) in the most recent trading session. The 52-week high for ADTN is $11.80, which means the stock is currently trading 30.3% from its annual peak. The 52-week low is $6.93, putting the stock 121.9% above its annual trough. Recent trading volume was 2.4M shares, reflecting moderate market activity.
Is ADTN Overvalued or Undervalued? — Valuation Analysis
ADTRAN Holdings, Inc. (ADTN) carries a value factor score of 32/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 7.60x, versus the sector average of 3.16x. The price-to-sales ratio is 1.09x, compared to 1.06x for the average Technology stock. On an enterprise value basis, ADTN trades at 40.39x EV/EBITDA, versus 12.79x for the sector.
At current multiples, ADTRAN Holdings, Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
ADTRAN Holdings, Inc. Profitability — ROE, Margins, and Quality Score
ADTRAN Holdings, Inc. (ADTN) earns a quality factor score of 32/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -43.8%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -5.3% versus the sector average of -1.0%.
On a margin basis, ADTRAN Holdings, Inc. reports gross margins of 37.9%, compared to 50.9% for the sector. The operating margin is -4.5% (sector: -0.5%). Net profit margin stands at -6.5%, versus -1.5% for the average Technology stock. Revenue growth is running at 23.6% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
ADTN Debt, Balance Sheet, and Financial Health
ADTRAN Holdings, Inc. has a debt-to-equity ratio of 470.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.76x, suggesting adequate working capital coverage. Total debt on the balance sheet is $244M. Cash and equivalents stand at $94M.
ADTN has a beta of 1.67, meaning it is more volatile than the broader market — a $10,000 investment in ADTN would be expected to move 67.0% more than the S&P 500 on any given day. The stability factor score for ADTRAN Holdings, Inc. is 40/100, reflecting average volatility within the normal range for its sector.
ADTRAN Holdings, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, ADTRAN Holdings, Inc. reported revenue of $1.02B and earnings per share (EPS) of $-0.52. Net income for the quarter was $-64M. Gross margin was 37.9%. Operating income came in at $-44M.
In FY 2025, ADTRAN Holdings, Inc. reported revenue of $1.08B and earnings per share (EPS) of $-0.52. Net income for the quarter was $-36M. Gross margin was 38.3%. Revenue grew 17.5% year-over-year compared to FY 2024. Operating income came in at $-16M.
In Q3 2025, ADTRAN Holdings, Inc. reported revenue of $279M and earnings per share (EPS) of $-0.12. Net income for the quarter was $-8M. Gross margin was 38.3%. Revenue grew 22.7% year-over-year compared to Q3 2024. Operating income came in at $-3M.
In Q2 2025, ADTRAN Holdings, Inc. reported revenue of $265M and earnings per share (EPS) of $-0.24. Net income for the quarter was $-18M. Gross margin was 37.3%. Revenue grew 17.3% year-over-year compared to Q2 2024. Operating income came in at $-13M.
Over the past 8 quarters, ADTRAN Holdings, Inc. has demonstrated a growth trajectory, with revenue expanding from $226M to $1.02B. Investors analyzing ADTN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
ADTN Dividend Yield and Income Analysis
ADTRAN Holdings, Inc. (ADTN) does not currently pay a dividend. This is common among smaller companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
ADTN Momentum and Technical Analysis Profile
ADTRAN Holdings, Inc. (ADTN) has a momentum factor score of 56/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 5/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
ADTN vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, ADTRAN Holdings, Inc. (ADTN) ranks #142 out of 584 stocks based on the Blank Capital composite score. This places ADTN in the top quartile of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing ADTN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ADTN vs S&P 500 (SPY) comparison to assess how ADTRAN Holdings, Inc. stacks up against the broader market across all factor dimensions.
ADTN Next Earnings Date
No upcoming earnings date has been announced for ADTRAN Holdings, Inc. (ADTN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy ADTN? — Investment Thesis Summary
ADTRAN Holdings, Inc. presents a balanced picture with arguments on both sides. The quality score of 32/100 flags below-average profitability. The value score of 32/100 indicates premium valuation.
In summary, ADTRAN Holdings, Inc. (ADTN) earns a Hold rating with a composite score of 35.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ADTN stock.
Related Resources for ADTN Investors
Explore more research and tools: ADTN vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ADTN head-to-head with peers: ADTN vs IHS, ADTN vs VRSN, ADTN vs ESE.