Altice USA, Inc. (NYSE:ATUS) to Post FY2026 Earnings of $0.14 Per Share, Zacks Research Forecasts

Altice USA, Inc. (NYSE:ATUS) – Research analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for Altice USA in a research report issued on Monday, April 15th. Zacks Research analyst R. Department now anticipates that the company will earn $0.14 per share for the year, down from their prior forecast of $0.16. The consensus estimate for Altice USA’s current full-year earnings is $0.22 per share.

Other analysts have also recently issued reports about the company. Evercore ISI restated an “in-line” rating and set a $3.00 price target on shares of Altice USA in a report on Tuesday, March 26th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Altice USA in a research report on Thursday, April 11th. UBS Group dropped their price target on shares of Altice USA from $6.00 to $4.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. Wells Fargo & Company cut shares of Altice USA from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $2.00 to $1.00 in a research note on Friday, April 5th. Finally, BNP Paribas downgraded Altice USA from a “neutral” rating to an “underperform” rating and set a $1.00 price objective for the company. in a report on Tuesday, April 9th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Altice USA has a consensus rating of “Hold” and an average target price of $2.90.

Altice USA Price Performance

ATUS stock opened at $1.95 on Tuesday. The stock has a market cap of $887.15 million, a price-to-earnings ratio of 16.21 and a beta of 1.35. The company has a 50 day simple moving average of $2.44 and a 200 day simple moving average of $2.55. Altice USA has a 1 year low of $1.75 and a 1 year high of $3.82.

Altice USA (NYSE:ATUS) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.33). The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.29 billion. Altice USA had a net margin of 0.58% and a negative return on equity of 12.81%. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.43) EPS.

Institutional Trading of Altice USA

Several institutional investors and hedge funds have recently modified their holdings of the stock. LPL Financial LLC boosted its holdings in Altice USA by 9.6% during the second quarter. LPL Financial LLC now owns 20,815 shares of the company’s stock worth $193,000 after purchasing an additional 1,830 shares during the last quarter. First Republic Investment Management Inc. grew its holdings in shares of Altice USA by 10.2% in the first quarter. First Republic Investment Management Inc. now owns 21,131 shares of the company’s stock valued at $264,000 after acquiring an additional 1,953 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Altice USA by 2.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 107,242 shares of the company’s stock valued at $493,000 after acquiring an additional 2,249 shares during the last quarter. Covestor Ltd lifted its holdings in Altice USA by 798.9% during the first quarter. Covestor Ltd now owns 3,353 shares of the company’s stock worth $42,000 after acquiring an additional 2,980 shares during the period. Finally, Gamco Investors INC. ET AL lifted its holdings in Altice USA by 9.7% during the first quarter. Gamco Investors INC. ET AL now owns 36,200 shares of the company’s stock worth $452,000 after acquiring an additional 3,200 shares during the period. 54.85% of the stock is owned by hedge funds and other institutional investors.

About Altice USA

Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.