ADTRAN (NASDAQ:ADTN) Price Target Raised to $16.00

ADTRAN (NASDAQ:ADTN) had its target price lifted by Rosenblatt Securities from $11.00 to $16.00 in a research note released on Friday morning,Benzinga reports. They currently have a buy rating on the communications equipment provider’s stock.

Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $14.00 price target on shares of ADTRAN in a research report on Thursday. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $15.33.

ADTRAN Stock Performance

Shares of ADTN stock opened at $10.20 on Friday. The company’s 50-day moving average is $9.47 and its 200 day moving average is $9.12. ADTRAN has a one year low of $6.93 and a one year high of $11.18. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.16 and a current ratio of 1.76. The company has a market capitalization of $822.73 million, a price-to-earnings ratio of -20.00 and a beta of 1.37.

ADTRAN (NASDAQ:ADTN) last announced its quarterly earnings data on Wednesday, February 25th. The communications equipment provider reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.08. The company had revenue of $291.56 million during the quarter, compared to analyst estimates of $281.12 million. ADTRAN had a negative net margin of 4.15% and a positive return on equity of 4.23%. ADTRAN’s revenue was up 20.0% on a year-over-year basis. Sell-side analysts expect that ADTRAN will post -0.5 EPS for the current fiscal year.

Hedge Funds Weigh In On ADTRAN

Several institutional investors and hedge funds have recently added to or reduced their stakes in ADTN. AQR Capital Management LLC lifted its holdings in shares of ADTRAN by 253.7% during the first quarter. AQR Capital Management LLC now owns 348,478 shares of the communications equipment provider’s stock worth $3,039,000 after purchasing an additional 249,954 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of ADTRAN by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,767 shares of the communications equipment provider’s stock worth $408,000 after acquiring an additional 1,946 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of ADTRAN during the second quarter worth $2,579,000. Teacher Retirement System of Texas lifted its position in ADTRAN by 52.4% during the second quarter. Teacher Retirement System of Texas now owns 99,711 shares of the communications equipment provider’s stock valued at $894,000 after purchasing an additional 34,305 shares during the period. Finally, Kovack Advisors Inc. lifted its position in ADTRAN by 3.3% during the second quarter. Kovack Advisors Inc. now owns 714,200 shares of the communications equipment provider’s stock valued at $6,406,000 after purchasing an additional 22,950 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Stories Impacting ADTRAN

Here are the key news stories impacting ADTRAN this week:

• Positive Sentiment: Q4 results beat expectations: ADTN reported $0.16 EPS vs. $0.08 expected and revenue of $291.6M (≈+20% YoY). Gross margins and operating margins improved, signaling improving profitability trends that likely boosted investor confidence. Business Wire: Q4 Results
• Positive Sentiment: Analyst upgrade: Rosenblatt lifted its price target from $11 to $16 and initiated/maintained a “buy” stance, implying roughly ~57% upside from the recent price — a catalyst for bullish flows. Benzinga: Rosenblatt Upgrade
• Neutral Sentiment: Q1 revenue guidance issued: ADTRAN guided Q1 revenue to roughly $275M–$297M (consensus ~ $278M) — broadly in line but with a wide range that leaves room for variability. Investors will watch execution and macro signals. Business Wire: Guidance
• Neutral Sentiment: Earnings presentation and call materials available — useful for parsing product-level demand (cloud, fiber, AI) and management commentary on 2026 priorities. Seeking Alpha: Earnings Presentation
• Neutral Sentiment: Short-interest report in the feed shows a “significant increase” entry but lists zero shares/NaN — the data appears unreliable, so no clear short-selling signal from that report.
• Negative Sentiment: Still unprofitable on a GAAP basis: ADTN posted a negative net margin (~-8.4%) and negative ROE, and carries leverage (debt/equity ~1.54) — these remain risks if revenue growth slows. (Background data referenced in company and market summaries.)
• Negative Sentiment: Zacks notes the beat but highlights macro risks in the guide and frames Q1 sales guidance as a potential headwind if market conditions deteriorate; investors may trim positions on uncertainty. Zacks: Q4 Recap & Risks

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.