ADTRAN Holdings, Inc. (ADTN)
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-10-29
$6.53-5.91%
Close 2026-10-30 · 1-day change
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-10-29
Research Workspace
Put ADTN beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Communications Equipment is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Improve operating margin to 5%-9% in Q2 2026: Comparison needs review.
View ThesisRevenue growth is accelerating — up about 16% over the past year.
View GrowthManagement screens weak on capital allocation, earnings delivery, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 67% in its worst 12-month stretch.
View RiskADTN’s case rests on improving operating margins and strengthening cloud, AI, and enterprise software capabilities. Revenue grew 6.1% year over year in Q2 FY2026, but non-GAAP EPS missed by 55.6%. ADTN trades at 22× P/E versus a 40× peer median. The price reflects less growth than our forecast, though expectations look modest. The next-quarter miss probability is 32%. The margin pillar needs review because its comparison is unverified. Peer multiples imply a price about 43% above where it trades. This read is provisional.
Trailing returns as of 2026-10-30. ADTN is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 9 analysts currently covering ADTN (as of Oct 2026).
Based on 3 Wall Street analysts offering 12-month price targets for ADTN in the last 4 months.
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Compare ADTN with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| ADTN Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 7 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Communications Equipment — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put ADTN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Strengthen board expertise with focus on cloud, AI, and enterprise software
Board appointment adds expertise relevant to the objective of strengthening cloud, AI, and enterprise software capabilities.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $6.53
The last 12 months of price, then the range of analyst 12-month targets from today’s $6.53.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Q2 results indicate potential difficulties in achieving revenue guidance.
Advances: Achieve revenue guidance of $283M-$303M for Q2 2026
Settlement removes patent issues, aiding revenue growth.
Advances: Achieve revenue guidance of $283M-$303M for Q2 2026
Verizon trial supports revenue guidance and product demand.
