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ADTRAN Holdings, Inc. (ADTN)

Technology | Communication Equipment | Huntsville, United States | NasdaqGS
12.60 USD +0.17 (1.368%) ⇧ (July 14, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 5:48 a.m. EDT

The investment case for ADTRAN is currently fractured by a stark divergence between its operational recovery and its capital structure. Fundamentally, the business is turning a corner: revenue growth is back at a healthy 15.5%, and the company has generated positive free cash flow. However, the balance sheet remains a significant liability, with debt nearly three times the size of equity and negative returns on both assets and equity. This structural weakness explains why the stock trades at a premium to book value despite poor profitability metrics. The price action reflects this tension. While the long-term trajectory shows a massive rebound from a decade-long decline (a +67% surge last year), the recent price action is volatile and struggling to hold gains, trading below its 50-day moving average. The options market confirms this anxiety; traders are buying protection at lower strikes while placing bets on a continued rally at much higher levels, creating a wide gap in expectations. For investors, the risk/reward is skewed against the downside due to the debt load, but the path to a 'great' company is blocked until the balance sheet is repaired. The current setup suggests a consolidation phase where the market waits for proof that the debt burden won't stifle the operational turnaround.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.090203
AutoARIMA0.090204
MSTL0.100875
AutoTheta0.100956

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 35%
H-stat 4.56
Ljung-Box p 0.000
Jarque-Bera p 0.599
Excess Kurtosis 0.06
Attribute Value
Sector Technology
Ex Dividend Date 2023-08-17
Last Dividend Date 2023-08-17
Debt to Equity Ratio 48.044
Revenue per Share 14.038
Market Cap 1,020,576,064
Forward P/E 16.58
Beta 1.45
Profit Margins -3.18%
Previous Name ADTRAN, Inc.
Website https://www.adtran.com

As of July 11, 2026, 5:48 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated in the money and just out-of-the-money strikes (e.g., $9, $11, $13), suggesting a fear of further downside. Conversely, call activity shows significant open interest walls at higher strikes ($20, $30, $33), indicating a speculative bet on a potential recovery or volatility expansion, though the immediate flow leans toward hedging existing long positions rather than aggressive new buying.


Dividend Data

Dividend History
Date Dividend Yield %
2023-08-18 0.090 1.105651
2023-05-22 0.090 0.987925
2023-03-06 0.090 0.543478
2022-11-21 0.090 0.438596
2022-08-17 0.090 0.372671
2022-05-18 0.090 0.501672
2022-02-16 0.090 0.424729
2021-11-15 0.090 0.420168
2021-08-18 0.090 0.390795
2021-05-19 0.090 0.461302
2021-02-17 0.090 0.563910
2020-11-16 0.090 0.711462
2020-08-19 0.090 0.750626
2020-05-20 0.090 0.817439
2020-02-19 0.090 1.045296
2019-11-13 0.090 0.960512
2019-07-31 0.090 0.810081
2019-05-01 0.090 0.528169
2019-02-06 0.090 0.628931
2018-10-30 0.090 0.655977
2018-07-31 0.090 0.553846
2018-05-01 0.090 0.604027
2018-01-30 0.090 0.559006
2017-10-31 0.090 0.426540
2017-08-01 0.090 0.380550
2017-05-02 0.090 0.446650
2017-01-31 0.090 0.410959
2016-11-01 0.090 0.500000
2016-07-26 0.090 0.497512
2016-04-26 0.090 0.453629
2016-02-02 0.090 0.499168
2015-10-27 0.090 0.619408
2015-07-28 0.090 0.565327
2015-05-05 0.090 0.551133
2015-02-03 0.090 0.409277
2014-10-28 0.090 0.438383
2014-07-29 0.090 0.405771
2014-04-29 0.090 0.398936
2014-02-04 0.090 0.364816
2013-10-22 0.090 0.358995
2013-07-23 0.090 0.336323
2013-04-23 0.090 0.434153
2013-02-05 0.090 0.439239
2012-10-23 0.090 0.542823
2012-07-24 0.090 0.432900
2012-04-24 0.090 0.304569
2012-01-31 0.090 0.259890
2011-10-25 0.090 0.293351
2011-07-26 0.090 0.258102
2011-04-26 0.090 0.224271
2011-02-01 0.090 0.216294
2010-10-26 0.090 0.279156
2010-07-27 0.090 0.281338
2010-04-27 0.090 0.331614
2010-02-02 0.090 0.418799
2009-10-27 0.090 0.381841
2009-07-28 0.090 0.369458
2009-04-28 0.090 0.434783
2009-02-03 0.090 0.602007
2008-10-28 0.090 0.611413
2008-07-29 0.090 0.397176
2008-04-29 0.090 0.378947
2008-02-05 0.090 0.455005
2007-10-30 0.090 0.375000
2007-07-31 0.090 0.344960
2007-05-01 0.090 0.350740
2007-02-06 0.090 0.405405
2006-10-31 0.090 0.388937
2006-08-02 0.090 0.423529
2006-05-02 0.090 0.354750
2006-02-03 0.090 0.316790
2005-11-02 0.090 0.295082
2005-08-03 0.090 0.342075
2005-05-03 0.080 0.388350
2005-02-02 0.080 0.442968
2004-10-29 0.080 0.370370
2004-07-30 0.080 0.299513
2004-04-30 0.080 0.326264
2004-01-30 0.080 0.232423
2003-10-29 0.075 0.218627
2003-07-29 1.075 4.412972
Additional Data
exDividendDate 2023-08-18
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.09
lastDividendDate 2023-08-18
dividendDate 2023-09-05

Info Dump

Attribute Value
52 Week Change 0.30434787
Address1 901 Explorer Boulevard
All Time High 47.7
All Time Low 4.34
Ask 16.08
Ask Size 2
Audit Risk 10
Average Daily Volume10 Day 1,577,020
Average Daily Volume3 Month 2,553,731
Average Volume 2,553,731
Average Volume10Days 1,577,020
Beta 1.448
Bid 9.09
Bid Size 2
Board Risk 5
Book Value 1.707
City Huntsville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.6
Current Ratio 1.766
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 12.9002
Day Low 12.5
Debt To Equity 48.044
Display Name ADTRAN
Dividend Date 1,693,872,000
Earnings Call Timestamp End 1,777,984,200
Earnings Call Timestamp Start 1,777,984,200
Earnings Timestamp 1,777,924,800
Earnings Timestamp End 1,785,873,600
Earnings Timestamp Start 1,785,873,600
Ebitda 91,278,000
Ebitda Margins 0.08134
Enterprise To Ebitda 16.887
Enterprise To Revenue 1.374
Enterprise Value 1,541,449,856
Eps Current Year 0.56571
Eps Forward 0.76
Eps Trailing Twelve Months -0.39
Esg Populated 0
Ex Dividend Date 1,692,316,800
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.118
Fifty Day Average Change -2.5179996
Fifty Day Average Change Percent -0.1665564
Fifty Two Week Change Percent 30.434788
Fifty Two Week High 19.98
Fifty Two Week High Change -7.379999
Fifty Two Week High Change Percent -0.36936933
Fifty Two Week Low 7.11
Fifty Two Week Low Change 5.4900002
Fifty Two Week Low Change Percent 0.77215195
Fifty Two Week Range 7.11 - 19.98
Financial Currency USD
First Trade Date Milliseconds 776,525,400,000
Five Year Avg Dividend Yield 2.9
Float Shares 78,956,722
Forward Eps 0.76
Forward P E 16.578949
Free Cashflow 45,972,500
Full Exchange Name NasdaqGS
Full Time Employees 3,201
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.38566002
Gross Profits 432,767,008
Has Pre Post Market Data 1
Held Percent Insiders 0.022090001
Held Percent Institutions 1.07333
Implied Shares Outstanding 80,998,100
Industry Communication Equipment
Industry Disp Communication Equipment
Industry Key communication-equipment
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,692,316,800
Last Dividend Value 0.09
Last Fiscal Year End 1,767,139,200
Last Split Date 1,071,532,800
Last Split Factor 2:1
Long Business Summary ADTRAN Holdings, Inc. provides networking and communications platforms, software, systems, and services in the United States, Germany, the United Kingdom, and internationally. It operates through two segments, Network Solutions, and Services & Support. It offers residential gateways; ethernet passive optical network ONUs; gigabit passive optical network/XGS-PON ONTs; routers, and switches; edge cloud; carrier ethernet network interface devices; Optical Line Terminals; Packet Aggregation, Copper Access, and Oscilloquartz; optical transport and engine solutions; infrastructure monitoring solution; and training, professional, software, and managed services. The company provides various software, such as Mosaic One SaaS, n-Command, Procloud, MCP, AOE, and ACI-E. It serves large, medium, and small service providers; alternative service providers, such as utilities, municipalities and fiber overbuilders; cable/MSOs; and SMBs and distributed enterprises. ADTRAN Holdings, Inc. was incorporated in 1985 and is headquartered in Huntsville, Alabama.
Long Name ADTRAN Holdings, Inc.
Market us_market
Market Cap 1,020,576,064
Market State PRE
Max Age 86,400
Message Board Id finmb_332752
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-15
Net Income To Common -31,321,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,021,386,041
Number Of Analyst Opinions 6
Open 12.74
Operating Cashflow 99,256,000
Operating Margins 0.02276
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 1.86
Phone 256 963 8000
Pre Market Change -0.10000038
Pre Market Change Percent -0.7936538
Pre Market Price 12.5
Pre Market Time 1,784,116,197
Prev Name ADTRAN, Inc.
Previous Close 12.43
Price Eps Current Year 22.272896
Price Hint 2
Price To Book 7.381371
Price To Sales Trailing12 Months 0.90948355
Profit Margins -0.03182
Quick Ratio 0.883
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.17000008
Regular Market Change Percent 1.3676594
Regular Market Day High 12.9002
Regular Market Day Low 12.5
Regular Market Day Range 12.5 - 12.9002
Regular Market Open 12.74
Regular Market Previous Close 12.43
Regular Market Price 12.6
Regular Market Time 1,784,059,201
Regular Market Volume 917,408
Return On Assets -0.00241
Return On Equity -0.04936
Revenue Growth 0.155
Revenue Per Share 14.038
Sand P52 Week Change 0.2043345
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 1
Shares Outstanding 80,998,100
Shares Percent Shares Out 0.15529999
Shares Short 12,579,189
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 11,495,405
Short Name ADTRAN Holdings, Inc.
Short Percent Of Float 0.1768
Short Ratio 4.99
Source Interval 15
State AL
Symbol ADTN
Target High Price 23.0
Target Low Price 18.0
Target Mean Price 19.5
Target Median Price 19.0
Total Cash 88,270,000
Total Cash Per Share 1.093
Total Debt 243,364,992
Total Revenue 1,122,148,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.39
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.475
Two Hundred Day Average Change 1.125
Two Hundred Day Average Change Percent 0.09803921
Type Disp Equity
Volume 917,408
Website https://www.adtran.com
Zip 35,806-2807