Anterix Inc. (ATEX)Communication Services | Telecom Services | Woodland Park, United States | NasdaqCM
92.33 USD
-2.34
(-2.472%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 92.33 |
Hot Take ↕ | Aug. 22, 2026, 1:27 a.m. EDT
Anterix presents a stark dichotomy between its explosive recent price action and its deteriorating financial reality. While the stock recently hit all-time highs and analysts are upgrading the thesis based on commercialization milestones, the underlying business is bleeding cash. Free cash flow is massively negative, operating margins are deeply in the red, and earnings have collapsed by nearly 100%. The valuation is absurd, trading at 260x sales with no path to profitability visible in the immediate future. The short-term outlook remains cautiously optimistic due to the 'momentum premium' and the catalyst of dual Russell index additions, which often drive mechanical buying regardless of fundamentals. However, the technicals are showing signs of exhaustion with the price retreating from its highs. The long-term investment case is weak; the company is burning through capital with negative returns on equity and assets, and there is no dividend to provide a floor. The recent price surge appears to be a speculative bubble fueled by hype around the FCC catalyst passing, but the fundamental metrics suggest the market is pricing in perfection that does not exist yet. Investors should be wary of chasing the highs given the lack of earnings support and the heavy hedging activity seen in the options chain. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.160456 |
| AutoTheta | 0.170364 |
| MSTL | 0.370585 |
| AutoETS | 0.372197 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 0.09 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.427 |
| Excess Kurtosis | -0.85 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 1.43 |
| Revenue per Share | 0.374 |
| Market Cap | 1,810,571,520 |
| Trailing P/E | 26.46 |
| Forward P/E | 44.82 |
| Beta | 0.85 |
| Profit Margins | 933.03% |
| Website | https://www.anterix.com |
As of Aug. 22, 2026, 1:27 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional bet. Call volume is heavily skewed toward deep out-of-the-money strikes (low strikes like 12.5 and 25.0) with massive implied volatility spikes, suggesting a fear of a crash or a speculative hope for a massive rally. Conversely, put volume is concentrated near the money and slightly out-of-the-money (strikes 85, 90, 95), indicating active hedging against a downside move. The imbalance in strike selection suggests traders are betting on a binary event—either a sharp drop or a parabolic surge—rather than a steady trend.
| Attribute | Value |
|---|---|
| 52 Week Change | 3.1760035 |
| Address1 | 3 Garret Mountain Plaza |
| Address2 | Suite 401 |
| All Time High | 113.0 |
| All Time Low | 17.58 |
| Ask | 118.38 |
| Ask Size | 2 |
| Audit Risk | 4 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 316,170 |
| Average Daily Volume3 Month | 445,027 |
| Average Volume | 445,027 |
| Average Volume10Days | 316,170 |
| Beta | 0.85 |
| Bid | 67.71 |
| Bid Size | 2 |
| Board Risk | 7 |
| Book Value | 14.618 |
| City | Woodland Park |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 92.33 |
| Current Ratio | 4.853 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 95.26 |
| Day Low | 91.6975 |
| Debt To Equity | 1.43 |
| Display Name | Anterix |
| Earnings Call Timestamp End | 1,786,539,600 |
| Earnings Call Timestamp Start | 1,786,539,600 |
| Earnings Growth | -0.993 |
| Earnings Quarterly Growth | -0.99 |
| Earnings Timestamp | 1,786,478,400 |
| Earnings Timestamp End | 1,794,427,200 |
| Earnings Timestamp Start | 1,794,427,200 |
| Ebitda | -40,318,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -43.269 |
| Enterprise To Revenue | 247.768 |
| Enterprise Value | 1,744,536,448 |
| Eps Forward | 2.06 |
| Eps Trailing Twelve Months | 3.49 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 94.9835 |
| Fifty Day Average Change | -2.6534958 |
| Fifty Day Average Change Percent | -0.027936388 |
| Fifty Two Week Change Percent | 317.60034 |
| Fifty Two Week High | 113.0 |
| Fifty Two Week High Change | -20.669998 |
| Fifty Two Week High Change Percent | -0.18292034 |
| Fifty Two Week Low | 17.58 |
| Fifty Two Week Low Change | 74.75 |
| Fifty Two Week Low Change Percent | 4.251991 |
| Fifty Two Week Range | 17.58 - 113.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,422,973,800,000 |
| Float Shares | 13,677,826 |
| Forward Eps | 2.06 |
| Forward P E | 44.82039 |
| Free Cashflow | -71,296,376 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 63 |
| Fullday Change | -2.34 |
| Fullday Change Percent | -2.47174 |
| Fullday Price | 92.33 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 1.0 |
| Gross Profits | 7,041,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02083 |
| Held Percent Institutions | 0.99327004 |
| Implied Shares Outstanding | 19,609,786 |
| Industry | Telecom Services |
| Industry Disp | Telecom Services |
| Industry Key | telecom-services |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,774,915,200 |
| Long Business Summary | Anterix Inc. operates as holder of licensed 900 MHz spectrum with coverage spanning the contiguous to utility and critical infrastructure enterprise customers in the United States, Hawaii, Alaska, and Puerto Rico. It offers TowerX, a tower site access services; CatalyX, a turnkey connectivity management solution; and Anterix Active Ecosystem. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is based in Woodland Park, New Jersey. |
| Long Name | Anterix Inc. |
| Market | us_market |
| Market Cap | 1,810,571,520 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_26792143 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 65,695,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 1,856,654,538 |
| Number Of Analyst Opinions | 3 |
| Open | 93.7 |
| Operating Cashflow | 10,696,000 |
| Operating Margins | -5.5658803 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 973 771 0300 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 92.33 |
| Post Market Time | 1,787,947,805 |
| Previous Close | 94.67 |
| Price Hint | 2 |
| Price To Book | 6.3161855 |
| Price To Sales Trailing12 Months | 257.14694 |
| Profit Margins | 9.33035 |
| Quick Ratio | 4.13 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.0 |
| Region | US |
| Regular Market Change | -2.34 |
| Regular Market Change Percent | -2.47174 |
| Regular Market Day High | 95.26 |
| Regular Market Day Low | 91.6975 |
| Regular Market Day Range | 91.6975 - 95.26 |
| Regular Market Open | 93.7 |
| Regular Market Previous Close | 94.67 |
| Regular Market Price | 92.33 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 200,797 |
| Return On Assets | -0.05942 |
| Return On Equity | 0.27922 |
| Revenue Growth | 0.381 |
| Revenue Per Share | 0.374 |
| Sand P52 Week Change | 0.1966995 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 19,609,786 |
| Shares Percent Shares Out | 0.0925 |
| Shares Short | 1,814,817 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 2,023,406 |
| Short Name | Anterix Inc. |
| Short Percent Of Float | 0.1498 |
| Short Ratio | 5.07 |
| Source Interval | 15 |
| State | NJ |
| Symbol | ATEX |
| Target High Price | 130.0 |
| Target Low Price | 86.0 |
| Target Mean Price | 112.33333 |
| Target Median Price | 121.0 |
| Total Cash | 116,010,000 |
| Total Cash Per Share | 5.916 |
| Total Debt | 4,088,000 |
| Total Revenue | 7,041,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 3.49 |
| Trailing P E | 26.455587 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 51.560726 |
| Two Hundred Day Average Change | 40.769276 |
| Two Hundred Day Average Change Percent | 0.7907041 |
| Type Disp | Equity |
| Volume | 200,797 |
| Website | https://www.anterix.com |
| Zip | 7,424 |