Optimum Communications, Inc. (OPTU)Communication Services | Telecom Services | Long Island City, United States | NYSE
1.07 USD
After hours: 1.05 -0.02 (-0.020%) ⇩ (July 13, 2026, 8 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:31 a.m. EDT
The investment case here is broken beyond repair. The company is hemorrhaging value with a massive GAAP loss driven by a $2.88 billion impairment charge, which wiped out nearly the entire market capitalization. Fundamentally, the business is deteriorating rapidly with negative earnings, shrinking revenues, and a debt load of $26.7 billion against only $1 billion in cash. The balance sheet is a fortress of liabilities, not assets, with a negative book value and a current ratio below 1.0, signaling imminent liquidity distress. The recent price action shows a desperate, failed attempt to rally following a tender offer, but the stock immediately collapsed back to lows, proving the market views this as a value trap rather than a turnaround. The statistical forecast offers no help, showing zero predictive power due to the extreme noise of the situation. Options activity confirms a 'sell the news' or 'bet on the bottom' scenario where traders are aggressively buying deep puts to insure against further ruin. There is no credible path to the $2.00 analyst target given the insolvency risks. This is a clear avoid; the company is likely facing delisting or bankruptcy proceedings soon. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.314931 |
| AutoTheta | 0.319420 |
| AutoETS | 0.319779 |
| MSTL | 0.328160 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 0.08 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.161 |
| Excess Kurtosis | -0.61 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Ex Dividend Date | 2018-06-06 |
| Last Dividend Date | 2018-06-06 |
| Revenue per Share | 18.105 |
| Market Cap | 418,929,632 |
| Forward P/E | -1.81 |
| Beta | 1.15 |
| Profit Margins | -55.01% |
| Previous Name | Altice USA, Inc. |
| Website | https://www.optimum.com |
As of July 11, 2026, 3:31 a.m. EDT: Speculators are positioning for a massive downside event, evidenced by heavy put volume and open interest concentrated deep out-of-the-money (strikes at $0.50 and $5.00). While there is some call activity at distant strikes ($5.00, $2.50), the overwhelming majority of capital is flowing into protection against a collapse rather than bets on a recovery. Implied volatility is significantly higher for puts than calls, indicating the market prices in a severe adverse move.
| Date | Dividend | Yield % |
|---|---|---|
| 2018-06-07 | 2.035 | 11.536282 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.59315586 |
| Address1 | 1 Court Square West |
| All Time High | 38.3 |
| All Time Low | 0.583 |
| Ask | 1.05 |
| Ask Size | 22,000 |
| Audit Risk | 6 |
| Average Analyst Rating | 3.5 - Hold |
| Average Daily Volume10 Day | 15,858,180 |
| Average Daily Volume3 Month | 11,057,919 |
| Average Volume | 11,057,919 |
| Average Volume10Days | 15,858,180 |
| Beta | 1.151 |
| Bid | 1.03 |
| Bid Size | 10,000 |
| Board Risk | 10 |
| Book Value | -10.917 |
| City | Long Island City |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.07 |
| Current Ratio | 0.849 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 1.08 |
| Day Low | 1.0 |
| Display Name | Optimum Communications |
| Earnings Call Timestamp End | 1,778,157,000 |
| Earnings Call Timestamp Start | 1,778,157,000 |
| Earnings Timestamp | 1,778,157,000 |
| Earnings Timestamp End | 1,786,019,400 |
| Earnings Timestamp Start | 1,786,019,400 |
| Ebitda | 3,246,181,120 |
| Ebitda Margins | 0.38174 |
| Enterprise To Ebitda | 8.064 |
| Enterprise To Revenue | 3.078 |
| Enterprise Value | 26,178,066,432 |
| Eps Current Year | -1.23 |
| Eps Forward | -0.59 |
| Eps Trailing Twelve Months | -9.94 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,528,329,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.14146 |
| Fifty Day Average Change | -0.07145989 |
| Fifty Day Average Change Percent | -0.06260394 |
| Fifty Two Week Change Percent | -59.315586 |
| Fifty Two Week High | 2.98 |
| Fifty Two Week High Change | -1.91 |
| Fifty Two Week High Change Percent | -0.6409396 |
| Fifty Two Week Low | 0.583 |
| Fifty Two Week Low Change | 0.48700005 |
| Fifty Two Week Low Change Percent | 0.83533454 |
| Fifty Two Week Range | 0.583 - 2.98 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,498,138,200,000 |
| Float Shares | 261,521,300 |
| Forward Eps | -0.59 |
| Forward P E | -1.8135595 |
| Free Cashflow | 89,411,128 |
| Full Exchange Name | NYSE |
| Full Time Employees | 9,500 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.69451 |
| Gross Profits | 5,905,774,080 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.093030006 |
| Held Percent Institutions | 1.04803 |
| Implied Shares Outstanding | 391,523,007 |
| Industry | Telecom Services |
| Industry Disp | Telecom Services |
| Industry Key | telecom-services |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,528,329,600 |
| Last Dividend Value | 2.035 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Optimum Communications, Inc., together with its subsidiaries, provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands. It provides 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 video programming services. It also provides voice over Internet protocol telephone services; local, regional, and long-distance calling services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services, including wide area networking and dedicated data access, and advanced services comprising wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Further, it provides hosted private branch exchange, technical support, network solutions, security and network access and equipment for SMB customers, and international calling and toll-free numbers services. Additionally, the company offers audience-based and multiscreen advertising solutions; news programming services; and data analytics, as well as operates news channels under the News 12 Networks names. Optimum Communications, Inc. was formerly known as Altice USA, Inc. and change its name to Optimum Communications, Inc. in November 2025. The company was incorporated in 2015 and is headquartered in Long Island City, New York. |
| Market | us_market |
| Market Cap | 418,929,632 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_25933 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -4,677,419,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 418,929,616 |
| Number Of Analyst Opinions | 9 |
| Open | 1.07 |
| Operating Cashflow | 1,211,256,960 |
| Operating Margins | 0.16941999 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.06 |
| Phone | 516 803 2300 |
| Post Market Change | -0.0200001 |
| Post Market Change Percent | -1.8691682 |
| Post Market Price | 1.05 |
| Post Market Time | 1,783,987,200 |
| Prev Name | Altice USA, Inc. |
| Previous Close | 1.07 |
| Price Eps Current Year | -0.8699187 |
| Price Hint | 4 |
| Price To Book | -0.09801228 |
| Price To Sales Trailing12 Months | 0.049265247 |
| Profit Margins | -0.55005 |
| Quick Ratio | 0.685 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.5 |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 1.08 |
| Regular Market Day Low | 1.0 |
| Regular Market Day Range | 1.0 - 1.08 |
| Regular Market Open | 1.07 |
| Regular Market Previous Close | 1.07 |
| Regular Market Price | 1.07 |
| Regular Market Time | 1,783,972,803 |
| Regular Market Volume | 6,436,565 |
| Return On Assets | 0.03277 |
| Revenue Growth | -0.04 |
| Revenue Per Share | 18.105 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 282,656,994 |
| Shares Percent Shares Out | 0.0639 |
| Shares Short | 25,009,311 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 37,039,453 |
| Short Name | Optimum Communications, Inc. |
| Short Percent Of Float | 0.2962 |
| Short Ratio | 1.2 |
| Source Interval | 15 |
| State | NY |
| Symbol | OPTU |
| Target High Price | 2.0 |
| Target Low Price | 0.5 |
| Target Mean Price | 1.18889 |
| Target Median Price | 1.0 |
| Total Cash | 1,048,633,984 |
| Total Cash Per Share | 2.201 |
| Total Debt | 26,687,852,544 |
| Total Revenue | 8,503,553,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -9.94 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.631065 |
| Two Hundred Day Average Change | -0.56106496 |
| Two Hundred Day Average Change Percent | -0.34398687 |
| Type Disp | Equity |
| Volume | 6,436,565 |
| Website | https://www.optimum.com |
| Zip | 11,101 |