ADTRAN Holdings, Inc. (ADTN)
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-11-04
NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-11-04
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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 76% in its worst 12-month stretch.
View RiskADTN's cloud and AI push must keep compounding to justify the price. Revenue grew 0.6% year over year in the latest quarter. The company beat earnings estimates by $0.05. It trades at 16 times earnings versus a 38 times peer median. The price reflects less growth than we forecast. The operating margin pillar is under pressure. The thesis comparison is not yet verified. Peer multiples imply a price about 56% above where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. 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 Nov 2026).
Based on 4 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 2026-11-04. 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.
Compare the value case
Put ADTN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Achieve revenue guidance of $275M-$295M for Q3 2026
Official guidance confirms revenue and margin targets.
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 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $4.73
The last 12 months of price, then the range of analyst 12-month targets from today’s $4.73.
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.

Threatens: Achieve revenue guidance of $275M-$295M for Q3 2026
Revenue miss directly challenges Q3 guidance objective.

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.

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.