ADTN Stock Summary and Trading Ideas (Adtran Holdings | NASDAQ:ADTN)

Adtran Holdings Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products that enable a digital future that supports the company's Subscriber, Access & Aggregation, and Optical Networking Solutions; and Services & Support Segment which includes network design, implementation, maintenance and cloud-hosted services supporting the company's Subscriber, Access & Aggregation, and Optical Networking Solutions.

Adtran Holdings trades on the NASDAQ stock market under the symbol ADTN.

As of January 15, 2025, ADTN stock price climbed to $10.15 with 368,272 million shares trading.

ADTN has a beta of 1.50, meaning it tends to be more sensitive to market movements. ADTN has a correlation of 0.11 to the broad based SPY ETF.

ADTN has a market cap of $804.21 million. This is considered a Small Cap stock.

Last quarter Adtran Holdings reported $228 million in Revenue and -$.05 earnings per share. This beat revenue expectation by $784,000 and missed earnings estimates by -$.01.

In the last 3 years, ADTN traded as high as $25.47 and as low as $4.34.

The top ETF exchange traded funds that ADTN belongs to (by Net Assets): IWM, VTI, VGT, VXF, IWN.

ADTN has outperformed the market in the last year with a price return of +42.2% while the SPY ETF gained +25.4%. ADTN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +70.6% and +21.8%, respectively, while the SPY returned +1.4% and +0.8%, respectively.

ADTN support price is $9.61 and resistance is $10.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADTN shares will trade within this expected range on the day.