Altice USA Inc

Altice USA Inc Stock Forecast & Price Prediction

Live Altice USA Inc Stock (ATUS) Price
$2.40

18

Ratings

  • Buy 4
  • Hold 8
  • Sell 6
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.40

P/E Ratio

188.00

Volume Traded Today

$4.4M

Dividend

$2.035

52 Week High/low

3.66/1.52

Altice USA Inc Market Cap

$1.11B

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ATUS Summary

From what 18 stock analysts predict, the share price for Altice USA Inc (ATUS) might decrease by 5% in the next year. This is based on a 12-month average estimation for ATUS. Price targets go from $1 to $5. The majority of stock analysts believe ATUS is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

ATUS Analyst Ratings

Altice USA Inc has a total of 18 Wall St Analyst ratings. There are 4 buy ratings, 8 ratings, and 6 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Altice USA Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ATUS stock forecast by analyst

These are the latest 20 analyst ratings of ATUS.

Analyst/Firm

Rating

Price Target

Change

Date

Gregory Williams
TD Cowen

Buy

$3.5

Maintains

Nov 5, 2024
John Hodulik
UBS

Neutral

$2

Downgrade

Aug 2, 2024
James Ratcliffe
Evercore ISI Group

In-Line

$2

Maintains

Jul 2, 2024
James Schneider
Goldman Sachs

Sell

$2

Initiates

Jul 1, 2024
Alan Gould
Loop Capital

Hold

$2

Maintains

Apr 23, 2024
Sebastiano Petti
JP Morgan

Underweight


Downgrade

Apr 11, 2024
Kohulan Paramaguru
Exane BNP Paribas

Underperform

$1

Downgrade

Apr 9, 2024
Steven Cahall
Wells Fargo

Underweight

$1

Downgrade

Apr 5, 2024
James Ratcliffe
Evercore ISI Group

In-Line

$3

Maintains

Mar 26, 2024
Matthew Harrigan
Benchmark

Buy

$5

Reiterates

Mar 20, 2024
James Ratcliffe
Evercore ISI Group

In-Line

$3

Maintains

Feb 15, 2024
John Hodulik
UBS

Buy

$4

Maintains

Feb 15, 2024
Steven Cahall
Wells Fargo

Equal-Weight

$2

Maintains

Feb 15, 2024
Matthew Harrigan
Benchmark

Buy

$5

Maintains

Dec 29, 2023
Nicolas Cote-Colisson
HSBC

Reduce

$1.2

Downgrade

Nov 16, 2023
Benjamin Swinburne
Morgan Stanley

Equal-Weight

$3

Reiterates

Aug 4, 2023
Jeffrey Wlodarczak
Pivotal Research

Hold

$3

Maintains

May 5, 2023
Michael Rollins
Citigroup

Buy

$4.5

Maintains

May 5, 2023
Douglas Mitchelson
Credit Suisse

Neutral

$5

Reiterates

May 4, 2023
Alan Gould
Loop Capital

Hold

$3

Maintains

May 4, 2023

ATUS Company Information

What They Do: Provides broadband and video services.

Business Model: The company operates by offering a range of communication services including broadband, video, telephony, and mobile services to both residential and business customers. It generates revenue through subscription fees for its various services, advertising solutions, and enterprise offerings, leveraging its extensive network infrastructure across multiple regions.

Other Information: Altice USA primarily serves customers in the United States, Canada, Puerto Rico, and the Virgin Islands under the Optimum and Suddenlink brands. The company also differentiates itself by providing advanced features such as video-on-demand, high-definition channels, and managed services for businesses. Incorporated in 2015 and based in Long Island City, New York, it has also ventured into audience-based advertising and data analytics.
ATUS
Altice USA Inc (ATUS)

When did it IPO

2017

Staff Count

10,600

Country

United States

Sector/Industry

Communication Services/Telecom Services

CEO

Mr. Dennis Mathew

Market Cap

$1.11B

Altice USA Inc (ATUS) Financial Data

In 2023, ATUS generated $9.24B in revenue, which was a decrease of -4.26% from the previous year. This can be seen as a signal that ATUS's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$9.89B

Revenue From 2021

$10.09B

1.98 %
From Previous Year

Revenue From 2022

$9.65B

-4.39 %
From Previous Year

Revenue From 2023

$9.24B

-4.26 %
From Previous Year
  • Revenue TTM $9.02B
  • Operating Margin TTM 20.3%
  • Gross profit TTM $6.21B
  • Return on assets TTM 3.6%
  • Return on equity TTM -12.2%
  • Profit Margin -1.8%
  • Book Value Per Share -0.93%
  • Market capitalisation $1.11B
  • Revenue for 2021 $10.09B
  • Revenue for 2022 $9.65B
  • Revenue for 2023 $9.24B
  • EPS this year (TTM) $-0.37

Altice USA Inc (ATUS) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ATUS aims to expand 100% fiber broadband coverage to over two-thirds of its service area in the coming years.

Why It Matters - ATUS's expansion into 100% fiber broadband enhances its competitive edge, potentially boosting customer acquisition and revenue growth, which can positively impact stock performance.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Lightpath received a 5-Star Rating and a score of 97 on the 2024 GRESB Infrastructure Asset Benchmark, ranking first among private data transmission companies in the Americas.

Why It Matters - Lightpath's top score in the GRESB report signals strong operational performance and market leadership, enhancing its attractiveness to investors seeking growth in the fiber connectivity sector.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Optimum, a brand of Altice USA (NYSE: ATUS), has reached 500,000 residential customers on its 100% Fiber Internet network, available to 2.9 million homes in NY, NJ, and CT.

Why It Matters - Optimum's 500,000 residential customers on its fiber network signals strong demand and growth potential, enhancing Altice USA's market position and revenue prospects in the competitive telecom sector.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Altice USA, Inc. (ATUS) held its Q3 2024 earnings call, providing updates on financial performance and operational strategies. Further details can be found in the full transcript.

Why It Matters - Altice USA's Q3 earnings report reveals financial performance trends, impacting stock valuation and investor sentiment, crucial for assessing future growth potential and market position.

News Image

Wed, 06 Nov 2024

Sentiment - NEGATIVE

Source - Seeking Alpha

Summary - Altice USA's Q3 earnings revealed a 3.9% revenue decline and a GAAP EPS loss of $-0.09, missing estimates. The company faces concerns over $25B debt and low cash flow amid competitive pressures.

Why It Matters - Altice USA's declining revenue and EPS miss, coupled with high debt and low cash flow, signal financial instability, raising concerns about its turnaround potential amid industry challenges.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Altice USA (NYSE: ATUS) reported positive momentum in Q3 2024, highlighting improvements in fiber and mobile products, and efforts to strengthen networks and stabilize operations.

Why It Matters - Altice USA's positive Q3 results indicate operational stability and growth potential, particularly in fiber and mobile sectors, which could enhance investor confidence and stock performance.

...

ATUS Frequently asked questions

The highest forecasted price for ATUS is $5 from Brett Feldman at Goldman Sachs.

The lowest forecasted price for ATUS is $1 from Steven Cahall from Wells Fargo

The ATUS analyst ratings consensus are 4 buy ratings, 8 hold ratings, and 6 sell ratings.