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Altice USA Inc Market Cap
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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.
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