Brokers Offer Predictions for Altice USA, Inc.’s FY2026 Earnings (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUS) – Equities researchers at Zacks Research decreased their FY2026 earnings estimates for Altice USA in a report released on Tuesday, October 8th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.06 for the year, down from their previous forecast of $0.07. The consensus estimate for Altice USA’s current full-year earnings is $0.10 per share.

Several other analysts also recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Altice USA in a research report on Monday, July 1st. They issued a “sell” rating and a $2.00 price objective for the company. UBS Group lowered shares of Altice USA from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $4.00 to $2.00 in a research note on Friday, August 2nd. Finally, Evercore ISI dropped their price target on shares of Altice USA from $3.00 to $2.00 and set an “in-line” rating for the company in a research note on Tuesday, July 2nd. Six research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $1.97.

Altice USA Stock Down 2.4 %

Shares of NYSE:ATUS opened at $2.45 on Friday. Altice USA has a 52-week low of $1.52 and a 52-week high of $3.66. The company has a 50 day moving average of $2.04 and a two-hundred day moving average of $2.11. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 245.00, a price-to-earnings-growth ratio of 3.27 and a beta of 1.53.

Altice USA (NYSE:ATUS) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.05). Altice USA had a negative net margin of 0.62% and a negative return on equity of 1.54%. The firm had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period last year, the business earned $0.17 EPS. The firm’s revenue was down 3.6% compared to the same quarter last year.

Hedge Funds Weigh In On Altice USA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC bought a new position in Altice USA in the 2nd quarter worth approximately $25,000. Quadrature Capital Ltd bought a new position in Altice USA during the 4th quarter valued at $47,000. Headlands Technologies LLC bought a new position in Altice USA during the 1st quarter valued at $46,000. SG Americas Securities LLC boosted its stake in Altice USA by 45.2% during the 1st quarter. SG Americas Securities LLC now owns 58,098 shares of the company’s stock valued at $152,000 after purchasing an additional 18,080 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in Altice USA by 102.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 36,000 shares of the company’s stock valued at $89,000 after purchasing an additional 18,200 shares in the last quarter. 54.85% of the stock is owned by institutional investors.

Altice USA Company Profile

Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers 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 platforms for video programming through mobile applications.