Zacks Research Has Positive View of Altice USA Q1 Earnings

Altice USA, Inc. (NYSE:ATUS) – Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Altice USA in a research note issued on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the company will earn ($0.03) per share for the quarter, up from their previous estimate of ($0.11). The consensus estimate for Altice USA’s current full-year earnings is ($0.01) per share. Zacks Research also issued estimates for Altice USA’s Q4 2026 earnings at $0.09 EPS and FY2026 earnings at ($0.08) EPS.

A number of other equities research analysts also recently weighed in on ATUS. TD Cowen cut their target price on Altice USA from $6.00 to $3.50 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Citigroup upped their price objective on Altice USA from $2.50 to $3.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Five investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Altice USA currently has a consensus rating of “Hold” and a consensus price target of $2.30.

Altice USA Trading Down 2.4 %

Shares of NYSE:ATUS opened at $2.43 on Thursday. Altice USA has a twelve month low of $1.52 and a twelve month high of $3.18. The firm has a market cap of $1.12 billion, a P/E ratio of -6.57 and a beta of 1.50. The company has a 50 day moving average of $2.53 and a 200-day moving average of $2.23.

Altice USA (NYSE:ATUS) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.13). The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.24 billion. Altice USA had a negative return on equity of 1.54% and a negative net margin of 1.85%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.15 EPS.

Insider Activity at Altice USA

In other Altice USA news, Director Alt S.A.R.L. Next sold 805,230 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $24.50, for a total transaction of $19,728,135.00. Following the completion of the sale, the director now directly owns 6,651,882 shares of the company’s stock, valued at approximately $162,971,109. This represents a 10.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 15,299,331 shares of company stock worth $374,833,610 in the last quarter. 52.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Altice USA

A number of large investors have recently made changes to their positions in ATUS. 140 Summer Partners LP purchased a new position in Altice USA during the 3rd quarter worth approximately $9,004,000. King Street Capital Management L.P. purchased a new position in shares of Altice USA during the second quarter valued at $5,100,000. LMR Partners LLP raised its position in Altice USA by 217.5% during the third quarter. LMR Partners LLP now owns 3,000,000 shares of the company’s stock valued at $7,380,000 after buying an additional 2,055,000 shares during the period. Empyrean Capital Partners LP purchased a new stake in Altice USA in the 2nd quarter worth about $4,080,000. Finally, JPMorgan Chase & Co. boosted its position in Altice USA by 1,617.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,902,834 shares of the company’s stock worth $4,681,000 after acquiring an additional 1,792,054 shares during the period. Institutional investors and hedge funds own 54.85% of the company’s stock.

About Altice USA

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.