Adtran Announces $175 Million Convertible Notes Offering

An update from Adtran ( (ADTN) ) is now available.

On September 16, 2025, Adtran Holdings, Inc. announced the Sixth Amendment to its Wells Fargo Credit Agreement, allowing the issuance of $230 million in new unsecured convertible debt. This move aims to repay outstanding loans and finance the purchase of additional shares in its German subsidiary, Adtran Networks SE. Additionally, on September 17, 2025, ADTRAN announced the pricing of a $175 million convertible senior notes offering, with plans to use proceeds to repay borrowings and fund capped call transactions to mitigate stock dilution. This strategic financial maneuvering is expected to enhance ADTRAN’s financial flexibility and market positioning.

The most recent analyst rating on (ADTN) stock is a Hold with a $9.50 price target. To see the full list of analyst forecasts on Adtran stock, see the ADTN Stock Forecast page.

Spark’s Take on ADTN Stock

According to Spark, TipRanks’ AI Analyst, ADTN is a Neutral.

Adtran’s overall stock score is driven by its strong earnings call performance, highlighting revenue growth and customer acquisitions. However, significant profitability challenges and a negative P/E ratio weigh down the score. Technical indicators suggest a neutral trend, while cash flow resilience provides some support.

To see Spark’s full report on ADTN stock, click here.

More about Adtran

ADTRAN Holdings, Inc. is a global provider of open, disaggregated networking and communications solutions, enabling voice, data, video, and internet communications across any network infrastructure. The company serves communications service providers, private enterprises, government organizations, and millions of individual users worldwide.

Average Trading Volume: 1,111,647

Technical Sentiment Signal: Hold

Current Market Cap: $835.7M

Learn more about ADTN stock on TipRanks’ Stock Analysis page.