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Anterix ( (ATEX) ) has issued an update.
On March 25, 2026, Anterix’s subsidiary PDV Spectrum Holding sold a 900 MHz broadband license covering parts of Brazoria and Galveston counties in Texas to Texas‑New Mexico Power, enabling the utility to deploy a mission‑critical private wireless network. Announced publicly on April 1, 2026, the agreement embeds Anterix deeper into Texas grid‑modernization efforts, as TNMP joins a growing cohort of regional utilities using the platform to bolster outage response, real‑time system monitoring and integration of advanced energy technologies, reinforcing Anterix’s positioning as a leading connectivity provider for utility‑controlled, resilient power networks.
The most recent analyst rating on (ATEX) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on Anterix stock, see the ATEX Stock Forecast page.
Spark’s Take on ATEX Stock
According to Spark, TipRanks’ AI Analyst, ATEX is a Neutral.
ATEX scores a 65 driven primarily by a strong balance sheet and a positive earnings-call outlook (raised cash proceeds guidance, zero debt, and improving profitability narrative). Offsetting factors are weak and volatile cash flow despite reported profitability and stretched technical momentum signals, while valuation metrics offer limited support due to a negative P/E and no dividend yield provided.
To see Spark’s full report on ATEX stock, click here.
More about Anterix
Anterix Inc., listed on Nasdaq as ATEX, operates in the communications and critical infrastructure sector, specializing in mission‑critical private wireless broadband spectrum for utilities. The company provides secure, licensed 900 MHz spectrum and intelligent infrastructure solutions that aim to improve grid efficiency, resilience and digital transformation for utility customers across multiple U.S. states.
Average Trading Volume: 376,719
Technical Sentiment Signal: Buy
Current Market Cap: $715.4M
For an in-depth examination of ATEX stock, go to TipRanks’ Overview page.