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The latest announcement is out from Anterix ( (ATEX) ).
On June 24, 2025, Anterix announced its fiscal year 2025 financial results, highlighting significant achievements such as new spectrum sale agreements and milestone payments from major utility companies. The company also launched the AnterixAccelerator™ initiative to promote utility adoption of private broadband networks, which has gained substantial interest. Anterix’s strategic review process is ongoing, and the company has a strong pipeline of prospective contract opportunities. Financially, Anterix reported no debt and substantial cash reserves, with a share repurchase program in place.
The most recent analyst rating on (ATEX) stock is a Buy with a $61.00 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.
Anterix’s stock is currently struggling due to financial performance challenges, including profitability and cash flow issues. The technical indicators suggest a bearish trend, and valuation metrics are weak with a negative P/E ratio. However, the earnings call provided some positive insights into strategic initiatives and financial stability, which could support future improvement. Overall, significant efforts are needed to enhance profitability and cash flow management.
To see Spark’s full report on ATEX stock, click here.
More about Anterix
Anterix Inc. is a company that collaborates with leading utilities and technology firms to leverage the 900 MHz broadband for modern grid solutions. As the largest holder of licensed spectrum in the 900 MHz band across the contiguous United States, Alaska, Hawaii, and Puerto Rico, Anterix is positioned to offer private wireless broadband solutions aimed at enhancing advanced communications for a cleaner, safer, and more secure energy future.
Average Trading Volume: 129,638
Technical Sentiment Signal: Sell
Current Market Cap: $513.1M
Find detailed analytics on ATEX stock on TipRanks’ Stock Analysis page.