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The latest update is out from Anterix ( (ATEX) ).
On August 12, 2025, Anterix announced its first quarter fiscal 2026 results, highlighting significant financial and operational achievements. The company reported approximately $137 million in contracted proceeds, with $10 million received during the first fiscal quarter and $70 million expected for the remainder of fiscal 2026. Anterix also exchanged narrowband for broadband licenses in 62 counties, resulting in a $33.9 million gain, and delivered broadband licenses covering 27 counties, recording a $1 million gain. With no debt and $41.4 million in cash and cash equivalents as of June 30, 2025, Anterix continues to advance a $3 billion pipeline of prospective contract opportunities.
The most recent analyst rating on (ATEX) stock is a Buy with a $67.00 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 overall score is driven by a positive outlook from its earnings call and strategic initiatives, offset by poor financial performance and bearish technical indicators. The company’s growth potential is hampered by ongoing losses and cash flow issues.
To see Spark’s full report on ATEX stock, click here.
More about Anterix
Anterix is a leading company working with utilities and technology firms to leverage 900 MHz broadband for modernized 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 uniquely positioned to provide private wireless broadband solutions that enhance advanced communications capabilities for a cleaner, safer, and more secure energy future.
Average Trading Volume: 170,946
Technical Sentiment Signal: Sell
Current Market Cap: $391.9M
Learn more about ATEX stock on TipRanks’ Stock Analysis page.