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Anterix ( (ATEX) ) has shared an announcement.
On November 12, 2025, Anterix announced its second quarter fiscal 2026 results, highlighting significant financial and operational achievements. The company reported receiving $29 million in contracted proceeds, with $114 million outstanding, and accelerated $19 million into fiscal 2026. Anterix launched TowerXTM and CatalyX®, solutions targeting a $1 billion market opportunity, and exchanged narrowband for broadband licenses in 99 counties, recording a $60 million gain. Additionally, Anterix delivered broadband licenses covering 26 counties, resulting in an $11 million gain, and invested $13 million in spectrum clearing costs. The company continues to advance a $3 billion pipeline of prospective contracts with over 60 potential customers, maintaining a strong liquidity position with $39.1 million in cash and no debt as of September 30, 2025.
The most recent analyst rating on (ATEX) stock is a Hold with a $21.50 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 reflects strong earnings call insights and reasonable valuation, offset by financial performance challenges and bearish technical indicators. Strategic initiatives show promise, but cash flow and revenue growth need improvement.
To see Spark’s full report on ATEX stock, click here.
More about Anterix
Anterix Inc. operates in the telecommunications industry, focusing on providing private wireless broadband solutions for utilities using the 900 MHz spectrum. As the largest holder of licensed spectrum in this band across the contiguous United States, Alaska, Hawaii, and Puerto Rico, Anterix collaborates with utilities and technology companies to modernize grid solutions and enhance advanced communications capabilities.
Average Trading Volume: 211,190
Technical Sentiment Signal: Sell
Current Market Cap: $339.9M
Find detailed analytics on ATEX stock on TipRanks’ Stock Analysis page.