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An update from Anterix ( (ATEX) ) is now available.
On April 6, 2026, Anterix announced that subsidiary PDV Spectrum Holding sold 900 MHz broadband licenses to NorthWestern Energy, covering portions of Montana, South Dakota, and Wyoming. The deal includes a 6 MHz broadband configuration in nine counties and a 10 MHz configuration elsewhere, following recent FCC approval expanding Anterix’s 900 MHz allocation.
The NorthWestern Energy agreement marks the first planned deployment of Anterix’s 10 MHz broadband configuration, nearly doubling capacity available to utilities for private wireless grid communications. As the tenth utility to secure Anterix spectrum, NorthWestern’s adoption underscores a broader industry shift toward private, utility‑controlled networks to modernize grids, enhance wildfire‑risk monitoring, and improve outage response over vast, remote territories.
The most recent analyst rating on (ATEX) stock is a Hold with a $41.00 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.
The score is primarily held back by financial quality concerns—especially negative TTM operating/free cash flow and volatile, recently declining revenue—despite a strong low-debt balance sheet and sharply improved TTM profitability. Technicals are moderately supportive with an uptrend and positive MACD. The earnings call was constructive (higher cash proceeds guidance, OpEx cuts, commercial momentum), but regulatory and execution timing risks remain. Valuation is a secondary drag given the negative P/E and no dividend support.
To see Spark’s full report on ATEX stock, click here.
More about Anterix
Anterix Inc., based in Woodland Park, N.J., is a market leader in mission‑critical private wireless broadband spectrum for the utility sector. The company provides licensed 900 MHz spectrum and advanced intelligent infrastructure solutions that support secure, utility‑controlled networks aimed at improving grid efficiency, resilience, and digital transformation across critical energy infrastructure.
Average Trading Volume: 374,371
Technical Sentiment Signal: Buy
Current Market Cap: $756.6M
Learn more about ATEX stock on TipRanks’ Stock Analysis page.