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An update from Anterix ( (ATEX) ) is now available.
On February 2, 2026, Anterix announced that its subsidiary PDV Spectrum Holding Company sold a 900 MHz broadband spectrum license covering Bexar County, Texas, to CPS Energy under a spectrum purchase agreement that will allow the utility to build a mission‑critical private wireless broadband network. The deal advances CPS Energy’s grid automation and digital transformation strategy by enabling advanced field automation, faster outage detection and restoration, and real-time situational awareness, while also marking a key milestone for Anterix’s AnterixAccelerator funding program and reinforcing the company’s role at the center of a growing national shift toward utility-owned 900 MHz private wireless networks, now spanning 15 states and covering more than 93% of Texas counties through Anterix’s utility partners.
The most recent analyst rating on (ATEX) stock is a Buy with a $32.00 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 held back primarily by weak profitability and negative operating/free cash flow despite a stable, low-leverage balance sheet. Offsetting factors include strong price trend with positive MACD (though RSI is overbought), an attractive low P/E, and a generally positive earnings-call outlook around spectrum monetization and contracted proceeds tempered by clearing costs and licensing timing uncertainty.
To see Spark’s full report on ATEX stock, click here.
More about Anterix
Anterix is a U.S.-based connectivity provider focused on critical infrastructure, serving primarily the utility sector with secure, private 900 MHz licensed spectrum and advanced intelligent infrastructure solutions. Positioning itself as a leading partner for utilities undergoing digital transformation, the company offers communications platforms designed to enhance operational efficiency, strengthen grid resilience and reliability, and support the modernization of energy systems through a growing ecosystem of technology partners.
Average Trading Volume: 255,785
Technical Sentiment Signal: Hold
Current Market Cap: $491.6M
For an in-depth examination of ATEX stock, go to TipRanks’ Overview page.