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Shenandoah Telecommunications Co ( (SHEN) ) just unveiled an announcement.
On July 29, 2025, Shenandoah Telecommunications Company announced a leadership transition effective September 1, 2025, with Christopher E. French stepping into the role of Executive Chairman while Edward H. McKay will become the new President and CEO. Mr. McKay, who has been with Shentel since 2004 and has extensive experience in the telecommunications industry, will lead the company forward, focusing on growth and innovation. This strategic leadership change is part of Shentel’s succession planning to ensure continuity and sustained strategic direction, aiming to enhance the company’s growth and value delivery to customers and shareholders.
The most recent analyst rating on (SHEN) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Shenandoah Telecommunications Co stock, see the SHEN Stock Forecast page.
Spark’s Take on SHEN Stock
According to Spark, TipRanks’ AI Analyst, SHEN is a Neutral.
The overall stock score of 61.9 reflects a mix of strong technical momentum and positive earnings call highlights, offset by challenges in valuation and financial performance. While the company shows promise with its growth initiatives, profitability and cash flow issues need addressing. The recent corporate changes are a positive development, potentially strengthening future performance.
To see Spark’s full report on SHEN stock, click here.
More about Shenandoah Telecommunications Co
Shenandoah Telecommunications Company provides broadband services through its high-speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. The Company’s services include broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 17,700 route miles of fiber.
Average Trading Volume: 303,392
Technical Sentiment Signal: Sell
Current Market Cap: $811.9M
See more data about SHEN stock on TipRanks’ Stock Analysis page.