Anterix Inc. (ATEX)
NASDAQ:ATEX
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ATEX Stock Chart & Stats
$35.89
$0.06(0.20%)
At close: 4:00 PM EST
$35.89
$0.06(0.20%)
Day’s Range― - ―
52-Week Range$17.58 - $53.20
Previous CloseN/A
Volume12.87K
Average Volume (3M)289.06K
Market Cap
$972.61M
Enterprise Value$942.60M
Total Cash (Recent Filing)$37.89M
Total Debt (Recent Filing)$7.88M
Price to Earnings (P/E)―
Beta0.43
Next Earnings
Jun 17, 2026EPS Estimate
-0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.36
Shares Outstanding18,732,890
10 Day Avg. Volume351,741
30 Day Avg. Volume289,058
Financial Highlights & Ratios
PEG Ratio-2.44
Price to Book (P/B)4.34
Price to Sales (P/S)112.65
P/FCF Ratio-14.32
Enterprise Value/Market Cap0.97
Enterprise Value/Revenue158.90
Enterprise Value/Gross Profit158.90
Enterprise Value/Ebitda-22.83
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-1.86
Revenue Forecast (FY)$6.68M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthAnterix’s zero-debt position with ~$30M cash and raised projected cash proceeds to $120M materially strengthens financial flexibility. This reduces refinancing risk, funds continued license clearing and product investment, and gives runway to support multi-year utility deployment timelines if collections proceed.
Licensed Spectrum & FCC ExpansionThe FCC’s shift to enable 10 MHz broadband meaningfully increases Anterix’s spectrum capacity per market, improving throughput and device scaling economics. Structurally this expands addressable use cases for utilities, raises long-term TAM for private LTE and supports multi-year adoption for grid modernization and IoT connectivity.
Commercial Momentum & Contract PipelineA $400M flagship contract backlog and recent multi-utility license sales demonstrate durable commercial traction. Long-term spectrum access agreements provide predictable contracted payments and favorable cash terms (e.g., 50% upfront CPS), underpinning potential recurring revenues as more utilities deploy private networks.
Bears Say
Negative Cash Flow & Cash BurnPersistent negative TTM operating and free cash flow raises concerns about cash conversion and earnings quality. If customer collections or upfront payments lag, the company may need external funding for continued spectrum clearing and product rollouts, which could dilute returns or slow deployments over the medium term.
Volatile, Small Revenue BaseAnterix’s revenue base is still modest and volatile, with a sharp TTM decline despite earlier growth. A small, lumpy revenue profile limits margin stability and makes multi-quarter forecasting difficult, increasing reliance on a few large transactions to sustain profitable operations over the coming months.
Execution & Regulatory RiskThe company’s growth depends on regulatory clarity and slow-moving utility procurement. A pending FCC outcome and protracted utility decision cycles, plus deployment challenges (tower access, SIM management), can delay revenue realization and concentrate execution risk among a few large customers, pressuring timelines and margins.
Anterix News
ATEX FAQ
What was Anterix Inc.’s price range in the past 12 months?
Anterix Inc. lowest stock price was $17.58 and its highest was $53.20 in the past 12 months.
What is Anterix Inc.’s market cap?
Anterix Inc.’s market cap is $972.61M.
When is Anterix Inc.’s upcoming earnings report date?
Anterix Inc.’s upcoming earnings report date is Jun 17, 2026 which is in 41 days.
How were Anterix Inc.’s earnings last quarter?
Anterix Inc. released its earnings results on Feb 11, 2026. The company reported -$0.35 earnings per share for the quarter, beating the consensus estimate of -$0.55 by $0.2.
Is Anterix Inc. overvalued?
According to Wall Street analysts Anterix Inc.’s price is currently Overvalued.
Does Anterix Inc. pay dividends?
Anterix Inc. does not currently pay dividends.
What is Anterix Inc.’s EPS estimate?
Anterix Inc.’s EPS estimate is -0.42.
How many shares outstanding does Anterix Inc. have?
Anterix Inc. has 18,732,890 shares outstanding.
What happened to Anterix Inc.’s price movement after its last earnings report?
Anterix Inc. reported an EPS of -$0.35 in its last earnings report, beating expectations of -$0.55. Following the earnings report the stock price went down -1.448%.
Which hedge fund is a major shareholder of Anterix Inc.?
Currently, no hedge funds are holding shares in ATEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Anterix Stock Smart Score
Outperform
1
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4
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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
― (―)
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Blogger Sentiment
Bullish
ATEX Sentiment 100%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 98.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 16.4%
Last 30 Days ▲ 16.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.49%
12-Months-Change
Fundamentals
Return on Equity
39.78%
Trailing 12-Months
Asset Growth
27.65%
Trailing 12-Months
Company Description
Anterix Inc.
Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.
ATEX Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational and financial progress — a 20% reduction in operating expenses, improved cash guidance (+20% to $120M), zero debt, significant contract value ($400M across eight flagship customers), and product/regulatory momentum (Anterix Accelerator, new products, FCC consideration for 10 MHz). Management highlighted real-world deployments (Evergy scaling from ~4.5k devices toward 1M+), an improved balance sheet, and positioning for positive GAAP net income. Key risks noted include near-term regulatory uncertainty (pending Feb 18 FCC decision), longer decision cycles for the largest utilities, operational deployment friction at customer sites, and potential incremental spectrum acquisition costs in some markets. Overall, the positives — cost discipline, strengthened balance sheet, commercial wins, product launches, and regulatory progress — outweigh the outlined challenges, though execution and regulatory outcomes remain important near-term catalysts to realize the opportunity.View all ATEX earnings summariesATEX Stock 12 Month Forecast
Average Price Target
―Technical Analysis
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Ownership Overview
40.58% Insiders
9.75% Mutual Funds
1.87% Other Institutional Investors
39.08% Public Companies and Individual Investors