ATN International Inc (ATNI)
NASDAQ:ATNI
Top Page
ATN International
(NASDAQ:ATNI)
Select Model
Select Model
Rating:55Neutral
Price Target:
$29.00
▲(12.71% Upside)
Action:ReiteratedDate:03/06/26
ATNI scores mid-range primarily due to improving operating performance and a meaningful swing to positive free cash flow, but the overall profile is held back by ongoing net losses and higher leverage. Technicals support the broader uptrend, though overbought signals suggest near-term volatility. The dividend helps valuation, while earnings-call guidance and balance-sheet progress are constructive despite near-term EBITDA/headwind items.
Positive Factors
Free Cash Flow Turnaround
Trailing-twelve-month free cash flow turning meaningfully positive (~$44M) indicates the business now generates surplus cash after capex. That durability supports debt reduction, disciplined reinvestment (BEAD/co-invests), dividend maintenance and reduces refinancing risk over the next 2–6 months.
Negative Factors
Elevated Leverage
High absolute debt relative to a shrinking equity base constrains financial flexibility. Elevated leverage raises interest and covenant sensitivity, limits strategic optionality, and increases the need for asset sales or aggressive cash conversion to sustainably de-risk the balance sheet over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Turnaround
Trailing-twelve-month free cash flow turning meaningfully positive (~$44M) indicates the business now generates surplus cash after capex. That durability supports debt reduction, disciplined reinvestment (BEAD/co-invests), dividend maintenance and reduces refinancing risk over the next 2–6 months.
Read all positive factors
ATN International (ATNI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$429.06M
Dividend Yield4.63%
Average Volume (3M)61.12K
Price to Earnings (P/E)―
Beta (1Y)0.22
Revenue Growth-3.10%
EPS Growth66.00%
CountryUS
Employees2,300
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-0.32
Shares Outstanding15,367,611
10 Day Avg. Volume68,793
30 Day Avg. Volume61,123
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)0.78
Price to Sales (P/S)0.48
P/FCF Ratio7.92
Enterprise Value/Market Cap2.34
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit2.67
Enterprise Value/Ebitda6.15
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.38
Revenue Forecast (FY)$739.40M
ATN International Business Overview & Revenue Model
Company Description
ATN International, Inc., through its subsidiaries, provides telecommunications services. It operates in three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides fixed data and voice; fixed...
How the Company Makes Money
ATNI primarily makes money by selling connectivity services through its operating telecom subsidiaries. Key revenue streams include: (1) Wireless service revenue: recurring monthly charges and usage-based fees for mobile voice, messaging, and data...
ATN International Earnings Call Summary
Earnings Call Date:Mar 04, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 29, 2026
Earnings Call Sentiment Positive
The call conveyed meaningful operational progress: quarterly and full-year adjusted EBITDA growth, a clear improvement in operating income, stronger cash flow and a healthier balance sheet, along with strategic wins (BEAD commitments and a pending tower sale) and disciplined capital allocation. Offsetting these positives are continued net losses (albeit narrowed), limited top-line expansion (full-year revenue flat), ongoing subscriber headwinds from deliberate legacy service exits, near-term restructuring costs, and an expected ~$6–$8M reduction to recurring EBITDA from the tower sale and a ~$5M headwind from the end of USVI funding. Overall, the balance of evidence on the call points to improving fundamentals and increased financial flexibility, even as the company manages near-term transition costs and revenue mix shifts.Positive Updates
Quarterly and Full-Year Revenue Performance
Q4 total revenues grew 2% to $184.2 million (Q4 2024: $180.5M). Excluding construction and other revenues, communication service revenues increased ~3%. Full-year 2025 revenues were essentially flat at $728 million, in line with expectations.
Negative Updates
Overall Subscriber Base and Legacy Service Declines
Total broadband subscribers continue to decline due in part to deliberate transition away from legacy/subsidized consumer offerings and shutdowns of legacy copper/unprofitable consumer services, even as high-speed subscriber metrics improve.
Read all updates
Q4-2025 Updates
Positive
Negative
Quarterly and Full-Year Revenue Performance
Q4 total revenues grew 2% to $184.2 million (Q4 2024: $180.5M). Excluding construction and other revenues, communication service revenues increased ~3%. Full-year 2025 revenues were essentially flat at $728 million, in line with expectations.
Read all positive updates
Company Guidance
For 2026 ATN guided adjusted EBITDA to modestly increase from 2025 to a range of $190 million to $200 million (excluding the tower-sale impact), with an expected ~$5 million headwind from the conclusion of high-cost funding in the U.S. Virgin Islands; the announced pending sale of 214 Southwest towers (up to $297 million total consideration, with initial gross proceeds expected to be ~$250–$270 million on a Q2 2026 initial closing) would likely reduce annual adjusted EBITDA by roughly $6–$8 million if the initial closing occurs in Q2. Management expects capital expenditures of $105 million to $115 million (net of reimbursements), plans to incur $3–$4 million of restructuring/reorganization charges mostly in Q1, sees Q1 adjusted EBITDA improving year-over-year with the bulk of results back‑loaded to the second half of 2026 due to seasonality, and will revisit guidance after the tower-sale initial closing; BEAD-related builds are expected to contribute in 2027+ with ATN investing approximately 10%–15% of project costs.ATN International Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
42
Neutral
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 727.98M | 729.08M | 762.22M | 725.75M | 602.71M |
| Gross Profit | 271.70M | 412.95M | 432.15M | 397.09M | 317.33M |
| EBITDA | 181.50M | 144.82M | 169.41M | 160.51M | 97.43M |
| Net Income | -14.91M | -26.43M | -14.54M | -5.64M | -22.11M |
Balance Sheet | |||||
| Total Assets | 1.67B | 1.73B | 1.78B | 1.71B | 1.61B |
| Cash, Cash Equivalents and Short-Term Investments | 117.15M | 73.69M | 49.52M | 54.96M | 79.90M |
| Total Debt | 693.95M | 695.25M | 655.02M | 566.02M | 474.46M |
| Total Liabilities | 1.03B | 1.06B | 1.06B | 938.57M | 833.41M |
| Stockholders Equity | 444.29M | 489.49M | 541.07M | 580.81M | 601.25M |
Cash Flow | |||||
| Free Cash Flow | 43.91M | 16.97M | -51.66M | -58.27M | -25.59M |
| Operating Cash Flow | 133.94M | 127.92M | 111.63M | 102.91M | 80.55M |
| Investing Cash Flow | -86.83M | -103.75M | -165.11M | -167.25M | -426.58M |
| Financing Cash Flow | -19.05M | 2.91M | 55.92M | 43.36M | 321.73M |
ATN International Technical Analysis
Positive
25.73
Price Trends
25.71
Positive
23.16
Positive
19.49
Positive
Market Momentum
0.23
Negative
59.32
Neutral
85.88
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATNI, the sentiment is Positive. The current price of 25.73 is below the 20-day moving average (MA) of 26.50, above the 50-day MA of 25.71, and above the 200-day MA of 19.49, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 59.32 is Neutral, neither overbought nor oversold. The STOCH value of 85.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATNI.
ATN International Risk Analysis
ATN International disclosed 21 risk factors in its most recent earnings report. ATN International reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
ATN International Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $175.68M | 18.42 | 11.24% | ― | 17.27% | 39.41% | |
65 Neutral | $759.99M | -15.45 | 39.78% | ― | 5.67% | ― | |
62 Neutral | $1.02B | ― | -7.83% | ― | 5.81% | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
55 Neutral | $429.06M | -23.34 | -3.26% | 4.63% | -3.10% | 66.00% | |
51 Neutral | $386.33M | 12.80 | 10.15% | ― | 7.38% | 20.81% |
* Communication Services Sector Average
ATNI
ATN International
27.92
7.76
38.47%
RDCM
Radcom
10.96
-1.23
-10.09%
SIFY
Sify Technologies
14.06
9.79
229.27%
RBBN
Ribbon Communications
2.20
-1.87
-45.95%
ATEX
Anterix
40.57
3.20
8.56%
ATN International Corporate Events
Business Operations and StrategyM&A Transactions
ATN International to Divest Southwestern Tower Portfolio for Cash
Positive
Feb 13, 2026
On February 11, 2026, subsidiaries of ATN International signed a purchase and sale agreement to divest approximately 214 Southwestern U.S. towers and related operations—representing most of Commnet’s tower portfolio—to an affilia...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.