Altice USA, Inc. (NYSE:ATUS – Free Report) – Research analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of Altice USA in a research note issued on Tuesday, January 7th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of ($0.03) for the quarter, up from their prior forecast of ($0.11). The consensus estimate for Altice USA’s current full-year earnings is ($0.01) per share. Zacks Research also issued estimates for Altice USA’s Q4 2026 earnings at $0.09 EPS and FY2026 earnings at ($0.08) EPS.
A number of other research firms have also commented on ATUS. TD Cowen lowered their price target on shares of Altice USA from $6.00 to $3.50 and set a “buy” rating for the company in a report on Tuesday, November 5th. Citigroup upped their price objective on shares of Altice USA from $2.50 to $3.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Five investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Altice USA has a consensus rating of “Hold” and an average price target of $2.30.
Altice USA Stock Performance
Shares of ATUS stock opened at $2.48 on Thursday. The company has a market capitalization of $1.14 billion, a P/E ratio of -6.70 and a beta of 1.50. Altice USA has a fifty-two week low of $1.52 and a fifty-two week high of $3.18. The stock has a 50 day moving average price of $2.53 and a two-hundred day moving average price of $2.22.
Altice USA (NYSE:ATUS – Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.13). The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Altice USA had a negative return on equity of 1.54% and a negative net margin of 1.85%. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 EPS.
Insider Buying and Selling
In other Altice USA news, Director Alt S.A.R.L. Next sold 805,230 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $24.50, for a total transaction of $19,728,135.00. Following the completion of the transaction, the director now owns 6,651,882 shares of the company’s stock, valued at approximately $162,971,109. This trade represents a 10.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 15,299,331 shares of company stock valued at $374,833,610 over the last three months. Corporate insiders own 52.90% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of ATUS. Massachusetts Financial Services Co. MA grew its holdings in Altice USA by 0.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 5,669,487 shares of the company’s stock worth $11,566,000 after purchasing an additional 24,501 shares during the period. Cerberus Capital Management L.P. grew its stake in shares of Altice USA by 6.8% in the 3rd quarter. Cerberus Capital Management L.P. now owns 3,940,785 shares of the company’s stock worth $9,694,000 after buying an additional 250,000 shares during the last quarter. 140 Summer Partners LP bought a new position in Altice USA during the 3rd quarter valued at approximately $9,004,000. LMR Partners LLP raised its stake in Altice USA by 217.5% during the third quarter. LMR Partners LLP now owns 3,000,000 shares of the company’s stock valued at $7,380,000 after buying an additional 2,055,000 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Altice USA by 7.7% in the third quarter. Geode Capital Management LLC now owns 2,682,757 shares of the company’s stock worth $6,602,000 after acquiring an additional 191,508 shares in the last quarter. 54.85% of the stock is owned by hedge funds and other institutional investors.
About Altice USA
Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.
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