FY2026 EPS Estimates for Altice USA, Inc. Cut by Zacks Research (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUS) – Analysts at Zacks Research decreased their FY2026 EPS estimates for Altice USA in a research note issued on Monday, April 15th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.14 for the year, down from their prior estimate of $0.16. The consensus estimate for Altice USA’s current full-year earnings is $0.22 per share.

ATUS has been the topic of several other research reports. Benchmark reaffirmed a “buy” rating and issued a $5.00 price objective on shares of Altice USA in a research report on Wednesday, March 20th. BNP Paribas downgraded shares of Altice USA from a “neutral” rating to an “underperform” rating and set a $1.00 target price for the company. in a research note on Tuesday, April 9th. Evercore ISI reiterated an “in-line” rating and issued a $3.00 target price on shares of Altice USA in a research note on Tuesday, March 26th. UBS Group reduced their target price on shares of Altice USA from $6.00 to $4.00 and set a “buy” rating for the company in a research note on Thursday, February 15th. Finally, Wells Fargo & Company cut shares of Altice USA from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $2.00 to $1.00 in a research note on Friday, April 5th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, Altice USA currently has an average rating of “Hold” and a consensus target price of $2.90.

Altice USA Stock Performance

Shares of ATUS stock opened at $1.95 on Tuesday. The firm has a market cap of $889.43 million, a price-to-earnings ratio of 16.25 and a beta of 1.35. Altice USA has a 52 week low of $1.75 and a 52 week high of $3.82. The firm’s 50-day simple moving average is $2.43 and its two-hundred day simple moving average is $2.55.

Altice USA (NYSE:ATUS) last released its quarterly earnings results on Wednesday, February 14th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.33). Altice USA had a net margin of 0.58% and a negative return on equity of 12.81%. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the business earned ($0.43) earnings per share. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis.

Institutional Investors Weigh In On Altice USA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Altice USA by 514.8% during the 4th quarter. AQR Capital Management LLC now owns 12,069,565 shares of the company’s stock valued at $54,494,000 after acquiring an additional 10,106,315 shares during the period. Bank of America Corp DE lifted its stake in shares of Altice USA by 916.5% in the 1st quarter. Bank of America Corp DE now owns 10,064,744 shares of the company’s stock worth $34,421,000 after purchasing an additional 9,074,653 shares during the period. Hudson Bay Capital Management LP lifted its stake in shares of Altice USA by 3,035.2% in the 1st quarter. Hudson Bay Capital Management LP now owns 4,822,657 shares of the company’s stock worth $16,493,000 after purchasing an additional 4,668,832 shares during the period. Balyasny Asset Management L.P. bought a new position in shares of Altice USA in the 4th quarter worth approximately $13,667,000. Finally, Morgan Stanley lifted its stake in shares of Altice USA by 102.8% in the 4th quarter. Morgan Stanley now owns 7,544,069 shares of the company’s stock worth $34,703,000 after purchasing an additional 3,823,987 shares during the period. 54.85% of the stock is currently owned by institutional investors.

Altice USA Company Profile

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.