Zacks Research Analysts Decrease Earnings Estimates for Altice USA, Inc. (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUSFree Report) – Analysts at Zacks Research cut their Q2 2025 earnings estimates for shares of Altice USA in a research report issued on Monday, April 1st. Zacks Research analyst R. Department now expects that the company will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for Altice USA’s current full-year earnings is $0.22 per share. Zacks Research also issued estimates for Altice USA’s Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.09 EPS and FY2026 earnings at $0.16 EPS.

Several other research analysts have also issued reports on the stock. BNP Paribas raised shares of Altice USA from an “underperform” rating to a “neutral” rating in a research note on Tuesday, February 27th. Wells Fargo & Company lowered their price objective on shares of Altice USA from $3.00 to $2.00 and set an “equal weight” rating on the stock in a report on Thursday, February 15th. Evercore ISI restated an “in-line” rating and set a $3.00 price objective on shares of Altice USA in a report on Tuesday, March 26th. Benchmark reiterated a “buy” rating and issued a $5.00 target price on shares of Altice USA in a report on Wednesday, March 20th. Finally, UBS Group reduced their price target on shares of Altice USA from $6.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $3.22.

Read Our Latest Stock Analysis on ATUS

Altice USA Stock Performance

NYSE:ATUS opened at $2.60 on Tuesday. The firm’s fifty day moving average is $2.46 and its 200-day moving average is $2.63. Altice USA has a 52 week low of $1.75 and a 52 week high of $3.82. The firm has a market cap of $1.19 billion, a P/E ratio of 21.67 and a beta of 1.36.

Altice USA (NYSE:ATUSGet Free Report) last posted its 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 negative return on equity of 12.81% and a net margin of 0.58%. The business 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 firm earned ($0.43) earnings per share. The company’s revenue was down 2.9% compared to the same quarter last year.

Institutional Trading of Altice USA

Several institutional investors have recently bought and sold shares of ATUS. AQR Capital Management LLC grew its holdings 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 buying an additional 10,106,315 shares in the last quarter. Redwood Capital Management LLC lifted its position in Altice USA by 163.1% in the second quarter. Redwood Capital Management LLC now owns 16,024,591 shares of the company’s stock worth $48,394,000 after buying an additional 9,934,099 shares during the last quarter. Bank of America Corp DE lifted its position in Altice USA by 916.5% in the first quarter. Bank of America Corp DE now owns 10,064,744 shares of the company’s stock worth $34,421,000 after buying an additional 9,074,653 shares during the last quarter. Hudson Bay Capital Management LP lifted its position in Altice USA by 3,035.2% in the first quarter. Hudson Bay Capital Management LP now owns 4,822,657 shares of the company’s stock worth $16,493,000 after buying an additional 4,668,832 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in Altice USA in the fourth quarter worth $13,667,000. 54.85% of the stock is owned by hedge funds and other institutional investors.

About Altice USA

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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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Earnings History and Estimates for Altice USA (NYSE:ATUS)

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