ADTRAN traded at $9.85 this Friday July 24th, decreasing $0.30 or 2.96 percent since the previous trading session. Looking back, over the last four weeks, ADTRAN lost 29.84 percent. Over the last 12 months, its price rose by 6.72 percent. Looking ahead, we forecast ADTRAN to be priced at 9.64 by the end of this quarter and at 9.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
ADTRAN, Inc. (ADTRAN) is a provider of networking and communications platforms and services focused on the broadband access market. The Company operates through two segments: Network Solutions and Services & Support. The Network Solutions segment includes hardware and software products. The Services & Support segment includes a portfolio of maintenance, network installation and solution integration services, which include hosted cloud services and subscription services. The two segments span across Access & Aggregation, Subscriber Solutions & Experience and Traditional & Other Products. Access & Aggregation is focused on solutions that are used by service providers to connect their network infrastructure to subscribers. Subscriber Solutions & Experience is concentrated on subscriber solutions that terminate broadband access in the home and/or business. Traditional & Other Products encompasses prior-generation technologies, products and services and certain other offerings.