Optimum Communications, Inc. (OPTU) Stock Forecast & Price Target
Optimum Communications, Inc. · NYSE
$1.05+0.01 (+1.18%)
15-min delayed · Sep 4, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 6 firms covering Optimum Communications, Inc, 0 rate it Buy or better, 4 sit at Hold, and 2 rate it Sell or worse, a moderate sell consensus. The target range is very wide, $0.50 to $2.00 (about 4.0x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $1.05 is roughly in line with the current $1.05. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.15 next quarter toward $-1.09 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold467%
Sell233%
Strong Sell00%
Based on 6 analysts giving stock ratings to Optimum Communications, Inc.
As of Sep, 0 of 6 firms rate OPTU a Buy (4 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
OPTU EPS & revenue forecast
EPS · NEXT QUARTER
$-0.15
Range $-0.38 – $0.05 · 9 analysts · +1% YoY
Next period, 9 analysts expect Optimum Communications, Inc. to earn $-0.15 a share (range $-0.38 – $0.05), versus $-0.15 a year earlier. Full-year consensus is $-8.02, growing to $-1.09 the year after.
REVENUE · NEXT QUARTER
$2.0B
Range $2.0B – $2.1B · 9 analysts · -7% YoY
Revenue is expected to reach $2.0B (range $2.0B – $2.1B), -6.9% year-over-year. Full-year consensus is $8.1B, rising to $7.8B next year.
Top analysts covering Optimum Communications, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on OPTU.
#1
Steven Cahall
Wells Fargo · Rank #38
Sell
$0.75-28.7% to target
Overall win rate
54%
+ Follow
#2
Frank Louthan
Raymond James · Rank #194
Hold
No targeton OPTU
Overall win rate
49%
+ Follow
#3
Matthew Harrigan
Benchmark · Rank #422
Hold
No targeton OPTU
Overall win rate
26%
+ Follow
#4
GW
Gregory Williams
TD Cowen
Buy
$2.00+90.1% to target
Coverage
—
+ Follow
#5
Kannan Venkateshwar
Barclays
Hold
$1.00-5.0% to target
Coverage
—
+ Follow
OPTU stock forecast FAQ
What is OPTU's average 12-month price target?+
The 5 analysts with a live target average $1.05 for Optimum Communications, Inc. over the next 12 months, ranging from a $2.00 high to a $0.50 low.
Is OPTU stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 6 analyst ratings, 0 are Buy or Strong Buy, 4 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for OPTU?+
The Street-high target is $2.00 (Evercore ISI Group), and the Street-low is $0.50 (Citigroup). The average of all 5 active targets is $1.05.
How many Wall Street analysts cover OPTU?+
6 analysts have an active rating on Optimum Communications, Inc., and 5 firms carry a live 12-month price target.
Who is the most accurate analyst covering OPTU?+
Among analysts who currently cover OPTU, Steven Cahall of Wells Fargo has the strongest overall Quantellect track record (Rank #38). Their current call is Sell with a $0.75 target.
What is Optimum Communications, Inc.'s projected EPS for next quarter?+
The consensus estimate is $-0.15 per share (range $-0.38 – $0.05) across 9 analysts. Full-year EPS is projected at $-8.02, rising to $-1.09 the following year.
How much revenue is Optimum Communications, Inc. expected to report next quarter?+
Consensus revenue is $2.0B (range $2.0B – $2.1B). Full-year revenue is projected at $8.1B, growing to $7.8B next year.
Have analysts been upgrading or downgrading OPTU lately?+
As of Sep, 0 of 6 firms rate OPTU a Buy (4 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their OPTU calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
