Optimum Communications, Inc. (OPTU) Stock Forecast & Price Target
Optimum Communications, Inc. · NYSE
$0.76-0.04 (-5.56%)
15-min delayed · Jul 27, 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 hold 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 $1.30 sits 71% above the current $0.76. Sentiment has cooled somewhat, with Sell ratings rising from 1 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.13 next quarter toward $-0.70 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Hold
Strong Buy00%
Buy00%
Hold467%
Sell233%
Strong Sell00%
Based on 6 analysts giving stock ratings to Optimum Communications, Inc.
As of Jul, 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
$-0.13
Range $-0.21 – $0.00 · 10 analysts · -96% YoY
Next period, 10 analysts expect Optimum Communications, Inc. to earn $-0.13 a share (range $-0.21 – $0.00), versus $-3.47 a year earlier. Full-year consensus is $-6.58, growing to $-0.70 the year after.
REVENUE · NEXT QUARTER
$2.0B
Range $2.0B – $2.0B · 10 analysts · -5% YoY
Revenue is expected to reach $2.0B (range $2.0B – $2.0B), -5.1% year-over-year. Full-year consensus is $8.2B, 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 #32
Sell
$1.00+31.4% to target
Overall win rate
55%
+ Follow
#2
Matthew Harrigan
Benchmark · Rank #362
Hold
No targeton OPTU
Overall win rate
24%
+ Follow
#3
Michael Rollins
Citigroup
Sell
$0.50-34.3% to target
Coverage
—
+ Follow
#4
John Hodulik
UBS
Hold
$1.00+31.4% to target
Coverage
—
+ Follow
#5
GW
Gregory Williams
TD Cowen
Buy
$2.00+162.7% 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 $1.30 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 Hold. 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 $1.30.
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 #32). Their current call is Sell with a $1.00 target.
What is Optimum Communications, Inc.'s projected EPS for next quarter?+
The consensus estimate is $-0.13 per share (range $-0.21 – $0.00) across 10 analysts. Full-year EPS is projected at $-6.58, rising to $-0.70 the following year.
How much revenue is Optimum Communications, Inc. expected to report next quarter?+
Consensus revenue is $2.0B (range $2.0B – $2.0B). Full-year revenue is projected at $8.2B, growing to $7.8B next year.
Have analysts been upgrading or downgrading OPTU lately?+
As of Jul, 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.
