Is Adtran Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: ADTN) stock is to Buy ADTN stock.
Out of 2 analysts, 0 (0%) are recommending ADTN as a Strong Buy, 2 (100%) are recommending ADTN as a Buy, 0 (0%) are recommending ADTN as a Hold, 0 (0%) are recommending ADTN as a Sell, and 0 (0%) are recommending ADTN as a Strong Sell.
According to 2 Wall Street analysts that have issued a 1 year ADTN price target, the average ADTN price target is $29.50, with the highest ADTN stock price forecast at $31.00 and the lowest ADTN stock price forecast at $28.00.
On average, Wall Street analysts predict that Adtran Holdings's share price could reach $29.50 by Feb 22, 2024. The average Adtran Holdings stock price prediction forecasts a potential upside of 86% from the current ADTN share price of $15.86.
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