Anterix (ATEX) Stock Price, News & Analysis

Company Overview

Anterix, Inc. is a specialized telecommunications company focused on delivering private broadband networks for utilities and other critical infrastructure industries. The company owns and operates dedicated 900 MHz spectrum that enables reliable, secure and high-performance wireless communications to support grid modernization, smart metering, distribution automation and other mission-critical applications. By leveraging this spectrum, Anterix helps electric, water and gas utilities deploy advanced communications capabilities to enhance operational efficiency and resiliency.

At the core of Anterix’s offering is its licensed 900 MHz spectrum, which provides superior propagation characteristics compared with unlicensed options and allows for cost-effective coverage over expansive service territories. The company partners with network equipment vendors, systems integrators and engineering firms to deliver turnkey private LTE solutions, including end-to-end network design, deployment and lifecycle support. These solutions enable utilities to monitor network health, isolate faults, and restore service more rapidly during outages or emergency events.

Anterix traces its roots back to the early 1990s, evolving through various regulatory and spectrum acquisition milestones before rebranding as Anterix in 2016. Since that time, the company has secured valuable spectrum assets through FCC auctions and secondary market transactions, positioning itself as the primary 900 MHz band steward for critical infrastructure communications. Under the leadership of Chief Executive Officer Rusty Frantz, Anterix has expanded its strategic alliances and customer base across North America.

Headquartered in Denver, Colorado, Anterix serves electric, water and gas utilities throughout the United States and Canada. The company’s vision is to advance the digital utility era by enabling secure, resilient and future-proof communications networks. With a focused leadership team and a growing roster of utility partners, Anterix aims to support the modernization of energy grids and other essential services well into the coming decades.

Key Stats

• Today's Range: $21.21 to $21.72
• 50-Day Range: $20.96 to $25.21
• 52-Week Range: $20.61 to $42.91
• Volume: 19,624 shs
• Average Volume: 173,943 shs
• Market Capitalization: $400.94 million
• P/E Ratio: 13.68
• Dividend Yield: N/A
• Price Target: $67.00
• Consensus Rating: Strong Buy

Anterix Stock Analysis - MarketRank™

Anterix scored higher than 74% of companies evaluated by MarketBeat, and ranked 230th out of 645 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Anterix has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Anterix has a consensus price target of $67.00, representing about 208.9% upside from its current price of $21.69.

Amount of Analyst Coverage

Anterix has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Anterix are expected to grow in the coming year, from ($1.53) to ($0.16) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Anterix is 13.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 279.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Anterix is 13.90, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 441.69.

Price to Book Value per Share Ratio

Anterix has a P/B Ratio of 2.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.76% of the outstanding shares of Anterix have been sold short.

Short Interest Ratio / Days to Cover

Anterix has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in Anterix has recently increased by 11.17%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Anterix does not currently pay a dividend.

Dividend Growth

Anterix does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.76% of the outstanding shares of Anterix have been sold short.

Short Interest Ratio / Days to Cover

Anterix has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in Anterix has recently increased by 11.17%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.71

News Sentiment

Anterix has a news sentiment score of 1.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Anterix this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for ATEX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Anterix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,104.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

45.61% of the stock of Anterix is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

87.67% of the stock of Anterix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ATEX Stock Analysis - Frequently Asked Questions

How have ATEX shares performed this year?

Anterix's stock was trading at $30.67 on January 1st, 2025. Since then, ATEX shares have decreased by 29.3% and is now trading at $21.69.

How were Anterix's earnings last quarter?

Anterix Inc. (NASDAQ:ATEX) released its quarterly earnings data on Tuesday, August, 12th. The company reported ($0.48) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.54) by $0.06. The business had revenue of $1.42 million for the quarter, compared to analysts' expectations of $1.51 million. Anterix had a negative trailing twelve-month return on equity of 23.87% and a net margin of 495.14%.
Read the conference call transcript.

Who are Anterix's major shareholders?

Top institutional shareholders of Anterix include Garnet Equity Capital Holdings Inc. (2.13%), Geode Capital Management LLC (2.05%), Gamco Investors INC. ET AL (1.46%) and AYAL Capital Advisors Ltd (1.28%). Insiders that own company stock include Jeffrey A Altman, Robert Harris Schwartz, Timothy Gray, Christopher Guttman-Mccabe, Morgan E Obrien, Gena L Ashe, Mahvash Yazdi, Mark Fleischhauer and Leslie B Daniels.
View institutional ownership trends.

How do I buy shares of Anterix?

Shares of ATEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Anterix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Anterix investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), AU Optronics (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/12/2025
• Today: 9/10/2025
• Next Earnings (Estimated): 11/12/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Comm Infrastructure
• Sub-Industry: Communication
• Current Symbol: NASDAQ:ATEX
• CIK: 1304492
• Web: www.anterix.com
• Phone: (973) 771-0300
• Fax: 888-858-6245
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Anterix: $67.00
• High Price Target: $67.00
• Low Price Target: $67.00
• Potential Upside/Downside: +213.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.56
• Trailing P/E Ratio: 13.68
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$11.37 million
• Net Margins: 495.14%
• Pretax Margin: 468.35%
• Return on Equity: -23.87%
• Return on Assets: -11.16%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.54
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: $5.92 million
• Price / Sales: 67.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.43 per share
• Price / Book: 2.54

Miscellaneous

• Outstanding Shares: 18,740,000
• Free Float: 10,193,000
• Market Cap: $400.94 million
• Optionable: Optionable
• Beta: 0.91