In the meantime, Craig Hallum initiated its ADTRAN Holdings Inc [ADTN] rating to a Buy in a research note published on January 08, 2025; the price target was $15. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. Northland Capital also remained covering ADTN and has increased its forecast on May 08, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Argus revised its rating on November 20, 2023. It rated ADTN as “a Hold” which previously was an “a Buy”.
Price Performance Review of ADTN
On Tuesday, ADTRAN Holdings Inc [NASDAQ:ADTN] saw its stock fall -0.64% to $7.75. Over the last five days, the stock has gained 3.75%. ADTRAN Holdings Inc shares have fallen nearly -6.96% since the year began. Nevertheless, the stocks have risen 69.58% over the past one year. While a 52-week high of $12.44 was reached on 02/27/25, a 52-week low of $4.34 was recorded on 04/07/25. SMA at 50 days reached $8.94, while 200 days put it at $7.73.
Levels Of Support And Resistance For ADTN Stock
The 24-hour chart illustrates a support level at 7.68, which if violated will result in even more drops to 7.61. On the upside, there is a resistance level at 7.87. A further resistance level may holdings at 7.98. The Relative Strength Index (RSI) on the 14-day chart is 43.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.99%. Stochastics %K at 55.29% indicates the stock is a holding.
How much short interest is there in ADTRAN Holdings Inc?
A steep rise in short interest was recorded in ADTRAN Holdings Inc stocks on 2025-04-15, growing by 0.43 million shares to a total of 1.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.46 million shares. There was a rise of 22.78%, which implies that there is a positive sentiment for the stock.
