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Bull Of The Day: Anterix (ATEX)

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⚡ Quantum Brief
The company specializes in commercializing spectrum assets to enable private LTE broadband networks for U.S. electric utilities and critical infrastructure, positioning itself as a key player in modernizing grid communications. Anterix reported four consecutive earnings beats, including a 38.6% positive surprise in its latest quarter, signaling strong execution and upward revisions in analyst expectations. Earnings estimates for 2026 rose from $3.06 to $3.30, while 2027 projections improved from a $2.26 loss to $2.11, reflecting growing confidence in its long-term financial trajectory. Despite a high price-to-sales ratio (130x), its forward P/E of 9.8x and price-to-book of 3.26 suggest undervaluation potential amid projected 10.8% sales growth in 2027. The firm benefits from utilities preparing for small-scale nuclear expansion, as private networks become essential for managing increased grid capacity and distributed energy resources.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Bull Of The Day: Anterix (ATEX) April 09, 2026 — 07:09 am EDT Written by Brian Bolan for Zacks-> Anterix (ATEX) is a Zacks Rank #2 (Buy) that has a F for Value and an F for Growth. This company is focused on enabling private wireless broadband networks for critical infrastructure. ATEX has a primary focus on the US electric utility sector. Let’s learn more about why this stock is the Bull of the Day.Description Anterix, Inc. engages in commercializing spectrum assets to enable targeted utility and critical infrastructure customers to deploy private broadband networks, technologies and solutions. Its solutions include Private LTE and Active Ecosystem. The company was founded by Peter Joel Lasensky and Richard Edward Rohmann in 1997 and is headquartered in Woodland Park, NJ.Earnings History When I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market’s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.Anterix (ATEX) has reported four straight beats of the Zacks Consensus Estimate. Over the course of the last year, the average positive earnings surprise works out to be 36%.The company recently reported a loss of 35 cents when the Zacks Consensus Estimate was calling for a loss of 57 cents and that 22 cent beat translates to a positive earnings surprise of 38.6%.Earnings Estimates RevisionsEarnings estimate revisions is what the Zacks Rank is all about. Estimates for 2026 are moving up for Anterix (ATEX).The current fiscal year 2026 has increased from $3.06 to $3.30 over the last 90 days.Fiscal 2027 has increased from a loss of $2.26 to a loss of $2.11 over the last 60 days.Valuation The valuation for Anterix (ATEX) has opened up a lot since the last few months saw the stock nearly double. I see a forward PE of only 9.8x and that is very low. The price to book comes in a 3.26x and that still has room to move higher. Price to sales is the one metric that is aggressively high at 130x.Growth this year is going to be minimal with analysts projecting $6.13M in sales and that would be good for 1.6%. Next year is looking a lot better with sales growth of 10.8% and sales of $6.8M.The electric utility space is preparing for something it hasn’t ever really seen before, competition. Small scale nuclear reactor from companies like Oklo (OKLO) and Eagle Nuclear Energy Corp (NUCL) plan on delivering significant increases in generation capacity to the grid. The smart utilities are already planning for this and increasing their capabilities to handle and disperse the new loads. Free Report: Profiting from the 2nd Wave of AI Explosion The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives. Investors who bought shares like Nvidia at the right time have had a shot at huge gains. But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies. Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.Access AI Boom 2.0 now, absolutely free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportAnterix Inc. (ATEX) : Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags StocksInvestingHow to Invest Zacks Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com. More articles by this source-> Stocks mentioned ATEX More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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