Anterix Inc. (ATEX) Stock Price & Analysis
Anterix Inc. (ATEX) closed at USD 87.95 on Wednesday, October 28, 2026, up 2.72% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 85.62; the Oct 28, 2026 session ranged USD 85.45–88.82 on volume of 219,542 shares. Market capitalization is $1.72B, with a 52-week range of USD 17.58–113 (NCM). Source: Nexqual, retrieved October 29, 2026 at 05:59 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ATEX.md
Key facts (ATEX)
- Last four reported quarters (through Jun 30, 2026): revenue $7.0M, net income $65.7M (933.0% margin), free cash flow $10.6M (SEC filings).
- Valuation: P/E 26.3x (avg 7.9x at the last 1 fiscal year-ends).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (3 analysts), mean target USD 112.33 (range 86–130).
- Total return with dividends: 1Y +353.4% vs S&P 500 +13.6%; 5Y +37.2% vs S&P 500 +79.8%.
- Next earnings: 2026-11-10, EPS estimate USD -0.28, revenue estimate $2.0M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ATEX)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.1M | $1.9M | $4.2M | $6.0M | $6.5M | $7.0M |
| Gross profit | $1.1M | $1.9M | — | — | — | — |
| Operating income | -$36.8M | -$16.5M | -$10.1M | -$11.7M | $93.9M | $71.2M |
| Net income | -$37.5M | -$16.3M | -$9.1M | -$11.4M | $90.6M | $65.7M |
| EPS (diluted) | -$2.07 | -$0.87 | -$0.49 | -$0.61 | $4.83 | — |
| Free cash flow | $16.9M | -$29.4M | $41.7M | -$29.4M | $5.5M | $10.6M |
| Gross margin | 99.5% | 100.0% | — | — | — | — |
| Operating margin | -3399.3% | -857.8% | -241.5% | -194.2% | 1444.9% | 1011.3% |
| Net margin | -3461.2% | -850.3% | -217.8% | -188.6% | 1394.2% | 933.0% |
| Revenue growth | +17.7% | +77.0% | +118.4% | +43.9% | +7.8% | — |
| Cash + short-term investments | $106M | $43.2M | $60.6M | $47.4M | $98.5M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ATEX)
P/E 26.3x · P/S 244.9x · P/FCF 162.3x · P/B 6.0x · FCF yield 0.62% · Earnings yield 3.81%
P/E at fiscal year-ends: Mar 2026 7.9x.
Analysts (ATEX)
Consensus Buy (mean 2.00 on a 1–5 scale), 3 analysts; mean target USD 112.33 (low 86, high 130).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-13 | JP Morgan | Target lowered | Overweight | $133 → $130 |
| 2026-07-20 | JP Morgan | Target raised | Overweight | $50 → $133 |
Total return (dividends reinvested) (ATEX)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +353.4% | +37.2% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +355.7% | +6.5% |
| Volatility (annualized) | 63.2% | 48.0% |
| Max drawdown | -32.4% (Jul 2026→Oct 2026) | -71.9% (Oct 2021→Nov 2025) |
ATEX earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 11, 2026 | Quarter ended Jun 30, 2026 | $0.01 | −$0.17 | Beat +$0.18 | -4.3% |
| Jun 10, 2026 | Quarter ended Mar 31, 2026 | $0.98 | $1.37 | Miss −28.5% | +26.2% |
| Feb 11, 2026 | Quarter ended Dec 31, 2025 | −$0.35 | −$0.55 | Beat +36.4% | +1.6% |
| Nov 12, 2025 | Quarter ended Sep 30, 2025 | $2.86 | −$0.60 | Beat +$3.46 | +15.9% |
| Aug 12, 2025 | — | — | — | — | +2.1% |
| Jun 24, 2025 | — | — | — | — | -5.5% |
| Feb 11, 2025 | — | — | — | — | +25.9% |
| Nov 13, 2024 | — | — | — | — | -5.5% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
ATEX recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 27, 2026 | Schedule 13G/A | BlackRock, Inc.: 4.7% of shares, passive 5%+ holder (amended) |
| Sep 18, 2026 | 8-K | Other material event “On September 16, 2026, the Board of Directors of Anterix Inc. (the "Company") authorized a share repurchase program (the "Share Repurchase Program") to be effective starting September 22, 2026 following the expiration of the Company's previous share repurchase program on September 21, 2026. Pursuant to the Share Repurchase Program, the Company may repurchase up to $250,000,000 of the Company's common stock, $0.0001 par value per share ("Common Stock"), on or before September 22, 2029. The Company may repurchase…” |
| Aug 11, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 11, 2026 | 8-K | Quarterly results |
| Aug 6, 2026 | 8-K | Director or executive officer change, or pay arrangement; Shareholder vote results “On August 4, 2026, the stockholders of Anterix Inc. (the " Company ") approved Amendment No. 2 (the " Plan Amendment ") to the Anterix Inc. 2023 Stock Plan (the " 2023 Plan ") at the Company's 2026 Annual Meeting of Stockholders (the " Annual Meeting "). The Plan Amendment, which had been previously adopted by the Company's Board of Directors on June 22, 2026, increases the number of shares of common stock (the " Common Stock ") available for issuance under the 2023 Plan by 1.0 million shares. The foregoing…” |
| Jul 27, 2026 | Schedule 13G | BlackRock, Inc.: 5.1% of shares, passive 5%+ holder |
| Jul 17, 2026 | DEFA14A | Additional proxy material |
| Jul 8, 2026 | Schedule 13D/A | Owl Creek Asset Management, L.P., Jeffrey A. Altman: 28.5% of shares, 5%+ holder that may seek to influence the company (amended) |
| Jul 8, 2026 | Schedule 13G | T. Rowe Price Investment Management, Inc.: 12.0% of shares, passive 5%+ holder |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
ATEX suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | T-Mobile (TMUS) | “•we may not be successful in competing against other spectrum holders who offer spectrum to our target customers, including the buyer of T-Mobile's 800 MHz spectrum.” |
| Competitor | Verizon (VZ) | “Our competitors include spectrum holders, retail wireless network providers, such as Verizon, AT&T, and T-Mobile, private radio operators and other public and private companies, including potential new spectrum entrants who supply spectrum or other communication networks, technologies, products and solutions to our targeted utility and critical infrastructure entities.” |
| Competitor | AT&T (T) | “Our competitors include spectrum holders, retail wireless network providers, such as Verizon, AT&T, and T-Mobile, private radio operators and other public and private companies, including potential new spectrum entrants who supply spectrum or other communication networks, technologies, products and solutions to our targeted utility and critical infrastructure entities.” |
Quoted from the company's 10-K filed Jun 25, 2026.
ATEX analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.28 | $-0.23 | −$0.05 | $2.0M | 3 |
| Next quarter (ends Dec 2026) | $-0.21 | $-0.23 | +$0.01 | $2.0M | 3 |
| Current fiscal year (ends Mar 2027) | $-1.11 | $-1.33 | +$0.21 | $20.8M | 2 |
| Next fiscal year (ends Mar 2028) | $-0.59 | $0.00 | −$0.59 | $17.8M | 3 |
ATEX options: expected move
Options price a move of about ±17.3% (±$15.20) by Nov 20, 2026, which includes earnings on Nov 10, 2026. Over the last 8 reports the stock moved ±10.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 85.0% | ±17.3% |
| Dec 18, 2026 | 51 | 74.9% | ±22.5% |
| Jan 15, 2027 | 79 | 71.5% | ±26.7% |
| Feb 19, 2027 | 114 | 73.1% | ±32.6% |
| May 21, 2027 | 205 | 70.5% | ±41.7% |
30-day implied volatility 80.6% vs 63.1% realized over the last 30 trading days. Put/call ratio (volume) 0.02. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 05:59 UTC)
| Price | USD 87.95 |
|---|---|
| Change | ▲ 2.72% (up) |
| Previous Close | USD 85.62 |
| Open | USD 86.33 |
| Day Range | USD 85.45 – 88.82 |
| 52-Week Range | USD 17.58 – 113 |
| Volume | 219,542 shares |
| Market Cap | $1.72B |
| Exchange | NCM |
Technical Analysis (ATEX)
Nexqual's technical model rates ATEX "BUY" based on 4 bullish and 2 bearish signals across 127 daily candles, as of October 29, 2026 at 05:59 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 59.18 (neutral) |
| vs SMA50 | Above (USD 83.53) |
| MACD | -0.47 (negative) |
Analyst Ratings (ATEX)
Wall Street analysts rate ATEX "Buy" based on 3 analysts, with a mean price target of USD 112.33 (range USD 86–130), per Nexqual as of October 29, 2026 at 05:59 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 112.33 |
| High Target | USD 130 |
| Low Target | USD 86 |
| Buy / Hold / Sell | 2 / 1 / 0 |
Earnings (ATEX)
| Next Earnings Date | 2026-11-10 |
|---|---|
| Revenue Estimate | $1.97M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.01 vs est -0.17 ▲ beat |
| 2026-03-31 | USD 0.98 vs est 1.37 ▼ miss |
| 2025-12-31 | USD -0.35 vs est -0.55 ▲ beat |
| 2025-09-30 | USD 2.86 vs est -0.6 ▲ beat |
Source: Nexqual, October 29, 2026 at 05:59 UTC.
Financials & Fundamentals (ATEX)
| Total Revenue | $7.04M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +38.10% |
| Gross Margin | +100.00% |
| Operating Margin | -556.59% |
| Profit Margin | +933.03% |
| ROE | +27.92% |
| Debt / Equity | 0.01 |
| Current Ratio | 4.85 |
| Total Cash | $116.01M |
| Total Debt | $4.09M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $10.63M (151.0% of revenue) |
Source: Nexqual, October 29, 2026 at 05:59 UTC.
Financial Health Score (ATEX)
Nexqual rates Anterix Inc.'s overall financial health "Solid" across five dimensions, as of October 29, 2026 at 05:59 UTC.
| Growth | Solid — Revenue +8% YoY (annual) |
|---|---|
| Profitability | Weak — Pre-revenue or very early stage |
| Balance Sheet | Strong — $116M cash vs $4M debt, net cash position |
| Cash Flow | Strong — FCF $11M (last 4 quarters to Jun 2026, SEC), 151% margin |
| Efficiency | Strong — ROE 23%, ROA 13.2% (last 4 quarters, SEC) |
Ownership (ATEX)
| Insider Ownership | +1.73% |
|---|---|
| Institutional Ownership | +97.98% |
| Shares Outstanding | 19.61M |
| Float | 13.78M |
| Short % of Float | +13.70% |
Source: Nexqual, October 29, 2026 at 05:59 UTC.
Leadership (ATEX)
Anterix Inc. is led by Scott A. Lang, CEO, President & Director, per Nexqual as of October 29, 2026 at 05:59 UTC.
| CEO, President & Director | Scott A. Lang |
|---|---|
| Chief Marketing Officer & Chief of Staff | Heather Martin |
| Executive Chairman | Thomas R. Kuhn |
| Chief Financial Officer | Elena Marquez |
| Chief Technology & Engineering Officer | Carlos Eduardo L'Abbate |
Major Backers & Investors (ATEX)
Notable institutional backers of Anterix Inc. include Owl Creek Asset Management, L.P., T. Rowe Price, Heard Capital LLC, according to Nexqual as of October 29, 2026 at 05:59 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Owl Creek Asset Management, L.P. | 27.6% |
| T. Rowe Price | 11.97% |
| Heard Capital LLC | 8.75% |
| Price (T.Rowe) Associates Inc | 3.83% |
| Jupiter Topco LLC | 3.38% |
| JANUS INVESTMENT FUND-Janus Henderson Contrarian Fund | 3.24% |
| Plustick Management LLC | 2.65% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 5.48% |
| Vanguard Group | 2.82% |
| State Street | 2.53% |
Source: Nexqual, October 29, 2026 at 05:59 UTC.
From Anterix Inc.'s Latest SEC 10-K Filing (filed 2026-06-25)
Key Strengths & Strategy (as disclosed to the SEC)
- CatalyX is the first AAE commercial service on our integrated platform.
- Since the FCC's issuance of the 2020 Report and Order, our sales and marketing efforts have been focused on pursuing spectrum lease and sale arrangements, implementing creative spectrum solutions in markets where Complex Systems exist and introducing our integrated platform solutions to our targeted utility and critical infrastructure customers.
- Our strategy positions our 900 MHz spectrum as the linchpin of an integrated, end-to-end operating model.
- A key part of our business strategy is to continually monitor changes in the wireless industry and to evaluate how these changes could enable us to maximize the value of our spectrum assets.
Partnerships
- In 2014, we entered into an agreement with Motorola (the "2014 Motorola Spectrum Agreement") to lease a portion of our 900 MHz licenses in exchange for an upfront, fully paid lease fee of $7.5 million and a $10 million investment in our subsidiary, PDV Spectrum Holding Company, LLC (the "Subsidiary"), which we formed to hold our 900 MHz spectrum licenses.
- In cases where we have satisfied the 90% Broadband Segment Test but have not reached an agreement with all Covered Incumbents, the Mandatory Retuning process may commence after we receive the broadband license. 1.50% Licensed Spectrum Test.
Legal & Regulatory Risks (Item 1A, quoted)
- Our reputation and business may be harmed, and we may be subject to legal claims if there is loss, disclosure, or misappropriation of, or access to, our customers' information.
- Government regulations or actions taken by governmental bodies could adversely affect our business prospects, liquidity and results of operations, including any changes by the FCC to the Report and Order or to the FCC rules and regulations governing the 900 MHz band.
- Claims for indemnification by our directors and officers may reduce our available funds to satisfy successful third-party claims against us and may reduce the amount of money available to us.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SKM | SK Telecom Co., Ltd. | USD 31.82 | ▲ 1.11% |
| TIGO | Millicom International Cellular | USD 79.66 | ▼ 0.2% |
| TU | Telus Corporation | USD 8.55 | ▼ 0.47% |
| CHTR | Charter Communications, Inc. | USD 105.39 | ▲ 0.44% |
| RCI | Rogers Communication, Inc. | USD 31.3 | ▼ 1.48% |
| VIV | Telefonica Brasil S.A. | USD 11.42 | ▼ 1.55% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 05:59 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt