ADTRAN (ADTN) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of ADTRAN (NASDAQ: ADTN) in the last few weeks:

• 7/23/2026 – ADTRAN had its “buy” rating reaffirmed by B. Riley Financial, Inc.. They now have a $21.00 price target on the stock, down from $23.00.
• 7/23/2026 – ADTRAN had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $20.00 price target on the stock.
• 7/23/2026 – ADTRAN had its price target lowered by Needham & Company LLC from $18.00 to $14.00. They now have a “buy” rating on the stock.
• 7/20/2026 – ADTRAN was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 7/12/2026 – ADTRAN was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 7/4/2026 – ADTRAN was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 6/30/2026 – ADTRAN had its “sell (d-)” rating reaffirmed by Weiss Ratings.

ADTRAN, Inc is a global provider of networking and communications equipment, specializing in broadband access solutions for service providers, enterprises and government organizations. Founded in 1985 and headquartered in Huntsville, Alabama, the company develops and delivers hardware and software platforms that enable high-speed Internet access over fiber, copper and wireless networks. Its core offerings include fiber access and aggregation equipment, Ethernet switches, customer premises equipment (CPE) and network management systems designed to support both legacy and next-generation broadband deployments.

The company’s product portfolio encompasses a broad range of optical line terminals (OLTs), optical network terminals (ONTs), multiservice access gateways and virtualized access solutions.