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ATEXAnterix Inc.Buy Wait6.4·$91.35-9.03%
Buy WaitModerate Confidence
Investment thesis

Anterix combines a strong recent beat history, 41% growth, and a wide moat with an already-reached analyst target, multiple value-trap signals, and a failing Rule of 40 score that together argue for a cautious, reduce-leaning stance.

Thesis pillars

  • Value Trap SignalsDeteriorating
  • Earnings Beats And Growth MomentumStable
  • Target Reached Negative AsymmetryDeteriorating
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Anterix Inc. (ATEX) Stock Analysis

Catalyst-Driven edge

Buy WaitVALUE-TRAP 3/5GrowthQualityModerate Confidence

Communication Services · Telecom Services

Wait for pullback to $89.30. Weak momentum; also insider activity concern — blocks BUY_NOW at $91.35. Engine's entry $89.30 (5% below current) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Earnings estimates trending DOWN.

Anterix is the nation's largest holder of licensed 900 MHz spectrum, covering the contiguous United States, Hawaii, Alaska, and Puerto Rico, which it monetizes through long-term leases and sales to electric utilities and critical infrastructure enterprises for private broadband... Read more

$91.35-2.6% A.UpsideScore 6.4/10#3 of 45 Telecom Services
QualityF-score7 / 9FCF yield-2.20%
Entry $89.30(5% below current)Stop $83.05Target $110.74(resistance)A.R:R -0.2:1
Analyst target$107.67+17.9%3 analysts
$110.74our TP
$91.35price
$107.67mean
$69
$133

Wait for pullback to $89.30. Weak momentum; also insider activity concern — blocks BUY_NOW at $91.35. Engine's entry $89.30 (5% below current) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Earnings estimates trending DOWN. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.4/10, moderate confidence.

Passes 5/8 gates (no SEC red flags, news boost analyst 0.50, earnings proximity 17d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and clean insider activity. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-25
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 11, 202617d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Positive news sentiment (+0.97)
Strong growth profile
Risks
Analyst target reached - limited upside remaining
Earnings estimates trending DOWN
Negative momentum

Key Metrics

P/E (TTM)20.8
P/E (Fwd)-127.0
Mkt Cap$1.8B
EV/EBITDA-42.2
Profit Mgn1394.2%
ROE43.3%
Rev Growth41.0%
Beta0.83
DividendNone
Rating analysts9

Quality Signals

Piotroski F7/9MoatWideCompounder

Options Flow

P/C0.95neutral
IV90%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomera limited number of customers
    10-K Item 1A: 'we generally intend to enter into long-term leasing or sales agreements for our spectrum assets in one county with one customer, or a limited number of customers, in each geographic area'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
1.0
Ma Position
6.0
Rsi
7.6
Uptrend pullback (RSI 39) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.1<4.5A.R:R -0.2=NEGATIVEINSIDER 0.56%=EXTREMENo SEC red flagsNEWS BOOST ANALYST 0.50EARNINGS PROXIMITY 17d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
39 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $80.94Resistance $113.00

Price Targets

$83
$89
$111
A.Upside-2.6%
A.R:R-0.2:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-2.6% upside)
! NEWS_MOD=+1: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! momentum at 3.1 (below the engine's 4.5 threshold)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-11 (17d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ATEX stock a buy right now?

Wait for pullback to $89.30. Weak momentum; also insider activity concern — blocks BUY_NOW at $91.35. Engine's entry $89.30 (5% below current) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Earnings estimates trending DOWN. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $110.74 (+21.2%), stop $83.05 (−10.0%), A.R:R -0.2:1. Score 6.4/10, moderate confidence.

What is the ATEX stock price target?

Take-profit target: $110.74 (-2.6% upside). Target $110.74 (+21.2%), stop $83.05 (−10.0%), A.R:R -0.2:1. Stop-loss: $83.05.

What are the risks of investing in ATEX?

Analyst target reached - limited upside remaining; Earnings estimates trending DOWN; Negative momentum.

Is ATEX overvalued or undervalued?

Anterix Inc. trades at a P/E of 20.8 (forward -127.0). TrendMatrix value score: 4.9/10. Verdict: Buy (Wait for Entry).

What do analysts say about ATEX?

9 analysts cover ATEX with a consensus score of 4.0/5. Average price target: $108.

What does Anterix Inc. do?Anterix is the nation's largest holder of licensed 900 MHz spectrum, covering the contiguous United States, Hawaii,...

Anterix is the nation's largest holder of licensed 900 MHz spectrum, covering the contiguous United States, Hawaii, Alaska, and Puerto Rico, which it monetizes through long-term leases and sales to electric utilities and critical infrastructure enterprises for private broadband (PLTE) networks. As of March 31, 2026, the company held signed leases with Ameren, Evergy, Xcel Energy, and TECO worth a combined $192.4 million and newer spectrum sale agreements with CPS Energy, Texas-New Mexico Power, and NorthWestern Energy, while expanding into recurring-revenue services through its TowerX tower-ac

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