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Upturn AI Summary - About
Anterix Inc(ATEX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ATEX
09/24/2026: ATEX (4-star) is currently NOT-A-BUY. Pass it for now.
Anterix Inc is a specialized wireless spectrum company that provides essential 900 MHz licenses to U.S. utility companies for private broadband networks. Its primary strength lies in holding scarce, nationwide spectrum that enables critical grid modernization and automation. The company's growth story centers on the ongoing shift of utilities toward private, secure communications to handle increasing energy demands. However, investors must monitor execution risks related to slow adoption cycles and the threat of competition from public network providers. Anterix may be a suitable interest for growth-focused investors who can withstand high price volatility while waiting for further industry-wide network deployments.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Anterix represents a speculative growth play on the digitalization of the U.S. utility grid. |
| Momentum investor | Mixed fit | Momentum can be volatile and is largely tied to individual contract announcements. |
| Value investor | Weak fit | The lack of consistent earnings makes standard value metrics difficult to apply. |
| Dividend investor | Weak fit | The company does not pay a dividend and focuses entirely on capital appreciation. |
| Low-risk investor | Weak fit | High sensitivity to regulatory and execution risks creates significant price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to large swings based on sector sentiment and contract news. |
| Valuation risk | Medium / high | Valuation is based on long-term expectations for spectrum monetization rather than current cash flows. |
| Competition risk (Carrier Adoption) | Medium | Public network carriers may offer competitive private network services to utilities. |
| Business quality | Medium | The business model is highly specialized with a very narrow customer base. |
| Dividend income | Low / none | Investors should not expect income from this investment. |
| Execution risk | Medium / high | Success depends on utility companies choosing to build private networks instead of using public ones. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 107.93% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/24/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.65B USD | Price to earnings Ratio 24.41 | 1Y Target Price 112.33 |
Price to earnings Ratio 24.41 | 1Y Target Price 112.33 | ||
Volume (30-day avg) 315.7K shares | Beta 0.84 | 52 Weeks Range 17.58 - 113.00 | Updated Date 09/24/2026 |
52 Weeks Range 17.58 - 113.00 | Updated Date 09/24/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.44 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Spectrum Licensing | Lease payments from utilities for 900 MHz spectrum rights. | Anterix makes money by renting out radio frequency spectrum to utility companies to build their own private internet networks. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 24.41 | Forward PE - | Enterprise Value 1.56B | Price to Sales(TTM) 233.89 |
Enterprise Value 1.56B | Price to Sales(TTM) 233.89 | ||
Enterprise Value to Revenue 221.37 | Enterprise Value to EBITDA -12.44 | Shares Outstanding 19.61M | Shares Floating 13.71M |
Shares Outstanding 19.61M | Shares Floating 13.71M | ||
Percent Insiders 1.96 | Percent Institutions 99.5 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Anterix Inc
Exchange NASDAQ | Headquarters Woodland Park, NJ, United States | ||
IPO Launch date 2015-02-03 | CEO, President & Director Mr. Scott A. Lang | ||
Sector Communication Services | Industry Telecom Services | Full time employees 63 | Website https://www.anterix.com |
Full time employees 63 | Website https://www.anterix.com | ||
Anterix Inc. operates as holder of licensed 900 MHz spectrum with coverage spanning the contiguous to utility and critical infrastructure enterprise customers in the United States, Hawaii, Alaska, and Puerto Rico. It offers TowerX, a tower site access services; CatalyX, a turnkey connectivity management solution; and Anterix Active Ecosystem. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is based in Woodland Park, New Jersey.
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