ATEX

AnterixD

Nasdaq / Telecommunication Services

At close

2026-06-02

Current thesis

ATEX still owns scarce 900 MHz utility-focused spectrum, disclosed $177.0 million of remaining performance obligations as of December 31, 2025, and added NorthWestern as a tenth utility customer with the first planned 10 MHz deployment, so successful license transfers could unlock value over multiple years. [#10-Q-2026-02-11] [#8-K-2026-04-06]

Posture

Defensive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta -1.6.

What can break

Cash burn and commercialization timing may force more conservative capital allocation despite the large buyback authorization.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $41.00 · Bull $56.00 · Bear $30.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-17 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $55.33

Why

Momentum97 · Δ7d -1.6

Value32 · Δ7d -0.2

Sentiment11 · Δ7d +0.6

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendFlat

Δ7d

-1.6

Δ21d

-0.0

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.2

Δ21d

+0.0

Sentiment

33% active weight

Current posture

7d trendFlat

Δ7d

+0.6

Δ21d

-5.2

Why this grade

Composite grade D. Momentum 97.2 / Value 32.3 / Sentiment 10.9

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$1.22B

Beta

0.85

Shares Out

18.72M

P/E (TTM)

4.4

P/S (TTM)

71.49

P/FCF (TTM) · Derived

-24.27

Rev YoY

+0.1%

EPS YoY

+516.7%

Gross Margin

Op Margin

+1680.7%

Net Debt

-$47.37M

Current Ratio

1.70

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology