ATEX

AnterixD

Nasdaq / Telecommunication Services

At close

2026-07-22

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 -0.3.

What can break

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

Momentum

100

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

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

Data freshness

Prices

As of 2026-07-22

Fundamentals

As of 2026-07-22 • Vendor: Data Vendor v1

Scores

As of 2026-07-22 • Model: HYBRID_IC_RP

AI Memo

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

Investment thesis

As of 2026-07-22

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $107.67

Why

Momentum100 · Δ7d -0.3

Value39 · Δ7d -0.0

Sentiment0 · Δ7d 0.0

So what

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

Lead driver: Momentum · See technicals

Momentum

100

26% active weight

Current posture

7d trendFlat

Δ7d

-0.3

Δ21d

+0.8

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.0

Δ21d

-0.0

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

0.0

Δ21d

0.0

Why this grade

Composite grade D. Momentum 99.7 / Value 38.6 / Sentiment 0.0

Fundamentals (TTM)

As of 2026-07-22

Market Cap

$2.03B

Beta

0.85

Shares Out

19.5M

P/E (TTM)

4.4

P/S (TTM)

71.49

P/FCF (TTM) · Derived

364.24

Rev YoY

+41.0%

EPS YoY

+99.1%

Gross Margin

+92.9%

Op Margin

+1680.7%

Net Debt

-$100.24M

Current Ratio

3.33

As of 2026-07-22 • Updated nightlySource: Internal modelMethodology