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Adtran Issues $201.25M Convertible Senior Notes

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Adtran Issues $201.25M Convertible Senior Notes

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Adtran ( (ADTN) ) has issued an update.

On September 19, 2025, Adtran Holdings, Inc. issued $201.25 million in 3.75% convertible senior notes due 2030, with an option for initial purchasers to buy an additional $26.25 million, which was fully exercised. These notes, which are senior unsecured obligations, will accrue interest semi-annually and mature in 2030, with specific conversion rights and redemption options. Additionally, Adtran entered into capped call transactions to mitigate potential stock dilution upon note conversion, with a cap price set at a 75% premium over the current stock price.

The most recent analyst rating on (ADTN) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Adtran stock, see the ADTN Stock Forecast page.

Spark’s Take on ADTN Stock

According to Spark, TipRanks’ AI Analyst, ADTN is a Neutral.

Adtran’s overall stock score is driven by its financial performance challenges, particularly in profitability, despite strong revenue growth and positive cash flow generation. Technical indicators show a positive short-term trend, while valuation remains unattractive due to negative earnings. The earnings call provided a positive outlook with strong revenue growth and customer acquisitions, balancing some of the financial weaknesses.

To see Spark’s full report on ADTN stock, click here.

More about Adtran

Average Trading Volume: 1,509,399

Technical Sentiment Signal: Buy

Current Market Cap: $760.5M

Learn more about ADTN stock on TipRanks’ Stock Analysis page.

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