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ADVA Optical Networking SE (DE:ADV)
XETRA:ADV
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ADVA Optical Networking (ADV) AI Stock Analysis

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DE:ADV

ADVA Optical Networking

(XETRA:ADV)

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Neutral 55 (OpenAI - Gpt-5.6Sol)
Rating:55Neutral
Price Target:
€23.50
▲(2.62% Upside)
Action:Reiterated
Date:09/07/26
The score is held up primarily by balance sheet strength and generally solid cash generation alongside an improving profitability trend. Offsetting these positives are weak technical momentum signals and an expensive valuation (very high P/E) relative to the company’s currently thin and historically volatile earnings.
Positive Factors
Conservative Balance Sheet
Very low leverage and a stable equity base provide financial resilience during uneven operating periods. This reduces financing pressure, preserves flexibility to support network-product investment, and gives the company a stronger cushion if profitability takes longer to normalize.
Negative Factors
Thin Operating Margins
Very thin margins leave little room for execution setbacks, cost pressure, or weaker demand before earnings are materially affected. This limits the durability of current profitability and makes future results more sensitive to modest changes in revenue or operating expenses.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low leverage and a stable equity base provide financial resilience during uneven operating periods. This reduces financing pressure, preserves flexibility to support network-product investment, and gives the company a stronger cushion if profitability takes longer to normalize.
Read all positive factors

ADVA Optical Networking (ADV) vs. iShares MSCI Germany ETF (EWG)

ADVA Optical Networking Business Overview & Revenue Model

Company Description
Adtran Networks SE specializes in the conceptualization, manufacturing, and global distribution of networking solutions underpinned by optical and Ethernet technologies. Its comprehensive portfolio provides clients with flexible optical transport ...
How the Company Makes Money
ADVA Optical Networking primarily makes money by selling networking hardware and associated software used to build and upgrade high-speed fiber-optic communications networks. Its core revenue stream is product revenue from optical transport and ac...

ADVA Optical Networking Financial Statement Overview

Summary
Mixed but improving fundamentals. Income statement is recovering with revenue up ~4.8% TTM and a return to profitability, but margins remain very thin (net ~1.7%, operating ~1.6%) and results have been volatile across recent years. Balance sheet strength is a key support (low leverage ~0.11x debt/equity, stable equity). Cash generation is relatively solid with positive TTM operating cash flow and free cash flow, though FCF dipped ~4.9% TTM and has shown historical swings.
Income Statement
54
Neutral
Balance Sheet
74
Positive
Cash Flow
69
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue516.75M481.75M438.08M613.67M712.11M603.32M
Gross Profit178.71M163.34M156.97M219.49M238.13M218.56M
EBITDA61.15M52.47M2.12M73.86M91.55M118.48M
Net Income8.67M-21.88M-62.70M-14.51M18.13M59.22M
Balance Sheet
Total Assets633.62M616.78M670.00M657.82M647.91M601.52M
Cash, Cash Equivalents and Short-Term Investments33.71M43.63M27.04M30.55M58.45M108.99M
Total Debt42.44M44.98M97.22M96.89M77.63M72.82M
Total Liabilities244.66M220.16M281.84M279.83M278.83M261.61M
Stockholders Equity388.96M387.99M388.17M377.99M369.08M339.91M
Cash Flow
Free Cash Flow64.09M67.62M52.35M-30.62M-58.32M58.98M
Operating Cash Flow74.68M79.15M63.05M37.61M14.84M123.25M
Investing Cash Flow-62.86M-63.78M-81.38M-64.03M-73.08M-64.27M
Financing Cash Flow-12.23M1.93M12.56M-161.00K5.39M-14.80M

ADVA Optical Networking Technical Analysis

Technical Analysis Sentiment
Negative
Last Price22.90
Price Trends
50DMA
23.06
Negative
100DMA
22.81
Negative
200DMA
22.29
Positive
Market Momentum
MACD
-0.12
Positive
RSI
41.19
Neutral
STOCH
42.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:ADV, the sentiment is Negative. The current price of 22.9 is above the 20-day moving average (MA) of 22.89, below the 50-day MA of 23.06, and above the 200-day MA of 22.29, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 41.19 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:ADV.

ADVA Optical Networking Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
60
Neutral
€4.48B18.1412.00%1.97%7.74%14.82%
59
Neutral
€384.51M20.749.65%1.32%12.73%51.34%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
€1.17B136.642.23%2.30%14.54%
55
Neutral
€642.33M18.477.07%4.47%-1.13%104.45%
54
Neutral
€338.78M-33.83-8.99%1.76%-1.94%-161.38%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:ADV
ADVA Optical Networking
22.60
1.88
9.07%
DE:ADN1
adesso AG
58.90
-39.41
-40.09%
DE:A1OS
All for One Group
68.00
24.23
55.36%
DE:BC8
Bechtle Aktiengesellschaft
35.56
-0.46
-1.27%
DE:COK
CANCOM SE
22.35
-0.10
-0.45%
DE:GGS
Gigaset
0.01
-0.02
-57.69%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 07, 2026