Citi Analyst Boosts Altice USA to Buy, Sets $3.25 Price Target

Altice USA (ATUS) received a Buy rating from Citi analyst Michael Rollins, setting a price target of $3.25. Rollins is a 5-star analyst with an 11.6% average return and 64.10% success rate. TD Cowen also gave ATUS a Buy rating, but Barclays maintained a Hold rating. ATUS has a one-year high of $3.20 and a one-year low of $1.52.

Altice USA (ATUS), a leading cable service provider, has received a positive analyst rating from Citi analyst Michael Rollins, who has assigned a Buy rating with a price target of $3.25. Rollins, a 5-star analyst with an impressive 11.6% average return and a 64.10% success rate, has expressed confidence in ATUS's long-term prospects [1].

In addition to Citi's positive outlook, TD Cowen has also given ATUS a Buy rating, although Barclays maintained a Hold rating. These ratings come amidst a challenging period for ATUS, which reported a net loss of $96.3 million for the second quarter of 2025, down from a profit of $15.4 million in the same period last year. The company's revenue stood at $2.15 billion, a 4.2% decline from the previous year [1].

Despite the quarterly losses, ATUS's shares have shown resilience, trading at $2.390 as of July 2, 2025. The stock has a one-year high of $3.20 and a one-year low of $1.52, indicating a recovery from its lows. The company's debt burden and market position remain significant concerns, with Moody's recently downgrading Altice International to Caa2 due to debt concerns [2].

Altice USA has been proactive in addressing its financial challenges. The company recently secured a $1 billion asset-backed loan facility and has been exploring strategic collaborations to enhance its service offerings. The upcoming conference call on August 7, 2025, will provide investors with more insights into the company's financial health and future plans [2].

Investors should carefully consider the risks and opportunities presented by Altice USA, particularly given the recent downgrades and the company's significant debt burden. The positive analyst ratings, however, suggest that there is potential for growth and recovery in the coming years.

References:
[1] https://finance.yahoo.com/news/altice-usa-second-quarter-2025-120430618.html
[2] https://www.investing.com/equities/altice-usa-inc