insights_auto
Why is OPTU up 7.98%?
Dive Deeperchevron_right
OPTU:NYSE
Optimum Communications Inc
$0.99
arrow_upward
+7.98%(+0.073) 1D
Oct 5, 4:00:08 PM GMT-4 · USD
search
All symbols
No data
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for OPTU...
Open
$0.90
High
$1.00
Low
$0.90
Mkt. cap
349.32M
Avg. vol.
2.10M
Volume
0.00
52-wk high
$2.14
52-wk low
$0.58
Beta
1.17
Shares outstanding
283.69M
No. of employees
10K
Open
$0.90
High
$1.00
Low
$0.90
Mkt. cap
349.32M
Avg. vol.
2.10M
Volume
0.00
52-wk high
$2.14
52-wk low
$0.58
Beta
1.17
Shares outstanding
283.69M
No. of employees
10K
News stories
From web sources and news partners
AD HOC NEWS
·
2 hours ago
Optimum Communications stock gained 7.6 percent on October 5 2026 when not? No, invalid
StockStory
·
13 hours ago
Optimum Communications (OPTU) Stock Trades Up, Here Is Why
Zacks
·
18 hours ago
Can VZ's Satellite Connectivity Venture With T & TMUS Spur Growth?
Stock Titan
·
22 hours ago
Lake Charles groups will receive $4,000 as Optimum holds a week of community events
Profile
Optimum Communications, Inc. is an American telecommunications provider owned by French–Israeli businessman Patrick Drahi. The company primarily provides digital cable television and broadband services in the New York metropolitan area as well as in several Midwestern and Southern U.S. states. With approximately 4.9 million residential and business customers in 21 U.S. states as of 2017 it is the fourth-largest telecommunications company in the United States. Optimum is based at One Court Square in Long Island City, Queens, New York City. The company's operational center is located at Cablevision's former headquarters in Bethpage, New York, on Long Island.
The company was formed via the acquisitions of Suddenlink Communications and Cablevision by Drahi's Altice in 2016. In 2017, the subsidiary went public on the New York Stock Exchange, and in 2018 was spun off from Altice as an independent company, although it still remains controlled by Drahi.
The company operates cable television and broadband services under the brand Optimum, which originated from Cablevision; the brand was extended to Suddenlink's systems in 2022, and became Altice USA's corporate name in 2025. Wikipedia
About Optimum Communications Inc
CEODennis Mathew
Employees9.5K
FoundedSep 14, 2015
Headquarters-
SectorCable television
Websiteoptimum.com
Analyst ratings
Based on 8 analysts giving stock ratings to OPTU in the past 3 months
Sell
Buy
1
Hold
3
Sell
4
12-month forecast
Based on 8 Wall Street analysts offering 12 month price targets for OPTU in the last 3 months.
Highest
Current $0.99
$2.00 (+102.24%)
Average
$1.05 (+6.18%)
Lowest
$0.50 (-49.44%)
Analyst | Recommendation | Action | Price target | Projected | Date |
|---|---|---|---|---|---|
Kannan Venkateshwar Barclays | Hold | Maintained | $1.00 | +1.1% | 09/29/2026 |
Unknown Analyst UBS | Hold | Reiterated | $1.00 | +1.1% | 09/22/2026 |
Sebastiano Petti J.P. Morgan | Sell | Maintained | - | - | 09/01/2026 |
Michael Rollins Citi | Sell | Maintained | $0.50 | -49.4% | 08/11/2026 |
Steven Cahall Wells Fargo | Sell | Maintained | $0.75 | -24.2% | 08/11/2026 |
Jessica Reif Ehrlich Bank of America Securities | Sell | Maintained | - | - | 08/07/2026 |
Gregory Williams TD Cowen | Buy | Reiterated | $2.00 | +102.2% | 08/07/2026 |
Matthew Harrigan StoneX | Hold | Maintained | - | - | 08/05/2026 |
Unknown Analyst Exane BNP Paribas | Buy | Upgraded | - | - | 06/03/2026 |
Nilesh Bhaiya Citi | Sell | Maintained | $1.00 | +1.1% | 06/01/2026 |
Nilesh Bhaiya Citi | Sell | Maintained | $1.00 | +1.1% | 06/01/2026 |
Kutgun Maral Evercore ISI | Hold | Maintained | $1.25 | +26.4% | 05/12/2026 |
Frank Louthan Raymond James | Hold | Downgraded | - | - | 03/10/2026 |
Benjamin Swinburne Morgan Stanley | Hold | Maintained | $2.00 | +102.2% | 02/13/2026 |
Last report
Aug 6, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
- / -$0.07
Revenue / Est. (USD)
2.02B / 2.04B
Fiscal Q2 2026 earnings call
youtube_liveWaiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
- Quarterly
- Annual
All values in USD | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
Revenue | 2.11B | 2.18B | 2.07B | 2.02B |
Cost of goods sold | 639.01M | 664.95M | 631.13M | 587.65M |
Cost of revenue | 639.01M | 664.95M | 631.13M | 587.65M |
Research and development expenses | - | - | - | - |
Total research and development expenses | - | - | - | - |
Selling, general, and admin expenses | - | 253.37M | - | - |
Operating expense | 1.07B | 1.11B | 1.08B | 1.25B |
Total operating expenses | 1.71B | 1.77B | 1.72B | 1.84B |
Operating income | 399.26M | 408.08M | 349.92M | 184.02M |
Other non operating income | -591.00K | -663.00K | -529.00K | -315.00K |
EBT including unusual items | -1.62B | -83.74M | -2.92B | -320.80M |
EBT excluding unusual items | -59.31M | -51.49M | -106.03M | -291.87M |
Income tax expense | -1.40M | -31.90M | -45.11M | -38.67M |
Effective tax rate | 0.09% | 38.10% | 1.54% | 12.05% |
Other operating expenses | 642.52M | 446.62M | 662.85M | 839.31M |
Net income | -1.63B | -71.20M | -2.88B | -291.76M |
Net profit margin | -77.13% | -3.26% | -139.64% | -14.42% |
Earnings per share | -0.13 | - | -0.20 | - |
Interest and investment income | - | - | - | - |
Interest expense | -457.98M | -458.91M | -455.42M | -475.58M |
Net interest expenses | -457.98M | -458.91M | -455.42M | -475.58M |
Depreciation and amortization charges | 415.31M | 453.48M | 406.50M | 407.08M |
EBITDA | 814.57M | 861.56M | 756.42M | 591.10M |
Gain or loss from assets sale | - | - | - | - |
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider | Position | Type | Date | Shares | Amount |
|---|---|---|---|---|---|
Page 1