Altice USA, Inc. ($ATUS) Stock Forecast: Up 6.8% Today

What is Altice USA, Inc.?

Altice USA (ATUS) is a telecommunications company that provides cable television, internet, and phone services in the United States. Today, the stock had a strong bullish movement.

Why is Altice USA, Inc. going up?

ATUS stock is up 6.8% on Jan 14, 2025 15:15

• Altice USA's decision to keep MSG Networks, which covers popular sports teams like the Knicks, Rangers, Islanders, and Devils, off the air may have initially caused concern among investors.
• However, the strong bullish movement in ATUS stock suggests that investors may be optimistic about Altice USA's overall business strategy despite the dispute with MSG Networks.
• This bullish movement could indicate that investors believe Altice USA has alternative plans or that the impact of losing MSG Networks may not be as significant as initially feared.

ATUS Price Chart

ATUS Technical Analysis

ATUS News

ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR - Sphere Entertainment ( NYSE:SPHR )

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- MSG Networks released the following statement about their dispute with Altice USA: "Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers.

https://www.benzinga.com/pressreleases/25/01/n42930110/altice-usa-is-abandoning-local-sports-fans-and-is-keeping-msg-networks-and-its-knicks-rangers-isla

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Altice USA, Inc. Price History

25.08.2024 - ATUS Stock was up 11.0%

• Altice USA Inc. (ATUS) saw a significant bullish movement today, possibly driven by positive market sentiment and strong buying interest.
• The news about AudioCodes (AUDC) experiencing a jump in stock price might have contributed to the overall positive market sentiment, leading to increased investor confidence.
• The bullish movement in ATUS could also be a result of broader market trends or sector-specific developments that favored the company's growth prospects.
• Investors may have reacted positively to the news, anticipating potential opportunities for Altice USA Inc. (ATUS) to capitalize on the current market conditions and drive further growth in the near future.

08.10.2024 - ATUS Stock was down 5.0%

• ATUS reported a wider-than-expected loss in Q3, with revenues declining year over year, indicating a challenging operating environment.
• The missed revenue estimates by ATUS further added to the negative sentiment surrounding the stock, leading to the bearish movement.
• The softness in demand across several segments, coupled with macroeconomic headwinds, likely contributed to the disappointing performance of ATUS in the market today.
• Investors may be concerned about the future outlook of ATUS given the significant earnings and revenue misses, prompting the bearish trend in the stock price.

07.00.2025 - ATUS Stock was down 5.3%

• The bearish movement in ATUS stock today could be attributed to the standoff between Optimum (Altice USA) and MSG Networks, which has resulted in MSG Networks going dark for Optimum cable customers.
• The potential financial pressure on MSG Networks due to the standoff, as highlighted by the JP Morgan analyst, may have raised concerns among investors about the impact on Altice USA's business and future revenue streams.
• The uncertainty surrounding the situation and the possibility of MSG Networks facing financial challenges could have led to a negative sentiment towards Altice USA, contributing to the bearish market movement of ATUS stock today.

03.00.2025 - ATUS Stock was up 5.1%

• Altice USA's stock saw a bullish trend possibly due to successful negotiations with content providers like MSG Networks, ensuring uninterrupted access to popular sports programming for customers.
• The recent blackout of MSG Networks for Optimum cable customers could have enhanced subscriber retention and prompted new customer acquisitions, instilling confidence in the company's future growth among investors.
• This incident highlights Altice USA's adept handling of content disputes and underscores the significance of diversified service offerings in the telecommunications sector, potentially attracting a broader investor base.

28.07.2024 - ATUS Stock was down 5.1%

• The bearish movement in Altice USA's stock today could be attributed to profit-taking by investors after recent bullish runs.
• The upcoming presentations at prestigious conferences may have raised concerns or uncertainties among investors about the company's future outlook.
• Investors might be reacting to the lack of significant announcements or updates, leading to a sell-off in the stock.
• The absence of any major positive catalysts could have contributed to the downward pressure on Altice USA's stock price.

09.09.2024 - ATUS Stock was up 5.2%

• Despite recent difficulties, Altice USA (ATUS) saw a significant upward trend in the market today.
• This market movement may be linked to encouraging earnings prospects or strategic operational choices.
• Investors seem hopeful about ATUS's capacity to address competition and handle its debt load efficiently, which has contributed to the positive market performance.

31.09.2024 - ATUS Stock was down 5.2%

• The market expected ATUS to beat earnings estimates.
• Despite the positive expectations, the stock saw a strong bearish movement.
• This unexpected drop in stock price could be attributed to factors beyond earnings, such as overall market sentiment or external economic factors.

05.10.2024 - ATUS Stock was down 5.1%

• ATUS stock saw significant downward movement today.
• The company had a loss in Q3 and did not meet revenue expectations.
• The unsatisfactory financial results probably influenced the market's negative trend.
• Investors may be anxious about the company's upcoming performance given this data.

14.00.2025 - ATUS Stock was up 6.8%

• Altice USA's decision to keep MSG Networks, which covers popular sports teams like the Knicks, Rangers, Islanders, and Devils, off the air may have initially caused concern among investors.
• However, the strong bullish movement in ATUS stock suggests that investors may be optimistic about Altice USA's overall business strategy despite the dispute with MSG Networks.
• This bullish movement could indicate that investors believe Altice USA has alternative plans or that the impact of losing MSG Networks may not be as significant as initially feared.

02.07.2024 - ATUS Stock was down 5.3%

• ATUS stock was downgraded by UBS due to heightened competition in fixed wireless and fiber, resulting in diminished confidence in the company's future prospects.
• Q2 earnings for Altice USA were lower than anticipated by Wall Street, falling short on revenue, EPS, free cash flow, and adjusted EBITDA, leading to disappointment among investors.
• Internet revenue for the company also missed expectations, indicating potential obstacles in a critical revenue-generating sector.
• The substantial decrease in Altice USA's stock price today can be attributed to the underwhelming quarterly results and worries about competitive pressures.

13.07.2024 - ATUS Stock was up 6.1%

• Despite hitting a 52-week low recently, Altice USA stock saw a strong bullish movement today.
• Market challenges could have prompted investors to reevaluate the stock, leading to increased buying interest.
• The bullish movement may indicate perceived potential for recovery or positive developments in the company's future performance.
• This unexpected bullish movement might be a result of short-term market dynamics or speculative trading activity.

14.07.2024 - ATUS Stock was down 5.3%

• Altice USA stock hit a 52-week low at $1.53, indicating significant downward pressure on the stock.
• A prominent investment firm, exited its position in Altice USA, which might have contributed to the negative sentiment surrounding the stock.
• Market challenges in the telecommunications sector could be impacting Altice USA's performance, leading to the bearish movement in the stock price.
• The combination of the firm's exit and the overall market challenges could have intensified selling pressure on Altice USA, driving the stock to new lows.