
Shenandoah Telecommunications (SHEN) Stock Forecast & Price Target
Shenandoah Telecommunications (SHEN) Analyst Ratings
Bulls say
Shenandoah Telecommunications Company is strategically enhancing its growth potential through a transformative acquisition of Horizon Telcom, which effectively doubles its commercial fiber segment and positions the company to expand its residential Glo Fiber buildout beyond its core markets. The company has demonstrated strong operational performance by adding over 5,000 Glo Fiber customers in the first quarter, with expectations for continued growth as it approaches peak seasonal periods for net additions. Furthermore, the decision to increase the 2026 target for FTTH passes by 100,000 underscores the company's confidence in leveraging its Horizon fiber network to capitalize on greenfield market opportunities.
Bears say
Shenandoah Telecommunications Company is facing challenges with its Horizon subsidiary as the sub-scale fiber-to-the-home (FTTH) segment likely generated negative EBITDA in 2022, which raises concerns about profitability within that area. In addition, the company’s stock has experienced a significant decline of 27.2 percent over the past two months, highlighting increasing investor apprehension amid rising inflationary pressures and constricted capital costs. The competitive landscape for broadband services is expected to intensify, coupled with elevated political risks that may result in regulatory scrutiny, compounding the uncertainty surrounding Shenandoah’s future performance.
This aggregate rating is based on analysts' research of Shenandoah Telecommunications and is not a guaranteed prediction by Public.com or investment advice.
Shenandoah Telecommunications (SHEN) Analyst Forecast & Price Prediction
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