Optimum Communications (OPTU)
Sells Optimum-branded internet, TV, phone, mobile, business fiber, news, and advertising services.
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Serves residential and business customers in the United States through Optimum broadband, video, telephony, and mobile services, alongside business fiber, News 12, and Optimum Media. The company reports one operating segment, with broadband as its largest revenue line and video second.
Built from the Cablevision/Optimum and Suddenlink systems, the business now sells Optimum-branded broadband, video, telephony, and mobile services to residential and business customers in the United States. Enterprise and small-business revenue comes through business services and wholesale, including fiber-based telecom services.
News 12 adds hyperlocal news, while Optimum Media sells audience-based multiscreen advertising and data services. Operations are managed as one segment by the CEO, and the consumer brand has been unified after the Suddenlink and mobile rebrands.
Broadband is the largest revenue line and video is second, making connectivity and pay-TV execution central to the business. Customer relationships and residential broadband, video, and telephony counts have been declining, while mobile lines have grown; fiber and fixed-wireless competitors shape the operating backdrop.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| May 15, 2026 | Citigroup | Downgrade | ||
| May 14, 2026 | UBS | Reiterate | Rating: —Target: — | Target: $1 |
| May 12, 2026 | Evercore ISI | Target | Target: $2 | Target: $1.25 |
| May 8, 2026 | Goldman Sachs | Target | Target: $1.75 | Target: $1 |
| May 8, 2026 | Barclays | Reiterate | Rating: —Target: — | Target: $1 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.30B · Total debt $26.78B · Total assets $28.08B · Shareholders' equity −$5.55B
- Revenue
- $2.02B
- Operating income
- $373.0M
- Net income
- −$291.8M
No dividends on record.
| Insiders | 27.67% | 129.98M shares | |
|---|---|---|---|
| 12 holders · as of Aug 5, 2026 | |||
| Other | 72.33% | 339.85M shares | |
| remainder | |||
469.83M company shares as of Sep 22, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Alt S.a.r.l. NextInsiderdirector, 10 percent owner | 23.14% | 108.73M | filed Jun 2, 2026 |
Canada Pension Plan Investment BoardInsider | 2.38% | 11.19M | filed Oct 9, 2019 |
Dexter GoeiInsiderdirector | 0.75% | 3.55M | filed Jun 2, 2026 |
Dennis MathewInsiderdirector, officer: Chairman and CEO | 0.59% | 2.76M | filed Jun 2, 2026 |
Marc SirotaInsiderofficer: Chief Financial Officer | 0.22% | 1.03M | filed Jun 2, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 25, 2026 | Neil S. Subin | 10 percent owner | +400 | $0.8500 |
| Aug 24, 2026 | Neil S. Subin | 10 percent owner | +171,711 | $0.8350 |
| Aug 21, 2026 | Neil S. Subin | 10 percent owner | +535,191 | $0.8457 |
| Aug 20, 2026 | Neil S. Subin | 10 percent owner | +50,536 | $0.8473 |
| Aug 19, 2026 | Neil S. Subin | 10 percent owner | +1,291,471 | $0.8391 |
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Optimum Communications | $1.13 | −0.44% | $507.3M | — | — | 0.1 | −5.8% |
| Verizon | $46.54 | +0.17% | $199.09B | 12.4 | 9.1 | 1.4 | −0.7% |
| Comcast | $22.45 | +0.11% | $81.37B | 7.4 | 6.5 | 0.7 | −1.2% |
| Charter Communications | $117.88 | +0.51% | $16.62B | 3.2 | 2.7 | 0.3 | −1.7% |
| AT&T | $25.13 | 0.00% | $174.53B | 8.5 | 10.4 | 1.4 | +2.3% |
| T-Mobile | $162.89 | +0.31% | $177.28B | 17.3 | 12.9 | 1.9 | +7.9% |
| SpaceX | $154.24 | −0.31% | $2.00T | — | 105.4 | — | — |
| EchoStar | $86.98 | −5.04% | $25.07B | — | 38.3 | 1.7 | −5.2% |
| Lumen Technologies | $6.40 | +0.16% | $6.66B | — | — | 0.6 | −9.3% |
| Median | 8.5 | 10.4 | 1.4 | −1.2% |