Why Is Anterix Inc (ATEX)Surging In 2025?

We recently published a list of Why These 15 Telecom Stocks Are Surging In 2025. In this article, we are going to take a look at where Anterix Inc (NASDAQ:ATEX) stands against other telecom stocks that are surging in 2025.

The telecom sector has seen many ups and downs in the past few years. Post-COVID, these stocks declined even more due to the inflation wave and the subsequent interest rate hikes. Telecommunication companies usually have significant debt on their balance sheets due to infrastructure CapEx, and they were among the hardest hit.

However, rates are now slowly coming down, and these stocks are also starting to bottom out and turn a corner. Many telecom stocks are still profitable and pay dividends. Falling bond yields are making them even more attractive. It’s a good idea to keep tabs on which telecom stocks are spearheading the gains so far this year.

Methodology

For this article, I screened the best-performing telecom stocks year-to-date.

I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Why Is Anterix Inc (ATEX)Surging In 2025?

A technician working on an aerial view of a critical infrastructure, emphasizing the importance of the company’s utility services.

Anterix Inc (NASDAQ:ATEX)

Number of Hedge Fund Holders In Q4 2024: 21

Anterix Inc (NASDAQ:ATEX) is a wireless communications company that specializes in private broadband networks for key infrastructure sectors.

The stock is up significantly so far in 2025 as Anterix initiated a strategic review process after receiving inbound interest from potential buyers or partners. This development has fueled speculation about a potential merger or acquisition.

Moreover, Anterix reported a net profit of $7.7 million for Q3 FY2025. In comparison, net profit was $0.3 million in the year-ago quarter.

The company also received a $34 million payment from Oncor Electric Delivery Company in January 2025.

Plus, Anterix announced the AnterixAccelerator initiative to accelerate private wireless broadband adoption among utility companies. This program includes a $250 million investment and has already attracted interest from over 15 utilities.

The consensus price target of $67 implies 75.67% upside.

ATEX stock is up 24.16% year-to-date.

Overall, ATEX ranks 4th on our list of telecom stocks that are surging in 2025. While we acknowledge the potential of ATEX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ATEX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.