Why These 15 Telecom Stocks Are Surging In 2025

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9. Altice USA Inc (NYSE:ATUS)

Number of Hedge Fund Holders In Q4 2024: 38

Altice USA Inc (NYSE:ATUS) is a telecom provider that offers broadband, video, and mobile services under the Optimum brand.

The stock is up significantly so far in 2025 as Raymond James upgraded Altice USA’s stock from “market perform” to “outperform,” and it also set a $3.5 price target. Moreover, Citi analysts raised their price target to $3 late last year.

The company is targeting $100 million in revenue growth this year, and despite missing Q4 estimates, there was still optimism about the company making a turnaround.

The consensus price target of $2.15 implies 21.1% downside.

ATUS stock is up 12.66% year-to-date.

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