QM · rank #7 · 2026-10-23
ATEX
NASDAQ · $1.56B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +269.31% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +27.9% |
| Profit margin Net profit margin, trailing 12 months. | +933.0% |
| Market cap (USD) Size filter: > $500M required. | $1.56B |
| Anchor (recent) Close on 2026-09-23 | $83.98 |
| Anchor (far) Close on 2025-09-23 | $22.74 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Anterix Inc monetizes its licensed 900 MHz broadband spectrum through sales, long-term leases, and ancillary tower and connectivity services for utility and critical-infrastructure private networks.
Rationale
The strong momentum and quality signal is backed by $197.8 million in long-term contractual performance obligations, a debt-free balance sheet with $116 million in cash, a $250 million share repurchase program, and expanding device adoption via 900 MHz iPhone integration.
Material risks
- 1Utilities may choose managed public carrier services from AT&T, Verizon, or T-Mobile or alternative private spectrum solutions such as CBRS and 800 MHz over Anterix’s 900 MHz offering.
- 2Monetization progress depends on regulatory approvals, complex spectrum clearing and retuning, and lengthy utility sales cycles.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.