ADTRAN Holdings, Inc. ADTN has unveiled its latest Positioning, Navigation and Timing (PNT) solution, the OSA aPNT+ platform, at Jammertest 2024 in Norway. The platform integrates various PNT sources, including Iridium Satellite Time and Location (STL) services to effectively reduce risks and set new standards for securing applications in the public and private sectors.

Adtran’s Oscilloquartz aPNT+ solution utilizes a multi-layered strategy that includes advanced Global Navigation Satellite Systems (GNSS) signal analyzers, anti-jamming antennas and artificial intelligence/machine learning (AI/ML)-enhanced firewalls. The platform proved highly resilient in a series of real-world tests against jamming and spoofing attacks. This highlights its vital importance in PNT security for critical sectors like infrastructure and defense, added Adtran. At Jammertest, key products, such as the OSA 5412, OSA 5422 and OSA 5430 grandmaster clocks, along with the OSA 5401 and OSA 5405 Series of compact solutions, also underwent thorough evaluation.

Adtran aims to differentiate itself from competitors with Oscilloquartz’s Syncjack technology, which effectively identifies and counters meaconing attacks. This comprehensive approach adheres to IEEE 1952 standards and establishes Oscilloquartz solutions as essential for sectors dependent on reliable PNT, such as telecommunications, defense and finance.

ADTRAN Holdings, Inc. Price and Consensus

ADTRAN Holdings, Inc. price-consensus-chart | ADTRAN Holdings, Inc. Quote

In June 2024, Adtran, in collaboration with Iridium, launched a cutting-edge synchronization solution for the European and Asia-Pacific regions. This solution, featuring Iridium STL technology, can transmit 1,000 times stronger and more secure PNT service signals than GNSS.

These recent product innovations are poised to boost ADTN’s revenues as it helps the company expand its footprint as a prominent PNT security solutions provider in critical infrastructure and defense sectors. Thus, financial performance of ADTN is likely to improve in the long run, propelling the stock upward.

Headquartered in Huntsville, ADTRAN designs, manufactures, markets and services network access solutions for communication networks. It develops markets and supports high-speed network access solutions for use across Internet protocol (IP), asynchronous transfer mode (ATM) and time division multiplexed (TDM) architectures in both wireline and wireless network applications.

ADTN’s Zacks Rank & Stock Price Performance

ADTN currently carries a Zacks Rank #3 (Hold). Shares of the company have lost 4.3% in the past year against the sub-industry's growth of 67.6%.

Image Source: Zacks Investment Research

Stocks to Consider

Some better-ranked stocks from the broader technology space are Cirrus Logic, Inc. CRUS, BlackBerry Limited BB and SS&C Technologies Holdings, Inc. SSNC.  BB & CRUS presently sport a Zacks Rank #1 (Strong Buy), whereas SSNC carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Double-digit year-over-year revenue growth across Cybersecurity and IoT businesses is boosting Blackberry’s performance. It delivered an earnings surprise of 131.3%, on average, in the trailing four quarters. In the last reported quarter, BB pulled off an earnings surprise of 100%. 

Cirrus Logic’s performance is driven by increasing shipments in the smartphone market. Steady momentum in the laptop market and standout next-generation flagship smartphone design cushion the top line. CRUS delivered an earnings surprise of 56.6%, on average, in the trailing four quarters.

SS&C Technologies Holdings delivers investment and financial management software and related services focused exclusively on the financial services industry. It delivered an earnings surprise of 3.5%, on average, in the trailing four quarters. In the last reported quarter, SSNC pulled off an earnings surprise of 2.9%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ADTRAN Holdings, Inc. (ADTN) : Free Stock Analysis Report

Cirrus Logic, Inc. (CRUS) : Free Stock Analysis Report

SS&C Technologies Holdings, Inc. (SSNC) : Free Stock Analysis Report

BlackBerry Limited (BB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research