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U.S. Alternative Carriers Industry Analysis

UpdatedAug 19, 2025
DataAggregated Company Financials
Companies29
  • 7D3.5%
  • 3M50.8%
  • 1Y5.4%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has risen 3.5%, driven by gains from Lumen Technologies of 25%. During this same period, the Globalstar underperformed, falling 6.8%. This means that the industry has gained 5.4% over the past year. Earnings are forecast to grow by 67% annually.

Industry Valuation and Performance

Has the U.S. Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Aug 2025US$31.6bUS$12.1b-US$4,806,528,867.8023.1x-6.6x2.6x
Thu, 17 Jul 2025US$31.6bUS$11.9b-US$1,332,859,826.9952.9x-23.7x2.6x
Sat, 14 Jun 2025US$24.9bUS$11.9b-US$1,351,914,047.6748.3x-18.4x2.1x
Mon, 12 May 2025US$20.0bUS$11.6b-US$1,318,852,985.8348.9x-15.1x1.7x
Wed, 09 Apr 2025US$21.0bUS$12.5bUS$564.7m21.9x37.1x1.7x
Fri, 07 Mar 2025US$27.2bUS$12.1bUS$627.7m29.2x43.4x2.2x
Sun, 02 Feb 2025US$22.3bUS$15.4b-US$4,987,484,767.2390.7x-4.5x1.4x
Tue, 31 Dec 2024US$26.5bUS$15.4b-US$4,983,706,908.2373.1x-5.3x1.7x
Thu, 28 Nov 2024US$25.3bUS$15.4b-US$4,980,839,685.0182x-5.1x1.6x
Sat, 26 Oct 2024US$28.1bUS$15.3b-US$2,233,742,509.3374.2x-12.6x1.8x
Mon, 23 Sep 2024US$27.5bUS$15.3b-US$2,262,976,884.9274.8x-12.2x1.8x
Wed, 21 Aug 2024US$30.2bUS$15.3b-US$2,262,673,206.0577.3x-13.3x2x
Fri, 19 Jul 2024US$23.2bUS$15.2b-US$1,804,731,538.20117.8x-12.9x1.5x
Sun, 16 Jun 2024US$19.9bUS$15.2b-US$1,779,777,664.46109.4x-11.2x1.3x
Tue, 14 May 2024US$18.9bUS$15.2b-US$1,774,116,403.1480.3x-10.6x1.2x
Thu, 11 Apr 2024US$19.1bUS$15.6b-US$3,034,493,334.3480.3x-6.3x1.2x
Sat, 09 Mar 2024US$19.5bUS$15.6b-US$3,012,312,014.0480.3x-6.5x1.3x
Mon, 05 Feb 2024US$24.9bUS$32.0b-US$15,453,227,435.0013.1x-1.6x0.8x
Wed, 03 Jan 2024US$26.9bUS$32.0b-US$15,448,940,831.0014.2x-1.7x0.8x
Fri, 01 Dec 2023US$23.4bUS$32.0b-US$15,449,003,231.009.8x-1.5x0.7x
Sun, 29 Oct 2023US$22.6bUS$32.8b-US$13,168,099,334.007.6x-1.7x0.7x
Tue, 26 Sep 2023US$25.9bUS$32.8b-US$13,163,129,325.009x-2x0.8x
Thu, 24 Aug 2023US$26.6bUS$32.8b-US$13,163,090,900.0010.7x-2x0.8x
Sat, 22 Jul 2023US$26.6bUS$33.1b-US$3,285,874,936.0042.9x-8.1x0.8x
Mon, 19 Jun 2023US$26.0bUS$33.1b-US$3,284,498,225.0021.9x-7.9x0.8x
Wed, 17 May 2023US$26.0bUS$33.1b-US$3,317,989,691.0018.2x-7.8x0.8x
Fri, 14 Apr 2023US$26.8bUS$34.0b-US$1,332,749,774.0017.9x-20.1x0.8x
Sun, 12 Mar 2023US$27.1bUS$34.0b-US$1,340,474,701.0018.7x-20.2x0.8x
Tue, 07 Feb 2023US$31.9bUS$35.1bUS$6.6b29.8x4.8x0.9x
Thu, 05 Jan 2023US$30.0bUS$35.1bUS$6.6b20.9x4.6x0.9x
Sat, 03 Dec 2022US$31.3bUS$35.1bUS$6.6b21.5x4.7x0.9x
Mon, 31 Oct 2022US$32.4bUS$35.7bUS$4.6b25.1x7x0.9x
Wed, 28 Sep 2022US$30.0bUS$35.6bUS$4.6b12.8x6.5x0.8x
Fri, 26 Aug 2022US$39.0bUS$35.6bUS$4.6b15.8x8.4x1.1x
Price to Earnings Ratio

8.4x


Total Market Cap: US$39.0bTotal Earnings: US$4.6bTotal Revenue: US$35.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -3.6x202320242025
Current Industry PE
  • Investors are optimistic on the American Alternative Carriers industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • Total earnings for the Alternative Carriers industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 30% per year, which is driving profits down.

Industry Comparison

How does U.S. Alternative Carriers compare with similar industries?

US Market1.26%
Telecom1.93%
Telecom Services and Carriers2.80%
Alternative Carriers3.46%
Integrated Telecom Services2.75%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LUMN Lumen TechnologiesUS$4.6925.4%
+US$974.8m		-18.6%PS0.4x
ASTS AST SpaceMobileUS$48.164.9%
+US$602.8m		24.8%PS2649.5x
LBTY.A Liberty GlobalUS$11.605.8%
+US$218.1m		-38.7%PS0.9x
CCOI Cogent Communications HoldingsUS$36.9014.0%
+US$215.8m		-51.3%PS1.9x
IRDM Iridium CommunicationsUS$24.653.7%
+US$94.4m		-10.6%PE23.1x

Latest News

LUMN
US$4.69
Lumen Technologies
7D
25.4%
1Y
-18.6%
IRDM
US$24.65
Iridium Communications
7D
3.7%
1Y
-10.6%

Investors Interested In Iridium Communications Inc.'s (NASDAQ:IRDM) Earnings

Aug 18
Investors Interested In Iridium Communications Inc.'s (NASDAQ:IRDM) Earnings
IQST
US$7.16
iQSTEL
7D
-9.4%
1Y
-55.2%
LILA
US$7.89
Liberty Latin America
7D
5.6%
1Y
-18.9%
NXPL
US$0.73
NextPlat
7D
-2.3%
1Y
-38.4%
GSAT
US$26.35
Globalstar
7D
-6.8%
1Y
32.1%
ATEX
US$22.23
Anterix
7D
6.1%
1Y
-42.8%
ASTS
US$48.16
AST SpaceMobile
7D
4.9%
1Y
24.8%
SIFY
US$8.64
Sify Technologies
7D
-0.1%
1Y
320.4%
CCOI
US$36.90
Cogent Communications Holdings
7D
14.0%
1Y
-51.3%

High-capacity Data Connectivity And Digital Networks Will Drive Success

Despite an improved consensus revenue growth forecast, a higher discount rate has more than offset the positive outlook, resulting in a significant reduction in Cogent Communications' consensus analyst price target from $68.73 to $57.91. What's in the News Board approved a regular quarterly dividend of $1.015 per share, a 0.5% increase from the prior quarter and 3.0% higher year-over-year.
BAND
US$14.37
Bandwidth
7D
9.7%
1Y
-16.9%
LBTY.A
US$11.60
Liberty Global
7D
5.8%
1Y
-38.7%