Why Is ANDERSEN GROUP INC A (ANDG) Stock Down Today?

Andersen Group Inc (ANDG) shares fell 5.45% to $61.86 as the company reported mixed third-quarter results and provided a new long-term outlook. The stock gapped down significantly at the open following the release of financial data that showed revenue growth but a GAAP earnings miss.

What Happened

The company reported Q2 revenue of $337.32 million, which rose 18.7% year over year and beat estimates by $3.69 million. However, GAAP EPS of -$0.55 missed expectations by $1.36. Management also announced five new acquisition agreements and detailed how these deals and pricing strategies are shaping its 2027 growth plan.

The company raised its 2026 revenue guidance to $990 million to $1.10 billion and set 2027 revenue guidance at $1.275 billion to $1.325 billion. It also raised its 2026 adjusted EBITDA guide to $255 million to $275 million. Analysts responded with mixed but generally positive actions. Morgan Stanley raised its price target to $59 from $54. Baird raised its target to $71 from $64, while Wells Fargo raised its target to $61 from $49. Truist reiterated its rating citing strong growth.

What The Data Shows

The stock opened at $60.00, representing an 8.3% gap down from the prior close of $65.42. The session high was $63.80 and the low was $58.50, both recorded at 9:30 AM ET. Volume stood at 0.1 million shares, which is 0.2 times the three-month daily average. The company has a market cap of $1.2 billion and a P/E ratio of 41.9. Revenue grew 18.0% over the trailing twelve months, with a net margin of 4.7%.

The stock printed a fresh 52-week low on November 13, 2026. The 52-week range is $18.12 to $68.41. Over the last eight sessions, the stock moved down 0.4% from $65.68 to $65.42.

What To Watch

Investors will monitor the company's execution on its new acquisition agreements and the trajectory of its 2027 revenue guidance. The market will also watch how the stock reacts to the recent price target increases from major banks.