Andersen Group Inc. (ANDG) stock

NYSE: ANDG NYSE Diversified Support Services Next results ~November 12, 2026

Andersen Group Inc. is a US-listed company in the diversified support services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$44

Valuation models combined (2)

Base case. Range ~$28–$110. Weighted average of 2 models (forward price-to-earnings vs peers, forward price-to-sales vs peers), the forward price-to-earnings vs peers counting double.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Andersen Group Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Insiders5 buying, 1 selling7 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
Funds62 adding, 23 cuttingOf 29 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 26% in the quarter to 2026-03-31, the 2nd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Andersen Group Inc.'s latest figures clears our strength thresholds.

Things to watch

Volatile shares. Over the past year the shares showed annualised volatility of 58% and a beta of 0.6 against the S&P 500.
Heavily shorted. 24.6% of the shares available to trade are sold short (5.5 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 12, 2026

Earnings per share: $0.56 against an average estimate of $0.44: beat by 25.9%
Revenue: $218m, up 23.7% on a year earlier
Share reaction: -0.4% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Guidance given: revenue growth rate growth 18% (Full-Year 2026); adjusted EBITDA $225m to $250m (Full-Year 2026)
Next report: November 12, 2026; average EPS estimate $1.09

Andersen Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

1 day+0.1%
1 week+3.5%
1 month+15.3%
This year+153.8%
S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results: August 12, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

October 15, 2026Share issue

Andersen Group Inc. sold unregistered shares

SEC 8-KRead source ↗
October 14, 2026Leadership

Andersen Group Inc. announced a director or officer change

SEC 8-KRead source ↗
August 12, 2026Results

Andersen Group Inc. reported results; made a public disclosure

SEC 8-KRead source ↗
August 12, 2026Guidance

Guidance issued: revenue growth rate of 18.00 for the Full-Year 2026

The company also guided to adjusted ebitda of $225.00m to $250.00m for the Full-Year 2026; adjusted ebitda margin of 23.00 to 25.00 for the Full-Year 2026.

Company results release
July 7, 2026Insider trade

Durable Capital Partners Lp (10% owner) sold $13.5M of stock

SEC Form 4

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Andersen Group Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Andersen Group Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.81 times a 4.5% equity risk premium.

Value per share by model
Model	Value per share	In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$28 ~$27–$49	Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years.	—	Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns.	—	Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$110 ~$71–$290	Included, half weight
Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%.	—	Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts.	—	Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable.	—	Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out.	~$44 ~$28–$110	2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Andersen Group Inc. with Diversified Support Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $334m and EPS of $1.09 (range $0.94 to $1.31) for the quarter.

Analysts' consensus

Andersen Group Inc.: consensus estimates
Fiscal year	EPS	Growth	Revenue	Growth
Current	$1.87	−4%	$993m	+18%
Next	$2.28	+22%	$1.2bn	+18%

Next year's EPS estimate has moved +4.1% in 90 days, across 8 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +6.1% on 90 days ago. In the last 30 days, 6 analysts raised Andersen Group Inc.'s forecast and 0 cut it.

Consensus EPS forecast Andersen Group Inc., last 90 days

Average of analysts' published estimates (third-party data).

View chart data

Period	Current fiscal year	Next fiscal year
90 days ago	$1.76	$2.19
60 days ago	$1.87	$2.28
30 days ago	$1.87	$2.28
7 days ago	$1.87	$2.28
Now	$1.87	$2.28

Earnings against estimates

Andersen Group Inc.: reported EPS against the consensus estimate
Quarter to	Estimate	Actual	Surprise
Mar 2026	$0.44	$0.56	+25.9%
Dec 2025	−$0.23	$0.07	+130.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 12, 2026

Revenue growth rate Full-Year 2026 about 18% growth Maintained

“Revenue expected to be in the range of approximately $980 million to $1 billion, equating to a growth rate of approximately 18%.” source
Adjusted EBITDA Full-Year 2026 $225m to $250m Non-GAAP Maintained

“Adjusted EBITDA projected in the range of approximately $225 million to $250 million with Adjusted EBITDA margins in the range of approximately 23% to 25%.” source
Adjusted EBITDA margin Full-Year 2026 23% to 25% Non-GAAP Maintained

“Adjusted EBITDA projected in the range of approximately $225 million to $250 million with Adjusted EBITDA margins in the range of approximately 23% to 25%.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

8 analysts, Oct 2026

Buy563%

Hold338%

Sell00%

Monthly trend

Oct 2026538
Sep 2026538
Aug 2026527
Jul 2026527

Counts of recommendations published by analysts covering Andersen Group Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest: 24.6%
Days to cover: 5.48
Short interest, 1 month: +27%
Held by institutions: 90%
Held by insiders: 0.2%
Employees: 2,690

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Andersen Group Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year	2026 to date
Return
ANDG	+154%
Industry peers (median)	−17%
S&P 500	+11%
Months that ended higher
ANDG	82%
S&P 500	46%
Largest fall from a high during the year
ANDG	−29%
S&P 500	−9%

Worst fall since December 17, 2025: 31% from December 22, 2025 to February 11, 2026. Getting back needed a 44% gain, reached on March 18, 2026, 35 days after the low.

Price behaviour

52-week range: Not enough history
From 52-week high: —
vs 50-day average: +15.4%
vs 200-day average: +66.8%
Volatility (1 year): 58%
Beta vs S&P 500: 0.64

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day: 1 up, 2 down
After a week: 1 up, 2 down
After a month: 2 up, 1 down

Andersen Group Inc.: share-price change after each results release
Results released	Next day	S&P 500 next day	5 days	21 days
August 12, 2026	−0.4%	+0.9%	−7.1%	+10.7%
May 12, 2026	−3.1%	+0.4%	−4.7%	−4.5%
March 17, 2026	+21.0%	−1.1%	+14.2%	+42.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Andersen Group Inc.: annual financial statements
Fiscal year	2023 Dec 2023	2024 Dec 2024	2025 Dec 2025
Income
Revenue	639	732	839
EBITDA	125	138	−126
Operating income	117	130	−135
Net income	119	135	−2
Growth (year on year)
Revenue	—	+14.5%	+14.6%
EBITDA	—	+10.7%	−191.6%
Operating income	—	+10.9%	−204.4%
Net income	—	+13.6%	−101.7%
Margins
EBITDA margin	19.5%	18.8%	−15.1%
Operating margin	18.3%	17.7%	−16.1%
Net margin	18.6%	18.4%	−0.3%
Free-cash-flow margin	17.7%	19.6%	20.8%
Cash flow
Cash from operations	118	152	185
Capital spending	5	9	10
Free cash flow	113	144	174
Stock-based pay	0	0	147
Free cash flow after stock pay	113	144	27
Balance sheet
Cash	72	88	250
Total debt	0	0	412
Net debt (negative = net cash)	−72	−88	162
Returned to shareholders
Dividends	—	—	212
Total returned	—	—	212

US$ millions unless shown otherwise. Fiscal quarters; growth is against the same quarter a year earlier.

Andersen Group Inc.: quarterly financial statements
Quarter	2025 Q1 Mar 2025	2025 Q2 Jun 2025	2026 Q1 Mar 2026	2026 Q2 Jun 2026
Income
Revenue	208	176	241	218
EBITDA	55	−103	26	−7
Operating income	53	−105	24	−9
Net income	51	−96	0	−1
Diluted EPS	—	—	$0.03	−$0.09
Growth (year on year)
Revenue	—	—	+15.7%	+23.7%
EBITDA	—	—	−51.9%	—
Operating income	—	—	−54.3%	—
Net income	—	—	−99.0%	—
Margins
EBITDA margin	26.3%	−58.7%	10.9%	−3.0%
Operating margin	25.3%	−59.8%	10.0%	−4.1%
Net margin	24.3%	−54.5%	0.2%	−0.5%
Free-cash-flow margin	4.8%	27.9%	−3.1%	27.9%
Cash flow
Cash from operations	11	51	−4	70
Capital spending	1	2	4	9
Free cash flow	10	49	−8	61
Stock-based pay	0	130	46	48
Free cash flow after stock pay	10	−81	−53	12

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · June 30, 2026

What it owns · $571m

Short-term assets $405mLonger-term assets $166m

What it owes, and who funded it · $540m

Short-term liabilities $185mLonger-term liabilities $355mShareholders' equity $-775m

Short-term assets cover short-term liabilities $405m of assets due within a year against $185m of liabilities due within a year.
Short-term assets cover long-term liabilities $405m short-term assets against $355m of longer-dated liabilities.
More cash than debt $176m of cash against $301m of debt.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Andersen Group Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Where the revenue comes from

Fiscal year to December 31, 2025

Products and services
Line of business	Revenue	Share	YoY
Private Client Services	$432M	51.5%	▲ 18.4%
Business Tax Services	$292M	34.8%	▲ 11.8%
Alternative Investment Funds	$72.9M	8.7%	▲ 5.8%
Valuation Services	$42.2M	5.0%	▲ 14.1%

Geography
Region	Revenue	Share	YoY
West Region	$353M	42.1%	▲ 9.2%
East Region	$326M	38.9%	▲ 19.7%
US Central Region	$160M	19.0%	▲ 17.6%

From Andersen Group Inc.'s 10-K filed March 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling

Reported value: $627M
Institutions reporting: 86
Shares held vs prior quarter: ▲ 5.4%
Positions opened / closed: 30 / 10

62 bought 23 sold

Top buyers and sellers, Q2 2026: 62 institutions bought and 23 sold ; the biggest buyer was Kayne Anderson Rudnick Investment Management LLC (+899K shares) and the biggest seller Jpmorgan Chase & Co (−447K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager	Value	Shares	Share of 13F value	Shares QoQ
Brown Advisory Inc	$81.7M	2.2M	13.0%	▼ 11.2%
Durable Capital Partners LP	$63M	1.7M	10.0%	0.0%
Jpmorgan Chase & Co	$53.6M	1.4M	8.5%	▼ 24.0%
Royce & Associates LP	$42.9M	1.1M	6.8%	▼ 19.2%
Franklin Resources Inc	$34.1M	905K	5.4%	▼ 20.0%
BAMCO Inc	$34M	902K	5.4%	▲ 0.2%
Kayne Anderson Rudnick Investment Management LLC	$33.9M	899K	5.4%	New
J. Goldman & Co LP	$30.2M	801K	4.8%	▼ 33.3%
Driehaus Capital Management LLC	$21.2M	562K	3.4%	▲ 0.3%
Vanguard Capital Management LLC	$19.3M	512K	3.1%	▲ 0.4%
Seven Grand Managers, LLC	$18.9M	500K	3.0%	0.0%
Telemark Asset Management, LLC	$18.9M	500K	3.0%	0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Andersen Group Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

Insider purchases History → $8.2M 7 trades by 5 insiders, last 12 months Insider sales History → $13.5M 1 trade by 1 insider · 0% under pre-set plans

Net ▼ $5.3M net selling

Recent insider open-market transactions
Insider	Date	Trade	Shares	Price	Value
Durable Capital Partners Lp 10% owner	July 7, 2026	Sell	336,736	$40.01	$13.5M
Gunderson Robert V Jr Director	May 20, 2026	Buy	2,367	$35.82	$84,786
Nicolai John Director	December 18, 2025	Buy	9,475	$16.00	$151,600
Gunderson Robert V Jr Director	December 18, 2025	Buy	12,633	$16.00	$202,128
Joyce John R Director	December 18, 2025	Buy	10,422	$16.00	$166,752
Olson Ronald L Director	December 18, 2025	Buy	7,896	$16.00	$126,336
Durable Capital Partners Lp 10% owner	December 17, 2025	Buy	107,985	$21.36	$2.3M
Durable Capital Partners Lp 10% owner	December 17, 2025	Buy	250,000	$20.59	$5.1M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around October 26, 2026 estimated from the company's past filing pattern, not announced

August 12, 2026
May 12, 2026
March 17, 2026

Recent SEC filings

8-K Current report October 15, 2026
8-K Current report October 14, 2026
S-1 S-1 August 17, 2026
10-Q Quarterly report August 12, 2026
8-K Current report August 12, 2026
8-K Current report June 29, 2026
8-K Current report June 23, 2026
10-Q Quarterly report May 12, 2026

Data status

When each part of this page on Andersen Group Inc. was last updated.

Data	Last updated	Source
Share price	November 2, 2026	Exchange closing prices
Financial statements	August 12, 2026	SEC 10-K and 10-Q filings
News and updates	October 31, 2026, 7:55pm ET	Company releases and SEC 8-K filings
Analyst estimates	October 30, 2026, 9:48am ET	Aggregated analyst estimates
Valuation and scores	November 3, 2026, 9:09am ET	Our models, from the filed figures

How we build and check these figures: methodology and data sources.

Andersen Group Inc. in brief

What does Andersen Group Inc. do?: Andersen Group Inc. is a US-listed company in the diversified support services industry. Its financial year ends in December.
What is Andersen Group Inc.'s stock ticker?: Andersen Group Inc. trades under the ticker ANDG on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Andersen Group Inc.'s largest institutional shareholders?: By value reported in 13F filings for June 30, 2026, the largest reported holders are Brown Advisory Inc, Durable Capital Partners LP and Jpmorgan Chase & Co. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Are insiders buying or selling Andersen Group Inc. stock?: Over the last 12 months, Andersen Group Inc.'s directors and officers reported 7 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Andersen Group Inc.'s next earnings date?: Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Andersen Group Inc. announces its own schedule.