Benchmark Has Lowered Expectations for Charter Communications (NASDAQ:CHTR) Stock Price

Charter Communications (NASDAQ:CHTR) had its price target decreased by stock analysts at Benchmark from $455.00 to $435.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Benchmark’s target price suggests a potential upside of 141.49% from the company’s previous close.

Several other research firms also recently weighed in on CHTR. Deutsche Bank Aktiengesellschaft cut their target price on Charter Communications from $275.00 to $235.00 and set a “hold” rating on the stock in a research report on Tuesday, February 3rd. KeyCorp reissued a “sector weight” rating on shares of Charter Communications in a research report on Monday, January 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of Charter Communications in a research report on Friday, March 27th. UBS Group set a $425.00 price objective on Charter Communications in a research report on Thursday, January 29th. Finally, New Street Research cut their price objective on Charter Communications from $479.00 to $328.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Charter Communications presently has an average rating of “Hold” and an average target price of $334.00.

Charter Communications Stock Performance

NASDAQ CHTR opened at $180.13 on Thursday. The company has a market cap of $22.81 billion, a P/E ratio of 4.96, a P/E/G ratio of 0.40 and a beta of 1.03. The company has a debt-to-equity ratio of 4.65, a quick ratio of 0.39 and a current ratio of 0.39. The business’s 50 day moving average price is $224.64 and its 200-day moving average price is $219.43. Charter Communications has a fifty-two week low of $178.00 and a fifty-two week high of $437.06.

Charter Communications (NASDAQ:CHTR) last released its earnings results on Friday, April 24th. The company reported $9.17 earnings per share for the quarter, missing the consensus estimate of $10.01 by ($0.84). The company had revenue of $13.60 billion for the quarter, compared to the consensus estimate of $13.56 billion. Charter Communications had a net margin of 9.10% and a return on equity of 24.63%. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $8.42 EPS. Sell-side analysts predict that Charter Communications will post 43.56 earnings per share for the current year.

Hedge Funds Weigh In On Charter Communications

Several hedge funds have recently bought and sold shares of the business. Dodge & Cox grew its position in Charter Communications by 23.7% in the 4th quarter. Dodge & Cox now owns 14,609,220 shares of the company’s stock valued at $3,049,675,000 after acquiring an additional 2,801,671 shares during the last quarter. Vanguard Group Inc. grew its position in Charter Communications by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 10,248,287 shares of the company’s stock valued at $2,139,330,000 after acquiring an additional 885,935 shares during the last quarter. State Street Corp grew its position in Charter Communications by 22.7% in the 3rd quarter. State Street Corp now owns 7,961,695 shares of the company’s stock valued at $2,190,302,000 after acquiring an additional 1,475,383 shares during the last quarter. Capital Research Global Investors grew its position in shares of Charter Communications by 304.9% during the 4th quarter. Capital Research Global Investors now owns 4,815,422 shares of the company’s stock worth $1,005,222,000 after buying an additional 3,626,135 shares in the last quarter. Finally, First Eagle Investment Management LLC grew its position in shares of Charter Communications by 119.6% during the 4th quarter. First Eagle Investment Management LLC now owns 2,969,507 shares of the company’s stock worth $619,885,000 after buying an additional 1,617,148 shares in the last quarter. Institutional investors own 81.76% of the company’s stock.

Key Stories Impacting Charter Communications

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: Mobile growth, stronger advertising sales and ongoing buybacks provide some offsets to broadband weakness; bulls point to sustainable cash flow and a lower leverage profile. Seeking Alpha bullish note
• Positive Sentiment: Some sell‑side support remains: Benchmark lowered its target slightly but kept a Buy rating with a high upside target vs. the current share level. Benchmark target report
• Neutral Sentiment: Company released its full Q1 materials (press release, slide deck, earnings transcript) for investor review — useful for modeling but not market-moving by itself. Q1 press release / slide deck
• Neutral Sentiment: Reported short-interest data appears anomalous (zero shares reported and NaN increase), so there’s no clear signal from short-position metrics at this time.
• Negative Sentiment: Q1 EPS missed consensus: $9.17 vs. ~$10.01 expected, a primary catalyst for the selloff. Zacks earnings summary
• Negative Sentiment: Broadband subscriber losses exceeded expectations as rivals ran aggressive promotions; this worsens revenue risk and renews competition concerns from fixed wireless and fiber providers. Reuters on broadband losses
• Negative Sentiment: Revenue down ~1% Y/Y to $13.6B and industry commentary highlights the result as a sector drag — contributing to the sharp intra‑day drop. WSJ revenue report
• Negative Sentiment: Kuehn Law announced an investor probe into possible officer/director breaches, which raises legal/exec‑risk overhang for shareholders. GlobeNewswire on law firm probe

About Charter Communications

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.