Brokerages Set Charter Communications, Inc. (NASDAQ:CHTR) Target Price at $249.12

Charter Communications, Inc. (NASDAQ:CHTRGet Free Report) has received an average rating of “Reduce” from the nineteen analysts that are presently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $249.1250.

CHTR has been the subject of several recent research reports. BNP Paribas Exane lowered their price objective on shares of Charter Communications from $150.00 to $120.00 and set an “underperform” rating for the company in a research report on Tuesday, July 14th. The Goldman Sachs Group decreased their target price on shares of Charter Communications from $185.00 to $125.00 and set a “sell” rating for the company in a research note on Thursday, July 2nd. Citigroup lowered their price target on shares of Charter Communications from $230.00 to $190.00 and set a “buy” rating for the company in a report on Monday, June 29th. JPMorgan Chase & Co. dropped their price target on shares of Charter Communications from $215.00 to $200.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Finally, Benchmark reaffirmed a “buy” rating on shares of Charter Communications in a research note on Wednesday.

Check Out Our Latest Report on Charter Communications

Charter Communications News Roundup

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

  • Positive Sentiment: Charter beat second-quarter earnings expectations, reporting $10.66 per share versus estimates around $9.98, and revenue of $13.53 billion came in slightly ahead of forecasts. Charter Announces Second Quarter 2026 Results
  • Positive Sentiment: Mobile line growth remained a bright spot, with the company adding more than 400,000 new mobile lines, showing that its wireless expansion is still gaining traction. MarketWatch article on internet erosion
  • Neutral Sentiment: Charter also announced debt exchange offers, which could help manage its capital structure, but the move is not a clear near-term catalyst for the stock. Charter Announces Debt Exchange Offers
  • Negative Sentiment: Broadband subscriber losses were steeper than expected, reinforcing concerns that Charter is losing share to fiber and fixed-wireless competitors and weakening the outlook for its core internet business. Reuters broadband customer losses article
  • Negative Sentiment: Multiple reports say Charter’s shares fell sharply to fresh lows as investors worried about ongoing internet and video customer losses, declining revenue, and a worsening competitive environment. MarketWatch article on Charter stock sharply lower

Charter Communications Price Performance

CHTR stock opened at $123.31 on Thursday. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.40 and a current ratio of 0.40. Charter Communications has a 1 year low of $111.55 and a 1 year high of $335.52. The firm has a market cap of $15.17 billion, a P/E ratio of 3.20, a price-to-earnings-growth ratio of 0.23 and a beta of 0.71. The stock has a 50-day simple moving average of $136.02 and a 200-day simple moving average of $184.01.

Charter Communications (NASDAQ:CHTRGet Free Report) last announced its earnings results on Friday, July 24th. The company reported $10.66 EPS for the quarter, beating the consensus estimate of $9.98 by $0.68. The business had revenue of $13.53 billion for the quarter, compared to the consensus estimate of $13.51 billion. Charter Communications had a return on equity of 24.20% and a net margin of 9.03%.The company’s revenue was down 1.7% on a year-over-year basis. During the same period last year, the business posted $9.18 EPS. On average, equities analysts predict that Charter Communications will post 41.29 earnings per share for the current fiscal year.

Insider Activity at Charter Communications

In other Charter Communications news, Director Wade Davis purchased 5,728 shares of Charter Communications stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average price of $173.72 per share, with a total value of $995,068.16. Following the completion of the acquisition, the director owned 6,925 shares of the company’s stock, valued at approximately $1,203,011. This trade represents a 478.53% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Christopher L. Winfrey acquired 3,468 shares of the stock in a transaction on Tuesday, April 28th. The shares were acquired at an average price of $172.23 per share, with a total value of $597,293.64. Following the purchase, the chief executive officer owned 74,409 shares in the company, valued at $12,815,462.07. This represents a 4.89% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders acquired 20,125 shares of company stock valued at $3,167,116. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Charter Communications

Several institutional investors and hedge funds have recently made changes to their positions in the business. Thompson Siegel & Walmsley LLC grew its holdings in Charter Communications by 1,804.0% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 102,528 shares of the company’s stock worth $21,403,000 after acquiring an additional 97,143 shares in the last quarter. Gateway Investment Advisers LLC acquired a new stake in shares of Charter Communications in the 4th quarter valued at about $5,911,000. Norges Bank acquired a new stake in shares of Charter Communications in the 4th quarter valued at about $555,383,000. First Eagle Investment Management LLC lifted its position in shares of Charter Communications by 119.6% during the fourth quarter. First Eagle Investment Management LLC now owns 2,969,507 shares of the company’s stock worth $619,885,000 after purchasing an additional 1,617,148 shares during the last quarter. Finally, Swiss Life Asset Management Ltd lifted its position in shares of Charter Communications by 110.7% during the fourth quarter. Swiss Life Asset Management Ltd now owns 31,239 shares of the company’s stock worth $6,521,000 after purchasing an additional 16,415 shares during the last quarter. 81.76% of the stock is currently owned by hedge funds and other institutional investors.

About Charter Communications

(Get Free Report)

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.

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Analyst Recommendations for Charter Communications (NASDAQ:CHTR)

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