Charter Communications (CHTR) PT Slashed to $350 by Bernstein SocGen

Charter Communications, Inc. (NASDAQ:CHTR) is a leading American broadband and cable operator serving both residential and commercial clients, offering subscription-based internet, video, mobile, and voice services. It is one of the S&P 500 stocks with a low PE ratio.

On September 10, Bernstein SocGen reaffirmed an Outperform rating on CHTR but trimmed the price target to $350 from $380. As per the research firm, the price target adjustment came in light of anticipated higher broadband losses and persistent competition from fixed wireless access services.

Analysts suggested that short-term competitive pressures may impact Charter’s recovery and result in larger marketing expenditures.

Despite headwinds and mounting competitive pressures, the firm maintained an Outperform rating on Charter, based on estimated stable or increasing revenue and EBITDA. Bernstein’s investment case also accounts for notably higher free cash flow due to declining capital spending in 2026 and more so in 2027.

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