Bernstein cuts target to USD 120 for Charter Communications stock

Published on 10/15/2026 at 21:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 6, 2026 with USD 10.13 consensus earnings per share. Charter Communications stock costs EUR 97.57 on October 15, 2026.

Analyst view and market position

On October 13, 2026, Bernstein lowered its Charter Communications target to USD 120.
Charter Communications lost 172,000 broadband customers in the second quarter of 2026 versus 116,000 a year earlier.
Charter Communications stock costs EUR 97.57 at Lang & Schwarz on October 15, 2026 at 9:35 p.m. CEST.
Charter Communications carries a price-to-earnings ratio of 2.84.

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Bernstein lowered its price target for Charter Communications from USD 150.00 to USD 120.00 on October 13, 2026, according to Yahoo Finance. Against the Nasdaq price of USD 109.31 at 3:38 p.m. ET on October 15, 2026, the revised target is 9.78 percent higher. Charter Communications was trading at EUR 97.57 at Lang & Schwarz on October 15, 2026 at 9:35 p.m. CEST.

Broadband losses remain central

Charter Communications reported USD 13.53 billion in revenue for the second quarter of 2026, down 1.70 percent from the year-earlier period. The company lost 172,000 broadband customers, compared with 116,000 in the second quarter of 2025, while broadband revenue per user declined to USD 70.16, according to Barchart.

Price position and valuation

The Nasdaq quote of USD 109.31 stood within Charter Communications' USD 101.63 to USD 265.79 52-week range on October 15, 2026. Barchart put the 52-week decline at 60.50 percent and reported that the company had trailed the broader market over that period.

Charter Communications had a market capitalization of USD 14.7 billion, a price-to-earnings ratio of 2.84 and no trailing dividend yield as of October 15, 2026. The next scheduled quarterly report is November 6, 2026, before the market opens; Barchart cited consensus earnings per share of USD 10.13 for that report.

Comparison with peers

Charter Communications: P/E 2.84, market capitalization USD 14.7 billion
Comcast (Nasdaq, USD): P/E 7.00, market capitalization USD 76.4 billion
Verizon Communications (NYSE, USD): P/E 11.54, market capitalization USD 183.9 billion

Market perspective

Charter Communications' current valuation is lower than the reported multiples of Comcast and Verizon, while its next scheduled report places broadband customer trends back on the calendar. On October 13, 2026, Bernstein had cut its target from USD 150.00 to USD 120.00.

Charter Communications was trading at EUR 97.57 at Lang & Schwarz on October 15, 2026 at 9:35 p.m. CEST. On the Nasdaq, the stock was last at USD 109.31 on October 15, 2026 at 3:38 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of Charter Communications stock.