MoffettNathanson cuts Charter Communications stock target from USD 700 to USD 490

Charter Communications (US16119P1084) faces a sharply lower analyst target as MoffettNathanson cut its view from USD 700 to USD 490, according to MarketScreener on October 24, 2026. The stock was trading at EUR 97.16 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

Revenue pressure remains visible

Charter's second-quarter 2026 revenue fell 1.70 percent year over year to USD 13.53 billion. The period ended June 30, 2026, and the figure was accompanied by adjusted EBITDA of USD 5.45 billion, down 4.30 percent from the prior-year quarter, according to the company's earnings-call transcript published by Yahoo Finance on October 15, 2026.

Net income attributable to Charter shareholders reached USD 1.29 billion in the second quarter, while the transcript said the result was supported by a gain from debt extinguishment. That one-off effect matters because it reduced the gap between lower operating performance and reported profit.

Stock sits below its yearly high

Charter Communications stock's euro quote stood at EUR 97.16 on October 24, 2026 at 1:04 p.m. CEST. The same German market quotation showed a 52-week range of EUR 91.28 to EUR 214.05, putting the price 54.61 percent below the high and 6.44 percent above the low.

Charter's US-listed shares closed at USD 108.61 on Nasdaq on October 23, 2026, while the market capitalization was USD 14.6 billion and the trailing price-to-earnings ratio was 2.82. The primary listing and ticker were confirmed in a company release from Charter Communications.

Results date sets the next checkpoint

Charter has scheduled its third-quarter 2026 results for November 6, 2026. The company said the release will be issued at 7:00 a.m. Eastern Time, followed by an 8:30 a.m. webcast covering the quarter ended September 30, 2026.

For investors, the contrast is clear: the latest quarter delivered USD 10.66 in diluted earnings per share, but revenue and adjusted EBITDA both declined year over year. The upcoming report will show whether broadband trends and cost measures have changed that balance.

Price stays near the lower end

Charter Communications stock remained much closer to its 52-week low than its high in the October 24, 2026 euro quotation. The analyst revision adds another valuation reference, but its USD 490 target is not directly comparable with the EUR 97.16 German quote.

The further course of trading is shown by the continuously updated real-time quote of Charter Communications stock.

Market context: Market report S&P 500.

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