BNP Paribas Exane cuts target for Cable One stock to USD 13

Published on 10/20/2026 at 21:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cable One revenue fell 8.40 percent to USD 348.93 million in Q2 2026. Cable One stock costs EUR 65.70 on October 20, 2026 at 9:05 p.m. CEST.

Analyst target and operating pressure

BNP Paribas Exane cut its Cable One target to USD 13.00 on September 29, 2026.
Second-quarter revenue fell 8.40 percent to USD 348.93 million in 2026.
Cable One stock costs EUR 65.70 at Lang & Schwarz on October 20, 2026 at 9:05 p.m. CEST.
The company served approximately 1 million customers across 24 states.

CABO, US1270551013, Illustration mit AI erstellt.

Cable One (ISIN US1270551013) saw BNP Paribas Exane cut its price target from USD 40.00 to USD 13.00 while keeping a Neutral rating on September 29, 2026, according to The Cerbat Gem. Cable One reported revenue of USD 348.93 million for the second quarter of 2026, down 8.40 percent from USD 381.07 million in the second quarter of 2025, according to Benzinga. At Lang & Schwarz, the stock was trading at EUR 65.70 on October 20, 2026 at 9:05 p.m. CEST.

Revenue pressure in the second quarter

The second-quarter comparison shows the operating challenge clearly. Cable One posted a net loss of USD 1.16 billion in the second quarter of 2026, compared with a net loss of USD 437.98 million in the same quarter of 2025. The company generated USD 120.86 million in operating cash flow during the period.

What does the target cut imply?

The revised BNP Paribas Exane target of USD 13.00 stood 53.31 percent above Cable One's NYSE price of USD 6.07 at 3:10 p.m. ET on October 20, 2026. The target change therefore leaves a wide gap between the analyst view and the latest US quotation, while the rating remained Neutral.

Stock position on October 20

Cable One's NYSE price of USD 6.07 was USD 0.19 above its 52-week low of USD 5.88 and USD 162.48 below its 52-week high of USD 168.55 on October 20, 2026. The company had a market capitalization of USD 34.4 million and traded 551,781 shares in the latest US market snapshot.

Broadband footprint and financial strain

Cable One describes itself as a broadband communications provider serving approximately 1 million residential and business customers across 24 states, according to its Cable One corporate profile. In the second quarter, adjusted EBITDA was USD 173.50 million, or 49.70 percent of revenue, compared with USD 203.20 million, or 53.30 percent, in the second quarter of 2025. Debt reduction and customer retention remain central operating measures after the revenue decline.

Price remains the clearest daily signal

The euro quotation gives German investors a separate view of the stock from the NYSE price because the two figures are denominated in different currencies. The latest company figures point to weaker revenue and profitability, while the analyst target revision provides the clearest dated valuation reference.

At Lang & Schwarz, Cable One stock was trading at EUR 65.70 on October 20, 2026 at 9:05 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Cable One stock.