Charter Communications (CHTR)

• Market cap: $53.7B
• 1 day: -2.06%
• 5 days: -1.69%
• 1 month: -5.45%
• 3 months: 12.54%
• 6 months: 2.35%
• Year to date: 11.27%
• 1 year: 41.78%
• 5 years: -26.10%
• 10 years: 127.07%
• Sector: Communication Services
• Industry: Telecom Services

About: Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 57 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 28 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Employees: 94,500

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

24% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 100

16% more repeat investments, than reductions

Existing positions increased: 308 | Existing positions reduced: 265

7% more capital invested

Capital invested by funds: $35B [Q4 2024] → $37.3B (+$2.32B) [Q1 2025]

5% more funds holding in top 10

Funds holding in top 10: 21 [Q4 2024] → 22 (+1) [Q1 2025]

1% more funds holding

Funds holding: 848 [Q4 2024] → 853 (+5) [Q1 2025]

0.51% less ownership

Funds ownership: 71.86% [Q4 2024] → 71.35% (-0.51%) [Q1 2025]

24% less call options, than puts

Call options by funds: $597M | Put options by funds: $788M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $395 2% upside
• Avg. target: $433 11% upside
• High target: $510 31% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Loop Capital Alan Gould	31% upside $510	Buy Upgraded	19 May 2025
Citigroup Michael Rollins	14% upside $445	Buy Maintained	28 Apr 2025
RBC Capital Jonathan Atkin	2% upside $395	Sector Perform Maintained	28 Apr 2025
Wells Fargo Steven Cahall	3% upside $400	Equal-Weight Maintained	28 Apr 2025
Morgan Stanley Benjamin Swinburne	7% upside $415	Equal-Weight Maintained	28 Apr 2025