Charter Communications (CHTR) Stock Forecast & Price Target

$393.72 +3.43 (+0.88%)

(As of 12:51 PM ET)

Charter Communications - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 19 Analyst Ratings

Sell
4

Hold
10

Buy
5

Based on 19 Wall Street analysts who have issued ratings for Charter Communications in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 4 have given a sell rating, 10 have given a hold rating, and 5 have given a buy rating for CHTR.

Consensus Price Target

$378.00
-3.99% Downside

According to the 19 analysts' twelve-month price targets for Charter Communications, the average price target is $378.00. The highest price target for CHTR is $525.00, while the lowest price target for CHTR is $250.00. The average price target represents a forecasted downside of -3.99% from the current price of $393.72.

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CHTR Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	10 Buy rating(s)
Hold	10 Hold rating(s)	10 Hold rating(s)	9 Hold rating(s)	6 Hold rating(s)
Sell	4 Sell rating(s)	4 Sell rating(s)	4 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$378.00	$356.41	$360.93	$501.52
Forecasted Upside	-3.99% Downside	8.11% Upside	2.67% Upside	24.98% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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CHTR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CHTR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Charter Communications Stock vs. The Competition

Type	Charter Communications	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.05	2.56	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-3.15% Downside	162.79% Upside	6.73% Upside
News Sentiment Rating	Positive News See Recent CHTR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/26/2024	BNP Paribas 3 of 5 stars	K. Paramaguru Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$360.00	-6.36%
11/5/2024	Benchmark 2 of 5 stars		Boost Target	Buy ➝ Buy	$440.00 ➝ $450.00	+19.73%
11/4/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Boost Target	Hold ➝ Hold	$340.00 ➝ $365.00	-2.63%
11/4/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Atkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$345.00 ➝ $390.00	+3.33%
11/4/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$350.00 ➝ $400.00	+7.53%
11/4/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$385.00 ➝ $400.00	+7.53%
Get the Latest News and Ratings for CHTR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Charter Communications and its competitors with MarketBeat's FREE daily newsletter.
11/4/2024	Pivotal Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$435.00 ➝ $525.00	+43.25%
11/4/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$360.00 ➝ $415.00	+13.24%
11/4/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$300.00 ➝ $315.00	-14.05%
11/4/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$385.00 ➝ $450.00	+22.79%
9/30/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Supino Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Peer Perform ➝ Underperform	$300.00	-8.04%
9/11/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Rollins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$350.00	+8.23%
7/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$488.00 ➝ $525.00	+38.23%
7/29/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$292.00 ➝ $329.00	-10.51%
7/29/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	F. Louthan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform
7/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Schneider Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$250.00	-16.38%
4/29/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$335.00 ➝ $285.00	+9.35%
3/28/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$360.00 ➝ $325.00	+12.66%
3/18/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$370.00	+27.30%
3/29/2023	Cfra Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Market Weight
1/30/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$580.00 ➝ $540.00	+38.07%
1/30/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$610.00 ➝ $585.00	+49.58%
1/30/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$541.00 ➝ $606.00	+53.65%
1/5/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$380.00 ➝ $550.00	+55.37%
12/14/2022	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$500.00	+51.79%
12/14/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$670.00 ➝ $649.00	+65.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:29 PM ET.

Should I Buy Charter Communications Stock? CHTR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, November 24, 2024. Please send any questions or comments about these Charter Communications pros and cons to contact@marketbeat.com.

Charter Communications
Bull Case

Here are some ways that investors could benefit from investing in Charter Communications, Inc.:

Charter Communications, Inc. reported an earnings per share (EPS) of $8.82 for the latest quarter, exceeding analysts' expectations of $8.55, indicating strong financial performance.
The company achieved a revenue of $13.80 billion, surpassing estimates of $13.66 billion, which reflects its ability to generate sales effectively.
With a return on equity of 28.73%, Charter Communications, Inc. demonstrates efficient use of shareholders' equity to generate profits, which is attractive to investors.
The current stock price is $389.57, which is significantly higher than its 52-week low of $236.08, suggesting a positive trend in the stock's performance.
Analysts have recently upgraded their price targets for Charter Communications, Inc., with some setting targets as high as $525.00, indicating strong future growth potential.

Charter Communications
Bear Case

Investors should be bearish about investing in Charter Communications, Inc. for these reasons:

The company has a high debt-to-equity ratio of 5.24, which indicates that it relies heavily on debt financing, potentially increasing financial risk.
Despite recent revenue growth, the net margin of 8.52% suggests that the company may face challenges in maintaining profitability amidst rising costs.
Charter Communications, Inc. has received mixed ratings from analysts, with four analysts issuing sell ratings, which may indicate concerns about the stock's future performance.
The stock has a price-to-earnings (P/E) ratio of 12.20, which, while not excessively high, may suggest that the stock is fairly valued compared to its earnings, limiting upside potential.
Recent trading activity shows volatility, with shares trading down $4.69 in a single day, which could indicate instability in investor sentiment.

CHTR Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Charter Communications is $378.00, with a high forecast of $525.00 and a low forecast of $250.00.
: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charter Communications in the last twelve months. There are currently 4 sell ratings, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CHTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHTR, but not buy additional shares or sell existing shares.
: According to analysts, Charter Communications's stock has a predicted downside of -3.99% based on their 12-month stock forecasts.
: Over the previous 90 days, Charter Communications's stock had 3 upgrades and 1 downgrade by analysts.
: Charter Communications has been rated by research analysts at Bank of America, Barclays, Benchmark, BNP Paribas, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Pivotal Research, Royal Bank of Canada, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Charter Communications less than other "consumer discretionary" companies. The consensus rating for Charter Communications is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how CHTR compares to other companies.

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This page (NASDAQ:CHTR) was last updated on 11/27/2024 by MarketBeat.com Staff

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Charter Communications (CHTR) Stock Forecast & Price Target