Charter Communications, Inc. (CHTR) Stock Price & How to Invest

Last updated October 2026

Short answer

Charter Communications (CHTR) is one of the largest US cable broadband and mobile providers, operating under the Spectrum brand, and it trades at a strikingly low earnings multiple (about 3 times trailing earnings in October 2026) because the market is pricing in broadband subscriber losses to fixed wireless and fiber competitors alongside a heavy debt load. As of October 16, 2026 the shares closed near $112, down about 47% year to date, for a market value of roughly $14.6 billion. It is a levered, cash-generative cable operator in transition, not a growth story.

CHTR stock price

As of 2026-10-16, Charter Communications, Inc. (CHTR) last closed at $110.11, down 56.5% over the past year. Over the past 52 weeks it has traded between $102.48 and $253.16.

CHTR last close
$110.11
1 day
+0.11%
1 month
-18.44%
1 year
-56.51%
52-week range
$102.48 to $253.16
Last close
2026-10-16

Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Charter Communications, Inc.'s investor relations page. Walnut is informational, not investment advice.

What does Charter Communications, Inc. (CHTR) do?

Charter Communications is a leading US broadband connectivity company that markets Internet, Mobile, TV, and Voice services under the Spectrum brand to roughly 59 million homes and businesses across 41 states. The core business is residential and commercial broadband, which throws off large and steady cash flows, while Spectrum Mobile (an MVNO running on Verizon's network) has become the fastest-growing part of the company, reaching about 12.1 million lines as of Q1 2026 after adding around 370,000 lines in the quarter. Traditional cable video continues to shrink as customers cut the cord, so the investment story now centers on defending broadband and converting the base into bundled mobile customers.

The investment picture is defined by tension between rich free cash flow and shrinking subscriber counts. Charter lost about 120,000 Internet customers in Q1 2026 as fixed wireless from T-Mobile and Verizon and fiber overbuilds from AT&T took share, and the stock fell sharply (roughly 25 percent in one day) on that report. At the same time the equity trades at a very low single-digit price-to-earnings multiple because the company carries roughly $97 billion of net debt (about 4.15x adjusted EBITDA) and buys back large amounts of stock. The $34.5 billion combination with Cox Communications, which cleared the FCC and DOJ and was expected to close around summer 2026, creates the largest US broadband provider with about 36 million subscribers and reshape the scale and leverage profile.

The second quarter made the subscriber problem worse. Charter lost about 172,000 broadband customers in the quarter to June 2026, versus about 116,000 a year earlier, total revenue fell about 1.7% to roughly $13.5 billion, broadband revenue per user slipped, and mobile additions slowed. Earnings held up better than the customer count: adjusted EPS of $10.66 beat the roughly $10.06 consensus, and trailing net income is about $4.9 billion, helped by a shrinking share count. The market focused on the customers. As of October 16, 2026 the stock closed near $112, down about 47% year to date and about 56% over twelve months, near the bottom of a $102-257 52-week range, and the 18 analysts Yahoo Finance tracks rate it a hold with a mean target near $173. In mid-October Charter said chief commercial officer Adam Ray is stepping down. Third-quarter results are scheduled for November 6, 2026; consensus revenue of about $14.9 billion for that quarter and about $16.8 billion for the fourth, well above the second quarter's $13.5 billion, indicates analysts are now modelling Cox's contribution, so the coming reports will be the first read on the combined company. Check Charter's filings for the closing details.

What's driving Charter Communications, Inc. (CHTR)?

1. Spectrum Mobile convergence

Mobile is Charter's clearest growth engine, adding roughly 370,000 lines in Q1 2026 to reach about 12.1 million, up around 17 percent year over year. Bundling mobile with broadband raises household stickiness and can slow Internet churn, and it lets Charter monetize its existing network and customer relationships at low incremental cost. The pace slowed in the second quarter of 2026, when mobile additions came in below earlier quarters, which removes some of the cushion against broadband losses.

2. Cox combination and scale

The $34.5 billion Cox combination cleared the FCC and DOJ and was expected to close around summer 2026, creating the largest US broadband provider with roughly 36 million subscribers. Analysts' revenue estimates for the second half of 2026 (about $14.9 billion for the third quarter and $16.8 billion for the fourth, against $13.5 billion in the second) now include Cox. Greater scale could support network investment, mobile economics, and cost synergies, though it also adds integration complexity and debt, and the November 6 report will be the first look at the combined numbers.

3. Free cash flow and buybacks

Charter generates billions of dollars of annual free cash flow (about $2.2 billion on a trailing basis after heavy network spending) and has aggressively repurchased shares, shrinking the count so that per-share metrics rise even when net income is flat. At roughly 3 times trailing and 2.4 times forward earnings, continued buybacks are a meaningful lever on per-share value if cash flow holds up, though the equity is now worth only about $14.6 billion against roughly $97 billion of debt.

4. Network upgrades to defend broadband

The company is upgrading its coax plant for multi-gigabit speeds and pursuing selective fiber builds to counter AT&T Fiber and fixed wireless. The second quarter of 2026 showed the retention playbook is not yet working: broadband losses widened to about 172,000 from about 116,000 a year earlier and revenue per broadband user declined.

What are the risks to Charter Communications, Inc. (CHTR)?

Broadband subscriber losses are the central risk, as fixed wireless from T-Mobile and Verizon (now over 20 million combined FWA subscribers industrywide) and fiber overbuilders continue to take share in a saturated market; losses widened to about 172,000 in the second quarter of 2026. The roughly $97 billion debt load and about 4.15x leverage magnify the equity's sensitivity to any decline in EBITDA and to interest rates, a point made plain by the stock's roughly 47% fall in 2026 that left the equity worth only about $14.6 billion. Cord-cutting keeps pressuring video revenue, mobile growth still runs on Verizon's network as an MVNO and has slowed, and the Cox combination carries integration and execution risk. Management turnover is a newer item, with the chief commercial officer stepping down in October 2026. A miss on broadband trends can trigger outsized stock moves, as the roughly 25 percent single-day drop after Q1 2026 showed.

What is the Charter Communications, Inc. (CHTR) forecast?

18 analysts publish price targets on CHTR, averaging $173.17 against a $110.11 price as of October 2026, or +57.3%. The published targets run from $68.00 to $380.00, a wide spread, and the ratings split 5 buy, 10 hold, 6 sell. Over the last six months there have been 0 raises and 11 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full CHTR forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

Is CHTR a buy or a sell?

We give no verdict on Charter Communications, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Spectrum Mobile convergence. Mobile is Charter's clearest growth engine, adding roughly 370,000 lines in Q1 2026 to reach about 12.1 million, up around 17 percent year over year. The most optimistic published target, $380.00, assumes this works close to its best case.

The case against. Broadband subscriber losses are the central risk, as fixed wireless from T-Mobile and Verizon (now over 20 million combined FWA subscribers industrywide) and fiber overbuilders continue to take share in a saturated market; losses widened to about 172,000 in the second quarter of 2026. The most pessimistic target, $68.00, is roughly what CHTR is worth if this bites instead.

Read the full bull and bear case on CHTR, including what would have to change to break either one. Walnut is not an investment adviser.

Has Charter Communications, Inc. (CHTR) split its stock?

No. Charter Communications, Inc. (CHTR) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

How is Charter Communications, Inc. (CHTR) valued? (approximate, October 2026)

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Charter Communications, Inc.'s investor relations page or your broker.

  • Revenue (TTM): ~$54.4B; Q2 2026 ~$13.5B, down ~1.7% YoY
  • Net income (TTM): ~$4.9B (~9% net margin)
  • EPS (Q2 2026): $10.66 vs ~$10.06 consensus
  • P/E (trailing / forward): ~2.9x / ~2.4x
  • Market cap: ~$14.6B at ~$112 a share
  • Debt: ~$97B; EV/EBITDA ~5.2x
  • Broadband customers (Q2 2026): ~172,000 lost in the quarter

Charter trades near 3 times trailing earnings, one of the lowest multiples among large US companies, because the market expects broadband declines to continue and because roughly $97 billion of debt sits beneath a $14.6 billion equity value, so small changes in EBITDA swing the stock. Q2 2026 EPS of $10.66 beat estimates even as revenue fell 1.7% and broadband losses widened. Third-quarter results arrive November 6, 2026, with consensus EPS around $9 and revenue near $14.9 billion including Cox.

Who competes with Charter Communications, Inc. (CHTR)?

Cable and telecom broadband

Comcast (Xfinity) is the other cable giant with a nearly identical broadband-plus-mobile model, while AT&T, Verizon (Fios), and Frontier compete with fiber overbuilds in Charter's footprint offering higher symmetrical speeds.

Fixed wireless access

T-Mobile and Verizon 5G home Internet, along with AT&T, have added more than 20 million combined FWA subscribers, undercutting cable on price and bundling convenience and driving much of Charter's Internet subscriber loss.

Wireless and streaming substitutes

As an MVNO on Verizon's network, Spectrum Mobile competes with AT&T, T-Mobile, and Verizon in wireless, while streaming platforms like Netflix, YouTube TV, and Disney continue to erode Charter's traditional cable video revenue.

What stocks are similar to Charter Communications, Inc. (CHTR)?

Other names that sit close to CHTR: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

How to invest in Charter Communications, Inc. (CHTR)

There are three common ways to get CHTR exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so CHTR sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where CHTR fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

The bottom line on Charter Communications, Inc. (CHTR)

CHTR is a cash-rich but heavily indebted cable operator fighting broadband share loss while the Cox combination reshapes its scale. The broadband losses accelerated in the second quarter of 2026, the stock has roughly halved this year, and the very low multiple reflects real competitive and balance-sheet questions rather than an obvious mispricing.

More on Charter Communications, Inc. (CHTR)

Whether CHTR is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is CHTR a buy or a sell?, and where the stock could go from here in the CHTR stock forecast.

For income investors, whether CHTR pays a dividend and how the payout looks is covered in does CHTR pay a dividend? And to weigh CHTR against a peer, read the full side-by-side comparisons: CHTR vs CMCSA and CHTR vs T.

Wondering how CHTR fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.

Investing in Charter Communications, Inc. with AI

Connect the broker you already use and ask Walnut's AI how CHTR fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

What does Charter Communications do?

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Charter is a US broadband connectivity company that sells Internet, Mobile, TV, and Voice services under the Spectrum brand to about 59 million homes and businesses across 41 states. Broadband is its core cash generator, and Spectrum Mobile is its fastest-growing segment. The Cox Communications combination expands that footprint.

Why is CHTR's P/E ratio so low?

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Charter trades around 3 times trailing earnings as of October 2026 because the market is pricing in shrinking broadband and video subscribers plus a heavy debt load of roughly $97 billion against an equity value of only about $14.6 billion. The low multiple reflects competitive and balance-sheet concerns, not a simple bargain signal.

What happened to CHTR stock in 2026?

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The stock fell roughly 25 percent in a single day after the Q1 2026 report on April 24, 2026, when Charter disclosed a loss of about 120,000 Internet customers and missed earnings estimates. It did not recover: after the second-quarter report showed about 172,000 broadband losses, the shares kept sliding, and as of October 16, 2026 they closed near $112, down about 47% year to date and about 56% over twelve months.

What is the Charter and Cox merger?

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Charter agreed in May 2025 to combine with Cox Communications in a roughly $34.5 billion deal. It cleared the FCC and DOJ and was expected to close around summer 2026, creating the largest US broadband provider with about 36 million subscribers. Analysts' estimates for the second half of 2026 now include Cox's revenue.

Who are Charter's main competitors?

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Charter competes with cable rival Comcast, fiber providers like AT&T, Verizon Fios, and Frontier, and fixed wireless services from T-Mobile and Verizon. In mobile it competes with the major carriers, and in video with streaming platforms.

Is Charter losing broadband customers?

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Yes. Charter lost about 120,000 Internet customers in Q1 2026 and about 172,000 in Q2 2026 (versus about 116,000 a year earlier) as fixed wireless and fiber competitors took share. Broadband retention remains the central challenge for the business.

How is Spectrum Mobile doing?

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Spectrum Mobile is growing quickly, adding roughly 370,000 lines in Q1 2026 to reach about 12.1 million lines, up around 17 percent year over year. It runs as an MVNO on Verizon's network and helps bundle and retain broadband customers. Mobile additions slowed in Q2 2026.

How much debt does Charter carry?

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Charter carries roughly $97 billion of debt, with leverage of about 4.15 times adjusted EBITDA as of March 31, 2026, and only about $0.5 billion of cash. With the equity worth about $14.6 billion in October 2026, the heavy balance sheet amplifies the stock's sensitivity to changes in cash flow and interest rates.

How did Charter do in its latest quarter?

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In the second quarter of 2026 Charter's revenue fell about 1.7% year over year to roughly $13.5 billion and it lost about 172,000 broadband customers, more than the 116,000 a year earlier, while mobile additions slowed. Adjusted EPS of $10.66 beat the roughly $10.06 consensus. Third-quarter results are scheduled for November 6, 2026.

How has CHTR stock performed in 2026?

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As of October 16, 2026, CHTR closed near $112, down about 47% year to date and about 56% over the past year, near the low end of a $102-257 52-week range. The decline tracks accelerating broadband losses, slower mobile growth and the leverage that sits under a shrinking equity value.

Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Charter Communications, Inc.'s investor relations page or your broker before making investment decisions.