12 Best QQQ Stocks to Buy According to Wall Street Analysts

Page 6 of 11

6. Charter Communications Inc. (NASDAQ:CHTR)

Number of Hedge Fund Holders: 56

Average Upside Potential as of November 21: 45.32%

Charter Communications Inc. (NASDAQ:CHTR) is one of the best QQQ stocks to buy according to Wall Street analysts. Earlier on November 3, RBC Capital analyst Jonathan Atkin lowered the firm’s price target on Charter to $265 from $325 with a Sector Perform rating on the shares. This sentiment was posted after the company posted its Q3 2025 earnings result, where Atkin pointed out that the company’s third-quarter EBITDA and broadband subscriber numbers missed estimates. RBC Capital has since lowered its forecasts for broadband subscribers and ARPU, anticipating increased competition.

In Q3, the company experienced a 1% year-over-year decline in revenue, which totaled $13.67 billion, primarily due to customer losses and a challenging comparison to the prior year’s political advertising revenue. EBITDA declined by 1.5% year-over-year, though it was flat when excluding the advertising segment. Net income for the quarter was $1.1 billion, down from $1.3 billion in the previous year.

Despite the revenue decline, Charter saw significant positive growth in its mobile segment, adding 493,000 mobile lines, which marked over 20% year-over-year growth and contributed to a 4% growth in total connectivity revenue over the last 12 months. The company also reported a notable improvement in its video business, reducing Video Customer losses to 70,000, a vast improvement from the 294,000 lost in the same quarter last year. However, the company also lost 109,000 Internet Customers in Q3.

Charter Communications Inc. (NASDAQ:CHTR) operates as a broadband connectivity and cable operator company serving residential and commercial customers in the US.

Page 6 of 11