Billionaire George Soros’ 10 Mid-Cap Stocks With Huge Upside Potential

2. Liberty Broadband Corporation (NASDAQ:LBRDA)  

Soros Fund Management’s Stake Value: $83.7 Million

Number of Hedge Fund Holders: 22

Liberty Broadband Corporation is involved in multiple communications businesses. It operates in the Charter and GCI Holdings segments. The company offers a variety of wireless, voice, data, video, and managed services as well as subscription-based internet, mobile, and voice, video services, and various other services. According to the median analyst price target, the stock still has an upside of 45.88%.

At the end of the last month, the firm was in the spotlight after earning an upgrade by investment firm Benchmark. Analyst Matthew Harrigan maintained its Buy rating on the stock and labeled it an attractive investment opportunity. However, he lowered the price target from $130 to $115 due to current market conditions.

CFO Brian Wendling highlighted the company’s strong earnings by stating:

“In 2024, GCI achieved record revenue that crossed the $1 billion mark for the first time.”

The separation of GCI from the company will potentially make it more attractive to investors. This spin-off is anticipated to create additional value for Liberty Broadband’s shareholders. Management confirmed the expected completion of this separation by late Q2 or early Q3 2025. The firm also plans to invest in rural connectivity infrastructure in Alaska.