Charter Communications (CHTR) Down 41% Year-to-Date, Here’s What You Need To Know

​Charter Communications, Inc. (NASDAQ:CHTR) is one of the Cheap NASDAQ Stocks to Buy Now. On December 2, Keith Snyder CFA from CFRA downgraded Charter Communications, Inc. (NASDAQ:CHTR) from Hold to Sell and lowered the price target from $285 to $165. Earlier on November 4, Timothy Horan from Oppenheimer also downgraded the stock from Buy to Hold, without disclosing any price target.

​The share price of the company has fallen more than 41% year-to-date and more than 12% since the fiscal Q3 2025 earnings release announced on October 31. Charter Communications, Inc. (NASDAQ:CHTR) reported a 0.89% year-over-year decrease in revenue, which missed estimates by $77.39 million. Moreover, the EPS of $8.34 also missed expectations by $0.98.

​The shares have been weighed down due to dropping broadband subscribers, which became more evident in fiscal Q3. The company reported a decline of 109,000 internet customers during the quarter. Management noted that the revenue was also impacted by lower residential video and advertising sales.

​Keith Snyder CFA from CFRA noted that the continuous decline in broadband customers questions the management’s ability to turn its business around. The analyst added that the company’s deal with Cox Communications, announced on May 16, to combine and create an industry leader in mobile, broadband communications, will play little role in addressing the negative trends in the industry.

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

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Disclosure: None. This article is originally published at Insider Monkey.