J.P. Morgan Reiterated a Hold Rating on Cable One (CABO)

Cable One, Inc. (NYSE:CABO) is one of the 11 Best All-Time Low Stocks to Buy According to AnalystsOn July 17, J.P. Morgan analyst Sebastiano Petti reiterated a Hold rating on Cable One, Inc. (NYSE:CABO) with a price target of $222. The rating comes as the company announced its schedule for the fiscal second quarter 2025 earnings call. The call is scheduled to take place on July 31, 2025.

Cable One, Inc. (NYSE:CABO) missed analysts’ expectations during its fiscal first quarter of 2025. The company delivered $380.60 million in revenue, which decreased 5.86% year-over-year and missed the consensus by $6.01 million. The EPS of $0.46 also missed the target by $7.54.

J.P. Morgan Reiterated a Hold Rating on Cable One (CABO)

A customer in their home enjoying premium channels, high-definition set-top boxes, and whole-home DVRs.

Management attributed the decrease in revenue to a decline in residential video revenues as it navigated the final phases of its video product lifecycle. This decline was offset by a slight growth in Business Data revenue, which improved 1.2% year-over-year. Notably, Cable One, Inc. (NYSE:CABO) repaid $40 million under its revolving credit facility during the first quarter.

Cable One, Inc. (NYSE:CABO) is a broadband communications provider offering high-speed internet, cable TV, and phone services primarily under its Sparklight brand.

While we acknowledge the potential of CABO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CABO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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