UBS Reduces PT on Charter Communications, Inc. (CHTR) from $425 to $355; Maintains ‘Neutral’ Rating

With a significant presence in Warren Buffett’s portfolio and strong hedge fund interest, Charter Communications, Inc. (NASDAQ:CHTR) secures a spot on our list of the 14 Best Warren Buffett Stocks to Invest in.

An aerial view of a communication tower with its complex network of wires and cables.

Following the company’s softer-than-expected Q2 results, UBS reduced its price target on Charter Communications, Inc. (NASDAQ:CHTR) from $425 to $355, maintaining a ‘Neutral’ rating. CHTR reported a modest 0.6% YoY growth, taking its revenue to $55.22 billion, while adjusted EBITDA fell by 0.1%. This comes after a 4.8% EBITDA growth in Q1. Meanwhile, its Residential segment’s revenue decreased by 0.4% due to broadband subscriber losses associated with higher non-pay churn among former Affordable Connectivity Program customers.

Looking ahead, UBS expects Q3 revenue to fall by 0.5% and EBITDA to grow only 0.3%. As such, the investment firm reduced its full-year growth expectations to negative 0.1% for revenue and positive 1.1% for EBITDA. Yet, a $1 billion cash tax benefit in 2026 is expected to drive Charter Communications, Inc. (NASDAQ:CHTR)’s $1.6 billion quarterly share buybacks, strengthening its capital strategy amid ongoing market uncertainties.

Charter Communications, Inc. (NASDAQ:CHTR), a leading U.S. broadband and cable TV provider, serves residential and business customers. It is included in our list of the best Warren Buffett stocks.

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