Why is Bernstein Cautious While Charter Communications, Inc. (CHTR) Could 10x by 2030?

Charter Communications, Inc. (NASDAQ:CHTR) is one of the stocks that could 10x by 2030. On May 26, Bernstein SocGen reiterated a Market Perform rating on Charter Communications, Inc. (NASDAQ:CHTR) and a $210 price target.

Why is Bernstein Cautious While Charter Communications, Inc. (CHTR) Could 10x by 2030?

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The cautious outlook comes as the research firm insists the company is facing pressure and concerns about leverage and liquidity. Charter Communications has $96.8 billion in debt, with a debt-to-equity ratio of 5.91. Nevertheless, the research firm does not expect the leverage issue to be material in the near future. Free cash flow in the first quarter was down $192 million to $1.4 billion.

Earlier, RBC Capital reiterated a Sector Perform rating on Charter Communications but cut the price target to $220 from $250. The price cut is in response to decreased expectations in broadband net additions and average revenue per user following the miss in broadband net additions. In the first quarter, internet customers were down by 120,000, compared with the 59,000 decline recorded in the first quarter of 2025.

Charter Communications, Inc. (NASDAQ:CHTR) is a leading American telecommunications and mass media company that provides broadband internet, cable television, mobile, and voice services to over 32 million residential and business customers across 41 states. It operates primarily under the consumer-facing brand Spectrum.

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