Charter Communications (CHTR)
NASDAQCommunication ServicesTelecommunications ServicesSnapshot 2026-09-04
$151.99+0.40%
Close 2026-09-04 · 1-day change
NASDAQCommunication ServicesTelecommunications ServicesSnapshot 2026-09-04
Broken: Primary pillar broken — Spectrum Mobile line additions: metric not reported.
Charter grows its Spectrum Mobile lines, adding 368,000 in Q1 2026. It keeps capital spending steady near $11.4 billion for 2026. Adding Netflix to its app store improves customer satisfaction. Profit margins remain stable with a low PE of 3.7.
Revenue is shrinking, with a 1% decline expected in 2026. Mobile line growth is slowing, down from 507,000 to 368,000 additions year-over-year. Guidance was cut recently, signaling risks to growth and execution. The sector faces headwinds and management is volatile.
The market prices in about -1% revenue growth and a 57% discount to our fair value near $329. Our fair value is well above the Street median of $215. The price reflects justified concerns about slowing growth and volatile management.
Breaks if: CAPEX deviates significantly from $11.4 billion in 2026
Breaks if: customer satisfaction declines materially
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on expanding its mobile lines. The current thesis state is intact, as recent performance remains strong despite volatility in management and sector challenges.
The valuation is considered cheap compared to peers, with a slight expectations gap suggesting that the market is not overly optimistic. The current pricing reflects a low fragility tier, indicating stability in the current regime.
Fundamentals are likely to show robust earnings quality, but management's mixed performance on customer satisfaction and product value may create challenges. The near-term risk of missing estimates is low, but the overall industry has seen higher miss rates recently.
The thesis hinges on management's ability to maintain guidance and the performance of sector bellwethers like VZ, TMUS, and T. Positive momentum in the Communication Services sector could support CHTR, while any negative guidance from peers could impact its trajectory.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the read on performance. However, ongoing subscriber losses pose a threat to growth. Additionally, regional sports networks face challenges that may impact the business model.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Charter focuses on enhancing customer satisfaction through better products, pricing, and service.
Breaks if: mobile line additions fall below 368,000 in Q1 2026
Over the next 1 to 3 years, CHTR's performance will depend on effective management execution and sector dynamics. Not investment advice.