Bernstein cuts Charter Communications stock target from USD 150.00 to USD 120.00
Published on 10/20/2026 at 21:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly results
- Bernstein cut its Charter Communications target from USD 150.00 to USD 120.00 on October 13, 2026.
- Second-quarter 2026 revenue fell 1.70 percent year over year to USD 13.53 billion.
- Charter Communications stock costs EUR 97.48 at Lang & Schwarz on October 20, 2026 at 8:54 p.m. CEST.
Charter Communications (ISIN US16119P1084) saw Bernstein cut its price target from USD 150.00 to USD 120.00 on October 13, 2026, according to MarketScreener. The revised target stood 9.32 percent above the Nasdaq quote of USD 109.77 at 2:59 p.m. ET on October 20, 2026. At Lang & Schwarz, the euro quote stood at EUR 97.48 on October 20, 2026 at 8:54 p.m. CEST.
Target stands 9.32 percent above quote
The Bernstein change leaves a USD 12.52 gap between the target and Charter's Nasdaq price. The target reduction from USD 150.00 to USD 120.00 represents a 20.00 percent cut, putting the new objective closer to the stock's current level than the previous one.
Second-quarter revenue fell 1.70 percent
Charter reported USD 13.53 billion in revenue for the second quarter of 2026, down 1.70 percent from the same quarter a year earlier. Net income attributable to shareholders reached USD 1.29 billion, while diluted earnings per share were USD 10.66, according to Frontier. Operating cash flow was USD 3.93 billion in the quarter, up 9.00 percent year over year.
November 6 results date
Charter is scheduled to release third-quarter 2026 results on November 6, 2026, with a webcast at 8:30 a.m. ET. The company said the report will cover the quarter ended September 30, 2026, in a release dated October 7, 2026, published by Charter Communications.
Valuation remains closely watched
Charter's market capitalization was USD 14.8 billion and its price-to-earnings ratio was 2.85 as of October 20, 2026. The Nasdaq quote sat within a 52-week range of USD 101.63 to USD 255.00, placing the stock USD 8.14 above its low and USD 145.23 below its high.
Stock price after hours
The euro quote provides the latest Germany-facing trading reference, while the US-listed shares were at USD 109.77 on the Nasdaq at 2:59 p.m. ET on October 20, 2026. Investors will next compare the November report with the second-quarter revenue decline and the reduced Bernstein target.
The further course of trading is shown by the continuously updated real-time quote of Charter Communications stock.
Charter Communications market facts
- Company: Charter Communications, Inc.
- ISIN: US16119P1084
- Ticker: CHTR
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 8:54 p.m. CEST): EUR 97.48
- Market capitalization: USD 14.8 billion (as of October 20, 2026)
- 52-week range: USD 101.63-255.00 (as of October 20, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: November 6, 2026
Market context: Market report Nasdaq Composite.
