Point Broadband Merges with Clearwave, Reaching Over 500,000 Customers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
0mins
Should l Buy CABO?
Source: Newsfilter
- Market Consolidation: The merger between Point Broadband and Clearwave Fiber will create one of the largest independent fiber operators in the U.S., reaching over 500,000 customers across 12 states, with plans to accelerate expansion to over 1 million customers, significantly enhancing market share.
- Leadership Change: The combined company will be led by Clearwave's CEO David Armistead, with former Metronet CEO John Cinelli as Chairman, ensuring strong leadership during industry consolidation.
- Capital Support: GTCR and Berkshire Partners will jointly control the merged entity and have committed significant growth capital to support organic growth and M&A, further enhancing the company's competitive position in the market.
- Strategic Goals: The merged company aims to double its size in the near term through organic builds and acquisitions, focusing on providing high-quality fiber internet services to more underserved areas, driving digital transformation across the country.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CABO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CABO
Wall Street analysts forecast CABO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CABO is 202.50 USD with a low forecast of 145.00 USD and a high forecast of 260.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 100.820
Low
145.00
Averages
202.50
High
260.00
Current: 100.820
Low
145.00
Averages
202.50
High
260.00
About CABO
Cable One, Inc. is a broadband communications provider. The Company provides residential customers with an array of broadband offerings including Gigabit speeds, advanced wireless fidelity (Wi-Fi), and video services. It provides services that are similar to those provided by cable companies, telephone companies and fiber providers, among others. Its three primary product lines include residential data, residential video, and business data. Its broadband plant generally consists of a fiber-to-the-premises or hybrid fiber-coaxial (HFC) network with ample unused capacity. It offers Sparklight Television (TV), an Internet protocol-based (IPTV) video service that allows customers with its Sparklight TV app to stream its video channels from the cloud. Its customers are located in seven states: Arizona, Idaho, Mississippi, Missouri, Oklahoma, South Carolina, and Texas. It provides services to approximately 1.1 million residential and business customers out of 2.8 million passings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cable One to Host Q4 2025 Earnings Call on February 26, 2026
- Earnings Call Schedule: Cable One will host a conference call on February 26, 2026, at 5 p.m. ET to discuss its Q4 and full-year 2025 results, which is expected to provide investors with critical financial data and future outlook.
- New CEO Appointment: Jim Holanda will officially take over as CEO on February 16, 2026, and his leadership is anticipated to bring new strategic direction and growth opportunities, enhancing the company's competitive position in the market.
- Earnings Release Plan: The company will issue a press release after market close on February 26, 2026, detailing its Q4 and full-year 2025 results, providing investors with comprehensive financial data and analysis to assess the company's financial health.
- Live Webcast and Replay: The conference call will be available via a live audio webcast on Cable One's Investor Relations website, with a replay accessible until March 26, 2026, ensuring that investors who cannot attend live can still obtain relevant information.
See More
Cable One's New CEO Jim Holanda to Start on February 16
- New CEO Appointment: Cable One has announced that Jim Holanda will officially take over as CEO on February 16, 2026, a strategic move aimed at enhancing the company's future growth and innovation initiatives.
- Earnings Release Schedule: The company plans to release its fourth quarter and full year 2025 financial results after market close on February 26, 2026, which is expected to provide investors with critical performance metrics and future outlook.
- Conference Call Details: Cable One will host a conference call on February 26, 2026, at 5 p.m. ET, allowing investors to participate via live audio webcast or by phone, ensuring they stay updated on the company's latest developments.
- Replay Service: A replay of the conference call will be available from February 26, 2026, until March 26, 2026, enabling investors to review the meeting content for important insights and analyses.
See More
Cable Stocks Surge with Charter Leading Gains
- Cable Stocks Perform Strongly: On Friday, the television and radio sector rose approximately 0.5%, led by Charter Communications' impressive 11.4% gain, indicating increased market confidence that may attract more investor interest.
- Charter Communications Leads Gains: The strong performance of Charter not only boosts its market valuation but could also stimulate price increases in other cable companies, enhancing the overall investment appeal of the sector.
- Cable One Also Shines: Cable One's stock rose about 6.1%, reflecting optimistic sentiment among investors regarding the cable market, potentially leading to increased capital inflow and further industry recovery.
- Market Sentiment Rebounds: The rise in cable stock prices suggests a restoration of investor confidence in the sector, which may signal future growth potential, especially against the backdrop of recovering advertising and subscription revenues.
See More
Wells Fargo Downgrades Major Cable Stocks, Forecasts 1 Million Subscriber Loss in 2026
- Rating Downgrade: On January 13, 2026, Wells Fargo Securities downgraded all four major cable stocks, including Charter Communications (CHTR), Comcast (CMCSA), Optimum (OPTU), and Cable One (CABO) to Underweight, reflecting a pessimistic outlook for the industry.
- Subscriber Loss Forecast: Analysts predict that cable companies will lose 1 million residential broadband subscribers by 2026, primarily due to fierce competition from fixed wireless access and fiber, which are expected to account for 100% of net broadband additions.
- Intensifying Competition: Fixed wireless access is projected to add nearly 4 million subscribers in 2025 and maintain around 3.7 million net adds in 2026, showcasing strong growth potential for wireless carriers and increasing pressure on cable operators.
- Gloomy Industry Outlook: Due to market saturation, immigration headwinds, and fewer price hikes, major mobile network operators are expected to see a 10% decline in postpaid phone net adds in 2026, with overall industry growth slowing to about 4%, indicating intensifying competition in both cable and wireless markets.
See More
Cable One Acquires Remaining 55% of MBI for $475M-$495M
- Acquisition Agreement: Cable One announced a definitive agreement to acquire the remaining 55% equity interest in Mega Broadband Investments Holdings LLC for an estimated purchase price between $475 million and $495 million, aimed at expanding its market footprint in the Southeast and Mid-South U.S.
- Market Expansion Opportunity: Full ownership of MBI will provide Cable One with approximately $310 million in annual revenue and 210,000 customers, enhancing its competitive position in the rapidly growing broadband market.
- Financial Structure Optimization: The acquisition will be financed through a combination of cash and debt, potentially including borrowings from its existing $1.25 billion revolving credit facility, with completion anticipated in Q4 2026, further enhancing the company's financial flexibility.
- Strategic Integration Plan: Cable One's Interim CEO stated that this acquisition aligns with the company's operational philosophy, aiming to enhance service quality and drive long-term growth by integrating MBI's network and team.
See More
Cable One Acquires 55% of Mega Broadband for $475M-$495M, Expanding Market Footprint
- Acquisition Agreement: Cable One has signed a definitive agreement to acquire 55% of Mega Broadband for approximately $475 million to $495 million, significantly expanding its market presence in the Southeast and Mid-South U.S.
- Market Expansion Opportunity: Full ownership of MBI, which generated $310 million in annual revenue and serves 210,000 customers, will enable Cable One to enhance operational efficiency and strengthen its position in the competitive broadband market.
- Financial Structure Optimization: Cable One plans to finance the transaction through a combination of cash and debt, including borrowings from its existing $1.25 billion revolving credit facility, ensuring smooth transaction completion while mitigating financial risks.
- Future Growth Potential: Following the anticipated completion of the transaction in Q4 2026, MBI's total net indebtedness is expected to be between $845 million and $895 million, allowing Cable One to further enhance its long-term growth prospects through resource integration and optimized network layout.
See More
Cable One to Host Q4 2025 Earnings Call on February 26, 2026
- Earnings Call Schedule: Cable One will host a conference call on February 26, 2026, at 5 p.m. ET to discuss its Q4 and full-year 2025 results, which is expected to provide investors with critical financial data and future outlook.
- New CEO Appointment: Jim Holanda will officially take over as CEO on February 16, 2026, and his leadership is anticipated to bring new strategic direction and growth opportunities, enhancing the company's competitive position in the market.
- Earnings Release Plan: The company will issue a press release after market close on February 26, 2026, detailing its Q4 and full-year 2025 results, providing investors with comprehensive financial data and analysis to assess the company's financial health.
- Live Webcast and Replay: The conference call will be available via a live audio webcast on Cable One's Investor Relations website, with a replay accessible until March 26, 2026, ensuring that investors who cannot attend live can still obtain relevant information.
See More
Cable One's New CEO Jim Holanda to Start on February 16
- New CEO Appointment: Cable One has announced that Jim Holanda will officially take over as CEO on February 16, 2026, a strategic move aimed at enhancing the company's future growth and innovation initiatives.
- Earnings Release Schedule: The company plans to release its fourth quarter and full year 2025 financial results after market close on February 26, 2026, which is expected to provide investors with critical performance metrics and future outlook.
- Conference Call Details: Cable One will host a conference call on February 26, 2026, at 5 p.m. ET, allowing investors to participate via live audio webcast or by phone, ensuring they stay updated on the company's latest developments.
- Replay Service: A replay of the conference call will be available from February 26, 2026, until March 26, 2026, enabling investors to review the meeting content for important insights and analyses.
See More
Cable Stocks Surge with Charter Leading Gains
- Cable Stocks Perform Strongly: On Friday, the television and radio sector rose approximately 0.5%, led by Charter Communications' impressive 11.4% gain, indicating increased market confidence that may attract more investor interest.
- Charter Communications Leads Gains: The strong performance of Charter not only boosts its market valuation but could also stimulate price increases in other cable companies, enhancing the overall investment appeal of the sector.
- Cable One Also Shines: Cable One's stock rose about 6.1%, reflecting optimistic sentiment among investors regarding the cable market, potentially leading to increased capital inflow and further industry recovery.
- Market Sentiment Rebounds: The rise in cable stock prices suggests a restoration of investor confidence in the sector, which may signal future growth potential, especially against the backdrop of recovering advertising and subscription revenues.
See More
Wells Fargo Downgrades Major Cable Stocks, Forecasts 1 Million Subscriber Loss in 2026
- Rating Downgrade: On January 13, 2026, Wells Fargo Securities downgraded all four major cable stocks, including Charter Communications (CHTR), Comcast (CMCSA), Optimum (OPTU), and Cable One (CABO) to Underweight, reflecting a pessimistic outlook for the industry.
- Subscriber Loss Forecast: Analysts predict that cable companies will lose 1 million residential broadband subscribers by 2026, primarily due to fierce competition from fixed wireless access and fiber, which are expected to account for 100% of net broadband additions.
- Intensifying Competition: Fixed wireless access is projected to add nearly 4 million subscribers in 2025 and maintain around 3.7 million net adds in 2026, showcasing strong growth potential for wireless carriers and increasing pressure on cable operators.
- Gloomy Industry Outlook: Due to market saturation, immigration headwinds, and fewer price hikes, major mobile network operators are expected to see a 10% decline in postpaid phone net adds in 2026, with overall industry growth slowing to about 4%, indicating intensifying competition in both cable and wireless markets.
See More
Cable One Acquires Remaining 55% of MBI for $475M-$495M
- Acquisition Agreement: Cable One announced a definitive agreement to acquire the remaining 55% equity interest in Mega Broadband Investments Holdings LLC for an estimated purchase price between $475 million and $495 million, aimed at expanding its market footprint in the Southeast and Mid-South U.S.
- Market Expansion Opportunity: Full ownership of MBI will provide Cable One with approximately $310 million in annual revenue and 210,000 customers, enhancing its competitive position in the rapidly growing broadband market.
- Financial Structure Optimization: The acquisition will be financed through a combination of cash and debt, potentially including borrowings from its existing $1.25 billion revolving credit facility, with completion anticipated in Q4 2026, further enhancing the company's financial flexibility.
- Strategic Integration Plan: Cable One's Interim CEO stated that this acquisition aligns with the company's operational philosophy, aiming to enhance service quality and drive long-term growth by integrating MBI's network and team.
See More
Cable One Acquires 55% of Mega Broadband for $475M-$495M, Expanding Market Footprint
- Acquisition Agreement: Cable One has signed a definitive agreement to acquire 55% of Mega Broadband for approximately $475 million to $495 million, significantly expanding its market presence in the Southeast and Mid-South U.S.
- Market Expansion Opportunity: Full ownership of MBI, which generated $310 million in annual revenue and serves 210,000 customers, will enable Cable One to enhance operational efficiency and strengthen its position in the competitive broadband market.
- Financial Structure Optimization: Cable One plans to finance the transaction through a combination of cash and debt, including borrowings from its existing $1.25 billion revolving credit facility, ensuring smooth transaction completion while mitigating financial risks.
- Future Growth Potential: Following the anticipated completion of the transaction in Q4 2026, MBI's total net indebtedness is expected to be between $845 million and $895 million, allowing Cable One to further enhance its long-term growth prospects through resource integration and optimized network layout.
See More
