CHTR Price Prediction Next Week
Analysis and Insights
To predict the stock price of Charter Communications (CHTR) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
CHTR's stock price is currently trading at $375.52 as of the latest close. Key technical indicators include:
- RSI (14): 63.15, indicating the stock is not overbought.
- MACD: 6.01, showing bullish momentum.
- SMA (20, 50, 60, 200, 250): The stock is trading above all these moving averages, signaling a strong bullish trend.
The stock is approaching its Fibonacci resistance level of 385.72, with a pivot point at 370.28. Recent price action shows a high of 391.61 and a low of 371.03, suggesting the stock is consolidating before a potential breakout.
News Sentiment and Fundamental Analysis:
- CHTR received a high rating of 95% from Validea's Shareholder Yield Investor model, indicating strong fundamentals and valuation.
- Analysts have maintained a Buy rating with price targets ranging from $320 to $500, reflecting confidence in the stock's growth potential.
- The company's participation in the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2025, could provide further positive catalysts for the stock.
Prediction and Recommendation:
Based on the technical indicators and positive news sentiment, CHTR is expected to rise to $385 in the next trading week. The stock's strong fundamentals, bullish technical indicators, and analyst confidence make it a BUY.
CHTR Similar Chart Price Prediction
The price of CHTR is predicted to go up -8.63%, based on the high correlation periods with LBRDA. The similarity of these two price pattern on the periods is 97.95%.
CHTR
LBRDA
Down: -8.63%Similarity: 97.95%
CHTR Revenue Forecast
CHTR EPS Forecast
CHTR FAQs
What is CHTR revenue forecast for next quarter？
What is CHTR eps forecast for next quarter？
CHTR VS S&P500
Like its cable peers, Charter's networks provide a platform to easily meet customers' growing bandwidth demands, which should drive market share gains and strong recurring cash flow.
As the second-largest US cable company, Charter has the scale to efficiently adapt to changes hitting the telecom industry. The firm will be a force in the wireless industry eventually.
Holding prices down to drive market share gains will pay huge dividends down the road, pushing costs lower and cementing Charter's competitive position.
CHTR Analyst's Forecast
Jonathan Atkin
RBC Capital
Hold
2025-01-15
Price Target
$390 → $380
Upside
+8.4%
RBC Capital lowered the firm's price target on Charter to $380 from $390 and keeps a Sector Perform rating on the shares. The company's subscriber performance should benefit from new plans introduced in September, but anticipated broadband ARPU - average revenue per user - will be pressured going into FY25, the analyst tells investors in a research note. The firm's price target cut also reflects a higher interest rate assumptions, RBC adds.
Brandon Nispel
Keybanc
Hold → Buy
2024-12-12
Price Target
$500
Upside
+45.87%
Kohulan Paramaguru
Exane BNP Paribas
Sell → Hold
2024-11-26
Price Target
$360
Downside
-7.69%
