CHTR Price Prediction Next Week
Analysis and Insights
News Sentiment and Fundamental Analysis:
Charter Communications (CHTR) has shown strong fundamentals, with a 95% rating from Validea's Shareholder Yield Investor model, indicating effective cash return to shareholders through dividends, buybacks, and debt reduction. The stock is considered a large-cap value stock in the Communications Services industry, with a high score suggesting strong interest from investors.
Recent market trends indicate a rally in the broader market, though concerns about consumer sentiment and tariff policies could impact performance. However, the growth in TV streaming and broadband demand presents a positive outlook for CHTR, as it aligns with their core services.
Technical Analysis:
The technical indicators for CHTR show:
- RSI (14): 53.29, indicating a neutral position, not overbought or oversold.
- MACD: Slightly negative but approaching zero, suggesting a potential bullish crossover.
- Stochastic Oscillator: 34.37, indicating a potential buy signal if it rises from these levels.
- Fibonacci Levels: Pivot at 360.19, with resistance at 378.18 and support at 342.20.
The price action shows CHTR closing at 363.81, near the upper end of its recent range, suggesting potential upside if it breaks above resistance.
Price Prediction and Recommendation:
Based on the analysis, CHTR is expected to reach $378 in the next trading week. The stock is recommended as a buy, with a target price of $378 and a stop-loss at $342 to manage risk.
CHTR Similar Chart Price Prediction
The price of CHTR is predicted to go up 7.34%, based on the high correlation periods with CFFI. The similarity of these two price pattern on the periods is 91.93%.
CHTR
CFFI
Up: 7.34%Similarity: 91.93%
CHTR Revenue Forecast
CHTR EPS Forecast
CHTR FAQs
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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%
