-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We trim our 12-month target by $5 to $160, applying an EV/EBITDA multiple of 5.3x to our 2026 estimate. We lower our 2026 EPS estimate by $1.96 to $41.25 and raise 2027's by $1.00 to $50.19. CHTR reported a decline in residential revenue, primarily due to reductions in video revenue and increased allocation of costs to streaming apps. Even when excluding these allocations, the residential segment showed weak performance, with revenue per customer relationship nearly flat, indicating ongoing pressure in core business areas. It faced a loss of Internet customers, with a net decrease of 120,000 in Q1, reflecting intensified competition from fixed wireless providers, higher mobile substitution, and expanding fiber overlap. This trend signaled erosion in the subscriber base for Internet services. Video customer losses persisted, although the pace of decline improved compared to previous periods. Nevertheless, the overall trend remained negative, with video subscriptions continuing to decrease.