Bernstein Reiterates a Buy Rating on Charter Communications (CHTR), Sets a $380 PT

Charter Communications, Inc. (NASDAQ:CHTR) is one of the top cheap stocks that will go to the moon according to Reddit. In a report released on August 12, Laurent Yoon from Bernstein reiterated a Buy rating on Charter Communications, Inc. (NASDAQ:CHTR), setting a price target of $380.00.Why Charter Communications (CHTR) Is Surging In 2025?

A line of cable boxes and modern televisions, representing the company's video services.

Charter Communications, Inc. (NASDAQ:CHTR) reported its fiscal Q2 results on July 25, with total Internet customers decreasing by 117,000. Total mobile lines for the quarter rose by 500,000.

As of June 30, Charter Communications, Inc. (NASDAQ:CHTR) serves 29.9 million Internet customers, 10.9 million mobile lines, and 31.2 million customer relationships (excluding mobile-only relationships).

Charter Communications, Inc. (NASDAQ:CHTR) also reported that revenue for Q2 rose 0.6% year-over-year to $13.8 billion, supported by residential mobile service revenue growth of 24.9%, residential Internet revenue growth of 2.8%, and other revenue growth of 18.9%.

Charter Communications, Inc. (NASDAQ:CHTR) provides broadband communications services. The company’s offerings include Spectrum TV, Spectrum Internet, and Spectrum Voice.

Charter Communications, Inc. (NASDAQ:CHTR) also offers data networking, business-to-business Internet access, video and music entertainment services, business telephone, and wireless backhaul.

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Disclosure: None. This article is originally published at Insider Monkey.