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The latest update is out from Cable ONE ( (CABO) ).
On March 12, 2026, Cable One, Inc. drew $575 million under its $1.25 billion revolving credit facility, a move that reflects its use of bank credit lines to manage balance sheet liquidity. On March 16, 2026, the company applied the full amount of those borrowings to repay at maturity its $575 million principal of 0.000% convertible senior notes due 2026, leaving $675 million of unfunded commitments available under the revolver.
The transaction effectively refinanced maturing convertible debt with revolving bank debt, shifting the company’s liability mix while avoiding a cash outlay beyond its credit facility usage. This maneuver may ease near-term refinancing pressure and preserve financial flexibility, though it increases reliance on the revolving credit facility as a key funding source.
The most recent analyst rating on (CABO) stock is a Hold with a $114.00 price target. To see the full list of analyst forecasts on Cable ONE stock, see the CABO Stock Forecast page.
Spark’s Take on CABO Stock
According to Spark, TipRanks’ AI Analyst, CABO is a Neutral.
CABO scores low primarily due to the sharp 2025 profitability collapse and elevated leverage risk, compounded by a bearish technical setup (price below all key moving averages and negative MACD). The high dividend yield and ongoing positive free cash flow provide partial support, while the earnings call guidance and commentary remain mixed given ongoing revenue/subscriber declines and higher pro forma leverage from the planned MBI transaction.
To see Spark’s full report on CABO stock, click here.
More about Cable ONE
Cable One, Inc. is a U.S. broadband communications company that operates in the telecommunications industry. It provides connectivity and related services to residential and business customers, using large-scale credit facilities to support its capital structure and manage outstanding debt obligations.
Average Trading Volume: 156,308
Technical Sentiment Signal: Strong Sell
Current Market Cap: $641.2M
Find detailed analytics on CABO stock on TipRanks’ Stock Analysis page.