Charter Communications Acquires Cox’s Fiber and IT Services

Charter Communications ( (CHTR) ) has provided an announcement.

On May 16, 2025, Charter Communications entered into a transaction agreement with Cox Enterprises to acquire Cox’s commercial fiber and managed IT and cloud services businesses for $3.5 billion in cash. The transaction will also involve Cox contributing its residential cable business assets to Charter Holdings, with Cox Parent receiving convertible preferred units and common units of Charter Holdings. This strategic move is expected to significantly enhance Charter’s market position by expanding its service offerings and increasing its market share in the telecommunications sector.

The most recent analyst rating on (CHTR) stock is a Buy with a $386.00 price target. To see the full list of analyst forecasts on Charter Communications stock, see the CHTR Stock Forecast page.

Spark’s Take on CHTR Stock

According to Spark, TipRanks’ AI Analyst, CHTR is a Outperform.

Charter Communications scores a solid 74.5, driven by robust financial performance and strategic growth opportunities from a major merger. Despite high leverage, the company maintains strong operational efficiency. Technical indicators suggest overbought conditions, and customer base challenges temper the outlook, but attractive valuation and positive corporate developments offer solid growth potential.

To see Spark’s full report on CHTR stock, click here.

More about Charter Communications

Charter Communications, Inc. is a major player in the telecommunications industry, providing services such as cable television, internet, and phone services. The company is focused on expanding its market presence and enhancing its service offerings through strategic acquisitions and partnerships.

Average Trading Volume: 1,426,290

Technical Sentiment Signal: Buy

Current Market Cap: $119.9B

See more insights into CHTR stock on TipRanks’ Stock Analysis page.