In a report released today, Gregory Williams from TD Cowen maintained a Buy rating on Optimum Communications Inc Class A, with a price target of $2.00.
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Gregory Williams has given his Buy rating due to a combination of factors, including Optimum’s clear shift toward higher‑margin profitability despite elevated subscriber losses. Management intentionally prioritized average revenue per user and cost efficiency, delivering the strongest EBITDA margin in four years, supported by sizable operating expense reductions and ongoing automation initiatives.
Williams also views the company’s operational momentum as a strategic positive while it navigates competitive headwinds and its bondholder situation. Broadband and video trends are showing measurable improvement versus expectations, and enhanced pricing discipline plus converged service bundles are helping stabilize churn, which he believes sets a more attractive risk‑reward profile at the current valuation.