GCI Liberty, Inc. Class A (GLIBA)
NASDAQ:GLIBA
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GCI Liberty, Inc. Class A
(NASDAQ:GLIBA)
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Rating:58Neutral
Price Target:
$39.00
▲(6.27% Upside)
Action:ReiteratedDate:02/14/26
The score is driven mainly by solid cash flow strength and improved balance sheet flexibility, partially offset by the 2025 net loss and a negative P/E. Technicals are modestly supportive, while earnings-call guidance highlights a near-term CapEx peak and subscriber headwinds that temper the otherwise strong operational momentum.
Positive Factors
Cash generation
Material improvement in operating cash flow and substantially higher free cash flow provide durable internal funding for network investment, debt service and working capital. Strong cash conversion despite a net loss gives the company resilience to execute multi‑year buildouts and absorb timing variability.
Negative Factors
2025 net loss
A large, recent net loss and negative return on equity weaken earnings consistency and capital resilience. If losses persist, shareholder equity and the ability to fund dividends, repurchases or discretionary investments could be impaired, limiting long‑term returns despite solid cash/EBITDA.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Material improvement in operating cash flow and substantially higher free cash flow provide durable internal funding for network investment, debt service and working capital. Strong cash conversion despite a net loss gives the company resilience to execute multi‑year buildouts and absorb timing variability.
Read all positive factors
GCI Liberty, Inc. Class A (GLIBA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.46B
Dividend YieldN/A
Average Volume (3M)44.76K
Price to Earnings (P/E)―
Beta (1Y)0.58
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees84
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)0.52
Shares Outstanding3,650,938
10 Day Avg. Volume29,006
30 Day Avg. Volume44,756
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.68
Price to Sales (P/S)1.09
P/FCF Ratio9.37
Enterprise Value/Market Cap1.27
Enterprise Value/Revenue1.78
Enterprise Value/Gross Profit4.48
Enterprise Value/Ebitda-14.47
Forecast
1Y Price Target
$68.00Price Target Upside85.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)4.25
Revenue Forecast (FY)$1.08B
GCI Liberty, Inc. Class A Business Overview & Revenue Model
Company Description
Operates communications businesses, primarily via GCI Holdings—Alaska’s largest provider of data, wireless, video, voice, and managed services—and holds interests in Charter Communications and Liberty Broadband...
How the Company Makes Money
GCI Liberty generates revenue through several key streams, primarily from its subscription-based services in broadband, video, and wireless communications. The company's broadband segment earns money from residential and commercial internet servic...
GCI Liberty, Inc. Class A Earnings Call Summary
Earnings Call Date:Feb 11, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Aug 17, 2026
Earnings Call Sentiment Positive
The call conveyed strong financial and operational momentum — record revenue and adjusted OIBDA, materially higher free cash flow, a completed $300M rights offering, meaningful wireless and business segment growth, and clear network upgrade plans — which outweigh several operational and timing challenges such as data subscriber losses, fiber-related service disruptions, elevated 2026 CapEx, and some funding timing uncertainty for BEAD awards. Management expects 2026 to be a stable year with near-term CapEx peak followed by a return to historical capital intensity and improved cash generation.Positive Updates
Record Revenue and Adjusted OIBDA
Reported record annual revenue of $1.0 billion, a 3% increase year-over-year, and record adjusted OIBDA of $403 million, up 12% year-over-year. Fourth quarter adjusted OIBDA was $90 million, a 7% increase versus prior year quarter.
Negative Updates
Data Subscriber Decline
Data subscribers fell 3% year-over-year, exiting the year at 151,200 (a net loss of 4,500 data subscribers during the year and 1,200 in Q4). Declines attributed to wireless substitution, limited competition from Starlink, and prior third-party fiber outages; win-back of impacted customers has been slow.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Revenue and Adjusted OIBDA
Reported record annual revenue of $1.0 billion, a 3% increase year-over-year, and record adjusted OIBDA of $403 million, up 12% year-over-year. Fourth quarter adjusted OIBDA was $90 million, a 7% increase versus prior year quarter.
Read all positive updates
Company Guidance
Management guided to a “stable” 2026 with a peak year of capital spending of approximately $290 million (including $20 million carried from 2025) versus $224 million of 2025 CapEx (net of grants), after which CapEx is expected to trend back toward historical levels of 15–20% of revenue; they expect to complete the Alaska plan build‑out in 2026, offer 2.5 Gbps where fiber middle mile exists and ramp DOCSIS 4.0/HFC to reach 5+ Gbps, and noted repair costs from recent fiber breaks in the low single‑digit millions and a provisional BEAD award of ~$120 million (subject to NTIA). Financial metrics highlighted: FY2025 revenue just over $1.0 billion (+3% YoY), adjusted OIBDA $403 million (+12%, record), FY free cash flow $146 million (up >70% YoY), Q4 revenue $262 million (flat) and Q4 adjusted OIBDA $90 million (+7%). Liquidity and capital structure metrics include consolidated cash of ~$429 million (inclusive of ~ $300 million net rights offering proceeds), total principal debt of ~ $1.0 billion, net leverage per the credit agreement 2.3x (consolidated net leverage 1.6x), and $377 million of undrawn credit capacity. Operational metrics called out: consumer wireless lines ended year at 199,000 (total wireless 207,500 including 8,500 business lines), consumer wireless +2% YoY, peak postpaid 165,400, postpaid lines sold in bundles 62% (vs. 57% at end‑2024), ~40% of broadband customers have one or more wireless lines, and data subscribers 151,200 (‑3% YoY; ‑4,500 YTD, ‑1,200 in Q4).GCI Liberty, Inc. Class A Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
58
Neutral
Cash Flow
72
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.05B | 940.00M | 904.00M | 894.73M | 739.76M |
| Gross Profit | 311.00M | 661.00M | 632.00M | 609.40M | 512.57M |
| EBITDA | 440.00M | 353.00M | 346.00M | 212.18M | -730.37M |
| Net Income | -309.00M | 70.00M | 41.00M | 2.19B | -873.30M |
Balance Sheet | |||||
| Total Assets | 3.41B | 3.38B | 3.33B | 11.93B | 8.66B |
| Cash, Cash Equivalents and Short-Term Investments | 424.00M | 74.00M | 79.00M | 569.52M | 491.26M |
| Total Debt | 1.15B | 1.14B | 1.10B | 3.27B | 2.89B |
| Total Liabilities | 1.71B | 1.95B | 1.83B | 5.72B | 4.35B |
| Stockholders Equity | 1.69B | 1.41B | 1.48B | 6.20B | 4.30B |
Cash Flow | |||||
| Free Cash Flow | 122.00M | 31.00M | 54.00M | -87.45M | -51.46M |
| Operating Cash Flow | 370.00M | 278.00M | 276.00M | 61.03M | 82.89M |
| Investing Cash Flow | -218.00M | -193.00M | -214.00M | -130.68M | -180.23M |
| Financing Cash Flow | 202.00M | -107.00M | -76.00M | -6.94M | -1.72B |
GCI Liberty, Inc. Class A Risk Analysis
GCI Liberty, Inc. Class A disclosed 62 risk factors in its most recent earnings report. GCI Liberty, Inc. Class A reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
GCI Liberty, Inc. Class A Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $1.46B | -3.70 | ― | ― | ― | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | $1.46B | -3.70 | ― | ― | ― | ― | |
52 Neutral | $812.38M | -16.17 | -4.41% | 0.97% | 11.59% | -106.83% | |
47 Neutral | $540.05M | -1.79 | -23.85% | 10.11% | -4.94% | -335.70% |
* Communication Services Sector Average
GLIBA
GCI Liberty, Inc. Class A
36.70
6.19
20.29%
SHEN
Shenandoah Telecommunications Co
14.69
2.07
16.45%
CABO
Cable ONE
95.21
-172.56
-64.44%
GLIBK
GCI Liberty, Inc. Class C
36.78
8.10
28.24%
GCI Liberty, Inc. Class A Corporate Events
Business Operations and StrategyFinancial Disclosures
GCI Liberty Schedules Fourth-Quarter 2025 Earnings Release
Neutral
Jan 14, 2026
On January 13, 2026, GCI Liberty, Inc. announced it would release its fourth-quarter 2025 results before market open on Wednesday, February 11, 2026, followed by a conference call at 11:15 a.m. Eastern Time that will include prepared remarks and a...
Business Operations and StrategyPrivate Placements and Financing
GCI Liberty Completes $300 Million Rights Offering Successfully
Positive
Dec 23, 2025
On December 23, 2025, GCI Liberty, Inc. announced it had completed a fully subscribed rights offering that expired on December 17, 2025, raising approximately $300 million through the issuance of 11,059,127 shares of Series C GCI Group common stoc...
Business Operations and StrategyPrivate Placements and Financing
GCI Liberty Announces Subscription Rights Offering Terms
Neutral
Nov 25, 2025
On November 24, 2025, GCI Liberty, Inc. announced the terms for its previously declared distribution of subscription rights to holders of its Series A, B, and C GCI Group common stock. This rights offering allows holders to acquire Series C GCI Gr...
Financial DisclosuresShareholder Meetings
GCI Liberty Chairman’s CNBC Interview Announcement
Neutral
Nov 19, 2025
GCI Liberty, Inc. has announced that an interview with its Chairman, John C. Malone, will be broadcast on CNBC on November 20, 2025. This interview coincides with Liberty Media Corporation’s annual Investor Meeting and may include insights i...
Shareholder Meetings
GCI Liberty Announces Webcast Q&A Session Invitation
Neutral
Nov 14, 2025
On November 13, 2025, GCI Liberty, Inc. announced that its shareholders are invited to participate in a webcast QA session following the Liberty Media Corporation’s annual Investor Meeting on November 20, 2025. The session, hosted by John Ma...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.