Liberty Broadband (LBRDA) AI Stock Analysis

• Market Cap: $7.44B
• Dividend Yield: N/A
• Average Volume (3M): 109.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: -21.24%
• EPS Growth: 0.82%
• Country: US
• Employees: 1,900
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -22.21
• Shares Outstanding: 18,254,690
• 10 Day Avg. Volume: 132,440
• 30 Day Avg. Volume: 109,697
• PEG Ratio: <0.01
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -21.11
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 16.41
• Enterprise Value/Gross Profit: 21.04
• Enterprise Value/Ebitda: -2.40
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 8.93
• Revenue Forecast (FY): $1.10B

• Rating: 47 Neutral
• Price Target: $50.00 ▲(2.54% Upside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is held down primarily by weak financial performance (especially cash flow sustainability and the sharp deterioration noted in the provided financial statement assessments). Technicals are also soft with the stock below key moving averages and subdued momentum. These negatives are partially offset by a relatively constructive earnings call highlighting improved liquidity and operating performance, but near-term elevated CapEx and subscriber pressures temper the outlook.

Positive Factors

Charter equity exposure

Liberty Broadband’s principal asset is a large ownership stake in Charter, giving durable exposure to subscription-based broadband, business services and mobile revenue streams. This ownership model captures recurring cash flow upside without direct operating complexity, preserving long-term optionality and focus on capital allocation.

Stronger profitability and liquidity

Record adjusted OIBDA and a >70% rise in free cash flow, combined with a fully subscribed $300M rights offering and ~$429M year-end cash, materially strengthen near-term liquidity. That buffer supports scheduled peak CapEx, reduces short-term refinancing pressure and increases financial flexibility for multi-quarter network investments.

Network investment & BEAD potential

Planned DOCSIS 4.0 HFC upgrades, middle‑mile fiber work and a provisional $120M BEAD award (subject to approval) materially improve long-term competitiveness versus fixed wireless. These structural upgrades raise peak speeds, reduce churn risk, and, if BEAD funded, lower effective capex per new pass, supporting sustainable margins over time.

Negative Factors

Persistently negative free cash flow

Free cash flow has been negative across reported years and deteriorated sharply in 2025, indicating weak cash conversion. Persistent negative FCF forces reliance on external financing or asset transactions to fund operations and capex, undermining self-sufficiency and creating medium-term funding risk if market access tightens.

Higher leverage in 2025

An abrupt step-up in reported total debt and a higher debt-to-equity ratio in 2025 raise balance-sheet and refinancing vulnerability, particularly as 2026 is a peak CapEx year. Elevated leverage reduces strategic flexibility, increases interest exposure and magnifies downside if operating cash flow underperforms during the network investment cycle.

Subscriber and revenue pressure

A multi-quarter decline in data subscribers and modest consumer revenue contraction reflect secular wireless substitution, competitive fixed‑wireless entrants and the video exit. Reliance on promotions to drive wireless adds margin risk and implies continued customer churn pressure, which could blunt returns on network investment over several quarters.

Liberty Broadband Business Overview & Revenue Model

Company Description

Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The Charter segment offers subscription-based video services comprising video on demand, high-definition television, and digital video recorder service; local and long-distance calling, voicemail, call waiting, caller ID, call forwarding, and other voice services, as well as international calling services; and Spectrum TV. It also provides internet services, including an in-home Wi-Fi product that provides customers with high-performance wireless routers and managed Wi-Fi services; advanced community Wi-Fi; mobile internet; and a security suite that offers protection against computer viruses and spyware. In addition, this segment offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks and digital outlets; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.

How the Company Makes Money

Liberty Broadband makes money primarily through the economic performance of the operating companies in which it holds significant equity stakes, rather than by selling products or services directly to end customers. (1) Value and earnings exposure via Charter Communications: Liberty Broadband’s largest asset is its investment in Charter Communications. Charter generates revenue mainly from recurring subscription fees for (a) residential internet (broadband), (b) video services, (c) mobile service (Spectrum Mobile), (d) voice, and (e) business services for commercial customers, plus certain advertising and other ancillary revenues. Liberty Broadband benefits from this through its share of Charter’s overall profitability and changes in the market value of its Charter stake. (2) Earnings exposure via GCI: Liberty Broadband also has an interest in GCI, which generates revenue from providing telecommunications services in Alaska, including broadband internet and wireless services, and related offerings. Liberty Broadband benefits from GCI’s operating cash flows and overall business performance through its ownership interest. (3) Parent-level cash sources and uses: As a holding company, Liberty Broadband’s cash inflows can include dividends or distributions from its investees (if and when paid) and proceeds from financing or asset transactions; its cash outflows typically include corporate overhead, interest expense (if debt is outstanding at the parent level), taxes, and capital allocation activities (e.g., share repurchases or additional investments). Specific amounts, dividend policies, and detailed terms of any distributions or financing are not provided here and would depend on company filings and current corporate actions.

Liberty Broadband Financial Statement Overview

Summary

Financial statement quality is pressured by the provided weak Income Statement (34) and especially weak Cash Flow score (22), including persistently negative free cash flow and poor cash conversion. The Balance Sheet is comparatively better (46) but shows increased leverage risk in 2025, which limits the overall financial performance score.

Income Statement

Results deteriorated sharply in 2025, with revenue down materially (-28.4% YoY) and profitability swinging to a large net loss (net margin ~-94%) versus strong reported profits in 2021–2024. While earlier years showed healthy gross profitability (~71%–75%) and generally positive EBITDA margins (~27%–31%), the sudden 2025 collapse and volatility in earnings quality over time weigh heavily on the income statement profile.

Balance Sheet

Leverage was moderate and fairly stable through 2021–2024 (debt-to-equity roughly ~0.38–0.46), supporting a reasonably balanced capital structure. However, 2025 shows an extreme step-up in total debt ($94.0B) and a higher debt-to-equity (~0.61), alongside negative returns on equity, indicating increased balance-sheet risk and reduced profitability support.

Cash Flow

Cash generation is weak and inconsistent: operating cash flow is negative in multiple years (2020, 2022, 2025) and free cash flow is negative every year shown, including a steep deterioration in 2025 (free cash flow growth ~-471.6%). Even when net income was positive (2021–2024), free cash flow remained negative, suggesting profits have not been translating into cash and raising sustainability concerns.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	1.02B	981.00M	975.00M	988.00M
Gross Profit	0.00	759.00M	736.00M	722.00M	706.00M
EBITDA	-3.14B	299.00M	303.00M	290.00M	264.00M
Net Income	-2.68B	869.00M	688.00M	1.26B	732.00M
Balance Sheet
Total Assets	8.83B	16.69B	15.64B	15.14B	16.97B
Cash, Cash Equivalents and Short-Term Investments	57.00M	163.00M	158.00M	375.00M	191.00M
Total Debt	1.75B	3.83B	3.82B	3.89B	3.85B
Total Liabilities	3.13B	6.88B	6.62B	6.64B	6.83B
Stockholders Equity	5.70B	9.79B	9.00B	8.48B	10.13B
Cash Flow
Free Cash Flow	-327.00M	-143.00M	-206.00M	-237.00M	-131.00M
Operating Cash Flow	-327.00M	104.00M	16.00M	-56.00M	3.00M
Investing Cash Flow	1.21B	130.00M	150.00M	3.05B	4.06B
Financing Cash Flow	-940.00M	-181.00M	-390.00M	-2.80B	-5.29B

Liberty Broadband Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 48.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LBRDA, the sentiment is Neutral. The current price of 48.76 is below the 20-day moving average (MA) of 52.83, below the 50-day MA of 50.38, and below the 200-day MA of 60.52, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 49.07 is Neutral, neither overbought nor oversold. The STOCH value of 20.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LBRDA.

Liberty Broadband Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TKC	72 Outperform	$5.47B	11.51	7.24%	5.57%	19.02%	9.26%
KT	63 Neutral	$9.72B	12.98	10.06%	4.13%	0.63%	-21.51%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SKM	57 Neutral	$11.31B	27.39	3.37%	5.02%	-8.16%	-52.52%
LUMN	55 Neutral	$6.98B	-4.44	267.95%	―	-4.56%	23.46%
LBRDA	47 Neutral	$7.44B	-2.58	-30.57%	―	-21.24%	0.82%

Liberty Broadband Corporate Events

Liberty Broadband Declares Quarterly Dividend on Preferred Stock

On March 12, 2026, Liberty Broadband Corporation announced that its board of directors declared a regular quarterly cash dividend of $0.43750001 per share on its Series A Cumulative Redeemable Preferred Stock. The dividend will be paid in cash on April 15, 2026 to holders of record as of the close of business on March 31, 2026, underscoring the company’s continued capital return to preferred shareholders and the stability of its income profile tied to its Charter Communications stake.

The most recent analyst rating on (LBRDA) stock is a Hold with a $51.00 price target. To see the full list of analyst forecasts on Liberty Broadband stock, see the LBRDA Stock Forecast page.

Liberty Broadband Schedules 2026 Virtual Annual Stockholder Meeting

Liberty Broadband Corporation, whose main asset is its ownership interest in Charter Communications, announced on March 6, 2026, that it will hold its 2026 Annual Meeting of Stockholders virtually on Monday, May 11, 2026, at 11:15 a.m. M.T. Stockholders of record as of 5:00 p.m. New York City time on March 23, 2026, will be able to listen, vote and submit questions online using a control number provided with their proxy materials.

The company will also make access to the meeting available via its investor relations website, with an archived webcast posted after required SEC filings are completed. The move underscores Liberty Broadband’s continued reliance on virtual formats for shareholder engagement, offering broad digital access to investors without indicating any change to its underlying operations or strategic positioning tied to its core Charter Communications stake.

The most recent analyst rating on (LBRDA) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Liberty Broadband stock, see the LBRDA Stock Forecast page.

Liberty Broadband Updates Charter Merger Liquidity Arrangements

On November 12, 2024, Liberty Broadband agreed to a two-step merger with Charter Communications under which Liberty Broadband will be combined into Charter through intermediary merger entities and become part of a wholly owned Charter subsidiary. Simultaneously, Liberty Broadband, Charter and Advance/Newhouse Partnership amended existing governance and letter agreements to define Charter’s monthly repurchases of Charter Class A common stock from Liberty Broadband or, where repurchases are constrained, related lending arrangements to ensure Liberty Broadband can meet specified liquidity and debt obligations while maintaining at least a 25.25% equity interest in Charter.

On March 5, 2026, the parties further refined these arrangements in a new letter agreement that adjusts how Liberty Broadband’s liquidity is measured and slightly alters the timing mechanics for the March 2026 repurchase period. These changes are designed to support an orderly execution of the pending combination and related capital management framework, with implications for Liberty Broadband’s funding profile and the ongoing coordination of Charter’s share repurchase program with the interests of its large strategic stockholders.

The most recent analyst rating on (LBRDA) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Liberty Broadband stock, see the LBRDA Stock Forecast page.

Liberty Broadband Announces Transition in Top Legal Leadership

On March 5, 2026, Liberty Media Corporation announced that Renee L. Wilm will step down from her role as Chief Legal Officer and Chief Administrative Officer of Liberty Broadband Corporation later in the year. She will transition to the position of Senior Advisor, continuing to provide strategic guidance and counsel to the company’s leadership and supporting key corporate initiatives, suggesting a shift in executive responsibilities while preserving continuity in high-level oversight.

The move reflects a restructuring of Liberty Broadband’s top legal and administrative leadership, while retaining Wilm’s institutional knowledge in an advisory capacity. For stakeholders, this change indicates management continuity and ongoing strategic support during the transition, potentially smoothing any operational or governance impacts that can accompany senior executive changes.

The most recent analyst rating on (LBRDA) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Liberty Broadband stock, see the LBRDA Stock Forecast page.

Liberty Broadband Schedules Shareholder Q&A After Earnings Call

On January 13, 2026, Liberty Broadband Corporation announced it will host a brief quarterly Q&A session for shareholders and analysts following GCI Liberty, Inc.’s fourth-quarter earnings conference call, scheduled for Wednesday, February 11 at 11:15 a.m. Eastern Time. Management is expected to address questions on the financial performance and outlook of both Liberty Broadband and GCI Liberty during the call, underscoring the company’s efforts to enhance transparency and engagement with the investment community through regular access to leadership and webcast and replay options for participants.

The most recent analyst rating on (LBRDA) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Liberty Broadband stock, see the LBRDA Stock Forecast page.