Liberty Broadband Corp (LBRDK)
NASDAQ:LBRDK
Want to see LBRDK full AI Analyst Report?
Top Page
Liberty Broadband
(NASDAQ:LBRDK)
Select Model
Select Model
Rating:48Neutral
Price Target:
$36.00
▼(-31.48% Downside)
Action:Reiterated
Date:05/11/26
The score is held down primarily by deteriorating TTM financial performance (large losses and negative cash flow) and strong bearish technical momentum with the stock far below major moving averages. A low P/E provides some valuation support, and the latest earnings call points to longer-term strategic upside, but near-term operating pressure and higher planned capital intensity keep overall risk elevated.
Positive Factors
Manageable leverage and equity cushion
Reported debt-to-equity near 0.31 and sizable equity provide durable balance-sheet flexibility. That cushion supports funding of strategic deals, temporary operating losses, and refinancing needs without immediate distress, preserving long-term optionality for capital allocation.
Negative Factors
Negative operating and free cash flow
Sustained negative operating and free cash flow undermines funding for growth and debt service without outside support. Over months this forces reliance on balance‑sheet actions, asset monetization, or parent support, reducing independent financial resilience and increasing execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage and equity cushion
Reported debt-to-equity near 0.31 and sizable equity provide durable balance-sheet flexibility. That cushion supports funding of strategic deals, temporary operating losses, and refinancing needs without immediate distress, preserving long-term optionality for capital allocation.
Read all positive factors
Liberty Broadband (LBRDK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.87B
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)8.8
Beta (1Y)0.69
Revenue Growth-74.83%
EPS Growth-404.68%
CountryUS
Employees1,900
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-19.09
Shares Outstanding124,856,050
10 Day Avg. Volume998,080
30 Day Avg. Volume1,142,043
Financial Highlights & Ratios
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 Cap1.51
Enterprise Value/Revenue28.28
Enterprise Value/Gross Profit36.35
Enterprise Value/Ebitda-1.99
Forecast
1Y Price Target
$54.00Price Target Upside2.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)5.44
Revenue Forecast (FY)$1.10B
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...
How the Company Makes Money
Liberty Broadband primarily makes money through the value and cash flows associated with its investment in Charter Communications. The company’s economic results are driven mainly by (1) changes in the market value of its Charter stake (which can ...
Liberty Broadband Earnings Call Summary
Earnings Call Date:Apr 28, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 31, 2026
Earnings Call Sentiment Neutral
The call presents a balanced picture: strong strategic initiatives (Quintillion acquisition, LLA investment, network build-out and improving convergence metrics) and solid liquidity at quarter end are positive. However, near-term financial metrics show pressure — revenue down 4%, adjusted OIBDA down 18%, free cash flow down ~13%, subscriber losses in data and peak 2026 CapEx that increases near-term leverage. Overall, the company is executing strategic moves that could drive longer-term value, while facing near-term operational and financial headwinds.Positive Updates
Strategic Acquisitions and Investments
Definitive agreement to acquire Quintillion for $310 million (plus up to $50 million reimbursement and potential earn-outs); expected to be accretive to free cash flow in the first year after closing. Completed acquisition of a 6% equity interest in Liberty Latin America for approximately $107 million and pursuing additional LLA shares. GCI to provide a $160 million unsecured loan to Quintillion. Intention to rename GCI Liberty to Liberty Capital to reflect expanded investment focus.
Negative Updates
Total Revenue Decline
Total consolidated revenue of $256 million for the quarter, down 4% year-over-year. Consumer revenue declined 5% YoY (driven by video shutdown and data subscriber losses). Business revenue declined 3% YoY (would be roughly flat excluding a ~$4 million out-of-period benefit in the prior year).
Read all updates
Q1-2026 Updates
Positive
Negative
Strategic Acquisitions and Investments
Definitive agreement to acquire Quintillion for $310 million (plus up to $50 million reimbursement and potential earn-outs); expected to be accretive to free cash flow in the first year after closing. Completed acquisition of a 6% equity interest in Liberty Latin America for approximately $107 million and pursuing additional LLA shares. GCI to provide a $160 million unsecured loan to Quintillion. Intention to rename GCI Liberty to Liberty Capital to reflect expanded investment focus.
Read all positive updates
Company Guidance
Guidance highlights: GCI expects 2026 CapEx of approximately $290 million (including $20M carried from 2025), with CapEx to peak in 2026 and then step down toward a historical range of 15–20% of revenue; Q1 CapEx net of grant proceeds was $55M. Management said the proposed Quintillion acquisition (consideration $310M cash, subject to adjustments, up to $50M reimbursement and potential earn‑outs) and a planned $160M unsecured loan should enhance network resilience and be accretive to free cash flow in the first year after closing; GCI also invested about $107M to acquire a 6% interest in Liberty Latin America. At quarter end consolidated cash, cash equivalents and restricted cash were $448M (including $131M at GCI), total principal debt was ~ $1.0B, consolidated net leverage was 1.6x (pro forma 2.3x after the LLA purchase and Quintillion loan; GCI pro forma leverage ~2.7x after the $160M loan), trailing‑12‑month free cash flow was $99M (down ~13% YoY), Q1 revenue was $256M (‑4% YoY) and adjusted OIBDA was $93M (‑18% YoY). Operational guidance/metrics include 200,000 consumer wireless lines (up 2% YoY), total wireless lines 207,700 (7,700 business), +1,000 consumer adds in the quarter (500 postpaid), 150,500 data subscribers (‑3% YoY), consumer gross margin 72.2% and business gross margin 77.3%; management noted strong promotional retention (upsell retention in the low‑90% range), >40% of broadband customers have one or more wireless lines and >60% of postpaid wireless lines are sold as part of a package.Liberty Broadband Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
63
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 261.00M | 0.00 | 1.02B | 981.00M | 975.00M | 988.00M |
| Gross Profit | 203.00M | 0.00 | 759.00M | 736.00M | 722.00M | 706.00M |
| EBITDA | -3.70B | -3.14B | 299.00M | 303.00M | 290.00M | 264.00M |
| Net Income | -2.74B | -2.68B | 869.00M | 688.00M | 1.26B | 732.00M |
Balance Sheet | ||||||
| Total Assets | 9.85B | 8.83B | 16.69B | 15.64B | 15.14B | 16.97B |
| Cash, Cash Equivalents and Short-Term Investments | 51.00M | 57.00M | 163.00M | 158.00M | 375.00M | 191.00M |
| Total Debt | 2.56B | 1.75B | 3.83B | 3.82B | 3.89B | 3.85B |
| Total Liabilities | 3.95B | 3.13B | 6.88B | 6.62B | 6.64B | 6.83B |
| Stockholders Equity | 5.90B | 5.70B | 9.79B | 9.00B | 8.48B | 10.13B |
Cash Flow | ||||||
| Free Cash Flow | -167.00M | -327.00M | -143.00M | -206.00M | -237.00M | -131.00M |
| Operating Cash Flow | -232.00M | -327.00M | 104.00M | 16.00M | -56.00M | 3.00M |
| Investing Cash Flow | 1.03B | 1.21B | 130.00M | 150.00M | 3.05B | 4.06B |
| Financing Cash Flow | -337.00M | -940.00M | -181.00M | -390.00M | -2.80B | -5.29B |
Liberty Broadband Technical Analysis
Negative
52.54
Price Trends
45.40
Negative
47.88
Negative
51.67
Negative
Market Momentum
-3.72
Negative
33.76
Neutral
49.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LBRDK, the sentiment is Negative. The current price of 52.54 is above the 20-day moving average (MA) of 36.03, above the 50-day MA of 45.40, and above the 200-day MA of 51.67, indicating a bearish trend. The MACD of -3.72 indicates Negative momentum. The RSI at 33.76 is Neutral, neither overbought nor oversold. The STOCH value of 49.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LBRDK.
Liberty Broadband Risk Analysis
Liberty Broadband disclosed 9 risk factors in its most recent earnings report. Liberty Broadband 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
Liberty Broadband Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $8.85B | 11.21 | 8.77% | 4.13% | 13.45% | 148.36% | |
65 Neutral | $14.28B | 18,844.33 | 3.00% | 5.02% | -7.08% | -73.85% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
59 Neutral | $9.70B | -8.68 | -79.42% | ― | -6.78% | -452.12% | |
59 Neutral | $5.09B | 12.57 | 7.27% | 5.57% | 18.57% | 5.36% | |
48 Neutral | $4.87B | 8.84 | -35.53% | ― | -74.83% | -404.68% |
* Communication Services Sector Average
LBRDK
Liberty Broadband
33.95
-56.07
-62.28%
LUMN
Lumen Technologies
9.41
5.69
152.96%
KT
KT
18.32
-0.96
-4.98%
SKM
Sk Telecom
37.76
17.22
83.84%
TKC
Turkcell Iletisim
5.83
-0.36
-5.86%
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.