Liberty Global A (LBTYA) AI Stock Analysis

• Market Cap: $4.19B
• Dividend Yield: N/A
• Average Volume (3M): 1.78M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 6,820
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -8.71
• Shares Outstanding: 174,608,260
• 10 Day Avg. Volume: 1,832,386
• 30 Day Avg. Volume: 1,776,374
• PEG Ratio: <0.01
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.82
• P/FCF Ratio: -32.60
• Enterprise Value/Market Cap: 2.93
• Enterprise Value/Revenue: 2.51
• Enterprise Value/Gross Profit: 9.50
• Enterprise Value/Ebitda: 11.44
• 1Y Price Target: $12.67
• Price Target Upside: -0.78% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): -1.66
• Revenue Forecast (FY): $4.93B

• Rating: 63 Neutral
• Price Target: $13.50 ▲(5.72% Upside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is driven primarily by mixed financial performance—strong revenue growth and positive free cash flow offset by a severe TTM earnings swing to a large loss and negative ROE. Technicals are a notable positive with the stock trading above key moving averages and supportive momentum. The earnings call adds moderate support due to value-creation transactions and cost cuts, but near-term guidance for revenue/EBITDA declines limits upside, while valuation is less supportive given the negative P/E and no provided dividend yield.

Positive Factors

Scale & Diversified Operations

Operating four national fixed-mobile-converged platforms with roughly $22B revenue and $8B EBITDA provides durable scale benefits: diversified country exposure, stronger negotiating leverage with suppliers and content partners, and cross-sell opportunities that support stable recurring revenues and margin resilience over multiple years.

Strong Free Cash Flow Generation

Consistent positive operating and free cash flow (~$1.2B OCF; ~$1.45B FCF, +21% TTM) underpins financial flexibility: it funds network capex, supports debt servicing and selective buybacks, and enables self-funded strategic investments, making the business less reliant on volatile equity or high-cost refinancing over the medium term.

Strategic M&A and Corporate Restructuring

The VodafoneZiggo acquisition, planned Ziggo listing and portfolio rotation are structural moves to consolidate Benelux scale, crystallize value and capture ~€1B of synergies and targeted €500M FCF by 2028. Combined with a ~75% cut in net corporate spend, these actions materially reshape cash returns and governance over the medium term.

Negative Factors

Earnings Volatility & Weak Profitability

A swing to a large net loss and deeply negative margins (TTM net margin ~-50.6%, ROE ~-15.6%) signals material earnings volatility. Persistent weak profitability would limit retained earnings, constrain reinvestment capacity, and increase reliance on asset disposals or restructuring to restore sustainable returns over the medium term.

Near-term OpCo Revenue and EBITDA Pressure

Management guidance across key operating companies points to multi‑year pressure: declining service revenue and mid‑single to high‑single digit EBITDA falls, driven by competitive intensity, higher wholesale fees and planned resilience investments. Sustained OpCo weakness would slow deleveraging and compress group cash flow available for returns and growth.

Refinancing Sensitivity & Lower Corporate Liquidity

Pro forma corporate cash falling toward ~$1.5B from $2.2B, alongside contingent Wyre financing and a paused Telenet refinancing tranche, increases execution risk for planned spins and debt reduction. Reduced liquidity buffers could force accelerated asset sales or higher-cost funding if credit markets turn less favorable over the medium term.

Liberty Global A Business Overview & Revenue Model

Company Description

Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places. The company also provides various tiers of digital video programming and audio services, as well as digital video recorders and multimedia home gateway systems; and channels, including general entertainment, sports, movies, series, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels. In addition, it offers postpaid and prepaid mobile services; circuit-switched telephony services; and personal call manager, unified messaging, and a second or third phone line at an incremental cost. Further, the company offers business services comprising voice, advanced data, video, wireless, cloud-based services, and mobile and converged fixed-mobile services to small or home office, small business, and medium and large enterprises, as well as on a wholesale basis to other operators. It operates in the United Kingdom, Belgium, Switzerland, Ireland, Poland, Slovakia, and internationally. Liberty Global plc was founded in 2004 and is based in London, the United Kingdom.

How the Company Makes Money

Liberty Global generates revenue through several key streams, including subscription fees from broadband internet, cable television, and mobile services. The company has a significant customer base across Europe, which provides a stable source of recurring income. Additionally, it earns revenue from advertising services on its platforms and from partnerships with content providers for exclusive programming. Strategic collaborations with other telecoms and media companies further bolster its revenue, as they often lead to bundled service offerings that enhance customer acquisition and retention. Furthermore, Liberty Global engages in wholesale services, allowing other operators to utilize its network infrastructure, contributing to its earnings.

Liberty Global A Financial Statement Overview

Summary

Results are mixed. Revenue grew strongly (+24.9% TTM) and free cash flow is positive (~$1.45B, +21% growth), but profitability deteriorated sharply with a sizable net loss (net margin ~-50.6%) and negative ROE (~-15.6%). Leverage appears manageable (debt-to-equity ~0.72), yet earnings volatility and weak current profitability raise risk.

Income Statement

Revenue in TTM (Trailing-Twelve-Months) grew strongly (+24.9%), but profitability deteriorated sharply with deeply negative operating results and a sizable net loss (net margin about -50.6%). The prior year (2024) showed solid net profitability (net margin ~36.6%) and near-breakeven operating profit, highlighting high earnings volatility and weak underlying consistency.

Balance Sheet

Leverage is moderate for the sector with debt-to-equity around 0.72 in TTM (Trailing-Twelve-Months) (roughly in line with 2024 at ~0.80), and equity remains sizable. However, returns to shareholders turned negative in TTM (Trailing-Twelve-Months) (ROE ~-15.6%), reflecting the recent loss and raising questions about near-term balance-sheet efficiency despite manageable leverage.

Cash Flow

Cash generation is a relative strength: TTM (Trailing-Twelve-Months) operating cash flow (~$1.21B) and free cash flow (~$1.45B) are positive, with free cash flow growth up ~21.0%. That said, operating cash flow coverage of earnings is less supportive in TTM (Trailing-Twelve-Months) versus recent years, and the sharp earnings swing means cash flows need to stay resilient to offset income statement weakness.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.88B	4.34B	4.12B	4.02B	10.31B
Gross Profit	1.29B	2.89B	2.83B	2.95B	7.29B
EBITDA	1.07B	987.90M	951.90M	1.27B	3.65B
Net Income	-7.14B	1.59B	-4.05B	1.47B	13.43B
Balance Sheet
Total Assets	22.60B	25.44B	42.09B	42.90B	46.92B
Cash, Cash Equivalents and Short-Term Investments	2.16B	2.15B	3.64B	4.35B	3.18B
Total Debt	10.16B	9.85B	10.23B	15.55B	16.19B
Total Liabilities	12.65B	12.90B	23.08B	20.32B	21.32B
Stockholders Equity	9.74B	12.37B	19.06B	22.44B	25.93B
Cash Flow
Free Cash Flow	-123.00M	1.12B	1.24B	1.95B	2.14B
Operating Cash Flow	1.22B	2.03B	2.17B	2.84B	3.55B
Investing Cash Flow	-883.90M	684.70M	-1.84B	1.28B	-5.80B
Financing Cash Flow	-226.10M	-2.25B	-692.40M	-3.28B	-1.55B

Liberty Global A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LBTYA, the sentiment is Positive. The current price of 12.77 is above the 20-day moving average (MA) of 12.09, above the 50-day MA of 11.35, and above the 200-day MA of 10.92, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 62.60 is Neutral, neither overbought nor oversold. The STOCH value of 64.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LBTYA.

Liberty Global A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VEON	75 Outperform	$3.78B	-7.14	53.38%	―	6.42%	―
LBTYA	63 Neutral	$4.19B	-0.56	―	―	―	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
TDS	56 Neutral	$4.70B	-757.27	2.65%	0.39%	-22.79%	79.90%
LUMN	55 Neutral	$7.10B	-967.74	―	―	-4.56%	23.46%
LILAK	51 Neutral	$1.59B	-2.42	-79.15%	―	-0.83%	-25.72%
LILA	49 Neutral	$1.59B	-2.42	-79.15%	―	-0.83%	-25.72%

Liberty Global A Corporate Events

Liberty Global Expands Ownership and Updates Telenet Financing

On February 18, 2026, Liberty Global subsidiaries agreed to acquire Vodafone’s 50% stake and related shareholder loans in Dutch cable operator VodafoneZiggo, in a deal comprising €1.0 billion in cash and newly issued Class B shares equal to 10% of Liberty Global Holding’s fully diluted equity. The transaction, which will give Liberty Global 100% ownership of VodafoneZiggo while leaving Vodafone with a minority interest in the holding company, is subject to European regulatory approvals, labor consultations and pre-closing reorganizations, and will trigger a new shareholder governance framework and revised commercial arrangements at closing.

The share purchase pact includes typical locked-box, warranty, indemnity, non-compete and termination provisions, and preserves Liberty Global’s flexibility to execute transactions involving Wyre and Belgian unit Telenet, including a time-limited option for the Liberty Global shareholder to buy a stake in Wyre at fair market value. Separately, on February 20, 2026, Liberty Global and Telenet entities amended and restated Telenet’s long-standing credit agreement, updating sustainability adjustment mechanics and splitting its revolving loan into two tranches maturing in 2029 and 2032, adjustments that refine the group’s debt profile and sustainability-linked financing structure.

The most recent analyst rating on (LBTYA) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Liberty Global A stock, see the LBTYA Stock Forecast page.

Liberty Global to Acquire Vodafone’s Stake in VodafoneZiggo

On February 18, 2026, Liberty Global Ltd. announced a definitive agreement to acquire Vodafone Group’s 50% stake in their Dutch joint venture VodafoneZiggo for €1.0 billion in cash and a 10% equity interest in a new Benelux holding company, Ziggo Group. Ziggo Group will own Liberty Global’s interests in VodafoneZiggo in the Netherlands and Telenet in Belgium, while both operating companies retain their brands and capital structures under existing management teams.

The deal is designed to create a regional telecommunications powerhouse in the Benelux region with strong free‑cash‑flow potential, targeting combined adjusted free cash flow of about €500 million by 2028 and synergies valued at roughly €1 billion net of integration costs. Liberty Global plans to list Ziggo Group on Euronext Amsterdam in 2027 and ultimately spin off 90% of its stake to Liberty Global shareholders, with the acquisition expected to close in the second half of 2026 subject to regulatory and shareholder approvals.

The most recent analyst rating on (LBTYA) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Liberty Global A stock, see the LBTYA Stock Forecast page.

Liberty Global Posts Strong 2025 Results, Streamlines Portfolio

Liberty Global reported its fourth-quarter and full-year 2025 results on February 18, 2026, highlighting stronger commercial momentum in its European telecom operations, including improved broadband additions at VMO2, record broadband performance at VodafoneZiggo, and the best broadband net adds in three years at Telenet, while Virgin Media Ireland advanced its fiber rollout and wholesale activity. The company also accelerated its capital rotation and balance-sheet strengthening by disposing of about $400 million in non-core assets, closing 2025 with $2.2 billion of corporate cash and refinancing nearly $15 billion of debt, alongside restructuring its corporate model to significantly cut adjusted EBITDA losses and reposition Liberty Blume within its growth portfolio to support long-term value creation for shareholders.

The most recent analyst rating on (LBTYA) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Liberty Global A stock, see the LBTYA Stock Forecast page.

Liberty Global, Google Cloud launch five-year AI partnership

On February 3, 2026, Liberty Global and Google Cloud announced a five-year strategic AI partnership aimed at accelerating Liberty Global’s digital transformation and embedding AI at scale across its European telecom operations. The agreement will integrate Google’s Gemini models into Liberty Global’s Horizon TV platform and customer-care channels to enhance content discovery and service responsiveness, while also exploring bundled offerings of Google hardware and services for customers of brands such as Virgin Media O2, Telenet, VodafoneZiggo, Virgin Media Ireland and Sunrise. The collaboration is designed to optimize Liberty Global’s network and cloud infrastructure through AI-first programs that boost scalability, security, data sovereignty and cost efficiencies, including development of more autonomous network operations and potential use of Liberty Global data centers and the Atlas Edge joint venture to support Google Cloud capacity. Both companies also plan to pursue new revenue streams in the SME market via joint go-to-market initiatives in cloud, cybersecurity and AI services, as well as carefully managed data monetization and brand activations around assets like Formula E and Liberty Blume, underscoring Liberty Global’s push to modernize its operations and expand growth opportunities across its portfolio.

The most recent analyst rating on (LBTYA) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Liberty Global A stock, see the LBTYA Stock Forecast page.

Liberty Global to Divest UPC Slovakia to O2 Slovakia

On December 17, 2025, Liberty Global agreed to sell its UPC Slovakia unit to O2 Slovakia, an affiliate of e&PPF Telecom, for a total transaction value of about €95 million ($110 million), valuing the business at roughly 7 times its estimated 2025 Adjusted EBITDA and about 15 times its estimated 2025 Adjusted EBITDA less P&E additions. UPC Slovakia is one of the largest providers of TV, broadband and telephony services in the Slovak Republic, serving more than 600,000 households in 80 cities with internet speeds of up to 2.5 Gbps, and the divestment, which is still subject to regulatory approval and customary closing conditions, marks a strategic reshaping of Liberty Global’s Central European footprint as it focuses its converged connectivity and investment platforms on markets and assets where it sees the greatest scope for long-term value creation.

The most recent analyst rating on (LBTYA) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Liberty Global A stock, see the LBTYA Stock Forecast page.