Liberty Global plc - Class A (LBTYA)
NASDAQ:LBTYA
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Liberty Global A
(NASDAQ:LBTYA)
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Rating:55Neutral
Price Target:
$12.50
▲(2.12% Upside)
Action:ReiteratedDate:04/02/26
The score is anchored by mixed financial performance—strong cash generation and workable leverage offset by severe TTM profitability deterioration and negative ROE. Technical indicators are largely neutral. Valuation signals are weak due to a negative P/E and no dividend support, while the earnings call adds modest upside on strategic actions but is constrained by guidance for near-term declines.
Positive Factors
Scale & diversified telecom footprint
Large, diversified scale across four national fixed-mobile converged operators creates durable competitive advantages: cross-sell, bargaining power with suppliers, and cost synergies. Aggregate scale supports resilience to local shocks and underpins long-term network and product investment capacity.
Negative Factors
Severe profitability deterioration
A very large swing to operating losses and a deeply negative net margin indicate earnings instability. Persistent negative profitability undermines return on equity, reduces retained earnings, and forces reliance on cash or asset sales to fund operations and investments over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Scale & diversified telecom footprint
Large, diversified scale across four national fixed-mobile converged operators creates durable competitive advantages: cross-sell, bargaining power with suppliers, and cost synergies. Aggregate scale supports resilience to local shocks and underpins long-term network and product investment capacity.
Read all positive factors
Liberty Global A (LBTYA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.07B
Dividend YieldN/A
Average Volume (3M)1.78M
Price to Earnings (P/E)―
Beta (1Y)0.42
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees6,820
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-8.54
Shares Outstanding174,608,260
10 Day Avg. Volume1,832,386
30 Day Avg. Volume1,776,374
Financial Highlights & Ratios
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 Cap2.97
Enterprise Value/Revenue2.47
Enterprise Value/Gross Profit9.35
Enterprise Value/Ebitda11.26
Forecast
1Y Price Target
$12.65Price Target Upside3.35% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)-1.69
Revenue Forecast (FY)$4.97B
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 W...
How the Company Makes Money
Liberty Global makes money primarily by selling subscription-based connectivity and entertainment services through its operating companies and affiliates. Key revenue streams typically include: (1) Broadband internet access: recurring monthly fees...
Liberty Global A Earnings Call Summary
Earnings Call Date:Feb 18, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 01, 2026
Earnings Call Sentiment Positive
The call presented a constructive strategic update with multiple high-impact transactions (VodafoneZiggo acquisition, Nexfibre/Netomnia deal), meaningful corporate cost reduction (net corporate spend down ~75%), strong refinancing activity (~$15B) and continued focus on unlocking value from the growth portfolio. These material positives are tempered by near-term revenue and EBITDA declines across key operating companies (VMO2, VodafoneZiggo, Telenet), planned incremental investments into network resilience (EUR 100M in 2026), and some refinancing timing uncertainty. Management emphasizes that the transactions materially improve the medium-term equity and free cash flow story (targeting ~ $500M FCF at Ziggo by 2028) and that all OpCos met 2025 guidance, supporting a predominantly positive strategic outlook despite near-term operational headwinds.Positive Updates
Telecom Scale and Financial Footprint
Liberty Telecom (4 national FMC operators) generates ~$22.0B of revenue and ~$8.0B of EBITDA on an aggregate basis; the company reports consolidated cash of $2.2B at year-end and expects to end 2026 with ~ $1.5B of corporate cash pro forma for announced transactions.
Negative Updates
VMO2 Revenue and EBITDA Pressure
Q4 reported VMO2 revenue declined 5.9%; adjusted EBITDA declined 2.4% on a reported basis in Q4 (decline of 1% in Q4 excluding Nexfibre construction profitability). Management cites lower Nexfibre construction revenues (fiber build slowdown) and sustained competitive pressure in fixed and mobile as drivers.
Read all updates
Q4-2025 Updates
Positive
Negative
Telecom Scale and Financial Footprint
Liberty Telecom (4 national FMC operators) generates ~$22.0B of revenue and ~$8.0B of EBITDA on an aggregate basis; the company reports consolidated cash of $2.2B at year-end and expects to end 2026 with ~ $1.5B of corporate cash pro forma for announced transactions.
Read all positive updates
Company Guidance
Management gave 2026 guidance by operating company: VMO2 expects total service revenue and adjusted EBITDA to decline 3–5% year‑over‑year, property & equipment additions of GBP 2.0–2.2bn (ex‑right‑of‑use), adjusted free cash flow of ~GBP 200m and cash distributions of ~GBP 200m (guidance excludes the Nexfibre/Substantial Group transaction); VodafoneZiggo expects stable to low‑single‑digit revenue decline, mid‑ to high‑single‑digit adjusted EBITDA decline, P&E additions ~23–25% of revenue, EUR 100m of incremental OpEx+CapEx in 2026 (reducing to ~EUR 50m OpEx impact in 2027–28), adjusted free cash flow ~EUR 100m and no shareholder distributions; Telenet (IFRS, excl. Wyre) expects stable revenue, low‑single‑digit adjusted EBITDAaL growth, P&E additions ~20% of revenue and positive adjusted free cash flow of ~EUR 20m; Liberty Corporate expects ~$(50)m adjusted EBITDA. Additional metrics disclosed: consolidated cash at year‑end 2025 was $2.2bn, the Liberty Growth portfolio fair market value is $3.4bn, the company targets ~ $1.5bn corporate cash by end‑2026 pro forma for announced transactions, net corporate spend has been cut ~75% in 12 months, and the 2025 buyback repurchased 5% of shares (spend ~$34m) after reducing the buyback target from 10% to 5%.Liberty Global A Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
56
Neutral
Cash Flow
62
Positive
| 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
Positive
12.24
Price Trends
11.92
Positive
11.44
Positive
11.18
Positive
Market Momentum
0.02
Positive
53.14
Neutral
65.92
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 12.24 is above the 20-day moving average (MA) of 12.17, above the 50-day MA of 11.92, and above the 200-day MA of 11.18, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 53.14 is Neutral, neither overbought nor oversold. The STOCH value of 65.92 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
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $3.28B | 6.97 | 40.63% | ― | 6.42% | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | $4.77B | -757.27 | -0.13% | 0.39% | -22.79% | 79.90% | |
55 Neutral | $4.07B | -0.56 | ― | ― | ― | ― | |
55 Neutral | $7.16B | -967.74 | 267.95% | ― | -4.56% | 23.46% | |
52 Neutral | $1.70B | -2.42 | -86.86% | ― | -0.83% | -25.72% | |
49 Neutral | $1.70B | -2.42 | -86.86% | ― | -0.83% | -25.72% |
* Communication Services Sector Average
LBTYA
Liberty Global A
12.24
2.06
20.24%
LUMN
Lumen Technologies
6.99
3.56
103.79%
LILA
Liberty Global LiLAC
8.35
2.91
53.49%
TDS
Telephone & Data Systems
44.89
9.78
27.85%
LILAK
Liberty LiLAC Group
8.52
3.17
59.25%
VEON
VEON
47.72
9.72
25.58%
Liberty Global A Corporate Events
Business Operations and StrategyExecutive/Board Changes
Liberty Global Sets 2026 Executive Incentive and Equity Plans
Positive
Apr 1, 2026
On March 26, 2026, Liberty Global’s board compensation committee approved performance goals for its 2026 annual performance awards for executive officers, tying payouts to budgeted revenue, adjusted EBITDA metrics and strategic objectives, w...
Financial Disclosures
Liberty Global Schedules First Quarter 2026 Results Call
Neutral
Mar 24, 2026
Liberty Global Ltd., a major international provider of converged broadband, video and mobile communications and an active investor across technology, media, sports and infrastructure, reported aggregate telecom revenues of $21.6 billion and a $3.4...
Financial DisclosuresRegulatory Filings and Compliance
Liberty Global Highlights VodafoneZiggo 2025 Results Disclosure Update
Neutral
Mar 24, 2026
On March 23, 2026, Liberty Global reported that VodafoneZiggo’s financial results for the year ended December 31, 2025 had been made available to investors via Liberty Global’s website, underscoring the importance of the Dutch joint ve...
Business Operations and Strategy
Liberty Global to Present at Global Connectivity Conference
Positive
Mar 11, 2026
Liberty Global, a leading international converged connectivity and investment company with major operations in European broadband, video and mobile communications, announced it will participate in the NewStreet Research and BCG Global Connectivity...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Liberty Global Expands Ownership and Updates Telenet Financing
Positive
Feb 24, 2026
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 equ...
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Liberty Global to Acquire Vodafone’s Stake in VodafoneZiggo
Positive
Feb 18, 2026
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 com...
Business Operations and StrategyFinancial Disclosures
Liberty Global Posts Strong 2025 Results, Streamlines Portfolio
Positive
Feb 18, 2026
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 ...
Business Operations and StrategyProduct-Related Announcements
Liberty Global, Google Cloud launch five-year AI partnership
Positive
Feb 3, 2026
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...
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.