Liberty Global B (LBTYB)
NASDAQ:LBTYB
Want to see LBTYB full AI Analyst Report?
Top Page
Liberty Global B
(NASDAQ:LBTYB)
Select Model
Select Model
Rating:61Neutral
Price Target:
$15.50
▲(41.94% Upside)
Action:Reiterated
Date:05/04/26
The score is held back primarily by weak and volatile profitability (very large TTM net loss and deeply negative net margin) despite positive operating cash flow/FCF. Offsetting factors include strong technical momentum (price above key moving averages with positive MACD), a low P/E valuation, and an earnings call that reaffirmed guidance and highlighted cost reductions and liquidity, though near-term operating declines and execution risks remain.
Positive Factors
Cash generation
Sustained positive operating cash flow and a positive trailing‑twelve‑month free cash flow provide a durable internal funding source. This supports ongoing network investment, debt servicing and targeted asset rotations, giving management flexibility versus peers reliant on external financing.
Negative Factors
Weak profitability
Deeply negative net margins and a large net loss indicate poor earnings quality and weak returns on capital. Over time this erodes retained earnings, limits self‑funding capacity and increases sensitivity to refinancing costs or adverse market conditions when funding strategic initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained positive operating cash flow and a positive trailing‑twelve‑month free cash flow provide a durable internal funding source. This supports ongoing network investment, debt servicing and targeted asset rotations, giving management flexibility versus peers reliant on external financing.
Read all positive factors
Liberty Global B (LBTYB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.09B
Dividend YieldN/A
Average Volume (3M)181.00
Price to Earnings (P/E)3.1
Beta (1Y)0.14
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees6,820
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-19.20
Shares Outstanding12,968,658
10 Day Avg. Volume151
30 Day Avg. Volume181
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 Cap2.79
Enterprise Value/Revenue1.85
Enterprise Value/Gross Profit2.81
Enterprise Value/Ebitda-2.41
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-1.6
Revenue Forecast (FY)$5.03B
Liberty Global B 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 (1) selling subscription-based connectivity and entertainment services and (2) earning income from investments and joint ventures.
1) Subscription and service revenue (core operating model)
- Broadband inte...
Liberty Global B Earnings Call Summary
Earnings Call Date:May 01, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 23, 2026
Earnings Call Sentiment Positive
The call conveyed a constructive operational and strategic tone: management reported sustained broadband momentum across markets, confirmed full-year 2026 guidance, delivered meaningful corporate cost reductions and a strong liquidity position, and outlined a clear value-unlock plan (Vodafone stake close, Ziggo Group spin plans, target EUR 500M FCF by 2028). At the same time, several OpCos reported near-term revenue and EBITDA declines, elevated CapEx is pressuring Q1 free cash flow, and key regulatory and asset-sale assumptions underpinning the Ziggo deleveraging plan remain execution risks. Overall, the positive operational trends and the firm strategic roadmap and liquidity position outweigh the near-term financial softness and execution risks.Positive Updates
Broadband improvement across core markets
Fourth consecutive quarter of broadband improvement across the company's three core markets; VodafoneZiggo reported its best quarterly broadband result in 3 years; Virgin Media O2 broadband losses improved to ~6,000 in Q1 vs ~43,000 a year ago; Telenet delivered its highest quarterly broadband result in 10 years.
Negative Updates
Revenue and EBITDA declines at VodafoneZiggo
VodafoneZiggo reported Q1 revenue decline of ~1.8% and adjusted EBITDA down ~6.4%, driven by a lower customer base, repricing impact, higher marketing costs and incremental investments in network resilience and service reliability.
Read all updates
Q1-2026 Updates
Positive
Negative
Broadband improvement across core markets
Fourth consecutive quarter of broadband improvement across the company's three core markets; VodafoneZiggo reported its best quarterly broadband result in 3 years; Virgin Media O2 broadband losses improved to ~6,000 in Q1 vs ~43,000 a year ago; Telenet delivered its highest quarterly broadband result in 10 years.
Read all positive updates
Company Guidance
Liberty Global reconfirmed full‑year 2026 guidance for VMO2, VodafoneZiggo and Telenet and reiterated its corporate cost targets (net corporate costs cut ~75% since 2024 to about $50m and corporate adjusted EBITDA guidance of roughly -$50m for 2026 after a -$2m Q1 result); consolidated cash was $1.9bn at quarter end and management expects to finish 2026 with about $1.5bn of corporate cash after funding the ~€1.2bn Vodafone Dutch‑JV stake and executing roughly $700m of growth‑portfolio asset sales (≈$300m realized through April), while the Liberty Growth portfolio fair value remains ~$3.4bn. On operating metrics they provided context around the reconfirmation: VMO2 guided to a ~3% total service revenue decline on a guidance basis (Q1 fixed ARPU £46.50, mobile ARPU ~£17; postpaid losses improving), VodafoneZiggo Q1 revenue -1.8% and adj. EBITDA -6.4% (fixed ARPU ≈€57, mobile ARPU ≈€18) with broadband improving for four straight quarters, Telenet Q1 revenue broadly stable and adj. EBITDA +8.9% with Q1 free cash flow €10m and a full‑year FCF target of at least €20m, Wyre revenue -1% and adj. EBITDA -4.6%, and Virgin Media Ireland revenues -1.4% and adj. EBITDA -7.1%; they also reiterated CapEx is stepping down at Telenet (remains elevated at other OpCos), and restated longer‑term Ziggo Group targets of ~€120m FCF in 2026 ramping to ~€500m FCF and ~4.5x leverage by 2028, supported by ~€1.0bn synergies and €1.2–1.4bn of local asset sales.Liberty Global B Financial Statement Overview
Summary
Income Statement
33
Negative
Balance Sheet
50
Neutral
Cash Flow
56
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.15B | 4.88B | 4.34B | 4.12B | 4.02B | 10.31B |
| Gross Profit | 4.06B | 3.21B | 2.89B | 2.83B | 2.95B | 7.29B |
| EBITDA | -4.72B | -5.64B | 3.42B | -1.72B | 2.57B | 17.24B |
| Net Income | -6.80B | -7.14B | 1.59B | -4.05B | 1.47B | 13.43B |
Balance Sheet | ||||||
| Total Assets | 21.88B | 22.60B | 25.44B | 42.09B | 42.90B | 46.92B |
| Cash, Cash Equivalents and Short-Term Investments | 1.87B | 2.16B | 2.15B | 3.40B | 4.35B | 3.18B |
| Total Debt | 9.25B | 10.16B | 9.85B | 10.23B | 15.55B | 16.19B |
| Total Liabilities | 12.14B | 12.65B | 12.90B | 23.08B | 20.32B | 21.32B |
| Stockholders Equity | 9.50B | 9.74B | 12.37B | 19.06B | 22.44B | 25.93B |
Cash Flow | ||||||
| Free Cash Flow | 492.50M | -123.00M | 1.12B | 1.24B | 1.95B | 2.14B |
| Operating Cash Flow | 1.33B | 1.22B | 2.03B | 2.17B | 2.84B | 3.55B |
| Investing Cash Flow | -1.11B | -883.90M | 684.70M | -1.84B | 1.28B | -5.80B |
| Financing Cash Flow | -340.10M | -226.10M | -2.25B | -692.40M | -3.28B | -1.55B |
Liberty Global B Technical Analysis
Neutral
10.92
Price Trends
14.56
Positive
13.41
Positive
12.41
Positive
Market Momentum
-0.01
Positive
44.05
Neutral
43.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LBTYB, the sentiment is Neutral. The current price of 10.92 is below the 20-day moving average (MA) of 15.57, below the 50-day MA of 14.56, and below the 200-day MA of 12.41, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 44.05 is Neutral, neither overbought nor oversold. The STOCH value of 43.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LBTYB.
Liberty Global B Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $10.69B | -122.41 | -3.21% | ― | 11.47% | 75.70% | |
61 Neutral | $4.09B | 3.14 | -48.58% | ― | ― | ― | |
61 Neutral | $4.18B | 8.30 | 2.69% | 0.39% | -56.04% | ― | |
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% | |
58 Neutral | $4.09B | 3.14 | -48.58% | ― | ― | ― | |
55 Neutral | $4.09B | 3.14 | -48.58% | ― | ― | ― |
* Communication Services Sector Average
LBTYB
Liberty Global B
14.59
4.91
50.72%
LUMN
Lumen Technologies
9.41
5.69
152.96%
GSAT
Globalstar
83.00
64.74
354.55%
LBTYA
Liberty Global A
12.18
2.59
27.01%
LBTYK
Liberty Global C
11.79
1.99
20.31%
TDS
Telephone & Data Systems
39.30
5.87
17.56%
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.