How Low Can Charter Communications Stock Go?

For questions about this article or underlying research, email help@trefis.com.

Charter Communications (CHTR) stock has lost 55.7% over the past twelve months, while the S&P 500 returned 15.1%. After a fall of that size, you may hope the worst is behind it. The broader market rose over that year, however, meaning Charter fell without a market-wide selloff. A broader market decline could still come on top of those losses. So how far has Charter fallen when the whole market turned?

How Far Has Charter Stock Fallen In Market Shocks?

Charter stock fell 53% during the 2022 inflation shock, the worst of these periods, while the S&P 500 fell 24%. That was not its low: the stock has since dropped further below its close on the first day of that shock. Charter has weathered 13 market shocks since it began trading in January 2010. Across those periods, its average fall was 16.6%, compared with 13.5% for the S&P 500.

Charter has not always lagged. The stock fell 11% during the 2025 tariff shock while the S&P 500 fell 19%. In the 2020 COVID-19 crash, Charter fell 31%, a little less than the 34% fall in the S&P 500.

Charter fell in 11 of those shocks and returned to its high for that period in nine of them, with a median wait from the low of 1.2 months. Losses from the 2022 fall and the late-2023 bond yield shock have not been made up. Charter stock’s latest close is 82.7% below its close of January 3, 2022.

Charter Is Selling Less Than A Year Ago

Over the twelve months to June 2026, Charter’s revenue fell 1.5% from a year earlier to $54.4 billion. Five years before, revenue grew 7.2% in the twelve months to June 2021.

Charter’s Video revenue fell 9.4% in fiscal 2025, while Internet revenue, its largest business, grew 1.7%. Profit on those sales has held up: the operating margin was 23.8% over the latest twelve months, compared with 24.5% a year earlier.

Charter also owes far more than its shares are worth. Its debt stood at $96.7 billion at the end of June 2026, before the Cox deal closed. That compares with a market value of $13.4 billion at the October 22 close, based on the share count from before the deal.

What Is Getting Worse At Charter Now?

Charter completed its deal with Cox Communications on August 19, 2026. Second-quarter transition expenses to join the two companies totaled $65 million, and management said on the July 24 call that those costs were coming in a bit higher than expected.

Excluding transition costs, management also expects standalone Charter EBITDA, a measure of cash profit from operations, to decline around 1% in 2026. When an analyst asked on that call why Charter had lowered its EBITDA goal for the year, management pointed to broadband subscribers and revenue per customer, after some customer offers did not work out as well as hoped.

The loss of Internet customers is the risk still in motion. Charter lost 172,000 Internet customers in the second quarter, and management said the weakness in Internet customer growth is taking longer to reverse, with fixed wireless and fiber competitors expanding. Charter’s Internet customer count is the number to watch when the company reports in November 2026, its first report since the Cox deal closed.

Is Too Much Of Your Wealth Riding On One Stock?

Charter Communications holders have just seen how hard one stock can fall. When one position grows into a large part of your wealth, a sharp fall can hurt your whole plan, and selling to spread the money out can bring a large tax bill. Our partner advisory firm offers a free strategy review of ways to protect a concentrated position and unwind it with less tax.

Request A Free Strategy Review

Spot an error or want more like this? Tell us in 10 seconds.