{ "run": { "id": "cmnr12smp02q8p658wcdotipp", "region": "US", "assetId": "cmnr12slo02q4p658casdn7zw", "ticker": "CHTR", "snapshotId": "cmnr12sm102q6p658fgi06969", "promptTemplateId": "cmnqt07si0005lm3jzpxuu1ux", "createdAt": "2026-04-09T05:20:00.621Z", "promptTemplate": { "id": "cmnqt07si0005lm3jzpxuu1ux", "name": "Oficial 08.apr.2026", "version": 1 }, "snapshot": { "id": "cmnr12sm102q6p658fgi06969", "assetId": "cmnr12slo02q4p658casdn7zw", "asOf": "2026-04-08T20:00:00.000Z", "snapshot": { "asOf": "2026-04-08T20:00:00.000Z", "quote": { "asOf": "2026-04-08T20:00:00.000Z", "open": null, "price": 221.63, "dayLow": 219.65, "volume": 1366972, "dayHigh": 226.79, "currency": "USD", "prevClose": 223.8, "week52Low": 180.38, "week52High": 437.06 }, "fundamentals": { "pe": 5.65718157181572, "beta": 0.833610234428893, "epsTTM": 36.9, "fcfTTM": 3835000000, "growth": { "epsYoy": 0.03855896425555861, "revenueYoy": -0.005645820096214941 }, "sector": "Cable & Other Pay Television Services", "margins": { "net": 0.09104684704421806, "gross": null, "operating": 0.2356592543907693 }, "website": null, "industry": null, "pegRatio": 1.46715081201907, "ebitdaTTM": 14591000000, "forwardPe": 4.86143455985095, "marketCap": 37100000000, "totalCash": 477000000, "totalDebt": 95674000000, "debtEquity": 5.95951164818737, "quickRatio": 0.3124154516759357, "revenueTTM": 54774000000, "companyName": "CHARTER COMMUNICATIONS, INC. /MO/", "priceToBook": 0.200229021650805, "currentRatio": 0.3865925146550429, "dividendYield": null, "returnOnAssets": 0.03233838911116443, "returnOnEquity": 0.310639093060919, "analystOpinions": null, "businessSummary": null, "enterpriseValue": 123410670753.75, "analystTargetLow": null, "analystTargetHigh": null, "analystTargetMean": null, "fullTimeEmployees": null, "sharesOutstanding": 270927828, "enterpriseToEbitda": 8.457999503375369, "analystTargetMedian": null, "enterpriseToRevenue": 2.253088522907766, "operatingCashflowTTM": 16077000000, "analystRecommendationKey": null } }, "createdAt": "2026-04-09T05:20:00.601Z" }, "results": [ { "id": "cmnr12smr02qap65897bzqexf", "runId": "cmnr12smp02q8p658wcdotipp", "modelId": "anthropic", "status": "SUCCESS", "rawOutput": "{\"model\":\"ai-equity-research-v1\",\"as_of\":\"2026-04-08T20:00:00.000Z\",\"ticker\":\"CHTR\",\"currency\":\"USD\",\"current_price\":221.63,\"target_price_6m\":245,\"target_price_12m\":260,\"recommendation\":\"BUY\",\"confidence\":0.55,\"thesis_bullets\":[\"Deeply discounted at 5.7x PE with $3.8B annual FCF generation\",\"Revenue stagnation and cord-cutting create near-term headwinds\",\"Extreme leverage ($95.7B debt) amplifies equity upside and downside\",\"EV/EBITDA of 8.5x is below historical cable trading range of 9-11x\",\"Broadband subscriber stabilization is key catalyst for re-rating\"],\"key_drivers\":[{\"driver\":\"Broadband subscriber net adds vs fixed wireless/fiber competition\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"EBITDA margin stability around $14.5B annual run-rate\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Debt refinancing risk given $95.7B total debt load\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"Spectrum mobile wireless growth as revenue diversifier\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"RDOF and rural expansion driving incremental passings\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Video cord-cutting accelerating revenue erosion in legacy segment\",\"impact\":\"MED\",\"direction\":\"NEG\"},{\"driver\":\"Share buyback program supporting per-share metrics\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Capex normalization post-network upgrade cycle\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Regulatory risk around broadband pricing and net neutrality\",\"impact\":\"LOW\",\"direction\":\"NEG\"}],\"risks\":[\"Fixed wireless access from T-Mobile/Verizon eroding broadband share materially\",\"Fiber overbuilders (AT&T, Frontier) intensifying competitive overlap\",\"Debt service burden limiting financial flexibility if EBITDA declines\",\"Rising interest rates increasing refinancing costs on $95.7B debt\",\"ACP program expiration contributing to subscriber churn among low-income households\"],\"assumptions\":{\"revenue_cagr_3y\":0.015,\"ebit_margin_target\":0.24,\"wacc\":0.095,\"terminal_multiple\":8.0},\"scenarios\":{\"bear\":{\"target_price\":165,\"prob\":0.25,\"notes\":\"EBITDA declines 5-8% on accelerated broadband losses; leverage becomes critical concern.\"},\"base\":{\"target_price\":260,\"prob\":0.50,\"notes\":\"EBITDA stable, broadband subs flat, modest multiple re-rating toward 9x EV/EBITDA.\"},\"bull\":{\"target_price\":340,\"prob\":0.25,\"notes\":\"Broadband sub growth resumes, wireless gains traction, deleveraging accelerates re-rating.\"}},\"method_notes\":\"Levered EV/EBITDA framework: applied 8-9x target on ~$14.6B EBITDA, deducted ~$95B net debt to derive equity value. PE cross-check at 7x forward EPS ~$45 supports ~$315 in bull case. Extreme leverage means small EBITDA swings dominate equity value; confidence held at 0.55 reflecting this binary risk. Snapshot market cap ($37.1B) appears stale vs implied $60B from price × shares; used snapshot price per rules. Not investment advice.\"}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "ai-equity-research-v1", "risks": [ "Fixed wireless access from T-Mobile/Verizon eroding broadband share materially", "Fiber overbuilders (AT&T, Frontier) intensifying competitive overlap", "Debt service burden limiting financial flexibility if EBITDA declines", "Rising interest rates increasing refinancing costs on $95.7B debt", "ACP program expiration contributing to subscriber churn among low-income households" ], "ticker": "CHTR", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "EBITDA stable, broadband subs flat, modest multiple re-rating toward 9x EV/EBITDA.", "target_price": 260 }, "bear": { "prob": 0.25, "notes": "EBITDA declines 5-8% on accelerated broadband losses; leverage becomes critical concern.", "target_price": 165 }, "bull": { "prob": 0.25, "notes": "Broadband sub growth resumes, wireless gains traction, deleveraging accelerates re-rating.", "target_price": 340 } }, "confidence": 0.55, "assumptions": { "wacc": 0.095, "revenue_cagr_3y": 0.015, "terminal_multiple": 8, "ebit_margin_target": 0.24 }, "key_drivers": [ { "driver": "Broadband subscriber net adds vs fixed wireless/fiber competition", "impact": "HIGH", "direction": "NEG" }, { "driver": "EBITDA margin stability around $14.5B annual run-rate", "impact": "HIGH", "direction": "POS" }, { "driver": "Debt refinancing risk given $95.7B total debt load", "impact": "HIGH", "direction": "NEG" }, { "driver": "Spectrum mobile wireless growth as revenue diversifier", "impact": "MED", "direction": "POS" }, { "driver": "RDOF and rural expansion driving incremental passings", "impact": "MED", "direction": "POS" }, { "driver": "Video cord-cutting accelerating revenue erosion in legacy segment", "impact": "MED", "direction": "NEG" }, { "driver": "Share buyback program supporting per-share metrics", "impact": "MED", "direction": "POS" }, { "driver": "Capex normalization post-network upgrade cycle", "impact": "MED", "direction": "POS" }, { "driver": "Regulatory risk around broadband pricing and net neutrality", "impact": "LOW", "direction": "NEG" } ], "method_notes": "Levered EV/EBITDA framework: applied 8-9x target on ~$14.6B EBITDA, deducted ~$95B net debt to derive equity value. PE cross-check at 7x forward EPS ~$45 supports ~$315 in bull case. Extreme leverage means small EBITDA swings dominate equity value; confidence held at 0.55 reflecting this binary risk. Snapshot market cap ($37.1B) appears stale vs implied $60B from price × shares; used snapshot price per rules. Not investment advice.", "current_price": 221.63, "recommendation": "BUY", "thesis_bullets": [ "Deeply discounted at 5.7x PE with $3.8B annual FCF generation", "Revenue stagnation and cord-cutting create near-term headwinds", "Extreme leverage ($95.7B debt) amplifies equity upside and downside", "EV/EBITDA of 8.5x is below historical cable trading range of 9-11x", "Broadband subscriber stabilization is key catalyst for re-rating" ], "target_price_6m": 245, "target_price_12m": 260 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "anthropic", "webSearch": { "enabled": false, "maxToolCalls": 2, "disabledReason": null }, "pauseTurns": 0, "stopReason": "end_turn" }, "sanityIssues": [] }, "latencyMs": 51738, "createdAt": "2026-04-09T05:20:00.621Z", "usage": { "inputTokens": 3502, "outputTokens": 2438, "costUsd": 0.07846 } }, { "id": "cmnr12smr02qdp65894fca1xc", "runId": "cmnr12smp02q8p658wcdotipp", "modelId": "deepseek.reasoner", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"Equity Research DCF/Multiples Model\",\n \"as_of\": \"2026-04-08T20:00:00.000Z\",\n \"ticker\": \"CHTR\",\n \"currency\": \"USD\",\n \"current_price\": 221.63,\n \"target_price_6m\": 235,\n \"target_price_12m\": 250,\n \"recommendation\": \"BUY\",\n \"confidence\": 0.65,\n \"thesis_bullets\": [\n \"Undervalued with low P/E and forward P/E multiples.\",\n \"Strong operating margins and ROE indicate efficiency.\",\n \"High debt burden poses significant financial risk.\",\n \"Revenue decline suggests growth challenges ahead.\",\n \"Potential for margin expansion or cost savings.\"\n ],\n \"key_drivers\": [\n { \"driver\": \"Debt reduction efforts\", \"impact\": \"HIGH\", \"direction\": \"POS\" },\n { \"driver\": \"Broadband subscriber growth\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Competition from streaming services\", \"impact\": \"HIGH\", \"direction\": \"NEG\" },\n { \"driver\": \"Regulatory changes\", \"impact\": \"MED\", \"direction\": \"NEG\" },\n { \"driver\": \"Operational efficiency improvements\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Capital expenditure requirements\", \"impact\": \"LOW\", \"direction\": \"NEG\" },\n { \"driver\": \"Market sentiment towards cable stocks\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Interest rate environment\", \"impact\": \"HIGH\", \"direction\": \"NEG\" }\n ],\n \"risks\": [\n \"High leverage increasing default risk.\",\n \"Declining traditional TV revenue.\",\n \"Intense competition in broadband market.\",\n \"Regulatory scrutiny and potential fines.\",\n \"Economic downturn affecting subscription rates.\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.01,\n \"ebit_margin_target\": 0.24,\n \"wacc\": 0.07,\n \"terminal_multiple\": 8.0\n },\n \"scenarios\": {\n \"bear\": { \"target_price\": 200, \"prob\": 0.3, \"notes\": \"Debt concerns and revenue decline persist.\" },\n \"base\": { \"target_price\": 250, \"prob\": 0.5, \"notes\": \"Moderate growth and stable margins achieved.\" },\n \"bull\": { \"target_price\": 300, \"prob\": 0.2, \"notes\": \"Successful debt reduction and subscriber growth.\" }\n },\n \"method_notes\": \"Valuation based on EV/EBITDA multiples and growth assumptions. BUY due to undervaluation and 12.8% upside. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "Equity Research DCF/Multiples Model", "risks": [ "High leverage increasing default risk.", "Declining traditional TV revenue.", "Intense competition in broadband market.", "Regulatory scrutiny and potential fines.", "Economic downturn affecting subscription rates." ], "ticker": "CHTR", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Moderate growth and stable margins achieved.", "target_price": 250 }, "bear": { "prob": 0.3, "notes": "Debt concerns and revenue decline persist.", "target_price": 200 }, "bull": { "prob": 0.2, "notes": "Successful debt reduction and subscriber growth.", "target_price": 300 } }, "confidence": 0.65, "assumptions": { "wacc": 0.07, "revenue_cagr_3y": 0.01, "terminal_multiple": 8, "ebit_margin_target": 0.24 }, "key_drivers": [ { "driver": "Debt reduction efforts", "impact": "HIGH", "direction": "POS" }, { "driver": "Broadband subscriber growth", "impact": "MED", "direction": "POS" }, { "driver": "Competition from streaming services", "impact": "HIGH", "direction": "NEG" }, { "driver": "Regulatory changes", "impact": "MED", "direction": "NEG" }, { "driver": "Operational efficiency improvements", "impact": "MED", "direction": "POS" }, { "driver": "Capital expenditure requirements", "impact": "LOW", "direction": "NEG" }, { "driver": "Market sentiment towards cable stocks", "impact": "MED", "direction": "POS" }, { "driver": "Interest rate environment", "impact": "HIGH", "direction": "NEG" } ], "method_notes": "Valuation based on EV/EBITDA multiples and growth assumptions. BUY due to undervaluation and 12.8% upside. Not investment advice.", "current_price": 221.63, "recommendation": "BUY", "thesis_bullets": [ "Undervalued with low P/E and forward P/E multiples.", "Strong operating margins and ROE indicate efficiency.", "High debt burden poses significant financial risk.", "Revenue decline suggests growth challenges ahead.", "Potential for margin expansion or cost savings." ], "target_price_6m": 235, "target_price_12m": 250 }, "errorsJson": { "attempts": [], "providerMeta": { "endpoint": "https://api.deepseek.com/v1/chat/completions", "provider": "deepseek", "webSearch": { "enabled": false, "supported": false }, "responseFormat": "json_object" }, "sanityIssues": [] }, "latencyMs": 337, "createdAt": "2026-04-09T05:20:00.621Z", "usage": { "inputTokens": 2023, "outputTokens": 3176, "costUsd": 0.0019 } }, { "id": "cmnr12smr02qbp6586qnj99yc", "runId": "cmnr12smp02q8p658wcdotipp", "modelId": "gemini.3-pro", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"AI Equity Analyst v1.0\",\n \"as_of\": \"2026-04-08T20:00:00.000Z\",\n \"ticker\": \"CHTR\",\n \"currency\": \"USD\",\n \"current_price\": 221.63,\n \"target_price_6m\": 235.00,\n \"target_price_12m\": 250.00,\n \"recommendation\": \"BUY\",\n \"confidence\": 0.65,\n \"thesis_bullets\": [\n \"Valuation is highly compressed at 5.7x P/E, pricing in severe broadband subscriber erosion.\",\n \"Spectrum Mobile growth provides a strong offset to legacy video and broadband revenue declines.\",\n \"Massive $95B debt load restricts capital return flexibility in a higher interest rate environment.\",\n \"Rural footprint expansion offers long-term subscriber growth potential despite near-term capex drag.\",\n \"Expiration of the Affordable Connectivity Program creates near-term churn risk for lower-income cohorts.\"\n ],\n \"key_drivers\": [\n {\n \"driver\": \"Broadband subscriber net adds\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Mobile line additions\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"FWA and Fiber competition\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Capital expenditures for rural build\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Average Revenue Per User (ARPU)\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Interest expense and debt refinancing\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n }\n ],\n \"risks\": [\n \"Accelerated broadband subscriber losses to Fixed Wireless Access (FWA) and fiber competitors.\",\n \"Higher-for-longer interest rates increasing the cost of servicing $95B in debt.\",\n \"Heavier than expected churn from the end of the Affordable Connectivity Program (ACP).\",\n \"Inability to pass through programming cost increases to video subscribers.\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.01,\n \"ebit_margin_target\": 0.235,\n \"wacc\": 0.085,\n \"terminal_multiple\": 6.5\n },\n \"scenarios\": {\n \"bear\": {\n \"target_price\": 180.00,\n \"prob\": 0.30,\n \"notes\": \"FWA competition accelerates broadband losses, forcing aggressive promotions and margin compression.\"\n },\n \"base\": {\n \"target_price\": 250.00,\n \"prob\": 0.50,\n \"notes\": \"Broadband stabilizes, mobile growth continues, and FCF supports gradual deleveraging.\"\n },\n \"bull\": {\n \"target_price\": 320.00,\n \"prob\": 0.20,\n \"notes\": \"Rural buildout yields high penetration, mobile ARPU expands, and multiple re-rates to historical norms.\"\n }\n },\n \"method_notes\": \"Valuation based on a blend of EV/EBITDA (6.5x) and DCF (8.5% WACC). High debt and FWA risks cap upside, but 10%+ FCF yield and mobile growth support a BUY rating. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "AI Equity Analyst v1.0", "risks": [ "Accelerated broadband subscriber losses to Fixed Wireless Access (FWA) and fiber competitors.", "Higher-for-longer interest rates increasing the cost of servicing $95B in debt.", "Heavier than expected churn from the end of the Affordable Connectivity Program (ACP).", "Inability to pass through programming cost increases to video subscribers." ], "ticker": "CHTR", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Broadband stabilizes, mobile growth continues, and FCF supports gradual deleveraging.", "target_price": 250 }, "bear": { "prob": 0.3, "notes": "FWA competition accelerates broadband losses, forcing aggressive promotions and margin compression.", "target_price": 180 }, "bull": { "prob": 0.2, "notes": "Rural buildout yields high penetration, mobile ARPU expands, and multiple re-rates to historical norms.", "target_price": 320 } }, "confidence": 0.65, "assumptions": { "wacc": 0.085, "revenue_cagr_3y": 0.01, "terminal_multiple": 6.5, "ebit_margin_target": 0.235 }, "key_drivers": [ { "driver": "Broadband subscriber net adds", "impact": "HIGH", "direction": "NEG" }, { "driver": "Mobile line additions", "impact": "HIGH", "direction": "POS" }, { "driver": "FWA and Fiber competition", "impact": "HIGH", "direction": "NEG" }, { "driver": "Capital expenditures for rural build", "impact": "MED", "direction": "NEG" }, { "driver": "Average Revenue Per User (ARPU)", "impact": "MED", "direction": "POS" }, { "driver": "Interest expense and debt refinancing", "impact": "HIGH", "direction": "NEG" } ], "method_notes": "Valuation based on a blend of EV/EBITDA (6.5x) and DCF (8.5% WACC). High debt and FWA risks cap upside, but 10%+ FCF yield and mobile growth support a BUY rating. Not investment advice.", "current_price": 221.63, "recommendation": "BUY", "thesis_bullets": [ "Valuation is highly compressed at 5.7x P/E, pricing in severe broadband subscriber erosion.", "Spectrum Mobile growth provides a strong offset to legacy video and broadband revenue declines.", "Massive $95B debt load restricts capital return flexibility in a higher interest rate environment.", "Rural footprint expansion offers long-term subscriber growth potential despite near-term capex drag.", "Expiration of the Affordable Connectivity Program creates near-term churn risk for lower-income cohorts." ], "target_price_6m": 235, "target_price_12m": 250 }, "errorsJson": { "attempts": [], "providerMeta": { "model": "gemini-3-pro-preview", "provider": "gemini", "webSearch": { "used": false, "allowed": false, "enabled": false, "requested": false, "disabledReason": null } }, "sanityIssues": [] }, "latencyMs": 26218, "createdAt": "2026-04-09T05:20:00.621Z", "usage": { "inputTokens": 2367, "outputTokens": 878, "costUsd": 0.01527 } }, { "id": "cmnr12smr02q9p6584did381d", "runId": "cmnr12smp02q8p658wcdotipp", "modelId": "openai.gpt-5.4", "status": "SUCCESS", "rawOutput": "{\"model\":\"OpenAI o3\",\"as_of\":\"2026-04-08T20:00:00.000Z\",\"ticker\":\"CHTR\",\"currency\":\"USD\",\"current_price\":221.63,\"target_price_6m\":229,\"target_price_12m\":233,\"recommendation\":\"HOLD\",\"confidence\":0.62,\"thesis_bullets\":[\"Core broadband cash flows remain resilient despite slight revenue contraction.\",\"Mobile growth and pricing help offset ongoing video subscriber erosion.\",\"Valuation looks inexpensive on earnings, but leverage limits rerating.\",\"Fiber and fixed wireless competition cloud broadband subscriber outlook.\",\"Current price appears near fair value with only modest 12M upside.\"],\"key_drivers\":[{\"driver\":\"Broadband subscriber stabilization\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Mobile line growth\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"ARPU and pricing discipline\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Fiber and FWA competition\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"Cost efficiency and capex moderation\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Interest expense and refinancing\",\"impact\":\"MED\",\"direction\":\"NEG\"},{\"driver\":\"Share repurchases\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Video decline and bundling pressure\",\"impact\":\"LOW\",\"direction\":\"NEG\"}],\"risks\":[\"Fixed wireless and fiber take share faster than expected.\",\"Refinancing costs stay elevated against heavy debt load.\",\"Regulatory or subsidy changes pressure broadband economics.\",\"Mobile bundling economics weaken or churn rises.\"],\"assumptions\":{\"revenue_cagr_3y\":0.01,\"ebit_margin_target\":0.245,\"wacc\":0.09,\"terminal_multiple\":7.8},\"scenarios\":{\"bear\":{\"target_price\":195,\"prob\":0.3,\"notes\":\"Competition intensifies and deleveraging remains slow.\"},\"base\":{\"target_price\":233,\"prob\":0.5,\"notes\":\"Broadband stabilizes, mobile grows, valuation stays range-bound.\"},\"bull\":{\"target_price\":285,\"prob\":0.2,\"notes\":\"Subscriber trends improve and buybacks amplify EPS growth.\"}},\"method_notes\":\"Snapshot quote/fundamentals were used as authoritative. Valuation blends normalized EV/EBITDA and FCF yield, tempered by high leverage and weak top-line growth. Mixed evidence leaves roughly 5% 12M upside, so HOLD fits the rubric. No sell-side price targets used; not investment advice.\"}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "OpenAI o3", "risks": [ "Fixed wireless and fiber take share faster than expected.", "Refinancing costs stay elevated against heavy debt load.", "Regulatory or subsidy changes pressure broadband economics.", "Mobile bundling economics weaken or churn rises." ], "ticker": "CHTR", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Broadband stabilizes, mobile grows, valuation stays range-bound.", "target_price": 233 }, "bear": { "prob": 0.3, "notes": "Competition intensifies and deleveraging remains slow.", "target_price": 195 }, "bull": { "prob": 0.2, "notes": "Subscriber trends improve and buybacks amplify EPS growth.", "target_price": 285 } }, "confidence": 0.62, "assumptions": { "wacc": 0.09, "revenue_cagr_3y": 0.01, "terminal_multiple": 7.8, "ebit_margin_target": 0.245 }, "key_drivers": [ { "driver": "Broadband subscriber stabilization", "impact": "HIGH", "direction": "POS" }, { "driver": "Mobile line growth", "impact": "MED", "direction": "POS" }, { "driver": "ARPU and pricing discipline", "impact": "MED", "direction": "POS" }, { "driver": "Fiber and FWA competition", "impact": "HIGH", "direction": "NEG" }, { "driver": "Cost efficiency and capex moderation", "impact": "MED", "direction": "POS" }, { "driver": "Interest expense and refinancing", "impact": "MED", "direction": "NEG" }, { "driver": "Share repurchases", "impact": "MED", "direction": "POS" }, { "driver": "Video decline and bundling pressure", "impact": "LOW", "direction": "NEG" } ], "method_notes": "Snapshot quote/fundamentals were used as authoritative. Valuation blends normalized EV/EBITDA and FCF yield, tempered by high leverage and weak top-line growth. Mixed evidence leaves roughly 5% 12M upside, so HOLD fits the rubric. No sell-side price targets used; not investment advice.", "current_price": 221.63, "recommendation": "HOLD", "thesis_bullets": [ "Core broadband cash flows remain resilient despite slight revenue contraction.", "Mobile growth and pricing help offset ongoing video subscriber erosion.", "Valuation looks inexpensive on earnings, but leverage limits rerating.", "Fiber and fixed wireless competition cloud broadband subscriber outlook.", "Current price appears near fair value with only modest 12M upside." ], "target_price_6m": 229, "target_price_12m": 233 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "openai", "webSearch": { "used": false, "enabled": false, "sources": [], "maxToolCalls": 2 }, "responseId": "resp_0cb8cf6f7be183b40069d7571e15b48190abbb54b7a1a1eca0", "reasoningEffort": "medium", "structuredOutputs": { "used": true, "requested": true, "disabledReason": null } }, "sanityIssues": [] }, "latencyMs": 38802, "createdAt": "2026-04-09T05:20:00.621Z", "usage": { "inputTokens": 2296, "outputTokens": 2069, "costUsd": 0.032984 } }, { "id": "cmnr12smr02qcp658jwgo8srs", "runId": "cmnr12smp02q8p658wcdotipp", "modelId": "xai.grok-4.20-reasoning", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"Fundamental DCF Model\",\n \"as_of\": \"2026-04-08T20:00:00.000Z\",\n \"ticker\": \"CHTR\",\n \"currency\": \"USD\",\n \"current_price\": 221.63,\n \"target_price_6m\": 238,\n \"target_price_12m\": 255,\n \"recommendation\": \"BUY\",\n \"confidence\": 0.58,\n \"thesis_bullets\": [\n \"Low P/E and EV/EBITDA signal undervaluation\",\n \"Mobile growth offsets video subscriber losses\",\n \"Strong FCF funds aggressive share buybacks\",\n \"High debt load elevates financial risk\",\n \"Cord cutting and competition limit upside\"\n ],\n \"key_drivers\": [\n {\n \"driver\": \"Mobile subscriber additions\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Video cord-cutting trends\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Share repurchase program\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Debt burden and rates\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Broadband ARPU growth\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Fiber/wireless competition\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Cost efficiency gains\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Regulatory developments\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n }\n ],\n \"risks\": [\n \"Accelerated core subscriber losses\",\n \"Rising interest expense on debt\",\n \"Intensifying competitive pressures\",\n \"Adverse regulatory or policy shifts\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.8,\n \"ebit_margin_target\": 0.24,\n \"wacc\": 0.085,\n \"terminal_multiple\": 8.5\n },\n \"scenarios\": {\n \"bear\": {\n \"target_price\": 180,\n \"prob\": 0.35,\n \"notes\": \"Faster cord-cutting and margin pressure.\"\n },\n \"base\": {\n \"target_price\": 255,\n \"prob\": 0.45,\n \"notes\": \"Stable subs, mobile growth, buybacks continue.\"\n },\n \"bull\": {\n \"target_price\": 325,\n \"prob\": 0.2,\n \"notes\": \"Strong mobile wins and efficiency gains.\"\n }\n },\n \"method_notes\": \"3y DCF using revenue_cagr_3y 0.8%, 24% EBIT margin target, 8.5% WACC and 8.5x terminal EV/EBITDA. 15% implied 12M return supports BUY. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "Fundamental DCF Model", "risks": [ "Accelerated core subscriber losses", "Rising interest expense on debt", "Intensifying competitive pressures", "Adverse regulatory or policy shifts" ], "ticker": "CHTR", "currency": "USD", "scenarios": { "base": { "prob": 0.45, "notes": "Stable subs, mobile growth, buybacks continue.", "target_price": 255 }, "bear": { "prob": 0.35, "notes": "Faster cord-cutting and margin pressure.", "target_price": 180 }, "bull": { "prob": 0.2, "notes": "Strong mobile wins and efficiency gains.", "target_price": 325 } }, "confidence": 0.58, "assumptions": { "wacc": 0.085, "revenue_cagr_3y": 0.8, "terminal_multiple": 8.5, "ebit_margin_target": 0.24 }, "key_drivers": [ { "driver": "Mobile subscriber additions", "impact": "HIGH", "direction": "POS" }, { "driver": "Video cord-cutting trends", "impact": "HIGH", "direction": "NEG" }, { "driver": "Share repurchase program", "impact": "MED", "direction": "POS" }, { "driver": "Debt burden and rates", "impact": "HIGH", "direction": "NEG" }, { "driver": "Broadband ARPU growth", "impact": "MED", "direction": "POS" }, { "driver": "Fiber/wireless competition", "impact": "HIGH", "direction": "NEG" }, { "driver": "Cost efficiency gains", "impact": "MED", "direction": "POS" }, { "driver": "Regulatory developments", "impact": "MED", "direction": "NEG" } ], "method_notes": "3y DCF using revenue_cagr_3y 0.8%, 24% EBIT margin target, 8.5% WACC and 8.5x terminal EV/EBITDA. 15% implied 12M return supports BUY. Not investment advice.", "current_price": 221.63, "recommendation": "BUY", "thesis_bullets": [ "Low P/E and EV/EBITDA signal undervaluation", "Mobile growth offsets video subscriber losses", "Strong FCF funds aggressive share buybacks", "High debt load elevates financial risk", "Cord cutting and competition limit upside" ], "target_price_6m": 238, "target_price_12m": 255 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "xai", "webSearch": { "used": false, "enabled": false, "sources": [], "maxToolCalls": 2 }, "responseId": "19b3a59e-9e7d-9f6d-87f7-be77acf349be", "usedFallbackChatCompletions": false }, "sanityIssues": [] }, "latencyMs": 15377, "createdAt": "2026-04-09T05:20:00.621Z", "usage": { "inputTokens": 2634, "outputTokens": 3006, "costUsd": 0.052992 } } ] } }