JP Morgan Cuts Cable One Price Forecast Amid Fiber Competition, Challenges In Broadband Growth
1. JP Morgan lowered CABO's price forecast from $420 to $325. 2. Broadband subscriber growth is constrained by fiber competition and FWA challenges. 3. Analyst estimates broadband net adds drop to 5k from 14k for 2025. 4. CABO projected total revenue of $1.540 billion, a 0.8% decrease. 5. Recent GAAP EPS reported at $(18.71), missing sales estimates.