12:05 PM EST, 11/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month target by $0.50 to $2.50, applying a EV/EBITDA multiple of 7.9x to our '26 estimate. We move our '25 loss estimate to $0.26 from $0.06 and raise '26's EPS estimate by $0.07 to $0.15. Despite improvements in some operational metrics, the company continues to operate in a challenging market characterized by historically low growth, intensified competition, and ongoing consumer financial strain. This environment has led to increased price sensitivity among customers and more providers competing for a shrinking customer base. Fixed wireless access competitors and fiber overbuilders have ramped up competitive action, including aggressive pricing and promotional offers, which have negatively impacted Altice USA's ability to capture market share and win new subscribers. The company acknowledged that achieving their full-year outlook requires a significant ramp in Q4 performance, indicating that results to date have not met targets and that substantial improvement is necessary to meet guidance.