Cable One Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Cable One stock have an average target of 625.4, with a low estimate of 350 and a high estimate of 881. The average target predicts an increase of 79.56% from the current stock price of 348.30.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$350	$625.4	$615	$881
Change	+0.49%	+79.56%	+76.57%	+152.94%

* Price targets were last updated on May 3, 2024.

Analyst Ratings

The average analyst rating for Cable One stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	0	0	1	1	1	1
Buy	2	2	2	2	2	2
Hold	2	2	0	0	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	5	5	4	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregory Williams TD Cowen	TD Cowen	Hold Maintains $650 → $456	Hold	Maintains	$650 → $456	+30.92%	May 3, 2024
Steven Cahall Wells Fargo	Wells Fargo	Sell Maintains $400 → $350	Sell	Maintains	$400 → $350	+0.49%	May 3, 2024
Steven Cahall Wells Fargo	Wells Fargo	Sell Maintains $460 → $400	Sell	Maintains	$460 → $400	+14.84%	Apr 5, 2024
Brandon Nispel Keybanc	Keybanc	Buy Maintains $900 → $881	Buy	Maintains	$900 → $881	+152.94%	Apr 4, 2024
Craig Moffett MoffettNathanson	MoffettNathanson	Hold → Strong Buy Upgrades $615	Hold → Strong Buy	Upgrades	$615	+76.57%	Mar 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.64B

from 1.68B

-2.39%

from 1.68B

Revenue Next Year

1.61B

from 1.64B

-1.89%

from 1.64B

EPS This Year

37.91

from 45.14

-16.02%

from 45.14

EPS Next Year

38.20

from 37.91

0.78%

from 37.91

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.17B	1.33B	1.61B	1.71B	1.68B	1.64B	1.61B	1.58B	1.52B	1.52B
Revenue Growth	8.92%	13.46%	21.17%	6.24%	-1.64%	-2.39%	-1.89%	-1.49%	-4.30%	0.07%
EPS	31.12	51.27	46.49	38.06	45.14	37.91	38.20	38.27	26.25	22.45
EPS Growth	8.17%	64.75%	-9.32%	-18.13%	18.60%	-16.02%	0.78%	0.18%	-31.40%	-14.49%
Forward PE	-	-	-	-	-	9.19	9.12	9.10	13.27	15.51
No. Analysts	-	-	-	-	-	9	9	7	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.7B	1.7B	1.7B	1.6B	1.7B
Avg	1.6B	1.6B	1.6B	1.5B	1.5B
Low	1.6B	1.5B	1.4B	1.4B	1.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	2.9%	5.3%	5.7%	3.3%	9.6%
Avg	-2.4%	-1.9%	-1.5%	-4.3%	0.1%
Low	-7.4%	-10.3%	-11.8%	-12.6%	-10.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	44.04	48.21	54.87	27.03	23.11
Avg	37.91	38.20	38.27	26.25	22.45
Low	31.76	29.94	18.38	25.23	21.57

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-2.4%	27.2%	43.6%	-29.4%	-12.0%
Avg	-16.0%	0.8%	0.2%	-31.4%	-14.5%
Low	-29.6%	-21.0%	-51.9%	-34.1%	-17.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.