Cable One (NYSE:CABO) Posts Quarterly Earnings Results, Misses Estimates By $8.95 EPS

Cable One (NYSE:CABO) announced its quarterly earnings data on Thursday. The company reported ($1.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.60 by ($8.95), FiscalAI reports. Cable One had a negative net margin of 29.78% and a positive return on equity of 7.96%. The business had revenue of $363.74 million during the quarter, compared to the consensus estimate of $368.59 million.

Here are the key takeaways from Cable One’s conference call:

• Residential data customers declined by approximately 10,700 in Q4; net subscriber trends improved sequentially but remained negative, and Q4 revenue fell 6.1% YoY with adjusted EBITDA down 8.1%.
• Company completed its billing/platform transformation and simplified pricing, with >33% of residential customers using the eero in-home offering (sell‑in >80% in Q4), and a mobile pilot launched in six markets with a broader rollout planned in late Q1.
• Cable One generated $516.5M of adjusted EBITDA less CapEx in 2025, paid down $403.4M of debt during the year, finished with $152.8M cash and an undrawn $1.25B revolver, and says it can fund the MBI close without external financing.
• The MBI put option was exercised with an expected Oct. 1 close; estimated purchase price is about $480M and MBI net indebtedness is forecast at $845–895M, producing a pro forma leverage just above 4x while integration planning and expected cost/tax efficiencies proceed.

Cable One Stock Up 7.1%

CABO stock traded up $6.46 during mid-day trading on Friday, reaching $97.36. The company had a trading volume of 153,895 shares, compared to its average volume of 161,775. The company has a market capitalization of $548.62 million, a price-to-earnings ratio of -1.20 and a beta of 0.74. Cable One has a 52 week low of $70.37 and a 52 week high of $290.48. The stock has a 50 day simple moving average of $99.99 and a two-hundred day simple moving average of $131.00. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.38 and a quick ratio of 0.38.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Cable One from $175.00 to $145.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. TD Cowen dropped their price objective on shares of Cable One from $260.00 to $142.00 and set a “hold” rating on the stock in a report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cable One in a report on Wednesday, January 21st. Zacks Research upgraded Cable One from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Finally, Wells Fargo & Company cut their target price on Cable One from $107.00 to $90.00 and set an “underweight” rating on the stock in a research note on Friday. Five research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $221.40.

Key Headlines Impacting Cable One

Here are the key news stories impacting Cable One this week:

• Positive Sentiment: Cable One is advancing a planned Q1 2026 mobile launch, pursuing a $480M MBI acquisition and continuing multi‑gig network upgrades — initiatives that could diversify revenue and support longer‑term growth expectations. Read More.
• Neutral Sentiment: The company granted inducement equity awards to incoming CEO James A. Holanda, a typical move to secure leadership; this signals board support but also implies additional share‑based compensation (potential dilution). Read More.
• Negative Sentiment: Cable One reported a large Q4 loss (reported EPS of ($1.35) vs. consensus $7.60) and revenue below estimates ($363.74M vs. ~$368.6M consensus), which drove concern over near‑term profitability and contributed to downward pressure on the stock. Read More.
• Negative Sentiment: Wells Fargo cut its price target on CABO from $107 to $90 and set an “underweight” rating, explicitly flagging downside versus recent levels — a high‑profile analyst downgrade that can prompt selling and weigh on sentiment. Read More.

Hedge Funds Weigh In On Cable One

A number of institutional investors have recently added to or reduced their stakes in CABO. Quarry LP grew its position in shares of Cable One by 1,011.1% in the 3rd quarter. Quarry LP now owns 200 shares of the company’s stock valued at $35,000 after acquiring an additional 182 shares during the period. Parallel Advisors LLC lifted its stake in Cable One by 2,288.9% in the 3rd quarter. Parallel Advisors LLC now owns 215 shares of the company’s stock valued at $38,000 after purchasing an additional 206 shares during the last quarter. Quantbot Technologies LP bought a new position in Cable One during the third quarter worth about $39,000. US Bancorp DE grew its holdings in Cable One by 128.1% during the third quarter. US Bancorp DE now owns 308 shares of the company’s stock worth $55,000 after purchasing an additional 173 shares during the period. Finally, State of Wyoming acquired a new position in Cable One during the second quarter worth approximately $50,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Cable One Company Profile

Cable One, Inc (NYSE:CABO) is an American provider of broadband communications services, offering a suite of residential and business solutions over a hybrid fiber-coaxial network. The company delivers high-speed internet access, digital video, voice communications and mobile services, alongside advanced managed Wi-Fi and cybersecurity tools. Cable One’s infrastructure supports both traditional cable offerings and converged IP-based platforms designed to meet evolving customer needs.

In addition to consumer-focused services, Cable One caters to small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions and cloud-based voice applications.