Charter Communications, Inc. (CHTR): One of the Most Oversold S&P 500 Stocks So Far in 2026

Charter Communications, Inc. (NASDAQ: CHTR ) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026 . Shares are down 31% year-to-date as of the close on May 29 due to several challenges, including a declining customer base and recent analyst adjustments.

Spectrum internet customers declined by 120,000 during the first quarter of fiscal 2026, as competing telecom players wooed users away from traditional cable internet through promotional offerings. The figure was around 20% higher than analysts had anticipated.

Total video customers also fell by 60,000. However, this was far less than the expected decline of 85,872 for this quarter and 181,000 in Q1 2025, with the improvement driven by simplified pricing and packaging.

Charter Communications, Inc. (NASDAQ:CHTR)’s first-quarter revenue came in at $13.60 billion, down 1% year-over-year, while net income attributable to shareholders declined 4.4% to $1.16 billion. Following the results, several firms, including RBC Capital, Citigroup, and BofA, trimmed their price targets on the stock.

Institutional investors’ interest in the company also appears to be declining. According to Insider Monkey’s database for Q1 2026, 48 hedge funds held a stake in CHTR, down from 62 in Q4 2025.

Charter Communications, Inc. (NASDAQ:CHTR) is a broadband connectivity company serving nearly 59 million homes and businesses across 41 U.S. states through its Spectrum brand.

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