Cable One (CABO) Stock Forecast & Price Target

$394.68

+50.01 (+14.51%)

(As of 07/26/2024 ET)

Cable One - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Cable One in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 2 have given a sell rating, 1 has given a hold rating, and 3 have given a buy rating for CABO.

Consensus Price Target

$590.83
49.70% Upside

High Forecast	$881.00
Average Forecast	$590.83
Low Forecast	$350.00

According to the 6 analysts' twelve-month price targets for Cable One, the average price target is $590.83. The highest price target for CABO is $881.00, while the lowest price target for CABO is $350.00. The average price target represents a forecasted upside of 49.70% from the current price of $394.69.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$590.83	$590.83	$627.80	$1,021.67
Forecasted Upside	49.70% Upside	23.02% Upside	24.30% Upside	33.15% Upside

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CABO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CABO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cable One Stock vs. The Competition

Type	Cable One	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.17	2.55	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	49.70% Upside	122.34% Upside	9.17% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/3/2024	Wells Fargo & Company 3 of 5 stars	Lower Target	Underweight ➝ Underweight	$400.00 ➝ $350.00	-7.52%
5/3/2024	TD Cowen 4 of 5 stars	Lower Target	Hold ➝ Hold	$650.00 ➝ $456.00	+20.49%
4/4/2024	KeyCorp 3 of 5 stars	Lower Target	Overweight ➝ Overweight	$900.00 ➝ $881.00	+114.38%
3/5/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$615.00	+38.31%
12/4/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform	$418.00	-23.02%
8/4/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$900.00 ➝ $825.00	+13.61%
2/27/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$800.00 ➝ $785.00	+13.40%
2/24/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform	$1,050.00 ➝ $950.00	+30.85%
8/9/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$1,550.00	+18.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:50 PM ET.

CABO Forecast - Frequently Asked Questions

What is Cable One's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Cable One is $590.83, with a high forecast of $881.00 and a low forecast of $350.00.
Should I buy or sell Cable One stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CABO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CABO, but not buy additional shares or sell existing shares.
Does Cable One's stock price have much upside?: According to analysts, Cable One's stock has a predicted upside of 23.02% based on their 12-month stock forecasts.
What analysts cover Cable One?: Cable One has been rated by research analysts at TD Cowen, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Cable One more than its competitors?: Analysts like Cable One less than other "consumer discretionary" companies. The consensus rating for Cable One is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how CABO compares to other companies.