CABO

The past six months have seen significant events impacting Cable One's stock price. The company reported deteriorating financial performance in Q2 2026, with a net loss of $1.16 billion, an 8.4% year-over-year decrease in total revenues, a 14.6% decline in Adjusted EBITDA, and $597.7 million in non-cash asset impairment charges. Cable One also experienced significant subscriber losses, including 17,000 residential broadband customers in Q2 2026 and 57,900 residential data subscribers in Q1 2026. Heightened concerns over its high debt load (approximately $3.50 billion as of June 30, 2025) and financing challenges led to the suspension of its quarterly dividend and over $450 million in debt repayment since mid-2023. The company faced issues with its Mega Broadband acquisition, including an extended deadline due to financing discussions, a stock gain on news of advanced financing talks, and a significant stock plummet after a secured creditor initiated legal proceedings to block the $480 million acquisition, citing financial precariousness. Trading in the stock was also halted due to volatility. Overall, the stock price has experienced a significant decline, falling approximately 75% since June 30, 2026, 93.13% over the last 12 months, and 52.52% in the past month as of October 3, 2026.