A report from senior analyst Sam McHugh at investment bank BNP–Paribas on US cable giants Charter Communications and Comcast is not positive. The bank’s report says that US cable has become more aggressive following their commentary around fibre being promotional in Q4 2025. It appears cable is feeling incremental pressure – understandable given FWA/fibre reached new heights last quarter,” said BNP. The bank is blunt, saying that it has updated its estimates but not in positive directions: “We cut our cable ARPU growth estimates and Charter target price down to $160.”This forecast is not optimistic given that Charter’s stock price was $193 on January 26th. The bank says: “Comcast could disappoint bulls on messaging around an NBCU spin, which could reverse recent performance, but hope may linger long given the prospect of [Paramount Skydance] turning to NBCU if they fail to acquire Warner Bros Discovery.