
WideOpenWest (WOW) Stock Forecast & Price Target
WideOpenWest (WOW) Analyst Ratings
Bulls say
WideOpenWest Inc. is experiencing favorable financial performance, with high-speed data (HSD) revenue reaching $109.8 million, representing a 7.3% year-over-year increase, which aligns with market expectations. The positive impact of pricing strategies introduced in the second half of 2023, coupled with the traction gained from its YouTube TV offering, is driving subscription growth and enhancing overall broadband adoption. Furthermore, the company's strategic focus on broadband-first initiatives and expansion into demographically appealing areas positions it to achieve strong return on investment (ROI) amid competitive pressures in the broadband market.
Bears say
WideOpenWest Inc is facing a negative outlook primarily due to projected declines in high-speed data (HSD) net additions, with expectations of a loss of 1,000 subscribers in 2024 compared to a gain of 19,000 previously. The company's adjusted EBITDA of $70.9 million for the latest quarter fell short of consensus expectations, compounded by significant losses in legacy HSD customers and underperformance in expansion efforts. Additionally, ongoing challenges such as a tightening housing market, rising operational costs, and increased competition could further pressure the company's financial performance and liquidity, undermining prospects for recovery.
This aggregate rating is based on analysts' research of WideOpenWest and is not a guaranteed prediction by Public.com or investment advice.
WideOpenWest (WOW) Analyst Forecast & Price Prediction
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