Charter Communications down 35%, but free cash flow and debt outlook remain strong through 2029.

Charter Communications' stock has dropped 35%, yet the company maintains confidence in its free cash flow and margin resilience despite competitive pressures and debt challenges. Its near-term debt maturities are manageable, with projections showing free cash flow covering all debt through 2029, even in worst-case scenarios. Although refinancing at higher interest rates will increase annual interest expenses by about $300 million by 2029, Charter's operating income and capital expenditure reductions support ongoing share buybacks and debt reduction. Stabilizing broadband subscriber losses and successful new products like Invisible WiFi are expected to improve investor sentiment and offer upside potential.