Cable One stock gained 15.29 percent on October 6

Cable One stock was last at USD 12.97 on the NYSE on October 6, 2026 at 4:00 p.m. ET, up 15.29 percent from the prior close. The move followed financing discussions with GTCR, lenders and private-credit institutions, while the deadline for the remaining Mega Broadband Investments stake moved to October 9, 2026.

Financing deadline moves to October 9

According to Business Wire on October 2, 2026, Cable One entered advanced discussions with GTCR LLC, existing lenders and private lending institutions to address forthcoming capital needs.

The same company announcement set October 9, 2026, as the extended deadline for Cable One to complete the purchase of the 55 percent of Mega Broadband Investments Holdings that it does not already own. That date is the next concrete checkpoint for the balance sheet and the transaction.

Second-quarter revenue fell 8.4 percent

For the quarter ended June 30, 2026, Cable One generated USD 348.9 million in revenue, down 8.4 percent from the prior year, while adjusted EBITDA fell 14.6 percent to USD 173.5 million, according to Simply Wall St.

Operating cash flow reached USD 120.9 million in the same quarter, but the combination of shrinking revenue and financing requirements keeps transaction execution central to the stock story. Cable One serves residential and business customers through broadband, video and voice services under the Sparklight brand, according to Cable One.

Analysts see a wide valuation gap

MarketBeat reported on October 6, 2026, that six analysts carried a Reduce consensus for Cable One, with three sell ratings and three hold ratings. The average 12-month price target was USD 80.00.

The consensus sits against a USD 12.97 reference price on October 6, 2026, while the stock's 52-week range was USD 9.90 to USD 180.00. The market is therefore pricing the financing outcome and the MBI transaction far more urgently than the headline analyst average suggests.

Stock stays near its yearly low

Cable One's market capitalization stood at USD 73.6 million on October 6, 2026, with 420,519 shares traded. The stock was 31.0 percent above its 52-week low of USD 9.90, leaving the October 9 transaction deadline as the next dated test for investors.

Upcoming dates for Cable One stock

• October 9, 2026: Extended deadline for the Mega Broadband Investments purchase