Comcast (NASDAQ:CMCSA) Price Target Cut to $35.25 by Analysts at Scotiabank

Comcast (NASDAQ:CMCSA) had its price objective decreased by equities researchers at Scotiabank from $37.50 to $35.25 in a note issued to investors on Friday,MarketScreener reports. The firm presently has a “sector perform” rating on the cable giant’s stock. Scotiabank’s price objective would indicate a potential upside of 19.04% from the company’s current price.

Several other research firms have also recently commented on CMCSA. Bank of America raised Comcast from a “neutral” rating to a “buy” rating and upped their price target for the company from $31.00 to $37.00 in a report on Monday, January 12th. Barclays set a $28.00 price target on shares of Comcast and gave the company an “equal weight” rating in a research report on Tuesday, January 13th. KeyCorp cut shares of Comcast from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 30th. BNP Paribas Exane cut their target price on shares of Comcast from $28.10 to $28.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Zacks Research upgraded Comcast from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Eleven investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $35.18.

Comcast Trading Up 4.2%

Comcast stock opened at $29.61 on Friday. Comcast has a one year low of $25.75 and a one year high of $37.97. The company’s fifty day moving average price is $28.36 and its two-hundred day moving average price is $30.39. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $107.90 billion, a price-to-earnings ratio of 4.87, a PEG ratio of 2.00 and a beta of 0.81.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, January 29th. The cable giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.09. Comcast had a net margin of 18.33% and a return on equity of 18.06%. The business had revenue of $32.31 billion during the quarter, compared to the consensus estimate of $32.35 billion. During the same period in the prior year, the firm earned $0.96 EPS. Comcast’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, analysts forecast that Comcast will post 4.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Comcast

Institutional investors and hedge funds have recently bought and sold shares of the stock. QRG Capital Management Inc. raised its stake in Comcast by 13.0% during the 2nd quarter. QRG Capital Management Inc. now owns 724,760 shares of the cable giant’s stock worth $25,867,000 after acquiring an additional 83,631 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Comcast by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,055,192 shares of the cable giant’s stock worth $37,954,000 after purchasing an additional 300,898 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Comcast by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 369,438,921 shares of the cable giant’s stock worth $13,185,275,000 after acquiring an additional 1,257,196 shares during the last quarter. Commerzbank Aktiengesellschaft FI lifted its stake in shares of Comcast by 47.7% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 532,315 shares of the cable giant’s stock worth $18,998,000 after acquiring an additional 171,929 shares during the last quarter. Finally, Aberdeen Group plc raised its position in Comcast by 5.4% during the 2nd quarter. Aberdeen Group plc now owns 2,889,947 shares of the cable giant’s stock valued at $103,142,000 after purchasing an additional 147,231 shares in the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

More Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q4 adjusted EPS of $0.84 topped estimates and management highlighted growth at theme parks and Peacock, helping investors look past headline broadband weakness. Comcast shares rise after in-line Q4 report
• Positive Sentiment: Comcast reiterated its dividend policy, declaring a $0.33 quarterly payout (annualized $1.32), supporting the stock’s yield appeal (about 4.5%). Comcast Maintains Dividend on an Annualized Basis in 2026
• Positive Sentiment: Peacock added subscribers and theme parks (Epic Universe) delivered strong results, providing offset to core broadband weakness. These segment gains are a key near-term upside driver. Comcast Q4 highlights: Theme parks and Peacock
• Positive Sentiment: Unusually heavy call-option buying was recorded, suggesting some investors are positioning for further near-term upside or event-driven moves. Looking At Comcast’s Recent Unusual Options Activity
• Neutral Sentiment: Rosenblatt reaffirmed a “neutral” rating and set a $30 price target — modest upside vs. current levels, which may temper speculative buying. Rosenblatt reaffirms neutral on Comcast
• Neutral Sentiment: Xfinity marketing initiatives (RealTime4K for Super Bowl) are product positives but unlikely to move near-term fundamentals significantly. Xfinity Introduces RealTime4K for Super Bowl LX
• Negative Sentiment: Broadband subscriber losses persisted and were worse than expected, increasing pressure on Comcast’s core revenue stream and margins. Comcast sheds more broadband customers as wireless competition mounts
• Negative Sentiment: Revenue came in slightly below some forecasts (mixed reports of a small revenue miss), and Peacock’s subscriber gains have come with wider losses tied to sports rights deals — a combination that limits margin improvement near term. Peacock hits subscribers but losses widen

Comcast Company Profile

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.