Comcast (NASDAQ:CMCSA – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Rosenblatt Securities in a report released on Monday, October 19th, Benzinga reports. They presently have a $31.00 target price on the cable giant’s stock. Rosenblatt Securities‘s price objective would suggest a potential upside of 41.94% from the stock’s previous close.
Several other research firms have also recently weighed in on CMCSA. Weiss Ratings cut shares of Comcast from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. Morgan Stanley reduced their target price on shares of Comcast from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Friday, September 25th. Raymond James Financial reissued a “market perform” rating on shares of Comcast in a research note on Friday, October 2nd. UBS Group reissued a “neutral” rating and issued a $27.00 price target (down from $32.00) on shares of Comcast in a report on Tuesday, September 15th. Finally, Barclays set a $24.00 price objective on shares of Comcast and gave the stock an “equal weight” rating in a research report on Tuesday, September 29th. Eleven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $30.37.
Get Our Latest Stock Analysis on CMCSA
Comcast Price Performance
Comcast stock traded down $0.21 on Monday, reaching $21.84. The company’s stock had a trading volume of 21,968,718 shares, compared to its average volume of 32,794,742. The business’s fifty day moving average price is $23.64 and its 200 day moving average price is $26.18. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $77.50 billion, a price-to-earnings ratio of 6.91, a PEG ratio of 1.61 and a beta of 0.68. Comcast has a twelve month low of $20.48 and a twelve month high of $32.85.
Comcast (NASDAQ:CMCSA – Get Free Report) last announced its earnings results on Thursday, October 22nd. The cable giant reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.08. The company had revenue of $29.30 billion during the quarter, compared to analyst estimates of $29.22 billion. Comcast had a return on equity of 14.64% and a net margin of 9.20%. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same period last year, the company posted $1.12 earnings per share. Equities analysts expect that Comcast will post 3.52 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Allied Private Wealth LLC bought a new position in Comcast during the 2nd quarter worth approximately $26,000. Whipplewood Advisors LLC increased its stake in Comcast by 75.5% in the first quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock valued at $27,000 after purchasing an additional 401 shares in the last quarter. Main Street Group LTD acquired a new stake in Comcast in the first quarter worth $27,000. Laurel Wealth Advisors LLC acquired a new stake in Comcast in the third quarter worth $27,000. Finally, Thompson Investment Management Inc. bought a new position in shares of Comcast during the second quarter worth $29,000. Institutional investors and hedge funds own 84.32% of the company’s stock.
Comcast News Summary
Here are the key news stories impacting Comcast this week:
- Positive Sentiment: Comcast expanded its Xfinity and Comcast Business network in northeastern Indiana, adding high-speed Internet access for nearly 1,100 homes and businesses. The project modestly expands the company’s addressable customer base and supports long-term connectivity revenue. Xfinity and Comcast Business High-Speed Internet Now Available to Nearly 1,100 Homes and Businesses in Northeast Indiana
- Positive Sentiment: Third-quarter commentary highlighted Peacock’s continued profitability and wireless growth. These businesses helped offset pressure in the company’s core broadband operations and provide potential growth avenues beyond traditional cable. Comcast Q3 Results Show Peacock and Wireless Gains Amid Widening Broadband Losses
- Neutral Sentiment: Reported short interest was zero shares, implying no meaningful days-to-cover or short-squeeze signal. The figure may reflect a data-reporting issue because the accompanying description says short interest increased.
- Neutral Sentiment: Comcast has attracted increased attention from Zacks users and other market commentators, but the “trending stock” coverage does not represent a fundamental change in the company’s outlook. Here is What to Know Beyond Why Comcast Corporation Is a Trending Stock
- Negative Sentiment: Broadband remains the key concern: third-quarter Connectivity and Platforms revenue declined 2.6%, while widening broadband losses overshadowed Peacock and wireless gains. This reinforces worries about customer attrition, competition and Comcast’s ability to stabilize its largest business. Comcast Q3 2026 Earnings Call Highlights
- Negative Sentiment: Freedom Broker lowered its Comcast price target from $29 to $25 and maintained a Hold rating. Oppenheimer also issued a Hold rating, indicating limited conviction in a near-term rebound despite the stock’s valuation. Freedom Broker Comcast Rating
About Comcast
Comcast Corporation is a global media and communications company headquartered in Philadelphia, Pennsylvania. Founded in 1963 as American Cable Systems, the company grew through the expansion of cable television and broadband services and adopted the Comcast name in 1969.
Through its Connectivity & Platforms businesses, Comcast provides residential and business customers with broadband internet, video, voice, mobile and related services. Its Xfinity brand offers internet, television, streaming and wireless products in the United States, while Comcast Business serves commercial and enterprise customers with connectivity, communications and technology solutions.
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