Comcast (NASDAQ:CMCSA – Get Free Report) had its price objective raised by equities research analysts at Royal Bank Of Canada from $31.00 to $32.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has a “sector perform” rating on the cable giant’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 8.65% from the company’s current price.
CMCSA has been the topic of several other reports. Pivotal Research lowered shares of Comcast from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Evercore lifted their price target on shares of Comcast from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday. TD Cowen reduced their price target on shares of Comcast from $40.00 to $39.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft cut shares of Comcast from a “buy” rating to a “hold” rating and set a $34.00 price objective for the company. in a research report on Friday. Finally, Sanford C. Bernstein decreased their price target on Comcast from $34.00 to $32.00 and set a “market perform” rating on the stock in a research note on Thursday, January 15th. Nine equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Comcast currently has an average rating of “Hold” and a consensus price target of $35.13.
Get Our Latest Research Report on CMCSA
Comcast Trading Down 6.9%
Comcast (NASDAQ:CMCSA – Get Free Report) last posted its earnings results on Thursday, April 23rd. The cable giant reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.06. The company had revenue of $31.46 billion for the quarter, compared to the consensus estimate of $30.42 billion. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 earnings per share. On average, analysts anticipate that Comcast will post 3.46 EPS for the current year.
Insiders Place Their Bets
In other Comcast news, CEO Michael J. Cavanagh sold 57,947 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the sale, the chief executive officer directly owned 622,336 shares in the company, valued at $20,325,493.76. This represents a 8.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.32% of the stock is currently owned by insiders.
Institutional Trading of Comcast
Large investors have recently modified their holdings of the stock. Imprint Wealth LLC acquired a new stake in shares of Comcast in the third quarter valued at $26,000. United Financial Planning Group LLC acquired a new stake in shares of Comcast in the third quarter valued at $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Comcast in the fourth quarter valued at $27,000. Olistico Wealth LLC acquired a new stake in shares of Comcast in the fourth quarter valued at $29,000. Finally, Richardson Financial Services Inc. raised its stake in shares of Comcast by 212.6% in the fourth quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after acquiring an additional 691 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.
More Comcast News
Here are the key news stories impacting Comcast this week:
- Positive Sentiment: Q1 financial beat — Comcast reported adjusted EPS of $0.79 vs. $0.73 expected and revenue of $31.46B (vs. ~$30.4B est.), driven by advertising and content strength. This is the principal catalyst for the rally as top- and bottom-line beats reduce short-term uncertainty. Comcast beats estimates on sports boost, easing broadband losses
- Positive Sentiment: Sports-driven ad spike and content momentum — incremental ad revenue from the Milan Cortina Winter Olympics and Super Bowl LX materially boosted the Content segment and helped revenue growth. Winter Olympics and Super Bowl power Comcast’s Q1 ad sales spike
- Positive Sentiment: Connectivity trends improving — domestic residential broadband net losses narrowed (to ~65k) and Comcast added a large number of wireless lines (record mobile additions), signaling stabilization in core subscriber trends that investors view as a turning point. Comcast beats revenue, earnings expectations as broadband losses improve
- Positive Sentiment: Peacock and wireless monetization outlook — management expects Peacock to approach profitability next quarter and anticipates converting the majority of free wireless lines to paid in 2H 2026, suggesting future margin improvement. Comcast anticipates converting the significant majority of free wireless lines to paid in 2H
- Neutral Sentiment: New wireless plans / product expansion — Xfinity Mobile launched premium plans (Mobile Plus, Mobile Select) that could help ARPU and customer retention, but impact will be gradual. Xfinity Mobile Launches Mobile Plus and Mobile Select
- Neutral Sentiment: Valuation debate — DCF / P/E analyses have suggested potential upside versus the market price, which supports buy-side interest but depends on execution (broadband stabilization, Peacock profitability). Is Comcast (CMCSA) Offering Value After DCF And P/E Suggest Large Upside To Fair Value?
- Negative Sentiment: Longer-term subscriber pressure and share drag — despite improvement this quarter, Comcast’s stock has been pressured by a year-long decline tied to persistent broadband subscriber losses; investors will watch whether the improvement sustains. Comcast Stock Is in a Slump. Earnings Must Show Its Subscriber Exodus Is Slowing.
- Negative Sentiment: Insider/institutional flows — recent filings show notable institutional position changes and some insider selling; while not unusual, these actions can weigh on sentiment if execution slips. Comcast shares jump as Q1 results top expectations and broadband losses improve
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.
Further Reading
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