Comcast Corp

Comcast Corp Stock Forecast & Price Prediction

Live Comcast Corp Stock (CMCSA) Price
$40.56

31

Ratings

  • Buy 30
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$40.56

P/E Ratio

10.95

Volume Traded Today

$14.6M

Dividend

$0.31

52 Week High/low

47.11/36.43

Comcast Corp Market Cap

$159.51B

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CMCSA Summary

The Comcast Corp (CMCSA) share price is expected to increase by 14.25% over the next year. This is based on calculating the average 12-month share price estimate provided by 31 stock analysts who have covered CMCSA. Price targets range from $35 at the low end to $57 at the high end. The current analyst consensus for CMCSA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CMCSA Analyst Ratings

Comcast Corp has a total of 31 Wall St Analyst ratings. There are 30 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Comcast Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CMCSA stock forecast by analyst

These are the latest 20 analyst ratings of CMCSA.

Analyst/Firm

Rating

Price Target

Change

Date

Kannan Venkateshwar
Barclays

Equal-Weight

$40

Maintains

Jul 25, 2024
Barton Crockett
Rosenblatt

Neutral

$45

Maintains

Jul 24, 2024
Tim Nollen
Macquarie

Neutral

$40

Reiterates

Jul 24, 2024
Bryan Kraft
Deutsche Bank

Buy

$49

Maintains

Jul 24, 2024
Brandon Nispel
Keybanc

Overweight

$44

Maintains

Jul 24, 2024
Vijay Jayant
Evercore ISI Group

Outperform

$48

Maintains

Jul 2, 2024
Michael Ng
Goldman Sachs

Buy

$44

Initiates

Jun 25, 2024
Matthew Harrigan
Benchmark

Buy

$55

Reiterates

May 13, 2024
Tim Nollen
Macquarie

Neutral

$40

Maintains

May 13, 2024
Michael Rollins
Citigroup

Buy

$48

Maintains

Apr 29, 2024
Steven Cahall
Wells Fargo

Equal-Weight

$43

Maintains

Apr 26, 2024
Barton Crockett
Rosenblatt

Neutral

$45

Maintains

Apr 26, 2024
Jeff Fan
Scotiabank

Sector Perform

$47.25

Maintains

Apr 26, 2024
Matthew Harrigan
Benchmark

Buy

$55

Reiterates

Apr 10, 2024
Sam McHugh
Exane BNP Paribas

Neutral

$45

Downgrade

Apr 9, 2024
Steven Cahall
Wells Fargo

Equal-Weight

$47

Maintains

Apr 5, 2024
Timothy Horan
Oppenheimer

Outperform

$55

Maintains

Apr 3, 2024
Vijay Jayant
Evercore ISI Group

Outperform

$50

Maintains

Mar 26, 2024
Hamilton Faber
Redburn Atlantic

Neutral

$44

Downgrade

Feb 15, 2024
Michael Rollins
Citigroup

Buy

$53

Maintains

Jan 30, 2024

CMCSA Company Information

What They Do: Media and technology company operating globally.

Business Model: The company generates revenue through multiple segments, including residential and business connectivity services, media production and broadcasting, and theme park operations. Its Residential Connectivity segment provides broadband and video services, while the Media segment includes NBCUniversal's cable networks and streaming services like Peacock. Additionally, it profits from its theme parks and advertising revenues.

Other Information: Founded in 1963 and headquartered in Philadelphia, Comcast operates internationally with a diverse portfolio that includes both traditional media and innovative digital platforms. The company's extensive reach in various sectors positions it well for growth and adaptation in the evolving media landscape.
CMCSA
Comcast Corp (CMCSA)

When did it IPO

1988

Staff Count

186,000

Country

United States

Sector/Industry

Communication Services/Telecom Services

CEO

Mr. Brian L. Roberts

Market Cap

$159.51B

Comcast Corp (CMCSA) Financial Data

In 2023, CMCSA generated $121.57B in revenue, which was a increase of 0.12% from the previous year. This can be seen as a signal that CMCSA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$103.56B

Revenue From 2021

$116.39B

12.38 %
From Previous Year

Revenue From 2022

$121.43B

4.33 %
From Previous Year

Revenue From 2023

$121.57B

0.12 %
From Previous Year
  • Revenue TTM $121.11B
  • Operating Margin TTM 22.3%
  • Gross profit TTM $84.81B
  • Return on assets TTM 5.6%
  • Return on equity TTM 17.5%
  • Profit Margin 12.5%
  • Book Value Per Share 21.44%
  • Market capitalisation $159.51B
  • Revenue for 2021 $116.39B
  • Revenue for 2022 $121.43B
  • Revenue for 2023 $121.57B
  • EPS this year (TTM) $3.76

Comcast Corp (CMCSA) Latest News

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - Reuters

Summary - Charter Communications will provide NBCUniversal's Peacock streaming service at no extra cost to some customers starting next year, aiming to expand its user base through a new multi-year deal.

Why It Matters - Charter's deal to offer Peacock for free could attract new subscribers, enhancing its customer base and revenue potential, which positively impacts its stock performance.

News Image

Thu, 03 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Comcast NBCUniversal has donated $500,000 in cash and $500,000 in advertising for public service announcements to aid recovery efforts from Hurricane Helene in several states.

Why It Matters - Comcast's $1 million donation reflects corporate social responsibility, potentially enhancing its public image and customer loyalty, which can positively impact stock performance.

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Wall Street analysts' ratings significantly influence investors' decisions and can impact stock prices, highlighting the importance of their recommendations in trading strategies.

Why It Matters - Wall Street analyst recommendations can significantly influence stock prices, impacting investor sentiment and trading decisions, leading to potential gains or losses.

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - Deadline

Summary - NBCUniversal and Charter Communications have signed a multi-year distribution deal, integrating Peacock streaming for Charter's Spectrum TV Select customers.

Why It Matters - The deal enhances Charter's service offerings, potentially boosting customer retention and revenue. Integrating Peacock may attract new subscribers, positively impacting both companies' financial performance.

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - SPY increased by 2.10% in September, marking a positive month. October's top 10 stocks offer a 3.89% dividend yield, above the S&P 500, with a 17.96% annualized return since November 2020.

Why It Matters - SPY's September gain and high dividend yields signal strong market performance and potential for income, attracting income-focused investors and suggesting positive trends ahead.

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Comcast (CMCSA) closed at $40.59, down 1.84% from the previous trading session.

Why It Matters - Comcast's 1.84% decline signals potential volatility, impacting investor sentiment and may affect future trading strategies or valuations.

...

CMCSA Frequently asked questions

The highest forecasted price for CMCSA is $57 from at B of A Securities.

The lowest forecasted price for CMCSA is $35 from from Citigroup

The CMCSA analyst ratings consensus are 30 buy ratings, 1 hold ratings, and 0 sell ratings.