Sanford C. Bernstein Lowers Comcast (NASDAQ:CMCSA) Price Target to $32.00

Comcast (NASDAQ:CMCSA) had its price target reduced by research analysts at Sanford C. Bernstein from $34.00 to $32.00 in a report released on Thursday, MarketBeat Ratings reports. The firm currently has a “market perform” rating on the cable giant’s stock. Sanford C. Bernstein’s price target points to a potential upside of 15.03% from the stock’s previous close.

CMCSA has been the subject of several other reports. Oppenheimer set a $38.00 target price on Comcast in a research note on Tuesday, November 4th. Pivotal Research decreased their price target on Comcast from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, October 31st. BNP Paribas upgraded Comcast from an “underperform” rating to a “neutral” rating and set a $28.00 price objective for the company in a research report on Tuesday, November 4th. Arete Research set a $23.00 target price on shares of Comcast in a research report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Comcast in a research note on Friday, January 9th. Twelve analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Comcast has an average rating of “Hold” and an average target price of $34.92.

Comcast Price Performance

Comcast stock opened at $27.82 on Thursday. The business’s fifty day moving average is $28.10 and its two-hundred day moving average is $30.83. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market cap of $101.37 billion, a P/E ratio of 4.63, a P/E/G ratio of 2.02 and a beta of 0.81. Comcast has a 52 week low of $25.75 and a 52 week high of $38.40.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, October 30th. The cable giant reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.02. Comcast had a net margin of 18.33% and a return on equity of 18.06%. The business had revenue of $31.20 billion for the quarter, compared to the consensus estimate of $30.74 billion. During the same quarter in the prior year, the company earned $1.12 EPS. The firm’s quarterly revenue was down 2.7% on a year-over-year basis. Equities research analysts forecast that Comcast will post 4.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CMCSA. Brighton Jones LLC raised its holdings in Comcast by 150.9% in the 4th quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock valued at $6,240,000 after acquiring an additional 99,986 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in Comcast by 34.5% during the second quarter. Harbor Capital Advisors Inc. now owns 1,528 shares of the cable giant’s stock valued at $55,000 after purchasing an additional 392 shares in the last quarter. Sovran Advisors LLC bought a new stake in Comcast during the second quarter worth $229,000. Focus Financial Network Inc. lifted its stake in Comcast by 9.0% during the second quarter. Focus Financial Network Inc. now owns 24,112 shares of the cable giant’s stock worth $861,000 after purchasing an additional 1,990 shares during the last quarter. Finally, KMG Fiduciary Partners LLC boosted its holdings in shares of Comcast by 5.7% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 50,420 shares of the cable giant’s stock valued at $1,799,000 after purchasing an additional 2,715 shares in the last quarter. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast News Summary

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: MarketBeat highlights Comcast’s low P/E (~7x) and a ~4.5% yield, arguing the stock combines high yield with rebound potential as core results are expected to grow despite divestitures; institutional buying in early January is cited as supportive. 3 Low P/E Stocks: Separating Multibaggers From a Value Trap
• Positive Sentiment: Reports that Comcast has spun off Versant (new media vehicle) suggest potential value‑unlocking for shareholders if the market re-rates separated assets. This kind of corporate action can catalyze long-term upside. Comcast spins off Versant, unleashing a new media power on Wall Street
• Positive Sentiment: NBCUniversal’s push into live sports (Olympics, Super Bowl, NBA All‑Star and recent rights spending) should help differentiate the media network, supporting ad and subscription revenue over the next few quarters. NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
• Neutral Sentiment: Zacks notes elevated investor attention on CMCSA and reviews factors that will drive performance; this is informational but not a clear directional catalyst. Comcast Corporation (CMCSA) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Local retail expansion (new Xfinity store in Chehalis, WA) is positive for customer access and brand presence but is a small operational item unlikely to move the stock on its own. Chehalis Welcomes First Xfinity Store
• Negative Sentiment: Analyst pressure: Sanford C. Bernstein trimmed its price target to $32 (from $34) and kept a “market perform” rating — a reminder that analysts see limited near‑term upside, which can weigh on sentiment. Bernstein adjusts price target on Comcast
• Negative Sentiment: Consensus analyst stance remains cautious (many Holds), which mutes momentum until clearer evidence of revenue/earnings inflection or successful asset re‑rating emerges. Comcast Receives Consensus Rating of “Hold”

About Comcast

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.