Rosenblatt Securities Reaffirms Buy Rating for Comcast (NASDAQ:CMCSA)

Comcast (NASDAQ:CMCSA)‘s stock had its “buy” rating restated by equities researchers at Rosenblatt Securities in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $31.00 target price on the cable giant’s stock. Rosenblatt Securities’ price objective points to a potential upside of 39.01% from the company’s previous close.

CMCSA has been the subject of several other reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a report on Monday, July 6th. Citigroup cut their price objective on shares of Comcast from $35.50 to $32.00 and set a “buy” rating on the stock in a research report on Monday, June 29th. Barclays set a $26.00 target price on shares of Comcast and gave the company an “equal weight” rating in a research note on Friday. The Goldman Sachs Group decreased their target price on shares of Comcast from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $28.00 price target on shares of Comcast in a research note on Monday, July 13th. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $32.96.

Comcast Trading Up 1.7%

Shares of NASDAQ CMCSA opened at $22.30 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.80 and a debt-to-equity ratio of 0.94. Comcast has a 12 month low of $21.28 and a 12 month high of $34.45. The company has a market cap of $79.66 billion, a price-to-earnings ratio of 7.22, a P/E/G ratio of 1.84 and a beta of 0.67. The business has a fifty day simple moving average of $23.82 and a 200-day simple moving average of $27.26.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $29.94 billion for the quarter, compared to analyst estimates of $29.24 billion. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The firm’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.25 earnings per share. Sell-side analysts predict that Comcast will post 3.47 EPS for the current year.

Institutional Trading of Comcast

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CMCSA. Vanguard Group Inc. lifted its position in Comcast by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock worth $11,038,712,000 after purchasing an additional 2,160,829 shares during the period. State Street Corp increased its holdings in Comcast by 3.4% in the 4th quarter. State Street Corp now owns 186,805,081 shares of the cable giant’s stock valued at $5,583,604,000 after buying an additional 6,117,946 shares during the period. Capital World Investors raised its stake in shares of Comcast by 20.8% in the 4th quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock valued at $4,194,929,000 after buying an additional 24,166,881 shares in the last quarter. Dodge & Cox lifted its holdings in shares of Comcast by 0.4% during the 4th quarter. Dodge & Cox now owns 112,967,514 shares of the cable giant’s stock worth $3,376,599,000 after acquiring an additional 399,596 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Comcast by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 89,913,362 shares of the cable giant’s stock worth $2,680,747,000 after acquiring an additional 1,465,428 shares during the period. Institutional investors and hedge funds own 84.32% of the company’s stock.

More Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast beat second-quarter estimates, with adjusted EPS of $1.04 and revenue of $29.94 billion, both above Wall Street expectations. The beat was supported by record wireless additions, stronger studio performance, and improving broadband trends. Comcast Reports 2nd Quarter 2026 Results
• Positive Sentiment: Peacock turned profitable for the first time, adding 2 million paid subscribers to reach 48 million, which is boosting sentiment around Comcast’s media and streaming turnaround. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
• Positive Sentiment: Management said broadband repositioning, wireless growth, and the planned NBCUniversal/Sky separation are progressing, while Rosenblatt reiterated a Buy rating and a $31 price target, implying meaningful upside from recent levels. CMCSA Q2 Earnings Call Highlights Broadband Pivot and Wireless Growth
• Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income profile, but this is unlikely to be the main driver of the stock’s move today.
• Neutral Sentiment: Recent short-interest data was effectively flat at zero, so there is no clear short-squeeze or bearish positioning signal helping explain the move.
• Negative Sentiment: Offsetting the positives, domestic broadband customer losses continued and second-quarter profit was lower year over year, which keeps pressure on Comcast’s core connectivity business. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses
• Negative Sentiment: Some investors were also disappointed that Comcast paused share repurchases while it prepares for the planned business separation, reducing a prior source of stock support. Comcast slips as broadband losses and buyback pause overshadow Q2 beat

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.