Comcast (NASDAQ:CMCSA – Get Free Report) had its price target decreased by BNP Paribas Exane from $28.10 to $28.00 in a report released on Tuesday,MarketScreener reports. The brokerage currently has a “neutral” rating on the cable giant’s stock. BNP Paribas Exane’s price objective would suggest a potential downside of 1.44% from the company’s current price.
Several other brokerages have also recently issued reports on CMCSA. Bank of America upgraded shares of Comcast from a “neutral” rating to a “buy” rating and raised their target price for the stock from $31.00 to $37.00 in a report on Monday, January 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Comcast in a report on Friday, January 9th. Daiwa Capital Markets lowered their price objective on shares of Comcast from $38.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, November 18th. KeyCorp cut Comcast from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 30th. Finally, TD Cowen restated a “buy” rating on shares of Comcast in a report on Friday, October 31st. Eleven investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $35.47.
Get Our Latest Report on CMCSA
Comcast Stock Down 1.0%
Comcast (NASDAQ:CMCSA – Get Free Report) last issued its earnings results on Thursday, October 30th. The cable giant reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.02. The company had revenue of $31.20 billion during the quarter, compared to analysts’ expectations of $30.74 billion. Comcast had a return on equity of 18.06% and a net margin of 18.33%.Comcast’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.12 EPS. On average, equities analysts expect that Comcast will post 4.33 EPS for the current year.
Hedge Funds Weigh In On Comcast
Several institutional investors and hedge funds have recently added to or reduced their stakes in CMCSA. Argyle Capital Management LLC lifted its position in Comcast by 0.5% during the 2nd quarter. Argyle Capital Management LLC now owns 61,186 shares of the cable giant’s stock valued at $2,184,000 after acquiring an additional 300 shares during the period. Cape Investment Advisory Inc. increased its stake in shares of Comcast by 2.6% during the second quarter. Cape Investment Advisory Inc. now owns 12,275 shares of the cable giant’s stock valued at $438,000 after purchasing an additional 307 shares in the last quarter. Coign Capital Advisors LLC lifted its holdings in shares of Comcast by 2.1% during the second quarter. Coign Capital Advisors LLC now owns 15,919 shares of the cable giant’s stock valued at $568,000 after purchasing an additional 324 shares during the last quarter. Live Oak Investment Partners grew its stake in shares of Comcast by 1.2% in the 2nd quarter. Live Oak Investment Partners now owns 28,392 shares of the cable giant’s stock worth $1,013,000 after buying an additional 328 shares during the last quarter. Finally, OneAscent Family Office LLC increased its position in Comcast by 4.9% during the 2nd quarter. OneAscent Family Office LLC now owns 7,048 shares of the cable giant’s stock valued at $252,000 after buying an additional 332 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.
Key Headlines Impacting Comcast
Here are the key news stories impacting Comcast this week:
- Positive Sentiment: Xfinity will offer RealTime4K streaming for Super Bowl LX — a product/marketing push that can boost subscriber engagement and premium streaming usage around a marquee live event. Xfinity Introduces RealTime4K for Super Bowl LX
- Positive Sentiment: Versant Media Group spin‑off continues to reshape Comcast’s core business map — investors may view the separation as value‑unlocking and a way to sharpen Comcast’s focus on core broadband/entertainment operations. Is Comcast Quietly Redrawing Its Core Business Map With the Versant Spin-Off?
- Neutral Sentiment: Multiple preview pieces are setting expectations for Comcast’s upcoming Q4 earnings, highlighting revenue mix, ad trends and subscriber dynamics — these previews increase short‑term volatility around the print but don’t change fundamentals until results are released. Comcast Gears Up to Report Q4 Earnings
- Neutral Sentiment: Analysts and market commentaries see the stock potentially range‑bound after the spin‑off and recent technical setup — expect trading to be driven by quarterly results and subscriber/ad revenue data. Why Comcast Stock May Stay Tuned To A Range
- Neutral Sentiment: Reported short‑interest figures for late January show apparent large increases but the published totals contain zeros/NaN values — the data looks unreliable; if genuine, rising short interest would be a bearish signal, but the anomaly makes the item ambiguous for immediate trading decisions.
- Negative Sentiment: BNP Paribas Exane trimmed its price target slightly to $28.00 and maintained a “neutral” rating — this modest cut signals limited upside from current levels and may weigh on investor sentiment near the stock’s recent trading price. BNP Paribas Exane Adjusts Price Target on Comcast
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.
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