Comcast (NASDAQ:CMCSA – Get Free Report) was downgraded by Arete Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.
CMCSA has been the topic of a number of other reports. Benchmark decreased their target price on Comcast from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday. Barclays reduced their price objective on Comcast from $34.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, November 3rd. Evercore ISI lowered their price objective on Comcast from $40.00 to $35.00 and set an “outperform” rating on the stock in a research report on Friday, October 31st. Arete lowered Comcast from a “neutral” rating to a “sell” rating and set a $23.00 target price for the company. in a research note on Tuesday. Finally, KeyCorp downgraded shares of Comcast from an “overweight” rating to a “sector weight” rating in a research note on Thursday, October 30th. Eleven analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $35.37.
Get Our Latest Stock Report on Comcast
Comcast Stock Down 2.5%
Comcast (NASDAQ:CMCSA – Get Free Report) last announced its earnings results on Monday, March 13th. The cable giant reported $0.77 earnings per share (EPS) for the quarter. Comcast had a net margin of 18.33% and a return on equity of 18.06%. The business had revenue of $30.34 billion for the quarter. As a group, sell-side analysts anticipate that Comcast will post 4.33 earnings per share for the current year.
Hedge Funds Weigh In On Comcast
Institutional investors and hedge funds have recently made changes to their positions in the company. Capital A Wealth Management LLC raised its position in Comcast by 173.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock valued at $25,000 after buying an additional 436 shares during the last quarter. Imprint Wealth LLC acquired a new position in shares of Comcast during the 3rd quarter worth approximately $26,000. Cranbrook Wealth Management LLC raised its position in shares of Comcast by 86.0% in the second quarter. Cranbrook Wealth Management LLC now owns 757 shares of the cable giant’s stock valued at $27,000 after purchasing an additional 350 shares during the period. Global Trust Asset Management LLC lifted its holdings in Comcast by 906.8% during the 2nd quarter. Global Trust Asset Management LLC now owns 745 shares of the cable giant’s stock worth $27,000 after purchasing an additional 671 shares during the last quarter. Finally, Avalon Trust Co grew its stake in shares of Comcast by 433.3% in the second quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock valued at $27,000 after acquiring an additional 624 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.
Key Comcast News
Here are the key news stories impacting Comcast this week:
- Positive Sentiment: Benchmark kept a “buy” rating and trimmed its price target slightly to $44, signaling still-constructive analyst support and a sizable implied upside relative to current levels. Benchmark adjusts price target
- Positive Sentiment: Coverage and value-oriented pieces point to Comcast’s strong free cash flow, solid dividend and diversified businesses (broadband, wireless, parks, advertising) — a narrative that supports a longer-term recovery if earnings execution continues. MarketBeat CMCSA value thesis
- Positive Sentiment: Some coverage notes Comcast can benefit from the Versant separation — letting management focus capital on broadband, wireless and Peacock — which could improve margins and strategy clarity over time. Seeking Alpha on Comcast positives
- Neutral Sentiment: Comcast is scheduled to report Q4 2025 results soon; previews note items investors will watch (broadband adds, advertising recovery, Peacock trends, parks performance). Upcoming results can drive near-term volatility. Yahoo Finance earnings preview
- Neutral Sentiment: Product and strategy news: Xumo (Comcast-related) launched an identity solution to improve streaming ad targeting — a small positive for ad revenue potential but unlikely to move the stock immediately. BusinessWire on Xumo
- Negative Sentiment: Versant’s market debut was weak — shares slid on their first day — which raises questions about market appetite for the carved-out media assets and may have increased near-term uncertainty over valuation realization from the spin-off. MarketWatch on Versant debut
- Negative Sentiment: Arete downgraded Comcast from “neutral” to “sell” and set a $23 target, a bearish signal that can pressure sentiment and trigger short-term selling from funds sensitive to analyst ratings. TickerReport on Arete downgrade
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.
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