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

Comcast (NASDAQ:CMCSA) had its target price lowered by equities researchers at Sanford C. Bernstein from $34.00 to $32.00 in a research report issued on Thursday,MarketScreener reports. The firm presently has a “market perform” rating on the cable giant’s stock. Sanford C. Bernstein’s price target would suggest a potential upside of 12.87% from the company’s current price.

Other research analysts have also issued reports about the stock. TD Cowen dropped their price objective on shares of Comcast from $46.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Seaport Res Ptn cut shares of Comcast from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 31st. Arete Research set a $23.00 price target on Comcast in a research note on Tuesday, January 6th. Cowen reissued a “buy” rating on shares of Comcast in a research note on Friday, October 31st. Finally, Royal Bank Of Canada dropped their target price on Comcast from $38.00 to $32.00 and set a “sector perform” rating on the stock in a report on Friday, October 31st. Twelve equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $34.92.

Comcast Stock Down 0.2%

Comcast stock traded down $0.07 during mid-day trading on Thursday, reaching $28.35. The stock had a trading volume of 30,590,547 shares, compared to its average volume of 32,070,049. The firm has a market capitalization of $103.30 billion, a PE ratio of 4.72, a price-to-earnings-growth ratio of 2.03 and a beta of 0.81. Comcast has a fifty-two week low of $25.75 and a fifty-two week high of $38.40. The stock’s 50-day simple moving average is $28.07 and its 200-day simple moving average is $30.90. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88.

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

Hedge Funds Weigh In On Comcast

Several institutional investors have recently added to or reduced their stakes in CMCSA. Capital A Wealth Management LLC grew its position in shares of Comcast by 173.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock valued at $25,000 after acquiring an additional 436 shares during the period. Imprint Wealth LLC bought a new stake in shares of Comcast in the 3rd quarter worth approximately $26,000. Cranbrook Wealth Management LLC lifted its stake in 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 last quarter. Global Trust Asset Management LLC grew its holdings in Comcast by 906.8% during the second quarter. Global Trust Asset Management LLC now owns 745 shares of the cable giant’s stock valued at $27,000 after purchasing an additional 671 shares during the period. Finally, Avalon Trust Co increased its position in Comcast by 433.3% in the second quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock worth $27,000 after buying an additional 624 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast News Summary

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: BofA upgraded CMCSA to Buy and raised its price target to $37, signaling stronger analyst conviction that media consolidation and 2026 content/sports dynamics could drive multiple expansion. BofA Upgrades Comcast to Buy
• Positive Sentiment: Market commentary highlights CMCSA’s low P/E and 4%+ yield with rebound potential in 2026, framing the stock as a value play that could outperform if fundamentals normalize and analyst targets re-rate higher. Comcast Combines High Yield With Rebound Potential
• Positive Sentiment: NBCUniversal is leaning into live sports (Winter Olympics, Super Bowl, NBA All‑Star) after sizable rights investments—live sports can boost advertising, affiliate fees and viewership differentiation for the company’s media segment. NBCUniversal strategically leans into sports
• Positive Sentiment: Comcast announced local expansion and customer-facing retail openings (new Xfinity store in Chehalis, WA), and continued infrastructure upgrades in Massachusetts public/affordable housing—incremental distribution and community partnerships support broadband penetration and upsell opportunities. Chehalis Welcomes First Xfinity Store Comcast Upgrades Broadband Infrastructure in Massachusetts
• Neutral Sentiment: There’s unusually large options volume in CMCSA, which can indicate heightened interest but is ambiguous on direction—traders should watch put/call skew and expirations for clues. Comcast Sees Unusually Large Options Volume
• Neutral Sentiment: Coverage notes and feature pieces (e.g., Yahoo/Globe & Mail) are debating whether current pricing represents an opportunity after multi‑year weakness—these narratives support both value buyers and continued skepticism. Is Comcast Pricing Offer A Genuine Opportunity
• Negative Sentiment: Several outlets report a consensus analyst stance of “Hold” (including Barclays and aggregate analyst ratings), which caps immediate upside and keeps investor expectations tempered despite selective upgrades. Barclays Remains a Hold on Comcast (CMCSA) 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.