Comcast (NASDAQ:CMCSA) Stock Price Expected to Rise, Scotiabank Analyst Says

Comcast (NASDAQ:CMCSA) had its price target upped by equities research analysts at Scotiabank from $34.00 to $36.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage presently has a “sector perform” rating on the cable giant’s stock. Scotiabank’s target price would suggest a potential upside of 22.23% from the stock’s previous close.

Several other research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Comcast from a “buy” rating to a “hold” rating and set a $34.00 target price on the stock. in a research note on Friday. TD Cowen lowered their target price on shares of Comcast from $40.00 to $39.00 and set a “buy” rating for the company in a report on Friday, January 30th. Pivotal Research cut shares of Comcast from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Barclays set a $28.00 price target on Comcast and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Benchmark reduced their price target on Comcast from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Nine research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Comcast has a consensus rating of “Hold” and a consensus price target of $35.13.

Comcast Trading Down 6.9%

Shares of CMCSA stock traded down $2.19 on Friday, reaching $29.45. 3,732,290 shares of the stock were exchanged, compared to its average volume of 32,797,797. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Comcast has a one year low of $25.75 and a one year high of $36.66. The stock has a market cap of $105.96 billion, a PE ratio of 5.49, a P/E/G ratio of 2.44 and a beta of 0.80. The stock has a 50 day moving average price of $29.81 and a 200 day moving average price of $29.11.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The business had revenue of $31.46 billion for the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.09 earnings per share. Equities research analysts forecast that Comcast will post 3.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Michael J. Cavanagh sold 57,947 shares of Comcast stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the transaction, the chief executive officer directly owned 622,336 shares of the company’s stock, valued at $20,325,493.76. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.32% of the company’s stock.

Institutional Trading of Comcast

Several hedge funds have recently added to or reduced their stakes in CMCSA. Imprint Wealth LLC acquired a new position in Comcast in the third quarter valued at about $26,000. United Financial Planning Group LLC bought a new position in shares of Comcast during the 3rd quarter valued at about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Comcast during the 4th quarter valued at about $27,000. Olistico Wealth LLC acquired a new position in shares of Comcast in the 4th quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. grew its position in shares of Comcast by 212.6% in the 4th quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after purchasing an additional 691 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: Q1 financial beat — Comcast reported adjusted EPS of $0.79 vs. $0.73 expected and revenue of $31.46B (vs. ~$30.4B est.), driven by advertising and content strength. This is the principal catalyst for the rally as top- and bottom-line beats reduce short-term uncertainty. Comcast beats estimates on sports boost, easing broadband losses
• Positive Sentiment: Sports-driven ad spike and content momentum — incremental ad revenue from the Milan Cortina Winter Olympics and Super Bowl LX materially boosted the Content segment and helped revenue growth. Winter Olympics and Super Bowl power Comcast’s Q1 ad sales spike
• Positive Sentiment: Connectivity trends improving — domestic residential broadband net losses narrowed (to ~65k) and Comcast added a large number of wireless lines (record mobile additions), signaling stabilization in core subscriber trends that investors view as a turning point. Comcast beats revenue, earnings expectations as broadband losses improve
• Positive Sentiment: Peacock and wireless monetization outlook — management expects Peacock to approach profitability next quarter and anticipates converting the majority of free wireless lines to paid in 2H 2026, suggesting future margin improvement. Comcast anticipates converting the significant majority of free wireless lines to paid in 2H
• Neutral Sentiment: New wireless plans / product expansion — Xfinity Mobile launched premium plans (Mobile Plus, Mobile Select) that could help ARPU and customer retention, but impact will be gradual. Xfinity Mobile Launches Mobile Plus and Mobile Select
• Neutral Sentiment: Valuation debate — DCF / P/E analyses have suggested potential upside versus the market price, which supports buy-side interest but depends on execution (broadband stabilization, Peacock profitability). Is Comcast (CMCSA) Offering Value After DCF And P/E Suggest Large Upside To Fair Value?
• Negative Sentiment: Longer-term subscriber pressure and share drag — despite improvement this quarter, Comcast’s stock has been pressured by a year-long decline tied to persistent broadband subscriber losses; investors will watch whether the improvement sustains. Comcast Stock Is in a Slump. Earnings Must Show Its Subscriber Exodus Is Slowing.
• Negative Sentiment: Insider/institutional flows — recent filings show notable institutional position changes and some insider selling; while not unusual, these actions can weigh on sentiment if execution slips. Comcast shares jump as Q1 results top expectations and broadband losses improve

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.