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

Comcast (NASDAQ:CMCSA) had its price objective lifted by equities researchers at Citigroup from $33.00 to $35.50 in a report issued on Friday, MarketBeat reports. The firm presently has a “buy” rating on the cable giant’s stock. Citigroup’s price target points to a potential upside of 28.62% from the stock’s previous close.

CMCSA has been the topic of several other reports. Deutsche Bank Aktiengesellschaft downgraded 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. BNP Paribas Exane cut their target price on Comcast from $26.00 to $25.00 and set an “underperform” rating on the stock in a research note on Wednesday, April 8th. Barclays set a $28.00 target price on Comcast and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Arete Research set a $23.00 target price on Comcast in a research note on Tuesday, January 6th. Finally, Bank of America upgraded Comcast from a “neutral” rating to a “buy” rating and increased their target price for the company from $31.00 to $37.00 in a research note on Monday, January 12th. Eight equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Comcast has an average rating of “Hold” and an average price target of $34.94.

Comcast Stock Performance

Shares of CMCSA opened at $27.60 on Friday. The business’s fifty day simple moving average is $29.73 and its two-hundred day simple moving average is $29.07. The company has a current ratio of 0.87, a quick ratio of 0.88 and a debt-to-equity ratio of 1.01. Comcast has a 12 month low of $25.75 and a 12 month high of $36.66. The company has a market cap of $99.30 billion, a price-to-earnings ratio of 5.43, a P/E/G ratio of 2.63 and a beta of 0.80.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, April 23rd. The cable giant reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The business had revenue of $31.46 billion for the quarter, compared to the consensus estimate of $30.42 billion. During the same period last year, the business posted $1.09 EPS. The company’s revenue was up 5.3% compared to the same quarter last year. Research analysts anticipate that Comcast will post 3.46 earnings per share for the current fiscal year.

Insider Activity

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

Hedge Funds Weigh In On Comcast

A number of institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. raised its holdings in Comcast by 9.7% in the 3rd quarter. Principal Financial Group Inc. now owns 7,536,937 shares of the cable giant’s stock worth $236,810,000 after purchasing an additional 665,635 shares during the period. Ashton Thomas Private Wealth LLC raised its holdings in Comcast by 75.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 340,764 shares of the cable giant’s stock worth $10,707,000 after purchasing an additional 146,339 shares during the period. Rothschild & Co Wealth Management UK Ltd raised its holdings in Comcast by 1.0% in the 3rd quarter. Rothschild & Co Wealth Management UK Ltd now owns 11,327,445 shares of the cable giant’s stock worth $355,908,000 after purchasing an additional 113,461 shares during the period. Candriam S.C.A. raised its holdings in Comcast by 3.5% in the 3rd quarter. Candriam S.C.A. now owns 952,154 shares of the cable giant’s stock worth $29,917,000 after purchasing an additional 32,262 shares during the period. Finally, Access Investment Management LLC raised its holdings in Comcast by 29.5% in the 3rd quarter. Access Investment Management LLC now owns 177,365 shares of the cable giant’s stock worth $5,573,000 after purchasing an additional 40,360 shares during the period. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

More Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q1 results topped expectations — Comcast beat on revenue and adjusted EPS (revenue $31.46B, adj. EPS $0.79) and cited strong advertising driven by the Winter Olympics and Super Bowl, plus improving broadband net losses and record wireless additions. Comcast beats estimates
• Positive Sentiment: Advertising and content strength appears durable in Q1 (Olympics + Super Bowl) and Peacock is moving toward profitability — near‑term ad tailwinds and streaming progress support revenue upside. Ad sales spike
• Positive Sentiment: Multiple sell‑side firms raised targets or reiterated constructive ratings after the print (Citigroup, Evercore, Scotiabank, Morgan Stanley, RBC among others), signaling analyst support and potential upside from current levels. Analyst target changes
• Neutral Sentiment: Some data items are noisy: a short‑interest note in the feed shows an anomalous “0 shares / NaN” reading (likely a data glitch), so short‑interest signals aren’t meaningful from that entry.
• Neutral Sentiment: Value/valuation debate is active — several writeups argue CMCSA may offer upside on DCF and P/E metrics, keeping the stock on value investors’ watchlists. Is Comcast offering value?
• Negative Sentiment: Sector/peer weakness: Charter’s sharp post‑earnings plunge and renewed subscriber concerns for cable peers are pressuring Comcast despite its own beat — investors are repricing risk around broadband competition (fiber/fixed wireless). Charter stock plunges — why Comcast is falling too
• Negative Sentiment: Profit‑taking and heavy trading volume after an initial ~8% post‑earnings pop, plus reported insider sales and large institutional repositioning noted in datasets, likely amplified the down‑move today.
• Negative Sentiment: Operational caveat: adjusted EPS is below last year’s ($0.79 vs $1.09), and broadband still lost customers (improved but negative net adds), leaving execution risk if competition intensifies. Broadband losses improved

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.