Morgan Stanley Raises Comcast (NASDAQ:CMCSA) Price Target to $33.00

Comcast (NASDAQ:CMCSA) had its target price boosted by analysts at Morgan Stanley from $31.00 to $33.00 in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The brokerage presently has an “equal weight” rating on the cable giant’s stock. Morgan Stanley’s price target indicates a potential upside of 19.57% from the stock’s previous close.

Several other equities analysts also recently commented on CMCSA. Rosenblatt Securities reiterated a “neutral” rating and issued a $30.00 target price on shares of Comcast in a research report on Friday, January 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a research report on Wednesday, April 8th. Sanford C. Bernstein dropped their target price on Comcast from $34.00 to $32.00 and set a “market perform” rating for the company in a research report on Thursday, January 15th. Wall Street Zen upgraded Comcast to a “hold” rating in a research report on Saturday, March 14th. Finally, Zacks Research upgraded Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $34.94.

Comcast Stock Performance

NASDAQ:CMCSA opened at $27.60 on Friday. The stock’s 50-day simple moving average is $29.73 and its 200 day simple moving average is $29.07. The firm has a market capitalization of $99.30 billion, a PE ratio of 5.43, a price-to-earnings-growth ratio of 2.63 and a beta of 0.80. The company has a quick ratio of 0.88, a current ratio of 0.87 and a debt-to-equity ratio of 1.01. Comcast has a twelve month low of $25.75 and a twelve month high of $36.66.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 earnings per share 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 analyst estimates of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.Comcast’s revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted $1.09 earnings per share. On average, analysts anticipate that Comcast will post 3.46 EPS 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 dated Wednesday, February 11th. The stock was sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.32% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CMCSA. Imprint Wealth LLC purchased a new position in shares of Comcast during the third quarter valued at approximately $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Comcast during the fourth quarter valued at approximately $27,000. United Financial Planning Group LLC purchased a new position in shares of Comcast during the third quarter valued at approximately $28,000. Olistico Wealth LLC purchased a new position in shares of Comcast during the fourth quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. boosted its position in shares of Comcast by 212.6% during the fourth quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after buying an additional 691 shares during the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Key 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.