Comcast (CMCSA) Stock Forecast & Price Target

$43.91 -0.13 (-0.30%)

(As of 11/13/2024 ET)

Comcast - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

Sell
1

Hold
6

Buy
10

Based on 17 Wall Street analysts who have issued ratings for Comcast in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 1 has given a sell rating, 6 have given a hold rating, and 10 have given a buy rating for CMCSA.

Consensus Price Target

$46.75
6.47% Upside

According to the 17 analysts' twelve-month price targets for Comcast, the average price target is $46.75. The highest price target for CMCSA is $55.00, while the lowest price target for CMCSA is $34.00. The average price target represents a forecasted upside of 6.47% from the current price of $43.91.

CMCSA Analyst Ratings Over Time

Type	Current Forecast 11/15/23 to 11/14/24	1 Month Ago 10/16/23 to 10/15/24	3 Months Ago 8/17/23 to 8/16/24	1 Year Ago 11/15/22 to 11/15/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	13 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$46.75	$45.55	$45.78	$49.43
Forecasted Upside	6.47% Upside	8.17% Upside	15.55% Upside	16.24% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy

Top "Sleeping Giant" Crypto In The Market Now (Ad)

Top "Sleeping Giant" Crypto In The Market Now We're looking at potential returns that could rewrite your financial future.

Click here to discover our #1 crypto pick before it's too late

CMCSA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CMCSA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Comcast Stock vs. The Competition

Type	Comcast	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.53	2.57	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	6.47% Upside	1,169.07% Upside	8.03% Upside
News Sentiment Rating	Positive News See Recent CMCSA News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/6/2024	Rosenblatt Securities 3 of 5 stars		Reiterated Rating	Neutral ➝ Neutral	$45.00 ➝ $45.00	+5.73%
11/4/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$40.00 ➝ $42.00	-3.58%
11/1/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$43.00 ➝ $46.00	+5.60%
11/1/2024	Pivotal Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$47.00 ➝ $54.00	+23.88%
11/1/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$49.00 ➝ $50.00	+13.77%
11/1/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $48.00	+9.22%
Election warning coming true… (Ad) If you missed it, my emergency election broadcast is now available - watch it before it's too late. Click here to watch it now.
11/1/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$40.00 ➝ $40.00	-9.34%
11/1/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$44.00 ➝ $47.00	+6.07%
11/1/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Yaghi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform	$47.75 ➝ $48.00	+9.92%
10/30/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$55.00 ➝ $55.00	+30.64%
7/2/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$50.00 ➝ $48.00	+26.02%
6/25/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Ng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$44.00	+14.35%
6/24/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Joyce Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
6/11/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Mchugh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$34.00	-12.35%
4/29/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$53.00 ➝ $48.00	+23.58%
4/3/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$55.00	+32.15%
2/15/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$50.00 ➝ $44.00	+4.71%
10/5/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$46.00	+6.93%
9/25/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$48.00 ➝ $49.00	+8.17%
8/9/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$45.00 ➝ $50.00	+10.30%
8/2/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Peer Perform
7/28/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$50.00 ➝ $53.00	+15.52%
7/28/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$49.00 ➝ $55.00	+21.28%
7/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$50.00 ➝ $54.00	+19.07%
7/24/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$48.00 ➝ $50.00	+15.58%
4/28/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$35.00 ➝ $41.00	+1.81%
4/18/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$36.00 ➝ $44.00	+15.52%
2/22/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
1/27/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$60.00 ➝ $56.00	+40.92%
1/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$49.00 ➝ $46.00	+13.83%
1/5/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$50.00	+36.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:06 AM ET.

Should I Buy Comcast Stock? CMCSA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 18, 2024. Please send any questions or comments about these Comcast pros and cons to contact@marketbeat.com.

Comcast
Bull Case

Here are some ways that investors could benefit from investing in Comcast Co.:

Comcast Co. stock price is currently at an attractive level, providing a potential entry point for investors.
Comcast Co. reported strong quarterly earnings, surpassing analysts' expectations, indicating a healthy financial performance.
Comcast Co. operates in various segments including media, studios, and theme parks, diversifying its revenue streams.
Comcast Co. has a solid dividend payout ratio of 32.80%, offering investors a steady income stream.
Analysts have given Comcast Co. a consensus rating of "Hold" with an average price target of $45.78, suggesting potential upside.

Comcast
Bear Case

Investors should be bearish about investing in Comcast Co. for these reasons:

Comcast Co. has experienced a decline in quarterly revenue, signaling potential challenges in revenue growth.
There is a mixed sentiment among analysts, with some issuing hold ratings, indicating uncertainty in the company's future performance.
Comcast Co. operates in a competitive industry with evolving technologies, posing risks of disruption and market share loss.
The company's debt-to-equity ratio of 1.16 may raise concerns about its leverage and financial stability.
Comcast Co.'s stock performance has been fluctuating, reflecting market volatility and potential investor uncertainty.

CMCSA Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Comcast is $46.75, with a high forecast of $55.00 and a low forecast of $34.00.
: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comcast in the last year. There is currently 1 sell rating, 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMCSA shares.
: According to analysts, Comcast's stock has a predicted upside of 6.47% based on their 12-month stock forecasts.
: Over the previous 90 days, Comcast's stock had 1 upgrade by analysts.
: Comcast has been rated by research analysts at Barclays, Benchmark, Deutsche Bank Aktiengesellschaft, KeyCorp, Macquarie, Pivotal Research, Rosenblatt Securities, Scotiabank, TD Cowen, and Wells Fargo & Company in the past 90 days.
: Analysts like Comcast less than other "consumer discretionary" companies. The consensus rating score for Comcast is 2.53 while the average consensus rating score for "consumer discretionary" companies is 2.57. Learn more on how CMCSA compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

625,000% Gain (Ad)

Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.

>> Dive into the Workshop Here

This page (NASDAQ:CMCSA) was last updated on 11/14/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Comcast (CMCSA) Stock Forecast & Price Target