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Comcast (CMCSA) Stock Forecast & Price Target

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$43.00 +0.01 (+0.02%)
(As of 11:01 AM 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

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

$47.19
9.74% Upside
According to the 17 analysts' twelve-month price targets for Comcast, the average price target is $47.19. The highest price target for CMCSA is $60.00, while the lowest price target for CMCSA is $34.00. The average price target represents a forecasted upside of 9.74% from the current price of $43.00.
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CMCSA Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
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$47.19$45.58$45.78$49.43
Forecasted Upside9.74% Upside9.72% Upside14.97% Upside16.37% Upside
Consensus Rating
Moderate Buy
Hold
Hold
Moderate Buy

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.
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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.
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Comcast Stock vs. The Competition

TypeComcastConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.53
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside9.76% Upside1,133.17% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent CMCSA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024Benchmark
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$60.00 ➝ $60.00+39.53%
11/18/2024Macquarie
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$40.00 ➝ $42.00-2.19%
11/6/2024Rosenblatt Securities
3 of 5 stars
 Reiterated RatingNeutral ➝ Neutral$45.00 ➝ $45.00+5.73%
11/4/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$40.00 ➝ $42.00-3.58%
11/1/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$43.00 ➝ $46.00+5.60%
11/1/2024Pivotal Research
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 Boost TargetBuy ➝ Buy$47.00 ➝ $54.00+23.88%
11/1/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$49.00 ➝ $50.00+13.77%
11/1/2024TD Cowen
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 Lower TargetBuy ➝ Buy$50.00 ➝ $48.00+9.22%
11/1/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$44.00 ➝ $47.00+6.07%
11/1/2024Scotiabank
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M. Yaghi
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UpgradeSector Perform ➝ Sector Outperform$47.75 ➝ $48.00+9.92%
7/2/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$50.00 ➝ $48.00+26.02%
6/25/2024The Goldman Sachs Group
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M. Ng
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Initiated CoverageBuy$44.00+14.35%
6/24/2024Seaport Res Ptn
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D. Joyce
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DowngradeStrong-Buy ➝ Hold
6/11/2024BNP Paribas
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S. Mchugh
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DowngradeNeutral ➝ Underperform$34.00-12.35%
4/29/2024Citigroup
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 Lower TargetBuy ➝ Buy$53.00 ➝ $48.00+23.58%
4/3/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$55.00+32.15%
2/15/2024Redburn Atlantic
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 DowngradeBuy ➝ Neutral$50.00 ➝ $44.00+4.71%
10/5/2023Sanford C. Bernstein
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 Initiated CoverageMarket Perform$46.00+6.93%
9/25/2023JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$48.00 ➝ $49.00+8.17%
8/9/2023Argus
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 Boost TargetBuy ➝ Buy$45.00 ➝ $50.00+10.30%
8/2/2023Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform
7/28/2023Loop Capital
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 Boost Target$50.00 ➝ $53.00+15.52%
7/28/2023Bank of America
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 Boost TargetBuy$49.00 ➝ $55.00+21.28%
7/27/2023Credit Suisse Group
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 Boost Target$50.00 ➝ $54.00+19.07%
7/24/2023Morgan Stanley
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 Boost TargetOverweight$48.00 ➝ $50.00+15.58%
4/28/2023UBS Group
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 Boost Target$35.00 ➝ $41.00+1.81%
4/18/2023Atlantic Securities
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 UpgradeNeutral ➝ Overweight$36.00 ➝ $44.00+15.52%
2/22/2023KGI Securities
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 DowngradeOutperform ➝ Neutral
1/27/2023TD Securities
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 Lower TargetBuy$60.00 ➝ $56.00+40.92%
1/27/2023Cowen
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 Lower TargetOutperform$49.00 ➝ $46.00+13.83%
1/5/2023Truist Financial
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 UpgradeHold ➝ 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 11:12 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 Thursday, October 24, 2024. Please send any questions or comments about these Comcast pros and cons to contact@marketbeat.com.

Comcast
Bull Case

green Wall Street bull icon

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

red Wall Street bear icon

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 $47.19, with a high forecast of $60.00 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 9.74% based on their 12-month stock forecasts.

Over the previous 90 days, Comcast's stock had 1 upgrade by analysts.

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 2.56. Learn more on how CMCSA compares to other companies.


This page (NASDAQ:CMCSA) was last updated on 11/21/2024 by MarketBeat.com Staff
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