Comcast (CMCSA) Stock Forecast & Price Target

$42.56 -0.08 (-0.19%)

(As of 05:54 PM 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, 9 have given a buy rating, and 1 has given a strong buy rating for CMCSA.

Consensus Price Target

$47.19
10.87% 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 10.87% from the current price of $42.56.

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CMCSA Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 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 Upside	10.87% Upside	8.95% Upside	16.01% Upside	18.07% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy

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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	2.59	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	10.87% Upside	1,220.02% Upside	6.71% 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
11/21/2024	Evercore ISI 2 of 5 stars	K. Maral Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
11/19/2024	Benchmark 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$60.00 ➝ $60.00	+39.53%
11/18/2024	Macquarie 1 of 5 stars		Boost Target	Neutral ➝ Neutral	$40.00 ➝ $42.00	-2.19%
11/6/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$45.00 ➝ $45.00	+5.73%
11/4/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$40.00 ➝ $42.00	-3.58%
11/1/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$43.00 ➝ $46.00	+5.60%
Get the Latest News and Ratings for CMCSA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Comcast and its competitors with MarketBeat's FREE daily newsletter.
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%
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%
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 Wednesday at 07:39 PM 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, November 22, 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. recently reported earnings of $1.12 per share, exceeding analyst expectations of $1.06, indicating strong financial performance and effective management.
The company has shown a year-over-year revenue increase of 6.5%, reflecting growth in its business operations and potential for future profitability.
With a current stock price of $42.99, Comcast Co. is trading near its 12-month high of $47.11, suggesting positive market sentiment and potential for further appreciation.
Analysts have a consensus rating of "Moderate Buy" for Comcast Co., with a price target averaging $47.19, indicating confidence in the stock's upward potential.
The company has declared a quarterly dividend of $0.31, providing a dividend yield of approximately 2.88%, which can be attractive for income-focused investors.

Comcast
Bear Case

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

Despite recent growth, Comcast Co. has a debt-to-equity ratio of 1.14, which indicates a relatively high level of debt compared to equity, potentially increasing financial risk.
The current ratio of 0.72 suggests that the company may have difficulty meeting its short-term liabilities, which could be a concern for liquidity.
One analyst has rated the stock with a sell rating, indicating that there are concerns about the company's future performance among some market participants.
Market volatility, as indicated by a beta of 1.00, suggests that Comcast Co.'s stock price may fluctuate in line with the overall market, which could pose risks for investors.
While the company has a solid revenue base, competition in the media and technology sectors is intense, which could impact future growth and profitability.

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Comcast in the last year. There is currently 1 sell rating, 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CMCSA shares.
: According to analysts, Comcast's stock has a predicted upside of 10.87% based on their 12-month stock forecasts.
: Over the previous 90 days, Comcast's stock had 2 upgrades by analysts.
: Comcast has been rated by research analysts at Barclays, Benchmark, Deutsche Bank Aktiengesellschaft, Evercore ISI, KeyCorp, Macquarie, Pivotal Research, Rosenblatt Securities, Scotiabank, TD Cowen, and Wells Fargo & Company in the past 90 days.
: Analysts like Comcast more than other "consumer discretionary" companies. The consensus rating score for Comcast is 2.59 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how CMCSA compares to other companies.

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This page (NASDAQ:CMCSA) was last updated on 11/27/2024 by MarketBeat.com Staff

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Comcast (CMCSA) Stock Forecast & Price Target