Rosenblatt Securities Reiterates “Buy” Rating for Comcast (NASDAQ:CMCSA)

Comcast (NASDAQ:CMCSA)‘s stock had its “buy” rating reaffirmed by investment analysts at Rosenblatt Securities in a research report issued on Friday,Benzinga reports. They currently have a $31.00 target price on the cable giant’s stock. Rosenblatt Securities’ price target points to a potential upside of 41.42% from the stock’s current price.

A number of other research firms have also weighed in on CMCSA. The Goldman Sachs Group dropped their target price on Comcast from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, July 2nd. Zacks Research upgraded Comcast from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Evercore increased their price target on Comcast from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Freedom Capital upgraded Comcast to a “hold” rating in a research note on Friday, June 12th. Finally, Moffett Nathanson cut their price objective on shares of Comcast from $53.00 to $52.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $33.38.

Comcast Trading Down 6.8%

CMCSA opened at $21.92 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.87 and a quick ratio of 0.87. Comcast has a fifty-two week low of $21.91 and a fifty-two week high of $36.01. The firm has a market capitalization of $78.30 billion, a PE ratio of 4.31, a P/E/G ratio of 1.94 and a beta of 0.67. The company’s 50-day moving average is $23.86 and its 200 day moving average is $27.30.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $29.94 billion during the quarter, compared to the consensus estimate of $29.24 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.25 EPS. As a group, research analysts predict that Comcast will post 3.48 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Comcast

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Imprint Wealth LLC bought a new stake in Comcast in the third quarter worth about $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Comcast during the fourth quarter valued at $27,000. Whipplewood Advisors LLC increased its position in Comcast by 75.5% in the first quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock worth $27,000 after buying an additional 401 shares during the last quarter. Main Street Group LTD purchased a new position in shares of Comcast during the 1st quarter valued at $27,000. Finally, Olistico Wealth LLC purchased a new stake in Comcast in the 4th quarter worth about $29,000. 84.32% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast beat second-quarter earnings and revenue estimates, helped by record wireless additions and stronger-than-expected sales, which signals improving momentum in parts of the business. Comcast Reports 2nd Quarter 2026 Results
• Positive Sentiment: Peacock posted its first-ever quarterly profit and added 2 million paid subscribers, a notable milestone for Comcast’s streaming segment. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
• Positive Sentiment: Comcast said broadband subscriber losses narrowed for a second straight quarter, suggesting the core connectivity business may be stabilizing somewhat. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses
• Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, which supports the stock’s income appeal but is not a fresh growth catalyst.
• Negative Sentiment: Despite the beat, quarterly profit declined year over year and revenue was down slightly, reinforcing concerns about slower overall business growth. Comcast Reports Lower Profit, Narrows Domestic Broadband-Subscriber Losses
• Negative Sentiment: Investors are still worried about ongoing broadband customer losses and management’s pause in share buybacks, which removes a key source of stock support. Comcast’s broadband loss eclipses studio, streaming strength

About Comcast

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.