Scotiabank Issues Pessimistic Forecast for Comcast (NASDAQ:CMCSA) Stock Price

Comcast (NASDAQ:CMCSA) had its price objective reduced by analysts at Scotiabank from $37.50 to $35.25 in a report issued on Friday,MarketScreener reports. The firm currently has a “sector perform” rating on the cable giant’s stock. Scotiabank’s price objective would suggest a potential upside of 19.04% from the stock’s previous close.

Several other research firms also recently commented on CMCSA. Zacks Research raised Comcast from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. Pivotal Research lowered their price target on shares of Comcast from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Moffett Nathanson dropped their price objective on shares of Comcast from $58.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. JPMorgan Chase & Co. decreased their target price on shares of Comcast from $38.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Finally, TD Cowen reduced their price objective on Comcast from $40.00 to $39.00 and set a “buy” rating on the stock in a research report on Friday. Eleven research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $35.18.

Comcast Trading Up 4.2%

Comcast stock opened at $29.61 on Friday. The stock has a 50-day moving average price of $28.36 and a 200 day moving average price of $30.39. The company has a market capitalization of $107.90 billion, a price-to-earnings ratio of 4.87, a price-to-earnings-growth ratio of 2.00 and a beta of 0.81. Comcast has a 52 week low of $25.75 and a 52 week high of $37.97. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, January 29th. The cable giant reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.09. Comcast had a return on equity of 18.06% and a net margin of 18.33%.The firm had revenue of $32.31 billion for the quarter, compared to the consensus estimate of $32.35 billion. During the same quarter in the prior year, the business earned $0.96 earnings per share. The company’s revenue was up 1.2% compared to the same quarter last year. Sell-side analysts anticipate that Comcast will post 4.33 EPS for the current year.

Institutional Investors Weigh In On Comcast

Several hedge funds have recently modified their holdings of CMCSA. Norges Bank purchased a new stake in shares of Comcast during the 2nd quarter valued at $3,528,361,000. Dodge & Cox increased its stake in Comcast by 18.1% during the second quarter. Dodge & Cox now owns 111,272,320 shares of the cable giant’s stock worth $3,971,309,000 after acquiring an additional 17,054,579 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Comcast by 46.1% in the 3rd quarter. Capital Research Global Investors now owns 33,706,330 shares of the cable giant’s stock valued at $1,059,053,000 after purchasing an additional 10,633,206 shares in the last quarter. State Street Corp grew its holdings in shares of Comcast by 4.6% during the 3rd quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock worth $5,677,190,000 after purchasing an additional 7,917,335 shares during the period. Finally, SG Americas Securities LLC raised its holdings in Comcast by 2,970.5% in the fourth quarter. SG Americas Securities LLC now owns 7,394,728 shares of the cable giant’s stock valued at $221,028,000 after buying an additional 7,153,895 shares during the period. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q4 adjusted EPS of $0.84 topped estimates and management highlighted growth at theme parks and Peacock, helping investors look past headline broadband weakness. Comcast shares rise after in-line Q4 report
• Positive Sentiment: Comcast reiterated its dividend policy, declaring a $0.33 quarterly payout (annualized $1.32), supporting the stock’s yield appeal (about 4.5%). Comcast Maintains Dividend on an Annualized Basis in 2026
• Positive Sentiment: Peacock added subscribers and theme parks (Epic Universe) delivered strong results, providing offset to core broadband weakness. These segment gains are a key near-term upside driver. Comcast Q4 highlights: Theme parks and Peacock
• Positive Sentiment: Unusually heavy call-option buying was recorded, suggesting some investors are positioning for further near-term upside or event-driven moves. Looking At Comcast’s Recent Unusual Options Activity
• Neutral Sentiment: Rosenblatt reaffirmed a “neutral” rating and set a $30 price target — modest upside vs. current levels, which may temper speculative buying. Rosenblatt reaffirms neutral on Comcast
• Neutral Sentiment: Xfinity marketing initiatives (RealTime4K for Super Bowl) are product positives but unlikely to move near-term fundamentals significantly. Xfinity Introduces RealTime4K for Super Bowl LX
• Negative Sentiment: Broadband subscriber losses persisted and were worse than expected, increasing pressure on Comcast’s core revenue stream and margins. Comcast sheds more broadband customers as wireless competition mounts
• Negative Sentiment: Revenue came in slightly below some forecasts (mixed reports of a small revenue miss), and Peacock’s subscriber gains have come with wider losses tied to sports rights deals — a combination that limits margin improvement near term. Peacock hits subscribers but losses widen

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.