Comcast (CMCSA) Stock Forecast, Price Target & Predictions
CMCSA Stock Forecast
Comcast stock forecast is as follows: an average price target of $53.14 (represents a 23.61% upside from CMCSA’s last price of $42.99) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.
CMCSA Price Target
The average price target for Comcast (CMCSA) is $53.14 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $36.00. This represents a potential 23.61% upside from CMCSA's last price of $42.99.
CMCSA Analyst Ratings
According to 25 Wall Street analysts, Comcast's rating consensus is 'Buy'. The analyst rating breakdown for CMCSA stock is 0 'Strong Buy' (0.00%), 16 'Buy' (64.00%), 9 'Hold' (36.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Comcast Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 18, 2024 | Jeff Fan | Scotiabank | $47.75 | $42.23 | 13.07% | 11.07% |
| Oct 17, 2024 | Michael Rollins | Citigroup | $47.00 | $42.25 | 11.24% | 9.33% |
| Sep 10, 2024 | Michael Ng | Goldman Sachs | $48.00 | $39.13 | 22.67% | 11.65% |
| Jul 24, 2024 | Brandon Nispel | Loop Capital Markets | $44.00 | $38.09 | 15.52% | 2.35% |
| Jul 24, 2024 | Jessica Reif Ehrlic | Bank of America Securities | $50.00 | $38.09 | 31.27% | 16.31% |
| Jul 24, 2024 | Bryan Kraft | Deutsche Bank | $49.00 | $37.48 | 30.72% | 13.98% |
| Apr 25, 2024 | Jeffrey Wlodarczak | Pivotal Research | $48.00 | $37.87 | 26.75% | 11.65% |
| Apr 01, 2024 | Bryan Kraft | Deutsche Bank | $53.00 | $43.35 | 22.26% | 23.28% |
| Oct 27, 2023 | Barton Crockett | Rosenblatt Securities | $44.00 | $39.63 | 11.01% | 2.35% |
| Oct 27, 2023 | Jeff Fan | Scotiabank | $49.00 | $39.63 | 23.63% | 13.98% |
The latest Comcast stock forecast, released on Oct 18, 2024 by Jeff Fan from Scotiabank, set a price target of $47.75, which represents a 13.07% increase from the stock price at the time of the forecast ($42.23), and a 11.07% increase from CMCSA last price ($42.99).
Comcast Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 8 |
| Avg Price Target | - | $47.58 | $48.34 |
| Last Closing Price | $42.99 | $42.99 | $42.99 |
| Upside/Downside | -100.00% | 10.68% | 12.44% |
In the current month, the average price target of Comcast stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Comcast's last price of $42.99. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 01, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Nov 01, 2024 | Seaport Global | Neutral | Neutral | Hold |
| Oct 31, 2024 | UBS | Positive | Positive | Hold |
| Oct 18, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Oct 17, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 10, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 24, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 24, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jul 24, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 24, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Comcast's last stock rating was published by Cowen & Co. on Nov 01, 2024. The company gave CMCSA a "Buy" rating, the same as its previous rate.
Comcast Financial Forecast
Comcast Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.25B | $30.11B | $30.51B | $29.69B | $30.55B | $29.85B | $30.02B | $31.01B | $30.34B | $30.30B |
| Avg Forecast | $33.43B | $31.80B | $30.99B | $32.08B | $32.68B | $31.17B | $30.47B | $29.67B | $31.95B | $30.98B | $30.42B | $31.44B | $31.94B | $30.85B | $29.97B | $30.06B | $31.62B | $31.79B | $30.03B | $29.83B | $30.44B | $29.69B | $30.14B | $29.33B | $30.35B | $29.57B | $29.73B | $30.50B | $29.62B | $29.87B |
| High Forecast | $33.75B | $32.11B | $31.29B | $32.39B | $33.00B | $31.47B | $30.76B | $29.96B | $32.26B | $31.29B | $30.71B | $31.74B | $32.25B | $31.15B | $30.26B | $30.11B | $31.88B | $31.81B | $30.03B | $29.83B | $30.86B | $30.26B | $30.43B | $29.62B | $30.65B | $29.57B | $29.73B | $30.50B | $29.62B | $29.87B |
| Low Forecast | $33.12B | $31.50B | $30.70B | $31.78B | $32.38B | $30.87B | $30.18B | $29.39B | $31.65B | $30.69B | $30.13B | $31.14B | $31.64B | $30.56B | $29.69B | $29.96B | $31.45B | $31.76B | $30.03B | $29.83B | $30.22B | $29.33B | $29.86B | $29.06B | $30.07B | $29.57B | $29.73B | $30.50B | $29.62B | $29.87B |
| # Analysts | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 15 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.02% | 1.02% | 1.01% |
Comcast's average Quarter revenue forecast for Mar 24 based on 4 analysts is $29.83B, with a low forecast of $29.83B, and a high forecast of $29.83B. CMCSA's average Quarter revenue forecast represents a -4.56% decrease compared to the company's last Quarter revenue of $31.25B (Dec 23).
Comcast EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 15 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.59B | $10.11B | $6.71B | $10.04B | $8.23B | $9.23B | $9.26B | $9.19B | $8.66B | $9.80B |
| Avg Forecast | $10.13B | $9.64B | $9.39B | $9.72B | $9.91B | $9.45B | $9.24B | $8.99B | $9.69B | $9.39B | $9.22B | $9.53B | $9.68B | $9.35B | $9.08B | $9.11B | $9.58B | $9.63B | $9.10B | $10.50B | $9.23B | $9.00B | $9.14B | $9.54B | $9.01B | $9.11B | $9.16B | $8.67B | $9.13B | $9.20B |
| High Forecast | $10.23B | $9.73B | $9.49B | $9.82B | $10.00B | $9.54B | $9.32B | $9.08B | $9.78B | $9.48B | $9.31B | $9.62B | $9.77B | $9.44B | $9.17B | $9.13B | $9.66B | $9.64B | $9.10B | $12.60B | $9.35B | $9.17B | $9.22B | $11.45B | $10.81B | $9.11B | $9.16B | $10.41B | $9.13B | $9.20B |
| Low Forecast | $10.04B | $9.55B | $9.31B | $9.63B | $9.81B | $9.36B | $9.15B | $8.91B | $9.59B | $9.30B | $9.13B | $9.44B | $9.59B | $9.26B | $9.00B | $9.08B | $9.53B | $9.63B | $9.10B | $8.40B | $9.16B | $8.89B | $9.05B | $7.63B | $7.21B | $9.11B | $9.16B | $6.94B | $9.13B | $9.20B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.12% | 0.73% | 1.05% | 0.91% | 1.01% | 1.01% | 1.06% | 0.95% | 1.06% |
4 analysts predict CMCSA's average Quarter EBITDA for Mar 24 to be $10.50B, with a high of $12.60B and a low of $8.40B. This is 22.16% upper than Comcast's previous annual EBITDA (Dec 23) of $8.59B.
Comcast Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 15 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.26B | $4.05B | $4.25B | $3.83B | $3.02B | $-4.67B | $3.40B | $3.55B | $2.98B | $4.04B |
| Avg Forecast | $6.60B | $6.14B | $6.49B | $5.93B | $5.42B | $5.49B | $5.91B | $4.94B | $4.41B | $4.83B | $5.09B | $4.44B | $3.53B | $4.50B | $4.80B | $4.10B | $3.36B | $4.12B | $4.35B | $3.97B | $3.05B | $3.69B | $3.81B | $3.61B | $3.18B | $3.51B | $3.59B | $3.28B | $2.88B | $2.94B |
| High Forecast | $6.68B | $6.22B | $6.57B | $6.00B | $5.49B | $5.56B | $5.98B | $5.00B | $4.47B | $4.89B | $5.16B | $4.49B | $3.58B | $4.56B | $4.86B | $4.21B | $3.48B | $4.19B | $4.35B | $4.77B | $3.32B | $3.88B | $3.86B | $4.33B | $3.81B | $3.51B | $3.59B | $3.94B | $2.88B | $2.94B |
| Low Forecast | $6.52B | $6.07B | $6.41B | $5.86B | $5.36B | $5.43B | $5.83B | $4.88B | $4.36B | $4.77B | $5.03B | $4.38B | $3.49B | $4.45B | $4.74B | $3.98B | $3.21B | $4.06B | $4.35B | $3.18B | $2.90B | $3.49B | $3.76B | $2.89B | $2.54B | $3.51B | $3.59B | $2.63B | $2.88B | $2.94B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.10% | 1.12% | 1.06% | 0.95% | -1.33% | 0.95% | 1.08% | 1.04% | 1.37% |
Comcast's average Quarter net income forecast for Mar 24 is $3.97B, with a range of $3.18B to $4.77B. CMCSA's average Quarter net income forecast represents a 21.85% increase compared to the company's last Quarter net income of $3.26B (Dec 23).
Comcast SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 15 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.98B | $11.49B | $11.42B | $1.96B | $2.18B | $2.07B | $2.20B | $2.06B | $12.05B | $10.98B |
| Avg Forecast | $4.41B | $4.19B | $4.09B | $4.23B | $4.31B | $4.11B | $4.02B | $3.91B | $4.21B | $4.08B | $4.01B | $4.14B | $4.21B | $4.07B | $3.95B | $3.96B | $4.17B | $4.19B | $3.96B | $2.31B | $4.01B | $3.91B | $3.97B | $2.10B | $12.53B | $3.90B | $3.92B | $1.91B | $3.90B | $3.94B |
| High Forecast | $4.45B | $4.23B | $4.13B | $4.27B | $4.35B | $4.15B | $4.06B | $3.95B | $4.25B | $4.12B | $4.05B | $4.18B | $4.25B | $4.11B | $3.99B | $3.97B | $4.20B | $4.19B | $3.96B | $2.77B | $4.07B | $3.99B | $4.01B | $2.52B | $15.04B | $3.90B | $3.92B | $2.29B | $3.90B | $3.94B |
| Low Forecast | $4.37B | $4.15B | $4.05B | $4.19B | $4.27B | $4.07B | $3.98B | $3.87B | $4.17B | $4.05B | $3.97B | $4.10B | $4.17B | $4.03B | $3.91B | $3.95B | $4.15B | $4.19B | $3.96B | $1.85B | $3.98B | $3.87B | $3.94B | $1.68B | $10.03B | $3.90B | $3.92B | $1.53B | $3.90B | $3.94B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.24% | 2.94% | 2.87% | 0.94% | 0.17% | 0.53% | 0.56% | 1.08% | 3.09% | 2.79% |
Comcast's average Quarter SG&A projection for Mar 24 is $2.31B, based on 4 Wall Street analysts, with a range of $1.85B to $2.77B. The forecast indicates a -82.23% fall compared to CMCSA last annual SG&A of $12.98B (Dec 23).
Comcast EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 3 | 4 | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 15 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.82 | $0.98 | $1.02 | $0.91 | $0.72 | $-1.07 | $0.76 | $0.79 | $0.66 | $0.88 |
| Avg Forecast | $1.70 | $1.58 | $1.67 | $1.53 | $1.40 | $1.42 | $1.52 | $1.27 | $1.14 | $1.24 | $1.31 | $1.14 | $0.91 | $1.16 | $1.24 | $1.06 | $0.87 | $1.06 | $1.12 | $0.99 | $0.79 | $0.95 | $0.98 | $0.82 | $0.78 | $0.90 | $0.91 | $0.80 | $0.73 | $0.75 |
| High Forecast | $1.72 | $1.60 | $1.69 | $1.55 | $1.42 | $1.43 | $1.54 | $1.29 | $1.15 | $1.26 | $1.33 | $1.16 | $0.92 | $1.17 | $1.25 | $1.09 | $0.90 | $1.08 | $1.12 | $0.99 | $0.86 | $1.00 | $0.99 | $0.83 | $0.79 | $0.90 | $0.91 | $0.80 | $0.73 | $0.75 |
| Low Forecast | $1.68 | $1.56 | $1.65 | $1.51 | $1.38 | $1.40 | $1.50 | $1.26 | $1.12 | $1.23 | $1.30 | $1.13 | $0.90 | $1.15 | $1.22 | $1.03 | $0.83 | $1.05 | $1.12 | $0.99 | $0.75 | $0.90 | $0.97 | $0.81 | $0.77 | $0.90 | $0.91 | $0.80 | $0.73 | $0.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.03% | 1.04% | 1.11% | 0.93% | -1.19% | 0.83% | 0.98% | 0.90% | 1.17% |
According to 4 Wall Street analysts, Comcast's projected average Quarter EPS for Mar 24 is $0.99, with a low estimate of $0.99 and a high estimate of $0.99. This represents a 21.20% increase compared to CMCSA previous annual EPS of $0.82 (Dec 23).
Comcast Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ATUS | Altice USA | $2.42 | $16.74 | 591.74% | Hold |
| CABO | Cable One | $403.37 | $1.02K | 153.28% | Buy |
| CHTR | Charter Communications | $389.12 | $520.08 | 33.66% | Buy |
| CMCSA | Comcast | $42.99 | $53.14 | 23.61% | Buy |
| VZ | Verizon Communications | $42.22 | $49.95 | 18.31% | Buy |
| T | AT&T | $22.83 | $26.05 | 14.10% | Buy |
| TMUS | T-Mobile US | $235.47 | $200.00 | -15.06% | Buy |
| LUMN | Lumen | $7.55 | $5.63 | -25.43% | Hold |