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Comcast (CMCSA) Stock Forecast, Price Target & Predictions

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CMCSA Stock Forecast

Comcast stock forecast is as follows: an average price target of $47.39 (represents a 23.99% upside from CMCSA’s last price of $38.22) 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 $47.39 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $44.00. This represents a potential 23.99% upside from CMCSA's last price of $38.22.

CMCSA Analyst Ratings

Buy

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%), 17 'Buy' (68.00%), 8 'Hold' (32.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Comcast Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 11, 2024David JoyceSeaport Global$46.00$39.5316.37%20.36%
Oct 18, 2024Jeff FanScotiabank$47.75$42.2313.07%24.93%
Oct 17, 2024Michael RollinsCitigroup$47.00$42.2511.24%22.97%
Sep 10, 2024Michael NgGoldman Sachs$48.00$39.1322.67%25.59%
Jul 24, 2024Jessica Reif EhrlicBank of America Securities$50.00$38.0931.27%30.82%
Jul 24, 2024Brandon NispelLoop Capital Markets$44.00$38.0915.52%15.12%
Jul 24, 2024Bryan KraftDeutsche Bank$49.00$37.4830.72%28.21%
Apr 25, 2024Jeffrey WlodarczakPivotal Research$48.00$37.8726.75%25.59%
Apr 01, 2024Bryan KraftDeutsche Bank$53.00$43.3522.26%38.67%
Oct 27, 2023Jeff FanScotiabank$49.00$39.6323.63%28.21%
Oct 27, 2023Barton CrockettRosenblatt Securities$44.00$39.6311.01%15.12%
Oct 27, 2023Timothy HoranOppenheimer$55.00$39.6338.77%43.90%
Apr 28, 2023Douglas MitchelsonCredit Suisse$50.00$41.1621.46%30.82%
Apr 04, 2023Brandon NispelKeyBanc$44.00$38.0115.76%15.12%
Feb 02, 2023Barclays$36.00$39.97-9.93%-5.81%
Dec 05, 2022Steven CahallWells Fargo$38.00$35.865.97%-0.58%
Aug 15, 2022Hamilton FaberAtlantic Equities$44.00$40.0010.00%15.12%
Aug 04, 2022Kannan VenkateshwarBarclays$42.00$38.489.15%9.89%
Jul 11, 2022Maher YaghiScotiabank$49.50$39.9623.87%29.51%
Jul 06, 2022Vince ValentiniTD Securities$60.00$39.8050.73%56.99%
Apr 29, 2022Wells Fargo$40.00$40.96-2.34%4.66%
Apr 25, 2022Barton CrockettRosenblatt Securities$51.00$45.2012.84%33.44%
Apr 19, 2022Timothy HoranOppenheimer$60.00$46.8628.04%56.99%
Mar 03, 2022Greg MillerTruist Financial$50.00$47.126.11%30.82%
Feb 23, 2022Kohulan ParamaguruBNP Paribas$52.00$45.1315.22%36.05%
Jan 30, 2022Brett FeldmanGoldman Sachs$60.00$49.7220.68%56.99%
Jan 28, 2022Gregory WilliamsCowen & Co.$64.00$49.4429.45%67.45%
Jan 27, 2022John JanedisWolfe Research$63.00$47.7431.96%64.84%
Jan 24, 2022Steven CahallRBC Capital$60.00$50.0719.83%56.99%
Jan 17, 2022Brett FeldmanGoldman Sachs$62.00$51.6819.97%62.22%
Jan 14, 2022Jessica Reif CohenBank of America Securities$68.00$51.3932.32%77.92%
Dec 15, 2021Michael RollinsCitigroup$53.00$47.6711.18%38.67%
Dec 14, 2021John HodulikUBS$52.00$48.257.77%36.05%
Dec 10, 2021Bryan KraftDeutsche Bank$62.00$47.9429.33%62.22%
Nov 22, 2021Alan GouldLoop Capital Markets$67.00$50.9731.45%75.30%
Oct 04, 2021Matthew HarriganBenchmark Co.$75.00$55.9434.07%96.23%
Jul 29, 2021Douglas MitchelsonCredit Suisse$70.00$57.2522.27%83.15%
Jul 29, 2021Timothy HoranOppenheimer$75.00$57.2531.00%96.23%
Jun 25, 2021Stephen MalcolmRedburn Partners$70.00$55.3426.49%83.15%
May 24, 2021Sunil RajgopalBerenberg Bank$64.00$54.6017.22%67.45%
May 10, 2021Joseph BonnerArgus Research$67.00$56.4118.77%75.30%
May 03, 2021Vijay JayantEvercore ISI$60.00$55.498.13%56.99%

The latest Comcast stock forecast, released on Dec 11, 2024 by David Joyce from Seaport Global, set a price target of $46.00, which represents a 16.37% increase from the stock price at the time of the forecast ($39.53), and a 20.36% increase from CMCSA last price ($38.22).

Comcast Price Target by Period

1M3M12M
# Anlaysts139
Avg Price Target$46.00$46.92$48.08
Last Closing Price$38.22$38.22$38.22
Upside/Downside20.36%22.76%25.80%

In the current month, the average price target of Comcast stock is $46.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 20.36% increase as opposed to Comcast's last price of $38.22. This month's average price target is down -1.96% compared to last quarter, and down -4.33% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 11, 2024Seaport GlobalNeutralBuyUpgrade
Nov 01, 2024Cowen & Co.BuyBuyHold
Nov 01, 2024Seaport GlobalNeutralNeutralHold
Oct 31, 2024UBSPositivePositiveHold
Oct 18, 2024ScotiabankSector PerformSector PerformHold
Oct 17, 2024CitigroupBuyBuyHold
Sep 10, 2024Goldman SachsBuyBuyHold
Jul 24, 2024KeyBancOverweightOverweightHold
Jul 24, 2024Bank of America SecuritiesBuyBuyHold
Jul 24, 2024Deutsche BankBuyBuyHold
Jul 24, 2024Wells FargoSector PerformSector PerformHold
Jul 02, 2024Bank of America SecuritiesBuyBuyHold
Jun 25, 2024Wells FargoSector PerformSector PerformHold
Jun 25, 2024ScotiabankUnderperformUnderperformHold
Jun 24, 2024Seaport GlobalSector PerformNeutralDowngrade
Jun 11, 2024Exane BNP ParibasNeutralUnderperformDowngrade
May 13, 2024Wells FargoSector PerformSector PerformHold
Apr 25, 2024Pivotal ResearchBuyBuyHold
Apr 01, 2024Deutsche BankBuyBuyHold
Mar 26, 2024Wells FargoBuyBuyHold
Mar 26, 2024Evercore ISIUnderperformUnderperformHold
Mar 08, 2024CitigroupBuyBuyHold
Jan 30, 2024CitigroupBuyBuyHold
Dec 22, 2023Seaport GlobalSector PerformSector PerformHold
Oct 27, 2023ScotiabankPerformDowngrade
Oct 27, 2023OppenheimerOutperformOutperformHold
Jul 31, 2023BarclaysEqual-WeightEqual-WeightHold
Jul 28, 2023B. Riley SecuritiesNeutralInitialise
Jul 28, 2023MacquarieNeutralUpgrade
Jul 13, 2023BenchmarkBuyBuyHold
May 02, 2023BenchmarkBuyBuyHold
May 02, 2023CitigroupBuyBuyHold
May 01, 2023SVB LeerinkOutperformInitialise
May 01, 2023Goldman SachsSellBuyInitialise
Apr 28, 2023Raymond JamesHoldHoldHold
Apr 18, 2023Atlantic EquitiesOverweightUpgrade
Apr 04, 2023KeyBancOverweightUpgrade
Mar 29, 2023CitigroupBuyBuyHold
Feb 02, 2023BarclaysEqual-WeightEqual-WeightHold
Dec 05, 2022Wells FargoEqual-WeightNegativeUpgrade
Dec 05, 2022Wells FargoEqual-WeightUpgrade
Oct 13, 2022Bank of America SecuritiesNeutralBuyUpgrade
Oct 13, 2022Prescience PointBuyUpgrade
Oct 13, 2022Goldman SachsBuyNeutralInitialise
Oct 13, 2022CitigroupBuyUpgrade
Sep 29, 2022Wolfe ResearchUnderperformUnderperformHold
Aug 15, 2022Charter EquityNeutralDowngrade
Jul 29, 2022Wolfe ResearchOutperformUnderperformDowngrade
Jul 28, 2022Rosenblatt SecuritiesNeutralNeutralHold
Jul 06, 2022TD SecuritiesBuyBuyHold
Jul 01, 2022DaiwaOutperformInitialise
Jun 27, 2022Bank of America SecuritiesNeutralNeutralHold
Jun 03, 2022BenchmarkBuyBuyHold
Apr 19, 2022OppenheimerOutperformOutperformHold
Feb 23, 2022Exane BNP ParibasNeutralDowngrade
Jan 24, 2022RBC CapitalOutperformUpgrade
Jan 17, 2022Goldman SachsBuyBuyHold
Dec 18, 2021Pivotal ResearchBuyBuyHold
May 01, 2021OppenheimerOutperformUpgrade
Apr 16, 2021Raymond JamesMarket OutperformUpgrade
Apr 15, 2021Pivotal ResearchBuyBuyHold
Mar 28, 2021TD SecuritiesBuyBuyHold

Comcast's last stock rating was published by Seaport Global on Dec 11, 2024. The company Upgrade its CMCSA rating from "Neutral" to "Buy".

Comcast Financial Forecast

Comcast Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------------------$31.25B$30.11B$30.51B$29.69B$30.55B$29.85B$30.02B$31.01B$30.34B$30.30B
Avg Forecast$33.93B$33.85B$31.83B$32.11B$33.13B$32.07B$31.21B$31.40B$32.08B$31.24B$30.63B$31.62B$31.96B$30.87B$29.96B$30.05B$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$34.30B$34.22B$32.18B$32.46B$33.49B$32.42B$31.55B$31.74B$32.43B$31.58B$30.96B$31.97B$32.31B$31.20B$30.29B$30.13B$31.92B$31.81B$30.03B$29.83B$30.86B$30.26B$30.47B$29.65B$30.69B$29.57B$29.73B$30.50B$29.62B$29.87B
Low Forecast$33.58B$33.50B$31.50B$31.78B$32.79B$31.74B$30.89B$31.08B$31.75B$30.92B$30.31B$31.30B$31.63B$30.55B$29.66B$29.98B$31.30B$31.76B$30.03B$29.83B$30.22B$29.33B$29.83B$29.03B$30.04B$29.57B$29.73B$30.50B$29.62B$29.87B
# Analysts234563333345452715754818159101681099
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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts234563333345452715754818159101681099
EBITDA--------------------$8.59B$10.11B$6.71B$10.04B$8.23B$9.23B$9.26B$9.19B$8.66B$9.80B
Avg Forecast$10.35B$10.33B$9.71B$9.80B$10.11B$9.79B$9.52B$9.58B$9.79B$9.53B$9.35B$9.65B$9.75B$9.42B$9.14B$9.17B$9.65B$9.70B$9.17B$10.50B$9.29B$9.06B$9.20B$9.54B$9.01B$9.11B$9.16B$8.67B$9.13B$9.20B
High Forecast$10.47B$10.44B$9.82B$9.91B$10.22B$9.89B$9.63B$9.69B$9.90B$9.64B$9.45B$9.76B$9.86B$9.52B$9.24B$9.19B$9.74B$9.71B$9.17B$12.60B$9.42B$9.24B$9.30B$11.45B$10.81B$9.11B$9.16B$10.41B$9.13B$9.20B
Low Forecast$10.25B$10.22B$9.61B$9.70B$10.01B$9.69B$9.43B$9.48B$9.69B$9.43B$9.25B$9.55B$9.65B$9.32B$9.05B$9.15B$9.55B$9.69B$9.17B$8.40B$9.22B$8.95B$9.10B$7.63B$7.21B$9.11B$9.16B$6.94B$9.13B$9.20B
Surprise %--------------------0.92%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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts234563333345452715754818159101681099
Net Income--------------------$3.26B$4.05B$4.25B$3.83B$3.02B$-4.67B$3.40B$3.55B$2.98B$4.04B
Avg Forecast$6.57B$5.79B$6.23B$5.35B$5.61B$5.35B$5.84B$4.82B$4.49B$4.80B$5.06B$4.43B$3.57B$4.51B$4.77B$4.08B$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$6.66B$5.87B$6.32B$5.43B$5.69B$5.43B$5.92B$4.89B$4.56B$4.87B$5.14B$4.50B$3.62B$4.57B$4.84B$4.12B$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$6.48B$5.71B$6.15B$5.28B$5.53B$5.28B$5.76B$4.76B$4.43B$4.74B$5.00B$4.37B$3.53B$4.45B$4.71B$4.04B$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts234563333345452715754818159101681099
SG&A--------------------$12.98B$11.49B$11.42B$1.96B$2.18B$2.07B$2.20B$2.06B$12.05B$10.98B
Avg Forecast$4.47B$4.46B$4.20B$4.23B$4.37B$4.23B$4.11B$4.14B$4.23B$4.12B$4.04B$4.17B$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$4.52B$4.51B$4.24B$4.28B$4.41B$4.27B$4.16B$4.18B$4.28B$4.16B$4.08B$4.21B$4.26B$4.11B$3.99B$3.97B$4.21B$4.19B$3.96B$2.77B$4.07B$3.99B$4.02B$2.52B$15.04B$3.90B$3.92B$2.29B$3.90B$3.94B
Low Forecast$4.43B$4.42B$4.15B$4.19B$4.32B$4.18B$4.07B$4.10B$4.19B$4.08B$4.00B$4.13B$4.17B$4.03B$3.91B$3.95B$4.13B$4.19B$3.96B$1.85B$3.98B$3.87B$3.93B$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts234563333345452715754818159101681099
EPS--------------------$0.82$0.98$1.02$0.91$0.72$-1.07$0.76$0.79$0.66$0.88
Avg Forecast$1.69$1.49$1.61$1.38$1.44$1.38$1.50$1.24$1.16$1.24$1.31$1.14$0.92$1.16$1.23$1.05$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$1.51$1.63$1.40$1.47$1.40$1.53$1.26$1.17$1.26$1.32$1.16$0.93$1.18$1.25$1.06$0.90$1.08$1.12$0.99$0.86$1.00$1.00$0.84$0.79$0.90$0.91$0.80$0.73$0.75
Low Forecast$1.67$1.47$1.59$1.36$1.43$1.36$1.48$1.23$1.14$1.22$1.29$1.13$0.91$1.15$1.21$1.04$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CABOCable One$364.93$850.00132.92%Buy
CMCSAComcast$38.80$47.3922.14%Buy
VZVerizon Communications$40.78$47.2215.79%Buy
TAT&T$22.83$23.834.38%Buy
TMUST-Mobile US$220.71$228.333.45%Buy
CHTRCharter Communications$371.03$357.80-3.57%Buy
ATUSAltice USA$2.55$2.00-21.57%Hold
LUMNLumen$5.99$4.54-24.21%Hold

CMCSA Forecast FAQ

Is Comcast a good buy?

Yes, according to 25 Wall Street analysts, Comcast (CMCSA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 68.00% of CMCSA's total ratings.

What is CMCSA's price target?

Comcast (CMCSA) average price target is $47.39 with a range of $44 to $50, implying a 23.99% from its last price of $38.22. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Comcast stock go up soon?

According to Wall Street analysts' prediction for CMCSA stock, the company can go up by 23.99% (from the last price of $38.22 to the average price target of $47.39), up by 30.82% based on the highest stock price target, and up by 15.12% based on the lowest stock price target.

Can Comcast stock reach $60?

CMCSA's average twelve months analyst stock price target of $47.39 does not support the claim that Comcast can reach $60 in the near future.

What is Comcast's current price target trend?

1 Wall Street analyst forecast a $46 price target for Comcast (CMCSA) this month, up 20.36% from its last price of $38.22. Compared to the last 3 and 12 months, the average price target increased by 22.76% and increased by 25.80%, respectively.

What are Comcast's analysts' financial forecasts?

Comcast's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $127.81B (high $129.2B, low $126.5B), average EBITDA is $39B (high $39.43B, low $38.6B), average net income is $21.62B (high $21.93B, low $21.33B), average SG&A $16.85B (high $17.03B, low $16.67B), and average EPS is $5.57 (high $5.65, low $5.5). CMCSA's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $131.72B (high $133.16B, low $130.37B), average EBITDA is $40.2B (high $40.64B, low $39.78B), average net income is $23.94B (high $24.28B, low $23.62B), average SG&A $17.36B (high $17.55B, low $17.19B), and average EPS is $6.17 (high $6.26, low $6.09).

Did the CMCSA's actual financial results beat the analysts' financial forecasts?

Based on Comcast's last annual report (Dec 2023), the company's revenue was $121.57B, beating the average analysts forecast of $119.6B by 1.65%. Apple's EBITDA was $39.03B, beating the average prediction of $37.09B by 5.24%. The company's net income was $15.39B, beating the average estimation of $14.16B by 8.68%. Apple's SG&A was $47.16B, beating the average forecast of $14B by 236.93%. Lastly, the company's EPS was $3.87, beating the average prediction of $3.54 by 9.26%. In terms of the last quarterly report (Dec 2023), Comcast's revenue was $31.25B, beating the average analysts' forecast of $30.44B by 2.67%. The company's EBITDA was $8.59B, missing the average prediction of $9.29B by -7.50%. Comcast's net income was $3.26B, beating the average estimation of $3.05B by 6.85%. The company's SG&A was $12.98B, beating the average forecast of $4.01B by 223.62%. Lastly, the company's EPS was $0.82, beating the average prediction of $0.786 by 4.28%