Comcast (CMCSA) Stock Forecast, Price Target & Predictions
CMCSA Stock Forecast
Comcast stock forecast is as follows: an average price target of $53.42 (represents a 35.07% upside from CMCSA’s last price of $39.55) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.
CMCSA Price Target
The average price target for Comcast (CMCSA) is $53.42 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $36.00. This represents a potential 35.07% upside from CMCSA's last price of $39.55.
CMCSA Analyst Ratings
According to 22 Wall Street analysts, Comcast's rating consensus is 'Buy'. The analyst rating breakdown for CMCSA stock is 0 'Strong Buy' (0.00%), 14 'Buy' (63.64%), 8 'Hold' (36.36%), 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 |
|---|---|---|---|---|---|---|
| Sep 10, 2024 | Michael Ng | Goldman Sachs | $48.00 | $39.13 | 22.67% | 21.37% |
| Jul 24, 2024 | Brandon Nispel | Loop Capital Markets | $44.00 | $38.09 | 15.52% | 11.25% |
| Jul 24, 2024 | Jessica Reif Ehrlic | Bank of America Securities | $50.00 | $38.09 | 31.27% | 26.42% |
| Jul 24, 2024 | Bryan Kraft | Deutsche Bank | $49.00 | $37.48 | 30.72% | 23.89% |
| Apr 25, 2024 | Jeffrey Wlodarczak | Pivotal Research | $48.00 | $37.87 | 26.75% | 21.37% |
| Apr 01, 2024 | Bryan Kraft | Deutsche Bank | $53.00 | $43.35 | 22.26% | 34.01% |
| Oct 27, 2023 | Barton Crockett | Rosenblatt Securities | $44.00 | $39.63 | 11.01% | 11.25% |
| Oct 27, 2023 | Jeff Fan | Scotiabank | $49.00 | $39.63 | 23.63% | 23.89% |
| Oct 27, 2023 | Timothy Horan | Oppenheimer | $55.00 | $39.63 | 38.77% | 39.06% |
| Apr 28, 2023 | Douglas Mitchelson | Credit Suisse | $50.00 | $41.16 | 21.46% | 26.42% |
The latest Comcast stock forecast, released on Sep 10, 2024 by Michael Ng from Goldman Sachs, set a price target of $48.00, which represents a 22.67% increase from the stock price at the time of the forecast ($39.13), and a 21.37% increase from CMCSA last price ($39.55).
Comcast Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 9 |
| Avg Price Target | $48.00 | $47.75 | $48.89 |
| Last Closing Price | $39.55 | $39.55 | $39.55 |
| Upside/Downside | 21.37% | 20.73% | 23.62% |
In the current month, the average price target of Comcast stock is $48.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 21.37% increase as opposed to Comcast's last price of $39.55. This month's average price target is up 0.52% compared to last quarter, and down -1.82% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 24, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jul 24, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 24, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 24, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Jul 02, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jun 25, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Jun 25, 2024 | Scotiabank | Underperform | Underperform | Hold |
| Jun 24, 2024 | Seaport Global | Sector Perform | Neutral | Downgrade |
| Jun 11, 2024 | Exane BNP Paribas | Neutral | Underperform | Downgrade |
Comcast's last stock rating was published by Goldman Sachs on Sep 10, 2024. The company gave CMCSA a "Buy" rating, the same as its previous rate.
Comcast Financial Forecast
Comcast Revenue Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.25B | $30.11B | $30.51B | $29.69B | $30.55B | $29.85B | $30.02B | $31.01B | $30.34B | $30.30B | $28.55B | $27.20B | $27.71B | $25.53B |
| Avg Forecast | $32.08B | $30.95B | $30.41B | $29.85B | $31.41B | $30.30B | $29.86B | $30.85B | $31.56B | $30.63B | $29.88B | $29.97B | $31.62B | $31.80B | $30.03B | $29.83B | $30.44B | $29.69B | $30.14B | $29.33B | $30.35B | $29.57B | $29.73B | $30.50B | $29.62B | $29.87B | $27.16B | $26.70B | $26.79B | $24.74B |
| High Forecast | $32.77B | $31.62B | $31.07B | $30.50B | $32.09B | $30.95B | $30.51B | $31.52B | $32.24B | $31.29B | $30.53B | $30.62B | $32.30B | $32.32B | $30.68B | $30.48B | $30.86B | $30.26B | $30.79B | $29.97B | $31.01B | $30.21B | $30.29B | $31.08B | $30.17B | $30.43B | $27.67B | $27.21B | $27.30B | $25.21B |
| Low Forecast | $30.54B | $29.46B | $28.95B | $28.42B | $29.90B | $28.84B | $28.42B | $29.37B | $30.04B | $29.16B | $28.44B | $28.53B | $30.10B | $31.07B | $28.59B | $28.40B | $30.22B | $29.33B | $28.69B | $27.92B | $28.90B | $28.15B | $28.68B | $29.42B | $28.56B | $28.81B | $26.20B | $25.76B | $25.84B | $23.86B |
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.02% | 1.02% | 1.01% | 1.05% | 1.02% | 1.03% | 1.03% |
Comcast's average Quarter revenue forecast for Mar 24 based on 4 analysts is $29.83B, with a low forecast of $28.40B, and a high forecast of $30.48B. 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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.59B | $10.11B | $6.71B | $10.04B | $8.23B | $9.23B | $9.26B | $9.19B | $8.66B | $9.80B | $10.21B | $8.83B | $8.65B | $7.30B |
| Avg Forecast | $9.89B | $9.54B | $9.37B | $9.20B | $9.68B | $9.34B | $9.20B | $9.51B | $9.73B | $9.44B | $9.21B | $9.24B | $9.74B | $9.80B | $9.26B | $10.50B | $9.38B | $9.15B | $9.29B | $9.54B | $9.35B | $9.05B | $9.16B | $8.67B | $9.13B | $9.20B | $8.37B | $6.28B | $8.26B | $7.62B |
| High Forecast | $10.10B | $9.74B | $9.57B | $9.40B | $9.89B | $9.54B | $9.40B | $9.71B | $9.94B | $9.64B | $9.41B | $9.44B | $9.95B | $9.96B | $9.46B | $12.60B | $9.51B | $9.33B | $9.49B | $11.45B | $9.56B | $10.86B | $9.34B | $10.41B | $9.30B | $9.38B | $8.53B | $7.54B | $8.41B | $7.77B |
| Low Forecast | $9.41B | $9.08B | $8.92B | $8.76B | $9.22B | $8.89B | $8.76B | $9.05B | $9.26B | $8.99B | $8.77B | $8.79B | $9.28B | $9.58B | $8.81B | $8.40B | $9.31B | $9.04B | $8.84B | $7.63B | $8.90B | $7.24B | $8.84B | $6.94B | $8.80B | $8.88B | $8.07B | $5.03B | $7.96B | $7.35B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.10% | 0.72% | 1.05% | 0.88% | 1.02% | 1.01% | 1.06% | 0.95% | 1.06% | 1.22% | 1.40% | 1.05% | 0.96% |
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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.26B | $4.05B | $4.25B | $3.83B | $3.02B | $-4.67B | $3.40B | $3.55B | $2.98B | $4.04B | $3.74B | $3.33B | $3.38B | $2.02B |
| Avg Forecast | $5.05B | $4.97B | $6.08B | $5.25B | $4.40B | $4.89B | $5.10B | $4.53B | $3.67B | $4.64B | $4.82B | $4.21B | $3.52B | $4.30B | $4.39B | $3.97B | $3.08B | $3.73B | $3.85B | $3.61B | $3.04B | $3.73B | $3.59B | $3.28B | $2.88B | $2.94B | $2.59B | $2.37B | $1.89B | $2.02B |
| High Forecast | $5.19B | $5.11B | $6.25B | $5.39B | $4.52B | $5.03B | $5.24B | $4.66B | $3.77B | $4.77B | $4.95B | $4.33B | $3.62B | $4.55B | $4.51B | $4.77B | $3.35B | $3.92B | $3.96B | $4.33B | $3.13B | $4.47B | $3.67B | $3.94B | $2.95B | $3.01B | $2.65B | $2.84B | $1.93B | $2.07B |
| Low Forecast | $4.73B | $4.66B | $5.70B | $4.92B | $4.12B | $4.59B | $4.78B | $4.25B | $3.44B | $4.35B | $4.52B | $3.95B | $3.30B | $4.10B | $4.11B | $3.18B | $2.93B | $3.53B | $3.61B | $2.89B | $2.85B | $2.98B | $3.42B | $2.63B | $2.74B | $2.81B | $2.47B | $1.90B | $1.80B | $1.93B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.09% | 1.10% | 1.06% | 0.99% | -1.25% | 0.95% | 1.08% | 1.04% | 1.37% | 1.44% | 1.40% | 1.79% | 1.00% |
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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.98B | $11.49B | $11.42B | $1.96B | $2.18B | $2.07B | $2.20B | $2.06B | $12.05B | $10.98B | $10.40B | $9.88B | $11.10B | $9.57B |
| Avg Forecast | $4.23B | $4.08B | $4.01B | $3.93B | $4.14B | $3.99B | $3.94B | $4.07B | $4.16B | $4.04B | $3.94B | $3.95B | $4.17B | $4.19B | $3.96B | $2.31B | $4.01B | $3.91B | $3.97B | $2.10B | $4.00B | $10.14B | $3.92B | $1.91B | $3.90B | $3.94B | $3.58B | $7.04B | $3.53B | $3.26B |
| High Forecast | $4.32B | $4.17B | $4.10B | $4.02B | $4.23B | $4.08B | $4.02B | $4.15B | $4.25B | $4.12B | $4.02B | $4.04B | $4.26B | $4.26B | $4.04B | $2.77B | $4.07B | $3.99B | $4.06B | $2.52B | $4.09B | $12.17B | $3.99B | $2.29B | $3.98B | $4.01B | $3.65B | $8.44B | $3.60B | $3.32B |
| Low Forecast | $4.03B | $3.88B | $3.82B | $3.75B | $3.94B | $3.80B | $3.75B | $3.87B | $3.96B | $3.84B | $3.75B | $3.76B | $3.97B | $4.10B | $3.77B | $1.85B | $3.98B | $3.87B | $3.78B | $1.68B | $3.81B | $8.11B | $3.78B | $1.53B | $3.77B | $3.80B | $3.45B | $5.63B | $3.41B | $3.15B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.24% | 2.94% | 2.87% | 0.94% | 0.55% | 0.20% | 0.56% | 1.08% | 3.09% | 2.79% | 2.90% | 1.40% | 3.14% | 2.93% |
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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.82 | $0.98 | $1.02 | $0.91 | $0.72 | $-1.07 | $0.76 | $0.79 | $0.66 | $0.88 | $0.81 | $0.73 | $0.74 | $0.44 |
| Avg Forecast | $1.29 | $1.27 | $1.55 | $1.34 | $1.12 | $1.25 | $1.30 | $1.16 | $0.94 | $1.18 | $1.23 | $1.07 | $0.90 | $1.10 | $1.12 | $0.99 | $0.79 | $0.95 | $0.98 | $0.82 | $0.78 | $0.90 | $0.91 | $0.80 | $0.73 | $0.75 | $0.66 | $0.59 | $0.48 | $0.52 |
| High Forecast | $1.32 | $1.30 | $1.60 | $1.38 | $1.15 | $1.28 | $1.34 | $1.19 | $0.96 | $1.22 | $1.26 | $1.10 | $0.92 | $1.16 | $1.15 | $1.02 | $0.86 | $1.00 | $1.01 | $0.85 | $0.80 | $0.92 | $0.94 | $0.82 | $0.75 | $0.77 | $0.68 | $0.60 | $0.49 | $0.53 |
| Low Forecast | $1.21 | $1.19 | $1.46 | $1.25 | $1.05 | $1.17 | $1.22 | $1.08 | $0.88 | $1.11 | $1.15 | $1.01 | $0.84 | $1.05 | $1.05 | $0.93 | $0.75 | $0.90 | $0.92 | $0.77 | $0.73 | $0.84 | $0.87 | $0.77 | $0.70 | $0.72 | $0.63 | $0.56 | $0.46 | $0.49 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.03% | 1.04% | 1.11% | 0.93% | -1.19% | 0.83% | 0.98% | 0.90% | 1.17% | 1.23% | 1.24% | 1.53% | 0.85% |
According to 4 Wall Street analysts, Comcast's projected average Quarter EPS for Mar 24 is $0.99, with a low estimate of $0.93 and a high estimate of $1.02. 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 | $2.17 | $16.74 | 671.43% | Hold |
| CABO | Cable One | $336.92 | $1.02K | 203.24% | Buy |
| CHTR | Charter Communications | $340.17 | $520.08 | 52.89% | Hold |
| CMCSA | Comcast | $39.55 | $53.42 | 35.07% | Buy |
| T | AT&T | $21.64 | $27.55 | 27.31% | Buy |
| VZ | Verizon Communications | $44.43 | $50.73 | 14.18% | Buy |
| LUMN | Lumen | $6.09 | $5.63 | -7.55% | Hold |
| TMUS | T-Mobile US | $202.83 | $180.38 | -11.07% | Buy |
CMCSA Forecast FAQ
Is Comcast a good buy?
Yes, according to 22 Wall Street analysts, Comcast (CMCSA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 63.64% of CMCSA's total ratings.
What is CMCSA's price target?
Comcast (CMCSA) average price target is $53.42 with a range of $36 to $75, implying a 35.07% from its last price of $39.55. The data is based on 22 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 35.07% (from the last price of $39.55 to the average price target of $53.42), up by 89.63% based on the highest stock price target, and down by -8.98% based on the lowest stock price target.
Can Comcast stock reach $60?
CMCSA's highest twelve months analyst stock price target of $75 supports 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 $48 price target for Comcast (CMCSA) this month, up 21.37% from its last price of $39.55. Compared to the last 3 and 12 months, the average price target increased by 20.73% and increased by 23.62%, respectively.
What are Comcast's analysts' financial forecasts?
Comcast's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $122.42B (high $125.07B, low $116.54B), average EBITDA is $37.73B (high $38.54B, low $35.91B), average net income is $18.92B (high $19.45B, low $17.74B), average SG&A $16.14B (high $16.49B, low $15.36B), and average EPS is $4.83 (high $4.96, low $4.53). CMCSA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $123.28B (high $125.95B, low $117.36B), average EBITDA is $37.99B (high $38.82B, low $36.17B), average net income is $21.34B (high $21.94B, low $20.01B), average SG&A $16.25B (high $16.6B, low $15.47B), and average EPS is $5.44 (high $5.6, low $5.1).
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 $37.36B by 4.47%. The company's net income was $15.39B, beating the average estimation of $14.27B by 7.85%. 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 $9.38B by -8.41%. Comcast's net income was $3.26B, beating the average estimation of $3.08B by 5.76%. 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%