Comcast (NASDAQ:CMCSA) Price Target Raised to $33.00 at Morgan Stanley

Comcast (NASDAQ:CMCSA) had its price objective raised by equities research analysts at Morgan Stanley from $31.00 to $33.00 in a research note issued on Friday,MarketScreener reports. The firm currently has an “equal weight” rating on the cable giant’s stock. Morgan Stanley’s price objective suggests a potential upside of 12.05% from the stock’s current price.

CMCSA has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft lowered Comcast from a “buy” rating to a “hold” rating and set a $34.00 price target for the company. in a research report on Friday. Arete Research set a $23.00 target price on shares of Comcast in a research note on Tuesday, January 6th. Wall Street Zen upgraded shares of Comcast to a “hold” rating in a report on Saturday, March 14th. Barclays set a $28.00 target price on Comcast and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Citigroup reissued a “buy” rating and issued a $33.00 target price (up from $32.79) on shares of Comcast in a report on Friday, January 30th. Nine research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $35.13.

Comcast Trading Down 6.9%

Comcast stock traded down $2.19 during trading hours on Friday, reaching $29.45. The company had a trading volume of 3,732,290 shares, compared to its average volume of 32,797,797. The firm has a market cap of $105.96 billion, a price-to-earnings ratio of 5.49, a P/E/G ratio of 2.44 and a beta of 0.80. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Comcast has a 12-month low of $25.75 and a 12-month high of $36.66. The company has a 50-day moving average price of $29.81 and a 200 day moving average price of $29.11.

Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The firm had revenue of $31.46 billion during the quarter, compared to analyst estimates of $30.42 billion. Comcast had a net margin of 16.17% and a return on equity of 16.86%. The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the business earned $1.09 earnings per share. Equities analysts forecast that Comcast will post 3.46 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Michael J. Cavanagh sold 57,947 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the transaction, the chief executive officer directly owned 622,336 shares of the company’s stock, valued at $20,325,493.76. This represents a 8.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.32% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CMCSA. Vanguard Group Inc. grew its stake in shares of Comcast by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock valued at $11,038,712,000 after purchasing an additional 2,160,829 shares during the period. State Street Corp boosted its holdings in shares of Comcast by 3.4% in the fourth quarter. State Street Corp now owns 186,805,081 shares of the cable giant’s stock worth $5,583,604,000 after buying an additional 6,117,946 shares during the last quarter. Capital World Investors grew its position in Comcast by 20.8% during the fourth quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock valued at $4,194,929,000 after buying an additional 24,166,881 shares during the period. Dodge & Cox grew its position in Comcast by 0.4% during the fourth quarter. Dodge & Cox now owns 112,967,514 shares of the cable giant’s stock valued at $3,376,599,000 after buying an additional 399,596 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Comcast by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 89,913,362 shares of the cable giant’s stock valued at $2,680,747,000 after buying an additional 1,465,428 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q1 financial beat — Comcast reported adjusted EPS of $0.79 vs. $0.73 expected and revenue of $31.46B (vs. ~$30.4B est.), driven by advertising and content strength. This is the principal catalyst for the rally as top- and bottom-line beats reduce short-term uncertainty. Comcast beats estimates on sports boost, easing broadband losses
• Positive Sentiment: Sports-driven ad spike and content momentum — incremental ad revenue from the Milan Cortina Winter Olympics and Super Bowl LX materially boosted the Content segment and helped revenue growth. Winter Olympics and Super Bowl power Comcast’s Q1 ad sales spike
• Positive Sentiment: Connectivity trends improving — domestic residential broadband net losses narrowed (to ~65k) and Comcast added a large number of wireless lines (record mobile additions), signaling stabilization in core subscriber trends that investors view as a turning point. Comcast beats revenue, earnings expectations as broadband losses improve
• Positive Sentiment: Peacock and wireless monetization outlook — management expects Peacock to approach profitability next quarter and anticipates converting the majority of free wireless lines to paid in 2H 2026, suggesting future margin improvement. Comcast anticipates converting the significant majority of free wireless lines to paid in 2H
• Neutral Sentiment: New wireless plans / product expansion — Xfinity Mobile launched premium plans (Mobile Plus, Mobile Select) that could help ARPU and customer retention, but impact will be gradual. Xfinity Mobile Launches Mobile Plus and Mobile Select
• Neutral Sentiment: Valuation debate — DCF / P/E analyses have suggested potential upside versus the market price, which supports buy-side interest but depends on execution (broadband stabilization, Peacock profitability). Is Comcast (CMCSA) Offering Value After DCF And P/E Suggest Large Upside To Fair Value?
• Negative Sentiment: Longer-term subscriber pressure and share drag — despite improvement this quarter, Comcast’s stock has been pressured by a year-long decline tied to persistent broadband subscriber losses; investors will watch whether the improvement sustains. Comcast Stock Is in a Slump. Earnings Must Show Its Subscriber Exodus Is Slowing.
• Negative Sentiment: Insider/institutional flows — recent filings show notable institutional position changes and some insider selling; while not unusual, these actions can weigh on sentiment if execution slips. Comcast shares jump as Q1 results top expectations and broadband losses improve

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.