Comcast (NASDAQ:CMCSA) Price Target Cut to $30.00 by Analysts at Morgan Stanley

Posted by Geri Gentry on Jul 7th, 2026

Comcast (NASDAQ:CMCSA – Get Free Report) had its price objective cut by stock analysts at Morgan Stanley from $33.00 to $30.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the cable giant’s stock. Morgan Stanley’s price target suggests a potential upside of 25.49% from the stock’s previous close.

CMCSA has been the topic of several other research reports. Zacks Research upgraded shares of Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Wells Fargo & Company lowered their price objective on shares of Comcast from $29.00 to $28.00 and set an “underweight” rating for the company in a research report on Tuesday. New Street Research dropped their target price on shares of Comcast from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft upgraded shares of Comcast from a “hold” rating to a “buy” rating and reduced their target price for the stock from $34.00 to $32.00 in a research report on Tuesday, June 30th. Finally, Royal Bank Of Canada increased their price target on shares of Comcast from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Comcast presently has an average rating of “Hold” and an average price target of $34.04.

Read Our Latest Research Report on Comcast

Comcast Price Performance

NASDAQ CMCSA traded up $0.53 during trading hours on Tuesday, reaching $23.91. 6,718,297 shares of the company’s stock were exchanged, compared to its average volume of 34,600,633. The stock has a market cap of $85.40 billion, a PE ratio of 4.73, a price-to-earnings-growth ratio of 1.95 and a beta of 0.67. Comcast has a one year low of $22.13 and a one year high of $36.06. The firm has a fifty day moving average of $24.75 and a 200-day moving average of $27.92. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.01.

Comcast (NASDAQ:CMCSA – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.06. The firm had revenue of $31.46 billion during the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the firm posted $1.09 EPS. On average, equities research analysts predict that Comcast will post 3.5 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Comcast

Institutional investors have recently modified their holdings of the business. Norges Bank acquired a new position in Comcast in the fourth quarter valued at approximately $2,498,626,000. Capital World Investors grew its holdings in Comcast by 20.8% during the 4th quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock worth $4,194,929,000 after acquiring an additional 24,166,881 shares during the period. Capital Research Global Investors raised its position in shares of Comcast by 65.1% during the 4th quarter. Capital Research Global Investors now owns 55,664,933 shares of the cable giant’s stock valued at $1,663,825,000 after acquiring an additional 21,958,603 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Comcast by 824.4% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,616,490 shares of the cable giant’s stock valued at $333,509,000 after acquiring an additional 10,359,800 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Comcast by 4.6% in the 3rd quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock valued at $5,677,190,000 after purchasing an additional 7,917,335 shares during the period. Institutional investors and hedge funds own 84.32% of the company’s stock.

About Comcast

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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.