Comcast Corporation Stock: Analyst Estimates & Ratings

Core Viewpoint - Comcast Corporation (CMCSA) has experienced significant underperformance compared to the broader market and its peers, raising concerns about its future growth prospects, particularly in the broadband sector [2][4]. Company Performance - Comcast's market capitalization stands at $106.8 billion, and it operates in the media and technology sectors, providing services such as broadband, wireless, cable television, and advertising [1]. - Over the past 52 weeks, CMCSA shares have declined by 21.8%, while the S&P 500 Index has gained 13.9% [2]. - Year-to-date, CMCSA's stock is down 1.5%, mirroring the S&P 500's 1.5% increase [2]. - The company's performance has also lagged behind the iShares U.S. Telecommunications ETF, which has seen a 21.2% increase over the past year [3]. Analyst Ratings and Price Targets - Following recent analyst downgrades, CMCSA shares fell by 3.1% on November 3, with Barclays reducing its price target from $34 to $30 and Deutsche Bank lowering its estimate from $44 to $40 [4]. - Analysts expect CMCSA's earnings per share (EPS) to decline by 2.8% year-over-year to $4.21 for the current fiscal year ending in December [5]. - The consensus rating among 30 analysts is a "Moderate Buy," comprising 10 "Strong Buy," 18 "Hold," and 2 "Strong Sell" ratings [5]. - The mean price target is $34.41, indicating a 16.9% premium from current levels, while the highest target of $53 suggests an 80.1% potential upside [7].