CMCSA stock icon

Comcast
CMCSA

$40.59
2.47%

Market Cap: 159B

 

About: Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 63 million US homes and businesses, or nearly half of the country. About 55% of the locations in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the UK and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

Employees: 186,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 54 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

8% more call options, than puts

Call options by funds: $1.22B | Put options by funds: $1.13B

3% less repeat investments, than reductions

Existing positions increased: 962 | Existing positions reduced: 995

4% less capital invested

Capital invested by funds: $147B [Q4 2023] → $141B (-$5.85B) [Q1 2024]

1.27% less ownership

Funds ownership: 83.31% [Q4 2023] → 82.04% (-1.27%) [Q1 2024]

2% less funds holding

Funds holding: 2,405 [Q4 2023] → 2,353 (-52) [Q1 2024]

26% less first-time investments, than exits

New positions opened: 146 | Existing positions closed: 198

34% less funds holding in top 10

Funds holding in top 10: 70 [Q4 2023] → 46 (-24) [Q1 2024]

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$40
1%
downside
Avg. target
$48
18%
upside
High target
$55
36%
upside

16 analyst ratings

positive
50%
neutral
50%
negative
0%
Evercore ISI Group
Vijay Jayant
18%upside
$48
Outperform
Maintained
2 Jul 2024
Goldman Sachs
Michael Ng
8%upside
$44
Buy
Initiated
25 Jun 2024
Macquarie
Tim Nollen
1%downside
$40
Neutral
Maintained
13 May 2024
Benchmark
Matthew Harrigan
36%upside
$55
Buy
Reiterated
13 May 2024
Citigroup
Michael Rollins
18%upside
$48
Buy
Maintained
29 Apr 2024

Financial journalist opinion

Based on 54 articles about CMCSA published over the past 30 days