Comcast (CMCSA)

• Market cap: $130B
• 1 day: 0.95%
• 5 days: 1.60%
• 1 month: 1.42%
• 3 months: -4.02%
• 6 months: -18.63%
• Year to date: -6.76%
• 1 year: -11.11%
• 5 years: -2.87%
• 10 years: 23.20%
• Sector: Communication Services
• Industry: Telecom Services

About: Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 64 million US homes and businesses, or nearly half of the country. About 50% 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. The firm plans to spin off most of its cable networks later in 2025. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy, and it also has a presence in Germany and Austria.

Employees: 182,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

70% more first-time investments, than exits

New positions opened: 269 | Existing positions closed: 158

70% more call options, than puts

Call options by funds: $1.27B | Put options by funds: $747M

3.14% more ownership

Funds ownership: 80.59% [Q3] → 83.73% (+3.14%) [Q4]

3% more funds holding

Funds holding: 2,335 [Q3] → 2,397 (+62) [Q4]

7% less capital invested

Capital invested by funds: $130B [Q3] → $121B (-$8.52B) [Q4]

24% less funds holding in top 10

Funds holding in top 10: 49 [Q3] → 37 (-12) [Q4]

31% less repeat investments, than reductions

Existing positions increased: 771 | Existing positions reduced: 1,123

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $31 11% downside
• Avg. target: $39 11% upside
• High target: $45 29% upside

8 analyst ratings

• positive: 3 38%
• neutral: 4 50%
• negative: 1 13%

Barclays Kannan Venkateshwar 70% 1-year accuracy 16 / 23 met price target	0% upside $35	Equal-Weight Maintained	28 Apr 2025
Rosenblatt Barton Crockett 60% 1-year accuracy 41 / 68 met price target	3% upside $36	Neutral Maintained	28 Apr 2025
Scotiabank Maher Yaghi 50% 1-year accuracy 12 / 24 met price target	28% upside $45	Sector Perform Maintained	25 Apr 2025
Oppenheimer Timothy Horan 68% 1-year accuracy 13 / 19 met price target	9% upside $38	Outperform Maintained	25 Apr 2025
Citigroup Michael Rollins 61% 1-year accuracy 17 / 28 met price target	12% upside $39	Buy Maintained	25 Apr 2025