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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/24/2024 | $48.00 → $47.00 | Buy | Pivotal Research Group |
6/25/2024 | $44.00 | Buy | Goldman |
6/24/2024 | Buy → Neutral | Seaport Research Partners | |
6/11/2024 | $34.00 | Neutral → Underperform | Exane BNP Paribas |
4/9/2024 | $45.00 | Outperform → Neutral | Exane BNP Paribas |
2/15/2024 | $50.00 → $44.00 | Buy → Neutral | Redburn Atlantic |
12/13/2023 | $55.00 → $58.00 | Buy | Pivotal Research Group |
10/27/2023 | $50.00 → $49.00 | Sector Outperform → Sector Perform | Scotiabank |
Pivotal Research Group reiterated coverage of Comcast with a rating of Buy and set a new price target of $47.00 from $48.00 previously
Goldman initiated coverage of Comcast with a rating of Buy and set a new price target of $44.00
Seaport Research Partners downgraded Comcast from Buy to Neutral
Barclays analyst Kannan Venkateshwar maintains Comcast (NASDAQ:CMCSA) with a Equal-Weight and lowers the price target from $41 to $40.
Walt Disney Co’s (NYSE:DIS) ESPN, Comcast Corp (NASDAQ:CMCSA) owned NBCUniversal, and Amazon.com Inc (NASDAQ:AMZN) have secured an 11-year deal valued at $77 billion to broadcast National Basketball Association games (NBA), the league announced on Wednesday. The NBA rejected a last-minute offer from Warner Bros Discovery’s TNT Sports, ending a four-decade relationship with the media company after next season, Reuters reports. Warner Bros Discovery stock is down Thursday premarket. The new deal is a setback for Warner’s sports division, exacerbating investor concerns about its role in the new sports-streaming partnership with Disney and Fox Corp (NASDAQ:FOX) (NASDAQ:FOXA). Under the
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
New company to provide world-class news, sports and entertainment with significant scale and resources Media veterans Mark Lazarus and Anand Kini to lead the new company Comcast will continue its strategic focus on driving its core growth businesses, including residential broadband, wireless, business services and NBCUniversal's streaming, studios and theme parks Tax-free transaction expected to be completed in approximately one year Comcast Corporation (NASDAQ:CMCSA) today announced its intent to create a new publicly traded company comprised of a strong portfolio of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel alon
Comcast Corporation (NASDAQ:CMCSA) announced that its Board of Directors declared a quarterly dividend of $0.31 a share on the company's common stock. The quarterly dividend is payable on January 29, 2025, to shareholders of record as of the close of business on January 8, 2025. To automatically receive Comcast financial news by e-mail, please visit www.cmcsa.com and subscribe to E-mail Alerts. About Comcast Corporation Comcast Corporation (NASDAQ:CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-c
Comcast Corporation (NASDAQ:CMCSA) today reported results for the quarter ended September 30, 2024. "Our convergence strategy continues to deliver a best-in-class connectivity experience across our expanding network of 63 million homes and businesses, which far exceeds the combined fiber footprint of our three largest competitors," said Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation. "Third quarter results demonstrate the strength of this platform - broadband ARPU increased 3.6%; revenue in our connectivity businesses grew 5%; and Adjusted EBITDA margins across Connectivity & Platforms grew to 40.9%. At the same time, we delivered an incredibly successful Par
10-Q - COMCAST CORP (0001166691) (Filer)
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Partnership Provides Free WiFi Access, Plus a $500,000 Grant for a Technology Makeover That Will Enable Virtual Digital Skills Training Across the State of Georgia ATLANTA, Oct. 17, 2024 /PRNewswire/ -- Comcast announced today it has installed its first Flagship Lift Zone in partnership with Inspiredu in Atlanta, Georgia. Building on the legacy of its award-winning Lift Zone program, which now offers free WiFi in more than 1,250 community centers nationwide, this inaugural Flagship Lift Zone continues five years of proud collaboration between Comcast and Inspiredu. Not only will Inspiredu still provide free, fast, and reliable WiFi for visitors, powered by Comcast Business, but also expand i
Magel will leverage his 30+ years of media and advertising experience to help the world's largest agencies take advantage of FreeWheel's advanced advertising solutions to best serve its ad clients FreeWheel, a global technology platform for the TV industry, announced today that it has named Kris Magel as Head of Global Agency Partnerships. In this role, Magel will oversee agency collaborations – leading relationships and the company's commercialization structure for agency partnerships globally while working closely with the executive leadership team to identify and capitalize on revenue growth opportunities. He will be based in New York and report to Katy Loria, U.S. Chief Revenue Office
Today, Comcast Corporation announced the appointment of Lance West as Executive Vice President of Federal Government Affairs and Head of the Washington, DC office. In this critical role, Mr. West will lead the company's legislative and regulatory initiatives on Capitol Hill, at the Federal Communications Commission (FCC), and other vital agencies. Reporting to Tom Reid, Chief Legal Officer and Secretary, Mr. West will oversee Comcast's advocacy strategy, managing relationships with key external partners, and ensure the company's leadership voice is represented in Washington, DC. He will lead a team that collaborates with industry associations, advocacy groups, and other stakeholders to supp
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SC 13G/A - COMCAST CORP (0001166691) (Subject)
The signature costumes of Glinda and Elphaba, as worn by Ariana Grande and Cynthia Erivo in Universal Pictures' cinematic event Wicked, are on display in the Comcast Technology Center in Philadelphia. Universal Pictures' Wicked arrives in theaters November 22, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120056742/en/The signature costumes of Glinda and Elphaba, as worn by Ariana Grande and Cynthia Erivo in Universal Pictures' cinematic event Wicked, on display in the Comcast Technology Center in Philadelphia. (Photo: Comcast)View source version on businesswire.com: https://www.businesswire.com/news/home/2024112005674
New company to provide world-class news, sports and entertainment with significant scale and resources Media veterans Mark Lazarus and Anand Kini to lead the new company Comcast will continue its strategic focus on driving its core growth businesses, including residential broadband, wireless, business services and NBCUniversal's streaming, studios and theme parks Tax-free transaction expected to be completed in approximately one year Comcast Corporation (NASDAQ:CMCSA) today announced its intent to create a new publicly traded company comprised of a strong portfolio of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel alon
Destination Enables Fans to Immerse Themselves in All Things Oz Ahead of the Film's November 22 Release, With Behind-the-Scenes Content, Music, Interviews, Interactive Features and More On November 22, Universal Pictures' new cinematic event, Wicked, the untold story of the witches of Oz, soars in theaters across the country, bringing the magic of the generation-defining, blockbuster musical to the big screen and introducing global audiences to a spectacular new vision of the world of Oz. To get customers ready, Xfinity is going pink and green and launching the ultimate entertainment destination for Wicked fans. Available across its devices, including Xfinity X1, Xumo Stream Box and Xumo