Comcast Corporation (CMCSA)
NASDAQ: CMCSA · IEX Real-Time Price · USD
39.19
-0.08 (-0.20%)
May 20, 2024, 3:11 PM EDT - Market open
Comcast Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Comcast stock have an average target of 48.68, with a low estimate of 40 and a high estimate of 55. The average target predicts an increase of 24.22% from the current stock price of 39.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Comcast stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 9 | 6 | 5 |
| Buy | 6 | 6 | 5 | 6 | 5 | 5 |
| Hold | 8 | 8 | 9 | 8 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 23 | 23 | 23 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold Maintains $43 → $40 | Hold | Maintains | $43 → $40 | +2.07% | May 13, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +40.34% | May 13, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $53 → $48 | Strong Buy | Maintains | $53 → $48 | +22.48% | Apr 29, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $50 → $47 | Hold | Maintains | $50 → $47 | +20.57% | Apr 26, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $47 → $43 | Hold | Maintains | $47 → $43 | +9.72% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
127.93B
from 121.57B
Increased by 5.23%
Revenue Next Year
127.66B
from 127.93B
Decreased by -0.21%
EPS This Year
4.36
from 3.71
Increased by 17.42%
EPS Next Year
4.71
from 4.36
Increased by 8.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 133.3B | 134.5B | 138.6B | 136.2B | 138.4B |
| Avg | 127.9B | 127.7B | 130.5B | 130.8B | 134.4B |
| Low | 120.3B | 118.1B | 118.2B | 122.7B | 127.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.6% | 5.1% | 8.6% | 4.4% | 5.8% |
| Avg | 5.2% | -0.2% | 2.2% | 0.2% | 2.8% |
| Low | -1.0% | -7.6% | -7.4% | -6.0% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.74 | 5.33 | 6.18 | 6.06 | 6.49 |
| Avg | 4.36 | 4.71 | 5.30 | 5.64 | 6.20 |
| Low | 3.87 | 4.17 | 4.35 | 4.96 | 5.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.6% | 22.4% | 31.2% | 14.3% | 15.1% |
| Avg | 17.4% | 8.2% | 12.4% | 6.4% | 10.0% |
| Low | 4.4% | -4.2% | -7.6% | -6.4% | -0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.