CMCSA — Comcast Corporation - Class A Common Stock
Session close: $22.69. Regular-session share volume: 26,473,945. Change from previous close: -0.66%.
Key developments
Analyst updates following Comcast’s prior-session earnings release highlighted persistent broadband pressure. New Street, Deutsche Bank and TD Cowen lowered price targets, though Deutsche Bank and TD Cowen retained Buy ratings. Management attributed subscriber losses to intense competition and expiring promotions; analysts also flagged weaker theme park trends and an expected restructuring charge.
Analysts Adjust Price Targets for Comcast · Comcast Posts Q3 EBITDA Beat On Media Upside, Faces Threat From AI Tools Like Muse
Media strength helped quarterly earnings exceed expectations, while Peacock turned profitable and wireless continued expanding. These businesses provided offsets to broadband weakness, although mobile additions missed analyst expectations.
Comcast Posts Q3 EBITDA Beat On Media Upside, Faces Threat From AI Tools Like Muse · Comcast Calls Rival Broadband Pricing 'Irrational' As Competition Heats Up
Previously reported layoffs and an operating overhaul form part of Comcast’s response to competitive pressure. The planned separation of NBCUniversal and Sky remains in progress; management frames it as a way to improve strategic flexibility, but the supplied coverage provides no exact completion date.
Comcast to cut cable jobs, take $1-billion-plus charge as broadband losses deepen · Comcast Q3 2026 Earnings Call Transcript
News sources
Company news Analysts Adjust Price Targets for Comcast · Company news Comcast (CMCSA) Stock May Be A Bargain Following Its Planned Split · Company news Comcast Posts Q3 EBITDA Beat On Media Upside, Faces Threat From AI Tools Like Muse · Company news Evercore ISI Group Maintains Outperform on Comcast, Lowers Price Target to $29 · Company news CMCSA Q3 2026 deep dive: cost transformation and wireless offset broadband softness · Company news TD Cowen Maintains Buy on Comcast, Lowers Price Target to $36 · Company news CMCSA Q3 Earnings Call Highlights Broadband and Restructuring · Company news TD Cowen Adjusts Price Target on Comcast to $36 From $39 · Company news Comcast to cut cable jobs, take $1-billion-plus charge as broadband losses deepen · Company news Comcast Quarterly Results Top Views Despite Continued Domestic Broadband Subscriber Losses · Company news Comcast Calls Rival Broadband Pricing 'Irrational' As Competition Heats Up · Company news Comcast Q3 2026 Earnings Call Transcript