Comcast Corp
CMCSA
$27.93
-0.43%
Comcast Corp is a major telecommunications and media conglomerate operating in the Communication Services sector. It is defined by its integrated business model, combining a vast cable network, NBCUniversal's media assets, and Sky's international television operations.
CMCSA
Comcast Corp
$27.93
Related headlines
Investment Opinion: Should I buy CMCSA Today?
Based on a synthesis of the provided data, the objective assessment for CMCSA is a Hold. The stock is deeply undervalued on traditional metrics (P/E of 5.14, PEG of 0.17) and offers a high dividend yield, which are compelling for value-oriented investors. However, the weak technical trend, recent earnings volatility, and sector headwinds suggest a lack of near-term catalysts for price appreciation. Investors already holding the stock may find the valuation and yield supportive for maintaining their position, but new buyers might prefer to wait for signs of operational stability or a clearer technical bottom before initiating a position.
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CMCSA 12-Month Price Forecast
The analysis finds a strong fundamental value proposition severely conflicted by poor price action and earnings volatility. The low probability-weighted expected return suggests a neutral stance is most appropriate, with the high dividend yield and low valuation providing downside protection, but lacking a clear catalyst for upside.
Wall Street consensus
Most Wall Street analysts maintain a constructive view on Comcast Corp's 12-month outlook, with a consensus price target around $36.31 and implied upside of +30.0% versus the current price.
Average Target
$36.31
5 analysts
Implied Upside
+30.0%
vs. current price
Analyst Count
5
covering this stock
Price Range
$22 - $36
Analyst target range
No sufficient analyst coverage available. The provided data includes recent institutional rating actions but lacks a consensus target price or a detailed ratings distribution summary. The analyst data section contains only five analysts' estimates for future EPS and revenue, without explicit price targets or a consolidated buy/hold/sell recommendation.
Bulls vs Bears: CMCSA Investment Factors
Comcast presents a classic value investment case, trading at deeply discounted multiples while generating substantial cash flow. However, near-term operational volatility, high debt, and a weak stock price trend create significant headwinds. The stock's appeal hinges on whether its low valuation outweighs its cyclical and structural challenges.
Bullish
- Extremely Low Valuation: Trailing P/E of 5.14 and PEG of 0.17 suggest significant undervaluation.
- Strong Free Cash Flow: TTM FCF of $21.9B supports dividends, buybacks, and debt reduction.
- High Return on Equity: ROE of 20.44% indicates efficient use of shareholder capital.
- Stable Core Business: Integrated cable and media model provides resilient revenue streams.
Bearish
- Weak Recent Price Trend: Down 7.3% over past month and 22.2% over past year.
- Volatile Profitability: Q4 net margin fell to 6.1% from 15.0% year-over-year.
- High Debt Load: Debt-to-equity of 1.14 indicates leveraged balance sheet.
- Short-Term Liquidity Concern: Current ratio of 0.88 suggests potential cash flow pressure.
CMCSA Technical Analysis
The overall assessment shows a volatile but ultimately negative trend over the past six months, with the stock declining from around $30.40 in early October 2025 to $28.71 as of March 31, 2026. The stock experienced a significant sell-off in late October and November 2025, reaching a low near $26.46, before a partial recovery into early 2026.
Short-term performance has been weak, with the stock down 7.27% over the past month and 3.95% over the past three months, underperforming the broader market (SPY) which was down 5.25% and 4.63% over the same periods, respectively. The recent price action shows a decline from a peak near $32.48 in mid-February 2026 to the current level.
The current price of $28.71 is positioned in the lower half of its 52-week range of $24.13 to $34.36, approximately 26.6% above the low and 16.4% below the high. No RSI data was provided for analysis.
Beta
0.78
0.78x market volatility
Max Drawdown
-29.6%
Largest decline past year
52-Week Range
$24-$34
Price range past year
Annual Return
-23.7%
Cumulative gain past year
| Period | CMCSA Return | S&P 500 |
|---|---|---|
| 1m | -9.9% | -3.6% |
| 3m | -5.5% | -4.0% |
| 6m | -9.6% | -2.0% |
| 1y | -23.7% | +16.2% |
| ytd | -5.5% | -3.8% |
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CMCSA Fundamental Analysis
Revenue growth has been modest, with Q4 2025 revenue of $32.31 billion representing a 1.24% year-over-year increase from Q4 2024. However, profitability has been volatile; the Q4 2025 net margin was 6.1%, a significant drop from the 15.0% net margin in Q4 2024, primarily due to lower net income of $1.97 billion compared to $4.78 billion a year earlier.
Financial health shows a debt-to-equity ratio of 1.14, indicating a leveraged balance sheet. The company maintains a strong free cash flow position, with trailing twelve-month free cash flow of $21.89 billion, providing ample liquidity for dividends, share buybacks, and debt service.
Operational efficiency is mixed. The return on equity (ROE) is a solid 20.44%, but the return on assets (ROA) is a modest 4.80%. The current ratio of 0.88 suggests potential short-term liquidity constraints, though this is mitigated by the company's substantial cash flow generation.
Quarterly Revenue
$32.3B
2025-12
Revenue YoY Growth
+0.01%
YoY Comparison
Gross Margin
+0.60%
Latest Quarter
Free Cash Flow
$21.9B
Last 12 Months
Revenue & Net Income Trends (2 Years)
Revenue Breakdown
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Valuation Analysis: Is CMCSA Overvalued?
Given the company's positive net income, the primary valuation metric used is the P/E ratio. The trailing P/E ratio is 5.14, which is exceptionally low, while the forward P/E is 7.43. The PEG ratio of 0.17 suggests the stock may be significantly undervalued relative to its earnings growth expectations.
Peer comparison data is not available in the provided inputs. Other valuation metrics include a Price/Sales ratio of 0.82, an EV/EBITDA of 4.37, and a Price/Book ratio of 1.05, all of which appear low and suggest the market is pricing the stock conservatively.
PE
5.1x
Latest Quarter
vs. Historical
Mid-Range
5-Year PE Range -7x~19x
vs. Industry Avg
N/A
Industry PE ~N/A*
EV/EBITDA
4.4x
Enterprise Value Multiple
Investment Risk Disclosure
Comcast faces several material risks. Financially, its debt-to-equity ratio of 1.14 indicates a leveraged capital structure, which could pressure financial flexibility if interest rates rise or earnings decline. The low current ratio of 0.88 points to potential short-term liquidity constraints, though this is mitigated by strong annual free cash flow of nearly $22 billion. Operationally, the significant drop in Q4 2025 net margin to 6.1% from 15.0% a year prior highlights earnings volatility, potentially driven by investment cycles in content (Peacock) or network upgrades. Market risks include persistent cord-cutting in its core cable TV business, intense competition in broadband and streaming, and a stock that has significantly underperformed the S&P 500 over the past year (-22.2% vs. +15.9%). The high short ratio of 2.91 also reflects substantial market skepticism. While valuation metrics appear to price in these risks, further deterioration in fundamentals could lead to additional price declines.
FAQ
Key risks include high financial leverage (debt-to-equity of 1.14), potential short-term liquidity pressure (current ratio of 0.88), and volatile profitability, as seen in the Q4 net margin drop from 15.0% to 6.1%. Sector risks like cord-cutting in cable TV and intense competition in streaming and broadband also pose challenges to growth.
The 12-month outlook is neutral with a base case target range of $28 to $32, implying modest upside from the current $28.71. The bull case (25% probability) targets $34-$38 on a valuation re-rating, while the bear case (15% probability) could see a retest of the 52-week low near $24. The forecast is constrained by earnings volatility despite compelling valuation.
CMCSA appears significantly undervalued based on standard metrics. Its trailing P/E ratio of 5.14 and forward P/E of 7.43 are very low. The Price/Sales ratio of 0.82 and EV/EBITDA of 4.37 also suggest a discount. Most notably, a PEG ratio of 0.17 (well below 1.0) implies the stock is cheap relative to its expected earnings growth.
CMCSA is a good buy for value and income-focused investors with a long-term horizon. Its trailing P/E of 5.14 and PEG ratio of 0.17 indicate it is deeply undervalued, while its 4.8% dividend yield is attractive. However, given its weak recent price trend and volatile earnings, it may not be suitable for investors seeking near-term growth or momentum.
CMCSA is more suitable for long-term investment. Its value proposition—based on high cash flow, a solid dividend, and low valuation—may take time to be realized by the market. The stock's weak short-term momentum and lack of immediate catalysts make it less ideal for short-term trading, but its fundamentals support a patient, income-generating hold.