Comcast Announces Spin-Off of Versant Media Group

An update from Comcast ( (CMCSA) ) is now available.

On December 3, 2025, Comcast Corporation’s Board of Directors approved the separation of its cable television networks and digital platforms into a new independent company, Versant Media Group, Inc. This separation will occur through a distribution of Versant shares to Comcast shareholders, expected to be completed on January 2, 2026. Versant will become a publicly traded company on Nasdaq, with Comcast retaining no ownership. The move is expected to enhance Comcast’s strategic focus and market positioning, while Versant will operate independently, leveraging its portfolio of media assets.

The most recent analyst rating on (CMCSA) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Comcast stock, see the CMCSA Stock Forecast page.

Spark’s Take on CMCSA Stock

According to Spark, TipRanks’ AI Analyst, CMCSA is a Neutral.

Comcast’s overall stock score reflects a strong financial performance and attractive valuation, which are offset by bearish technical indicators and mixed earnings call results. The company’s solid profitability and low leverage are positive, but the negative revenue growth and technical weakness weigh on the score.

To see Spark’s full report on CMCSA stock, click here.

More about Comcast

Comcast Corporation is a global media and technology company that provides broadband, wireless, and video services through brands like Xfinity, Comcast Business, and Sky. It also produces, distributes, and streams entertainment, sports, and news content through NBC, Telemundo, Universal, Peacock, and Sky, and operates theme parks through Universal Destinations & Experiences.

Average Trading Volume: 29,526,890

Technical Sentiment Signal: Sell

Current Market Cap: $98.46B

Find detailed analytics on CMCSA stock on TipRanks’ Stock Analysis page.