Comcast Finalizes New Co-CEO Employment Agreement for Cavanagh

The latest announcement is out from Comcast ( (CMCSA) ).

On December 19, 2025, Comcast entered into a new employment agreement with Michael J. Cavanagh in connection with his planned elevation to Co-Chief Executive Officer on January 2, 2026, securing his role through January 1, 2029. The deal includes a $2.75 million annual base salary, an annual performance-based cash bonus target equal to 300% of his salary, and a performance-based restricted stock unit grant valued at about $35 million that cliff vests after three years subject to time and performance conditions, with detailed vesting protections in the event of resignation for good reason, termination without cause, death, or disability, underscoring Comcast’s long-term commitment to leadership continuity and performance-linked executive compensation.

The most recent analyst rating on (CMCSA) stock is a Sell with a $29.00 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 Outperform.

Comcast’s strong financial performance and attractive valuation are key strengths, supported by strategic corporate events. However, technical indicators suggest caution, and mixed earnings call results highlight ongoing challenges in certain segments.

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

More about Comcast

Comcast Corporation is a global media and telecommunications company that operates across cable, broadband, content, and streaming, offering video, high-speed internet, and entertainment services to residential and business customers in the U.S. and internationally.

Average Trading Volume: 34,222,236

Technical Sentiment Signal: Sell

Current Market Cap: $107.7B

Learn more about CMCSA stock on TipRanks’ Stock Analysis page.