With the remaining life in 2025 now measured in days, entertainment giant Comcast (CMCSA) revealed a key point that should have perked up investors. It is closing out the year on top of what it calls “…one of the most extensive waves of independent analyst recognition in its history….” Landing kudos in a variety of internet sectors should have been more inspiring, but Comcast shares slipped fractionally in Tuesday morning’s trading.
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Comcast—which also runs an extensive internet infrastructure operation—managed to land analyst acclaim in several sectors. It has brought in praise for its software-defined wide area networking (SD-WAN) capability, its secure networking operations, and its Network-as-a-Service (NaaS) operations as well. The praise comes from all over, including Frost & Sullivan, IDC MarketScape, ISG Provider Lens, and others besides.
Comcast Business’ chief product officer Bob Victor noted, “Comcast Business is one of the largest managed services providers, and the largest Enterprise connectivity provider in the U.S. – and now the most-awarded SD-WAN provider. Our sustained market leadership confirms that we are delivering the high-performance connectivity and managed solutions that empower customers to innovate and operate in an AI-driven, multi-cloud environment.”
All Is Not Well Everywhere
But even as Comcast is exulting in the accolades on one side of the operation, another is dying on the vine. Specifically, the cable operations are faltering. A new report found that YouTube TV is actually now larger than both Comcast and Charter’s (CHTR) Spectrum combined, based on Nielsen data.
While this is only true by some metrics—particularly total watch time—it is proof there are serious issues afoot for the legacy TV providers. Granted, Comcast is still generating revenue, particularly as some apartment dwellers and homeowners’ associations (HOAs) require cable. But just because those customers pay for it by contractual obligation does not mean they watch.
Is Comcast Stock a Good Buy Right Now?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on CMCSA stock based on seven Buys, 14 Holds and one Sell assigned in the past three months, as indicated by the graphic below. After a 23.8% loss in its share price over the past year, the average CMCSA price target of $35.19 per share implies 20.67% upside potential.
