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Comcast (CMCSA)
NASDAQ:CMCSA

Comcast (CMCSA) AI Stock Analysis

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CMCSA

Comcast

(NASDAQ:CMCSA)

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Outperform 72 (OpenAI - 4o)
Rating:72Outperform
Price Target:
$30.00
▲(0.91% Upside)
Comcast's overall stock score is driven by its strong valuation and solid financial performance, despite technical weaknesses. The company's strategic initiatives and positive earnings call highlights contribute positively, but challenges in the broadband segment and technical indicators weigh on the score.

Comcast (CMCSA) vs. SPDR S&P 500 ETF (SPY)

Comcast Business Overview & Revenue Model

Company DescriptionComcast Corporation (CMCSA) is a global media and technology company based in Philadelphia, Pennsylvania. It operates through two primary segments: Comcast Cable and NBCUniversal. Comcast Cable provides high-speed internet, video, voice services, and smart home solutions to residential and business customers. NBCUniversal encompasses a wide array of entertainment, news, and sports assets, including television networks, film studios, and theme parks, contributing to its diverse portfolio of products and services.
How the Company Makes MoneyComcast generates revenue primarily through its subscription-based services. The Comcast Cable segment earns money from the provision of cable television services, broadband internet access, and digital voice services, with significant revenue coming from monthly subscriptions and bundled service packages. The company also generates income from advertising sales on its cable networks and from its streaming service, Peacock. Additionally, the NBCUniversal segment contributes to revenue through theatrical releases, television production, and licensing deals, as well as from its theme parks. Strategic partnerships with content providers and advertisers further enhance Comcast's ability to monetize its media assets and expand its customer base.

Comcast Earnings Call Summary

Earnings Call Date:Oct 30, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Jan 29, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strong growth in wireless and theme parks, alongside record free cash flow, indicating positive momentum in certain segments. However, these were balanced by challenges in the Connectivity & Platforms segment, broadband subscriber decline, and ARPU pressure, creating a mixed outlook.
Q3-2025 Updates
Positive Updates
Strong Wireless Growth
Wireless net additions hit a new record at 414,000, with nearly half of residential postpaid phone connects coming from customers taking a free line. Wireless penetration of the broadband base surpassed 14%.
Improved Video Performance
Video performance improved with subscriber losses down more than 100,000 year-over-year, marking the best result in nearly five years.
Theme Parks and Studios Growth
Theme parks revenue grew nearly 20%, and studios saw strong theatrical results with the success of 'Jurassic World Rebirth' grossing nearly $900 million worldwide.
Record Free Cash Flow
Free cash flow increased 45% to $4.9 billion, driven by cash tax benefits and favorable working capital timing.
Negative Updates
Challenges in Connectivity & Platforms
Connectivity & Platforms EBITDA declined 3.7% due to costs associated with new pricing strategies and investments in customer experience.
Broadband Subscriber Decline
Broadband subscribers declined 104,000 due to intense competition, partially offset by seasonal back-to-school activity.
Broadband ARPU Pressure
Broadband ARPU growth slowed to 2.6% and is expected to step down more than 1 point in Q4, with continued pressure in early 2026 as no rate increase is planned.
Media Revenue Decline
Total company revenue declined about 3% year-over-year due to last year's Paris Olympics comparison, though excluding this impact, revenue increased nearly 3%.
Company Guidance
During Comcast's Third Quarter Earnings Conference Call for fiscal year 2025, several key metrics were highlighted. The company reported a 3% year-over-year decline in total revenue, primarily due to the comparison with the previous year's Paris Olympics. Excluding this impact, revenue increased by nearly 3%, driven by strong performances in theme parks and domestic wireless, which grew by 20% and 14%, respectively. Free cash flow saw a significant increase of 45% to $4.9 billion, allowing Comcast to return $2.8 billion to shareholders, including $1.5 billion in share repurchases and $1.2 billion in dividends. The Connectivity & Platforms segment experienced a 3.7% decline in EBITDA, attributed to investments in pricing, product, and customer experience improvements, with expectations of continued EBITDA pressure in the coming quarters. Comcast's wireless penetration reached over 14% of its broadband base, adding over 400,000 lines in the quarter. Despite challenges in the broadband market, Comcast's strategic initiatives, including the rollout of new pricing models and the introduction of advanced gateways, aim to position the company for future growth. The company also emphasized its robust sports portfolio, with live sports driving strong viewership and advertising performance across both broadcast and streaming platforms.

Comcast Financial Statement Overview

Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Comcast Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price29.73
Price Trends
50DMA
28.10
Positive
100DMA
30.23
Negative
200DMA
32.29
Negative
Market Momentum
MACD
0.06
Negative
RSI
66.84
Neutral
STOCH
80.38
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMCSA, the sentiment is Neutral. The current price of 29.73 is above the 20-day moving average (MA) of 27.20, above the 50-day MA of 28.10, and below the 200-day MA of 32.29, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 66.84 is Neutral, neither overbought nor oversold. The STOCH value of 80.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CMCSA.

Comcast Peers Comparison

Overall Rating
UnderperformOutperform
Sector (―)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$171.82B8.6919.70%6.60%2.42%102.17%
75
Outperform
$199.27B16.3011.78%1.13%3.61%152.34%
72
Outperform
$108.33B4.9424.73%4.37%0.20%61.54%
71
Outperform
$170.64B7.8220.88%4.56%1.98%150.68%
69
Neutral
$30.62B5.7834.79%0.42%13.46%
58
Neutral
$3.70B-0.99
* Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CMCSA
Comcast
30.32
-6.16
-16.89%
T
AT&T
24.36
2.84
13.20%
CHTR
Charter Communications
211.29
-146.97
-41.02%
LBTYA
Liberty Global A
10.95
-1.31
-10.69%
VZ
Verizon
40.88
3.23
8.58%
DIS
Walt Disney
110.63
0.50
0.45%

Comcast Corporate Events

Delistings and Listing ChangesBusiness Operations and Strategy
Comcast Announces Spin-Off of Versant Media Group
Positive
Dec 3, 2025

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.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Completes Exchange and Cash Offers for Notes
Positive
Oct 9, 2025

On October 9, 2025, Comcast Corporation completed its previously announced Exchange Offers and Cash Offers, involving the exchange and purchase of certain existing notes for new notes due in 2037. The new notes, amounting to $480,046,000, carry an interest rate of 5.168% and are guaranteed by Comcast Cable Communications, LLC and NBCUniversal. This strategic financial maneuver is expected to optimize Comcast’s debt structure, potentially impacting its financial stability and market positioning.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Finalizes Amended Exchange and Cash Offers
Neutral
Oct 8, 2025

On October 8, 2025, Comcast Corporation announced the final results of its Amended Pool 2 Exchange Offers and Cash Offers, which expired on October 3, 2025. The company plans to issue approximately $480 million in New 2037 Notes, with a total outstanding amount expected to reach $1.17 billion. The completion of these offers indicates that Comcast has satisfied the necessary conditions, including the absence of adverse legal and market developments, which could impact the company’s financial strategy and market positioning.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Announces Preliminary Results of Exchange Offer
Neutral
Oct 6, 2025

On October 6, 2025, Comcast Corporation announced the preliminary results of its Amended Pool 2 Exchange and Cash Offers, which involve exchanging or purchasing outstanding notes for new 2037 notes. The company expects to issue approximately $491 million in new notes, subject to conditions and guaranteed delivery procedures, impacting its financial strategy and stakeholder interests.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Completes Exchange Offers for Pool 1 Notes
Neutral
Oct 2, 2025

On October 2, 2025, Comcast Corporation completed its previously announced private Exchange Offers and Cash Offers for its existing Pool 1 Notes, resulting in the issuance of $691,967,000 in new Notes due 2037. These new Notes, bearing an interest rate of 5.168% per year, are guaranteed by Comcast Cable Communications, LLC and NBCUniversal, and are part of a strategic financial maneuver to manage its debt obligations, potentially impacting its financial stability and market positioning.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Finalizes Debt Exchange and Cash Offers
Neutral
Oct 1, 2025

On October 1, 2025, Comcast Corporation announced the final results of its Pool 1 Debt Exchange and Cash Offers, which expired on September 26, 2025. Comcast plans to issue approximately $692 million in new 2037 Notes, satisfying the necessary conditions for the exchange. The company also completed its Pool 1 Cash Offers, meeting all conditions for purchasing the outstanding notes. These financial maneuvers are part of Comcast’s strategy to manage its debt portfolio, potentially impacting its financial stability and market positioning.

Executive/Board ChangesBusiness Operations and Strategy
Comcast Appoints Michael J. Cavanagh as Co-CEO
Neutral
Sep 29, 2025

On September 29, 2025, Comcast Corporation announced the appointment of Michael J. Cavanagh as Co-Chief Executive Officer, effective January 2026, alongside Brian L. Roberts who continues as Chairman and Co-CEO. Cavanagh, who joined Comcast in 2015 as Chief Financial Officer and currently serves as President, is expected to help drive growth and manage the company’s strategic pivot in the industry.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Announces Debt Exchange and Cash Offers
Positive
Sep 29, 2025

On September 29, 2025, Comcast Corporation announced the results of its debt exchange offers and cash offers, which involved exchanging outstanding notes for new notes due in 2037 and 2038. The company amended the terms for its 4.150% notes due 2028 and 4.550% notes due 2029, with the exchange offers set to expire on October 3, 2025. This strategic financial maneuver is expected to impact Comcast’s debt structure by extending maturities and potentially reducing interest costs, thereby strengthening its financial position in the industry.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Announces Debt Exchange and Cash Offers
Neutral
Sep 26, 2025

On September 26, 2025, Comcast Corporation announced the pricing terms for its debt exchange offers and cash offers. The company is conducting seven separate private offers to exchange outstanding notes for newly issued notes due in 2037 and 2038. The exchange offers are set to expire on the same day, with settlement expected by October 2, 2025. Additionally, Comcast has announced cash offers for the purchase of old notes, targeting holders who are not eligible for the exchange offers. These financial maneuvers are part of Comcast’s strategy to manage its debt portfolio, potentially impacting its financial stability and market positioning.

Private Placements and FinancingBusiness Operations and Strategy
Comcast Initiates Debt Exchange and Tender Offers
Positive
Sep 22, 2025

On September 22, 2025, Comcast Corporation announced the initiation of debt exchange and tender offers to repurchase seven series of its outstanding notes. This strategic financial maneuver involves exchanging old notes for new debt securities, with the aim of optimizing the company’s debt structure. The exchange offers are set to expire on September 26, 2025, with settlement expected by October 2, 2025. This move is likely to impact Comcast’s financial operations by potentially lowering interest expenses and extending debt maturities, thereby enhancing its financial flexibility and market positioning.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 09, 2025