Comcast (CMCSA) AI Stock Analysis

• Market Cap: $116.27B
• Dividend Yield: 4.05%
• Average Volume (3M): 22.25M
• Price to Earnings (P/E): 5.2
• Beta (1Y): 0.53
• Revenue Growth: 2.54%
• EPS Growth: 60.53%
• Country: US
• Employees: 182,000
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): 1.25
• Shares Outstanding: 3,682,762,200
• 10 Day Avg. Volume: 26,028,906
• 30 Day Avg. Volume: 22,248,590
• PEG Ratio: 0.77
• Price to Book (P/B): 1.71
• Price to Sales (P/S): 1.19
• P/FCF Ratio: 9.47
• Enterprise Value/Market Cap: 1.94
• Enterprise Value/Revenue: 1.82
• Enterprise Value/Gross Profit: 3.12
• Enterprise Value/Ebitda: 4.75
• 1Y Price Target: $40.65
• Price Target Upside: 28.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 19

• Rating: 78 Outperform
• Price Target: $38.00 ▲(20.22% Upside)

Comcast's strong financial performance and attractive valuation are the primary drivers of its stock score. While technical indicators are neutral, the earnings call highlights both strengths in media and parks and challenges in broadband, balancing the overall outlook.

Positive Factors

Revenue Growth

Consistent revenue growth reflects Comcast's ability to expand its market presence and effectively monetize its diverse portfolio, supporting long-term business sustainability.

Cash Flow Generation

Strong cash flow generation provides Comcast with financial flexibility to invest in growth opportunities and manage debt, enhancing its long-term financial health.

Media Segment Success

The success in the media segment, particularly with NBC and Peacock, highlights Comcast's competitive advantage in content delivery and advertising, driving sustained revenue growth.

Negative Factors

Broadband Subscriber Losses

Subscriber losses in broadband indicate competitive pressures that could impact Comcast's market share and revenue growth in this critical segment over the long term.

High Liabilities

High liabilities may constrain Comcast's financial flexibility and increase risk, potentially affecting its ability to invest in strategic initiatives and manage economic downturns.

Challenges in Hollywood

Ongoing challenges in Universal Studios Hollywood may hinder revenue growth and profitability in the Parks segment, affecting overall business performance.

Comcast Business Overview & Revenue Model

Company Description

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment offers broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks, the NBC and Telemundo broadcast, and Peacock networks. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

How the Company Makes Money

Comcast generates revenue through multiple key streams: primarily through its Cable Communications segment, which offers subscription-based services for video, internet, and phone. This segment constitutes the bulk of its revenue. Additionally, the company earns revenue from its Media segment, which includes advertising revenues from NBCUniversal's television networks and movie studios, as well as from its theme parks. Comcast also benefits from partnerships with various content providers and advertisers, enhancing its advertising revenue. Furthermore, the company has been expanding its footprint in the wireless market, providing mobile services that contribute to its earnings. Overall, Comcast's diverse revenue model, combining subscription services with advertising and content production, positions it to capitalize on multiple segments of the media and communications industry.

Comcast Financial Statement Overview

Summary

Comcast exhibits strong financial health with consistent revenue and profit growth, improved financial leverage, and robust cash flow generation. Effective cost management and capital allocation are evident, though minor concerns exist regarding operating efficiency and high liabilities.

Income Statement

Comcast has demonstrated consistent revenue growth with an increase from $116.39B in 2021 to $124.19B in TTM, reflecting a positive trajectory. Gross profit margin remains strong at approximately 70.8% TTM, indicating efficient cost management. Net profit margin has improved significantly to 18.44% TTM, showcasing enhanced profitability. However, EBIT margin slightly decreased from 18.20% in 2021 to 18.12% TTM, suggesting some pressure on operating efficiency.

Balance Sheet

The debt-to-equity ratio has improved from 1.04 in 2021 to 0.06 TTM, indicating a substantial reduction in leverage, enhancing financial stability. Return on equity has increased to 23.56% TTM, reflecting strong returns for shareholders. The equity ratio has improved to 51.76% TTM, illustrating a robust capital structure. However, high total liabilities, despite improvements, pose a potential risk.

Cash Flow

Operating cash flow has consistently increased, reaching $31.21B TTM, indicating strong cash generation capabilities. Free cash flow has grown from $12.95B in 2023 to $18.75B TTM, demonstrating effective capital expenditure management and financial flexibility. The operating cash flow to net income ratio of 1.36 TTM suggests efficient cash conversion, while the free cash flow to net income ratio of 0.82 TTM supports sustainable cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	124.19B	123.73B	121.57B	121.43B	116.39B	103.56B
Gross Profit	72.24B	71.90B	70.47B	69.39B	64.13B	57.34B
EBITDA	47.51B	37.61B	38.90B	27.00B	36.97B	31.39B
Net Income	22.90B	16.19B	15.39B	5.37B	14.16B	10.53B
Balance Sheet
Total Assets	273.85B	266.21B	264.81B	257.27B	275.90B	273.87B
Cash, Cash Equivalents and Short-Term Investments	9.71B	7.32B	6.21B	4.75B	8.71B	11.74B
Total Debt	101.53B	99.09B	97.09B	99.98B	100.02B	108.93B
Total Liabilities	176.39B	179.94B	181.34B	175.24B	177.90B	180.85B
Stockholders Equity	96.85B	85.56B	82.70B	80.94B	96.09B	90.32B
Cash Flow
Free Cash Flow	18.75B	15.49B	12.96B	12.65B	17.09B	13.10B
Operating Cash Flow	31.21B	27.67B	28.50B	26.41B	29.15B	24.74B
Investing Cash Flow	-16.69B	-15.67B	-7.16B	-14.14B	-13.45B	-12.05B
Financing Cash Flow	-10.95B	-10.88B	-19.85B	-16.18B	-18.62B	-6.51B

Comcast Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMCSA, the sentiment is Negative. The current price of 31.61 is below the 20-day moving average (MA) of 33.01, below the 50-day MA of 33.26, and below the 200-day MA of 34.76, indicating a bearish trend. The MACD of -0.54 indicates Positive momentum. The RSI at 31.59 is Neutral, neither overbought nor oversold. The STOCH value of 12.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CMCSA.

Comcast Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VZ	83 Outperform	182.06B	10.07	17.65%	6.28%	2.05%	61.39%
CMCSA	78 Outperform	$116.27B	5.22	25.44%	4.05%	2.54%	60.53%
T	77 Outperform	202.50B	16.41	12.12%	3.92%	1.46%	0.88%
DIS	76 Outperform	203.94B	17.60	10.58%	0.88%	5.00%	144.65%
CHTR	68 Neutral	40.15B	7.17	32.48%	―	1.03%	17.05%
LBTYA	62 Neutral	3.95B	-1.04	-25.55%	―	3.53%	3.23%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Comcast Corporate Events

Comcast Announces Redemption of 3.950% Notes

On August 22, 2025, Comcast Corporation announced its decision to redeem all outstanding amounts of its 3.950% Notes due October 15, 2025, amounting to approximately $2.474 billion, with the redemption date set for September 22, 2025. This move is expected to impact Comcast’s financial obligations and could influence its market positioning by potentially improving its debt profile.

Comcast Shareholders Approve Stock Plan Amendment

At Comcast‘s annual meeting of shareholders on June 18, 2025, an amendment to the Comcast-NBCUniversal 2011 Employee Stock Purchase Plan was approved, increasing the number of shares available from 24.2 million to 34.2 million. Additionally, all director nominees were elected, Deloitte & Touche LLP was ratified as the independent auditor for 2025, and the advisory vote on executive compensation was approved. However, shareholder proposals regarding the ‘CEO pay ratio factor’ in executive compensation and the adoption of a policy for an independent chair were not approved.