Comcast (NASDAQ:CMCSA) Price Target Cut to $35.25 by Analysts at Scotiabank

Comcast (NASDAQ:CMCSA) had its target price trimmed by Scotiabank from $37.50 to $35.25 in a research report sent to investors on Friday morning, MarketBeat.com reports. The firm currently has a sector perform rating on the cable giant’s stock.

CMCSA has been the subject of a number of other reports. Morgan Stanley decreased their price target on Comcast from $32.00 to $31.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 10th. Oppenheimer set a $38.00 target price on Comcast in a research report on Tuesday, November 4th. Citigroup reissued a “buy” rating and issued a $33.00 price target (up from $32.79) on shares of Comcast in a report on Friday. Loop Capital reduced their price target on shares of Comcast from $43.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Finally, Moffett Nathanson lowered their price objective on shares of Comcast from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Eleven research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Comcast currently has a consensus rating of “Hold” and an average target price of $35.08.

Comcast Stock Up 1.7%

CMCSA opened at $29.75 on Friday. Comcast has a fifty-two week low of $25.75 and a fifty-two week high of $37.97. The firm has a market capitalization of $108.41 billion, a P/E ratio of 5.54, a PEG ratio of 2.06 and a beta of 0.81. The company’s 50-day moving average is $28.41 and its 200 day moving average is $30.35. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, January 29th. The cable giant reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.09. Comcast had a net margin of 16.17% and a return on equity of 16.86%. The business had revenue of $32.31 billion during the quarter, compared to the consensus estimate of $32.35 billion. During the same period in the prior year, the firm posted $0.96 EPS. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. Research analysts expect that Comcast will post 4.33 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 1st will be issued a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.32 annualized dividend and a yield of 4.4%. Comcast’s dividend payout ratio (DPR) is 21.96%.

Institutional Investors Weigh In On Comcast

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Capital A Wealth Management LLC grew its position in shares of Comcast by 173.7% in the second quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock valued at $25,000 after purchasing an additional 436 shares in the last quarter. Imprint Wealth LLC purchased a new stake in Comcast during the 3rd quarter worth about $26,000. Avalon Trust Co boosted its stake in Comcast by 433.3% in the 2nd quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock worth $27,000 after purchasing an additional 624 shares during the period. United Financial Planning Group LLC purchased a new position in Comcast during the 3rd quarter valued at about $28,000. Finally, Howard Hughes Medical Institute bought a new stake in shares of Comcast during the second quarter valued at about $29,000. Institutional investors own 84.32% of the company’s stock.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q4 earnings beat — Comcast reported adjusted EPS of $0.84 (above consensus) with revenue roughly in line; management highlighted Theme Parks and Peacock as growth drivers that offset headwinds in broadband and Studios. CMCSA Q4 Earnings Beat On Theme Parks and Peacock Strength
• Positive Sentiment: Peacock subscriber growth and Theme Parks momentum — Peacock reached large subscriber counts (~44M) and parks (including Epic Universe) drove better consumer revenue, supporting upside to future content and leisure revenue. Peacock Hits 44 Million Subscribers But Losses Widen
• Positive Sentiment: Dividend maintained — Comcast confirmed a quarterly dividend ($0.33 / $1.32 annualized), supporting income-focused investors and the stock’s yield profile. Comcast Maintains Dividend on an Annualized Basis in 2026
• Positive Sentiment: Unusual options activity — Heavy call buying was reported around the print, indicating some traders positioned for further upside or volatility following the earnings release. Looking At Comcast’s Recent Unusual Options Activity
• Neutral Sentiment: Market reaction mixed — coverage notes the company beat on EPS but revenue was essentially flat y/y and key metrics (broadband churn, studio comps) created a mixed read for near-term growth. Comcast shares rise after in-line Q4 report, overcoming tough environment
• Negative Sentiment: Broadband subscriber losses persisted — Comcast lost more broadband customers than expected as wireless competitors lure consumers, adding pressure to its core high-margin business and long-term growth outlook. Comcast sheds more broadband customers as wireless competition mounts
• Negative Sentiment: Analysts trimmed price targets — Several firms lowered PTs (TD Cowen to $39, Deutsche Bank to $35, Scotiabank to $35.25) citing slower broadband trends and studio uncertainty; ratings largely remain Buy/Peer‑perform, but lowered PTs can weigh on sentiment. TD Cowen Adjusts Price Target Deutsche Bank Adjusts Price Target on Comcast to $35 Scotiabank Adjusts Price Target on Comcast to $35.25
• Negative Sentiment: Studio and box-office headwinds — Broader industry weakness in franchise box-office performance raises near-term risk for Comcast’s Studios revenue and content profitability. Hollywood has an IP problem: Box office sales are banking on franchise hits that keep falling flat

About Comcast

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.