
Comcast (CMCSA) Stock Forecast & Price Target
Comcast (CMCSA) Analyst Ratings
Bulls say
Comcast is seeing a decline in broadband subscribers due to increased competition from fiber-based providers and challenges with fixed wireless. Though ARPU rose slightly and Comcast is implementing new pricing plans, this is expected to decline in the near future as pricing pressure and loss of subscribers continue. However, the company's mobile subscriber base continues to grow, reaching into 15% of its broadband homes.
Bears say
Comcast is facing strong pressure in its core cable business, with continued declines in broadband subscribers and negative ARPU growth. While the company's strategic shift to lower pricing plans and free wireless lines is showing early signs of success, it is also putting significant financial pressure on the company with declines in EBITDA. The recent acquisition of Sky and NBCUniversal may provide some upside potential, but dual-class shares give CEO Brian Roberts substantial power to thwart other initiatives that may benefit shareholders. Overall, we have a negative outlook on Comcast's stock due to the intense competition and financial pressures in the cable business and uncertainty surrounding the company's future strategic decisions.
This aggregate rating is based on analysts' research of Comcast and is not a guaranteed prediction by Public.com or investment advice.
Comcast (CMCSA) Analyst Forecast & Price Prediction
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