ComcastCMCSA
About: Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 63 million US homes and businesses, or nearly half of the country. About 50% of the locations in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is a large television provider in the UK and has invested heavily in proprietary content to build this position. Sky is also a large pay-television provider in Italy and has a presence in Germany and Austria.
Employees: 186,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
63% more call options, than puts
Call options by funds: $1.49B | Put options by funds: $912M
44% more first-time investments, than exits
New positions opened: 177 | Existing positions closed: 123
20% more funds holding in top 10
Funds holding in top 10: 41 [Q2] → 49 (+8) [Q3]
1% more funds holding
Funds holding: 2,304 [Q2] → 2,323 (+19) [Q3]
1% more capital invested
Capital invested by funds: $133B [Q2] → $134B (+$997M) [Q3]
3.68% less ownership
Funds ownership: 86.69% [Q2] → 83.01% (-3.68%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 840 | Existing positions reduced: 1,056
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Macquarie Tim Nollen 63% 1-year accuracy 26 / 41 met price target | 15%upside $42 | Neutral Maintained | 6 Jan 2025 |
Wells Fargo Steven Cahall 59% 1-year accuracy 23 / 39 met price target | 23%upside $45 | Equal-Weight Maintained | 6 Jan 2025 |
Loop Capital Alan Gould 71% 1-year accuracy 15 / 21 met price target | 45%upside $53 | Buy Maintained | 2 Jan 2025 |
Morgan Stanley Benjamin Swinburne 68% 1-year accuracy 13 / 19 met price target | 23%upside $45 | Equal-Weight Downgraded | 16 Dec 2024 |
Seaport Global David Joyce 69% 1-year accuracy 9 / 13 met price target | 26%upside $46 | Buy Upgraded | 12 Dec 2024 |
Financial journalist opinion
Based on 42 articles about CMCSA published over the past 30 days
