Comcast Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Comcast stock have an average target of 49.86, with a low estimate of 44 and a high estimate of 55. The average target predicts an increase of 31.66% from the current stock price of 37.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$44	$49.86	$50	$55
Change	+16.19%	+31.66%	+32.03%	+45.23%

Analyst Ratings

The average analyst rating for Comcast stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	10	10	9	9	9	8
Buy	6	6	6	5	6	6
Hold	8	8	8	9	8	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	24	24	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Harrigan Benchmark	Benchmark	Strong Buy Reiterates $55	Strong Buy	Reiterates	$55	+45.23%	Apr 10, 2024
Sam McHugh Exane BNP Paribas	Exane BNP Paribas	Buy → Hold Downgrades $45	Buy → Hold	Downgrades	$45	+18.83%	Apr 9, 2024
Steven Cahall Wells Fargo	Wells Fargo	Hold Maintains $50 → $47	Hold	Maintains	$50 → $47	+24.11%	Apr 5, 2024
Timothy Horan Oppenheimer	Oppenheimer	Buy Maintains $55	Buy	Maintains	$55	+45.23%	Apr 3, 2024
Vijay Jayant Evercore ISI Group	Evercore ISI Group	Buy Maintains $50	Buy	Maintains	$50	+32.03%	Mar 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

127.93B

from 121.57B

5.23%

from 121.57B

Revenue Next Year

127.66B

from 127.93B

-0.21%

from 127.93B

EPS This Year

4.36

from 3.71

17.42%

from 3.71

EPS Next Year

4.71

from 4.36

8.23%

from 4.36

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	108.94B	103.56B	116.39B	121.43B	121.57B	127.93B	127.66B	130.50B	131.82B	135.62B
Revenue Growth	15.27%	-4.94%	12.38%	4.33%	0.12%	5.23%	-0.21%	2.23%	1.01%	2.89%
EPS	2.83	2.28	3.04	1.21	3.71	4.36	4.71	5.30	6.12	6.97
EPS Growth	11.86%	-19.43%	33.33%	-60.20%	206.61%	17.42%	8.23%	12.40%	15.55%	13.88%
No. Analysts	-	-	-	-	-	33	31	23	7	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	133.3B	134.5B	138.6B	137.7B	139.4B
Avg	127.9B	127.7B	130.5B	131.8B	135.6B
Low	120.3B	118.1B	118.2B	121.3B	128.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.6%	5.1%	8.6%	5.5%	5.7%
Avg	5.2%	-0.2%	2.2%	1.0%	2.9%
Low	-1.0%	-7.6%	-7.4%	-7.1%	-2.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.74	5.33	6.18	6.53	7.11
Avg	4.36	4.71	5.30	6.12	6.97
Low	3.87	4.17	4.35	5.55	6.63

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	27.6%	22.4%	31.2%	23.2%	16.1%
Avg	17.4%	8.2%	12.4%	15.6%	13.9%
Low	4.4%	-4.2%	-7.6%	4.7%	8.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.