Royal Bank Of Canada Cuts Comcast (NASDAQ:CMCSA) Price Target to $27.00

Comcast (NASDAQ:CMCSA) had its price objective reduced by Royal Bank Of Canada from $32.00 to $27.00 in a report issued on Monday morning,Benzinga reports. They currently have a sector perform rating on the cable giant’s stock.

Several other brokerages have also recently weighed in on CMCSA. Citigroup dropped their price objective on Comcast from $35.50 to $32.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft raised shares of Comcast from a “hold” rating to a “buy” rating and dropped their price target for the company from $34.00 to $32.00 in a research report on Tuesday, June 30th. Rosenblatt Securities raised shares of Comcast from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $24.00 to $31.00 in a research report on Tuesday, June 30th. Finally, New Street Research decreased their price objective on shares of Comcast from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, June 25th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Comcast currently has an average rating of “Hold” and an average target price of $33.45.

Comcast Stock Performance

Shares of Comcast stock opened at $23.52 on Monday. Comcast has a 52 week low of $22.13 and a 52 week high of $36.01. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01. The business has a 50 day moving average price of $23.93 and a 200-day moving average price of $27.35. The company has a market cap of $84.02 billion, a PE ratio of 4.63, a price-to-earnings-growth ratio of 1.96 and a beta of 0.67.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company had revenue of $31.46 billion for the quarter, compared to analysts’ expectations of $30.42 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share. Comcast’s quarterly revenue was up 5.3% on a year-over-year basis. Equities analysts anticipate that Comcast will post 3.48 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Wednesday, July 1st. Comcast’s payout ratio is presently 25.98%.

Hedge Funds Weigh In On Comcast

Several institutional investors have recently added to or reduced their stakes in CMCSA. Lowe Brockenbrough & Co. Inc. raised its holdings in Comcast by 4.9% in the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 7,532 shares of the cable giant’s stock valued at $225,000 after buying an additional 352 shares during the period. Cora Capital Advisors LLC boosted its stake in Comcast by 3.4% during the fourth quarter. Cora Capital Advisors LLC now owns 11,013 shares of the cable giant’s stock worth $329,000 after buying an additional 362 shares during the period. Oakworth Capital Inc. increased its position in shares of Comcast by 7.4% during the fourth quarter. Oakworth Capital Inc. now owns 5,479 shares of the cable giant’s stock valued at $164,000 after acquiring an additional 377 shares during the last quarter. WPG Advisers LLC raised its stake in shares of Comcast by 15.9% in the 4th quarter. WPG Advisers LLC now owns 2,801 shares of the cable giant’s stock valued at $84,000 after acquiring an additional 384 shares during the period. Finally, Addison Advisors LLC raised its stake in shares of Comcast by 55.7% in the 4th quarter. Addison Advisors LLC now owns 1,074 shares of the cable giant’s stock valued at $32,000 after acquiring an additional 384 shares during the period. Institutional investors own 84.32% of the company’s stock.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Neutral Sentiment: Wall Street is looking for Comcast to report Q2 results this Thursday, with analysts and preview pieces focusing on whether broadband, media, and theme park weakness has stabilized. What To Expect From Comcast’s (CMCSA) Q2 Earnings
• Neutral Sentiment: Several articles highlight Comcast as a value and restructuring story, with investors watching whether a strategic split involving NBCUniversal could unlock shareholder value. Comcast (NASDAQ:CMCSA) Builds Value Case Through Strategic Split
• Neutral Sentiment: RBC Capital reiterated a Hold rating but trimmed its price target to $27, signaling continued caution rather than a strong bullish catalyst. RBC Capital Sticks to Their Hold Rating for Comcast (CMCSA)
• Negative Sentiment: Analysts are broadly expecting Comcast’s upcoming quarter to show softer performance, reinforcing concerns that growth is slowing in key businesses. Comcast Q2 2026 earnings preview: Analysts anticipate quarterly decline
• Negative Sentiment: Coverage also points to ongoing pressure in broadband, media, and theme parks, which could limit near-term upside if management does not deliver a positive surprise on earnings or guidance. Comcast Gears Up to Report Q2 Earnings: What’s in the Cards?

Comcast Company Profile

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.