WallStSmart
CMCS

Comcast Corp

NASDAQ: CMCSA · COMMUNICATION SERVICES · TELECOM SERVICES

$26.76
-3.18% today

Updated 2026-04-29

Market cap
$107.02B
P/E ratio
5.45
P/S ratio
0.87x
EPS (TTM)
$5.39
Dividend yield
4.54%
52W range
$24 – $33
Volume
31.7M

Comcast Corp (CMCSA) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$26.76
Consensus
$34.94
+30.57%
2030 Target
$430.12
+1507.32%
DCF
$105.22
+69.13% MoS
19 analysts:
7 Buy11 Hold2 Sell

Management guidance

CEO Michael Cavanagh and management discussed significant broadband investments and a shift to simpler pricing models in Q4 2025 earnings call, expecting near-term EBITDA pressure from reinvestment but better monetization in wireless segment once new pricing structure is fully implemented. No specific revenue targets for 2026-2030 were disclosed in available guidance.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$715.01
$130.9B Rev × 20x P/S
Base case (2030)
$430.12
$130.9B Rev × 12x P/S
Bear case (2030)
$284.89
$130.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2030 (E)
Revenue$121.6B$123.7B$123.7B$124.3B$125.8B$127.4B$130.9B
Revenue growth1.8%-0.0%0.4%1.2%1.3%1.4%
EPS$3.97$4.33$4.30$3.58$3.85$4.15$4.68
P/S ratio12.0x12.0x12.0x12.0x
Implied price$407.78$413.36$418.95$430.12

Catalysts & risks

Growth catalysts
+ Broadband pricing simplification and market share recovery from competitive positioning
+ Peacock streaming profitability improvement and sports rights monetization (NBA, Olympics)
+ NBCUniversal content pipeline recovery and Epic Universe theme park expansion impact
+ Wireless segment growth and bundling monetization with broadband
+ NVIDIA AI infrastructure partnership for edge computing and targeted advertising
Key risks
- Cord-cutting acceleration and linear TV subscriber losses despite cable segment stability
- Intense competition from fiber providers (AT&T, T-Mobile) bundling wireless with FTTH
- Peacock profitability challenges and content cost inflation for sports rights
- Broadband pricing reductions and ARPU dilution from simplification strategy
- Macroeconomic pressure on consumer spending affecting both broadband and wireless uptake
- Technical weakness and recent insider selling suggesting near-term stock pressure

Methodology

Comcast Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.