Comcast Corporation Dossier
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SectorCommunication Services IndustryCable & Satellite Beta (adjusted)0.78 Intrinsic Value $32.76median of 6 methods · middle span $25-$42based on filings through 30 Jun 2026 Market Price $21.70Price as of 1 Oct 2026 Significantly undervaluedIntrinsic value is 51% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+51%) Data confidence Sign in to view data confidence Market Cap $77B Enterprise Value $153.6B Shares Outstanding 3.5B diluted Moat Rating Narrow Next Earnings Date29 Oct 2026 Next ex-dividend7 Oct 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Comcast presents a balanced setup. The broadband pivot is reducing customer losses and wireless delivered record additions, while Peacock achieved its first quarterly profit and the company generated substantial free cash flow. These positives are offset by declining residential connectivity revenue and EBITDA, lower pro forma consolidated EBITDA, softer theme-park profitability and execution risk around the planned NBCUniversal and Sky separation. The evidence supports retaining exposure while requiring additional quarters of broadband stabilization, sustained Peacock profitability and credible separation progress before adopting a more constructive stance. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$21.00 Mean target$30.08 High · most bullish analyst$44.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $21.0020% Broadband customer losses worsen, residential connectivity margins compress further, Peacock's first profitable quarter proves event-dependent and the separation is delayed or produces greater-than-expected disruption. A prolonged repurchase pause and weaker theme-park results would further reduce support for shareholder returns. Base CaseCentral scenario $30.0855% Matches the consensus meanWireless, Peacock and business-services growth partly offset continued pressure in residential broadband and video, while free cash flow remains meaningful. The separation advances but constrains near-term capital allocation and introduces transition costs and uncertainty. Bull CaseUpside scenario $44.0025% Broadband losses continue improving from the second-quarter level, wireless conversion remains strong, Peacock sustains profitability and the media separation proceeds near the announced timetable. Greater strategic focus and reduced conglomerate complexity could then improve operating execution and investor recognition of the two businesses. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |