Comcast Corporation stock falls 2.14 percent as target is cut
Published on 09/24/2026 at 18:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Comcast Corporation stock traded at USD 22.07 on Nasdaq on September 24, 2026, down 2.14 percent from the previous close of USD 22.55. The immediate market backdrop is a lower analyst target, while the latest quarterly figures combine an earnings beat with declining revenue.
Target reset to USD 27.50
MarketBeat reported on September 24, 2026, that Citigroup cut its Comcast price target from USD 30.00 to USD 27.50 while retaining a Buy rating. The revised target sits USD 5.43 above the intraday price, leaving the analyst revision as a direct counterpoint to the session decline.
The same report listed a consensus target of USD 32.17 and an average rating of Hold across 28 analysts. That gap matters because Comcast's market value was USD 78,308,828,730 at the September 24, 2026, quote snapshot.
Revenue reaches USD 29.94 billion
MarketBeat reported that Comcast's latest quarterly revenue was USD 29.94 billion, above the USD 29.24 billion consensus estimate by USD 0.70 billion. Quarterly EPS reached USD 1.04 versus USD 0.97 expected, a USD 0.07 beat.
The operating picture was less uniform: revenue declined 1.2 percent year over year, while EPS was below the USD 1.25 reported in the same period a year earlier. For investors, the combination points to solid quarterly execution against estimates but weaker year-over-year momentum.
Stock stays near yearly low
At USD 22.07, Comcast Corporation stock stood USD 10.79 below its 52-week high of USD 32.86 and USD 0.79 above its 52-week low of USD 21.28. The quote was down 2.14 percent on Nasdaq at 12:14 p.m. ET on September 24, 2026, placing the stock closer to its yearly low than its yearly high.
Comcast Corporation market data
- Company: Comcast Corporation
- Ticker: CMCSA
- Trading venue: Nasdaq
- Price (as of September 24, 2026, 12:14 p.m. ET): USD 22.07
- Market capitalization: USD 78,308,828,730 (as of September 24, 2026)
- 52-week range: USD 21.28-32.86 (as of September 24, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
