Comcast Corp., US20030N1019

Comcast stock: Bernstein keeps USD 23.00 target for Comcast stock

Published on 10/16/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Comcast revenue fell 1.20 percent to USD 29.94 billion in Q2 2026. Comcast stock costs EUR 19.79 on October 16, 2026 at Lang & Schwarz.

Analyst target and earnings date

Sanford C. Bernstein maintained a USD 23.00 target for Comcast on October 13, 2026.
Comcast generated USD 29.94 billion in revenue in the second quarter of 2026, down 1.20 percent year over year.
Comcast stock costs EUR 19.79 at Lang & Schwarz on October 16, 2026 at 5:41 p.m. CEST.
Comcast is scheduled to report third-quarter 2026 results on October 22, 2026.

Isometrische 3D-Illustration der Telekommunikations-Wertschöpfungskette von Studio bis Wohnzimmer — Comcast Corp. isometrisches 3D Diagramm der Telekommunikation Wertschoepfungskette mit Datenpfaden ISIN US20030N1019, Illustration mit AI erstellt.

Sanford C. Bernstein maintained a USD 23.00 price target and a Market Perform rating for Comcast on October 13, 2026, according to MarketBeat. Against Comcast's USD 22.28 Nasdaq price at 11:46 a.m. ET on October 16, 2026, the target sits 3.23 percent higher. Comcast stock was at EUR 19.79 at Lang & Schwarz on October 16, 2026 at 5:41 p.m. CEST.

Revenue fell in the second quarter

Comcast reported USD 29.94 billion in revenue for the second quarter of 2026, down 1.20 percent from the same period a year earlier. Net income was USD 3.42 billion, while diluted earnings per share came to USD 0.99, according to the quarterly financial data for the period ended June 30, 2026.

A separate MarketBeat report said Comcast had adjusted earnings of USD 1.04 per share against a USD 0.97 consensus estimate for the quarter. The same report put the quarterly dividend at USD 0.33 per share and the annualized yield at 6.30 percent.

Price position and valuation

On Nasdaq, Comcast traded at USD 22.28 on October 16, 2026 at 11:46 a.m. ET, up 2.34 percent on the day. Its 52-week range was USD 20.48 to USD 32.86, placing the quote 46.64 percent below the high and 8.79 percent above the low. Trading volume was 6,906,718 shares against an average of 29,095,762.

Comcast's market capitalization was USD 78.9 billion on October 16, 2026, with a price-to-earnings ratio of 7.20. The next scheduled results date is October 22, 2026, before the market opens, according to MarketBeat.

Comparison with peers

Comcast Corporation: plus 2.34 percent, P/E 7.20, market capitalization USD 78.9 billion.

Verizon Communications (NYSE, USD): plus 1.05 percent, P/E 11.69, market capitalization USD 186.4 billion.

Charter Communications (Nasdaq, USD): plus 1.72 percent, P/E 2.91, market capitalization USD 15.1 billion.

What the target says

The Bernstein target is close to the current Nasdaq quote, while the broader analyst picture remains mixed. MarketBeat listed 29 analyst ratings, including 11 Buy, 13 Hold and five Sell ratings, with an average target of USD 30.81. Comcast's upcoming results therefore provide the next dated test for revenue and earnings trends.

Comcast stock in view

For investors, the key contrast is between a low price-to-earnings ratio and a second-quarter revenue decline. The USD 23.00 Bernstein target is only 3.23 percent above the Nasdaq quote, leaving the October 22 results date as the next concrete event.

The further course of trading is shown by the continuously updated real-time quote of Comcast stock.