Comcast Corp., US20030N1019

Comcast stock: Rosenblatt keeps USD 31.00 target for Comcast stock

Published on 10/22/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 29.30 billion pro forma in the third quarter. Comcast stock posted adjusted EPS of USD 1.07 versus USD 0.98 expected.

Rosenblatt target and earnings

Rosenblatt maintained a USD 31.00 price target on October 19, 2026.
Third-quarter revenue reached USD 29.30 billion on a pro forma basis.
The last available Tradegate quote was EUR 19.67 on October 20, 2026.
Comcast had a USD 81.0 billion market capitalization and a 7.28 price-to-earnings ratio.

Schwarzweiß-Reportagefoto eines Kabeltechnikers auf einem Strommast in der Vorstadt — Comcast Corp. Kabeltechniker auf Strommast, dokumentarische Schwarzweiss Reportage zur ISIN US20030N1019 Telekommunikation, Illustration mit AI erstellt.

Comcast Corp. (ISIN US20030N1019) reported adjusted earnings per share of USD 1.07 for the third quarter of 2026, above the USD 0.98 consensus estimate cited by CNBC on October 22, 2026. The result arrived alongside a USD 31.00 price target maintained by Rosenblatt on October 19, 2026, as reported by Benzinga.

Revenue was USD 29.30 billion in the third quarter, while pro forma revenue was flat year over year. Comcast's reported revenue declined 6.1 percent from the prior-year period because the comparison reflected the Versant separation and the sale of Sky operations in Germany, according to Comcast.

Peacock offsets connectivity pressure

Peacock delivered its second consecutive profitable quarter, generating USD 261.00 million of adjusted EBITDA on USD 1.80 billion of revenue. Paid subscribers increased 17.00 percent year over year to 48.00 million, while Business Services Connectivity revenue rose 2.70 percent to USD 2.60 billion.

The operating mix remained uneven. Residential Connectivity and Platforms revenue fell to USD 17.02 billion from USD 17.64 billion in the comparable quarter, while its adjusted EBITDA margin was 35.90 percent. Business Services posted a 55.90 percent adjusted EBITDA margin.

Nasdaq price and valuation

On the Nasdaq, Comcast was last quoted at USD 22.88 on October 22, 2026 at 10:38 a.m. ET during the session. The quote was above the previous Nasdaq close of USD 22.08, while the stock's 52-week range was USD 20.48 to USD 32.86.

Comcast had a USD 81.0 billion market capitalization and a 7.28 price-to-earnings ratio. Its quarterly dividend was USD 0.33 per share, equivalent to a 6.00 percent annualized yield based on four payments.

Separation remains a key date

Comcast said on October 22, 2026 that its proposed NBCUniversal and Sky separation remained on track. The company also said its share repurchase program was suspended beginning in the third quarter and would remain paused through the proposed separation.

Euro quote remains dated

The last available euro quote came from Tradegate at EUR 19.67 on October 20, 2026 at 11:18 a.m. CEST. The dated quote sits below the current Nasdaq price translated into euros, so the two venues are not combined into one daily move.