Rosenblatt keeps Buy rating for Comcast stock at USD 31.00 target
Published on 10/20/2026 at 11:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCatalysts before the next report
- Rosenblatt Securities reiterated a Buy rating and set a USD 31.00 target on October 19, 2026.
- Comcast reported USD 29.94 billion in second-quarter revenue, down 1.20 percent year over year.
- Comcast stock traded at EUR 19.63 at 11:41 a.m. CEST at Lang & Schwarz on October 20, 2026.
Comcast Corporation (ISIN US20030N1019) was trading at EUR 19.63 at Lang & Schwarz on October 20, 2026, at 11:41 a.m. CEST. MarketBeat reported on October 19, 2026, that Rosenblatt Securities reiterated its Buy rating and set a USD 31.00 price target.
Targets show a divided view
The Rosenblatt target contrasts with a more cautious recent target history. MarketBeat listed KeyCorp's September 24, 2026 Underweight rating with a USD 18.00 target, while Bank of America had retained a Buy rating with a USD 35.00 target on September 16, 2026. The same report identified a consensus Hold rating and a USD 30.81 average target from 29 analysts.
Three target changes since June
The recent chronology is clear. Deutsche Bank cut its target from USD 34.00 to USD 32.00 on June 30, 2026; Bank of America reduced its target from USD 37.00 to USD 35.00 on September 16, 2026; and Rosenblatt set the USD 31.00 target on October 19, 2026, according to MarketBeat. The sequence leaves the latest target above the current euro quote, but the targets are stated in USD and are not directly comparable with it.
What does October 22 bring?
The next test is Comcast's third-quarter report. Yahoo Finance reported on October 19, 2026, that analysts expected third-quarter revenue of USD 29.35 billion and earnings of USD 0.98 per share for the October 22 release. That revenue estimate would be 5.92 percent below the year-ago figure.
The previous operating picture sets a demanding comparison. Comcast reported USD 29.94 billion in second-quarter revenue, down 1.20 percent year over year, while diluted earnings per share were USD 0.99 in the second quarter of 2026. Operating cash flow reached USD 8.09 billion in that quarter. MarketBeat also reported that Comcast declared a USD 0.33 quarterly dividend payable on October 28, 2026.
Price and upcoming dates
The primary listing is Nasdaq, where Comcast was last at USD 21.90 on October 19, 2026, at 4:00 p.m. ET. The same session's 52-week range was USD 20.48 to USD 32.86, placing the US quote near its yearly low. The October 22 results and October 28 dividend payment are the next dated company events.
Comcast was trading at EUR 19.63 at Lang & Schwarz on October 20, 2026, at 11:41 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Comcast stock.
Comcast stock facts
- Company: Comcast Corporation
- ISIN: US20030N1019
- Ticker: CMCSA
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 11:41 a.m. CEST): EUR 19.63
- Market capitalization: USD 77.5 billion (as of October 19, 2026)
- 52-week range: USD 20.48-32.86 (as of October 19, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
Market context: Market report Nasdaq Composite.
