Comcast (CMCSA) Valuation Check After 27% Year‑to‑Date Share Price Slide

Comcast (CMCSA) has quietly slipped this year, with the stock down about 27% year to date, even as the underlying business keeps generating solid cash and modest revenue growth.

See our latest analysis for Comcast.

That slump comes after a sharp reset in sentiment, with the 90 day share price return of minus 19.1% and one year total shareholder return of minus 33.5% showing momentum has clearly faded despite resilient cash generation.

If Comcast’s pullback has you rethinking where you want growth and resilience, it could be worth scanning fast growing stocks with high insider ownership for other ideas with more upbeat market momentum.

With Comcast now trading well below analysts’ targets despite steady revenues and a hefty intrinsic discount, are investors being offered a rare value entry point, or is the market already bracing for weaker long term growth?

Most Popular Narrative: 20.8% Undervalued

Comcast’s most followed narrative pegs fair value close to $34.65 per share, above the last close at $27.43, setting up a valuation gap built on detailed long term cash flow assumptions.

The analysts have a consensus price target of $39.75 for Comcast based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $50.0, and the most bearish reporting a price target of just $31.0.

Read the complete narrative.

Curious how modest revenue growth, falling margins and shrinking share count can still add up to upside potential? The answer lies in one bold earnings trajectory and a valuation multiple that assumes investors eventually pay tech like prices for a slower growing media giant. Want to see the exact projections behind that call?

Result: Fair Value of $34.65 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, intensifying broadband competition and rising sports content costs could easily erode margins and undermine the bullish earnings trajectory behind that valuation gap.

Find out about the key risks to this Comcast narrative.

Build Your Own Comcast Narrative

If you see the story differently or would rather dig into the numbers yourself, you can build a custom view in minutes with Do it your way.

A great starting point for your Comcast research is our analysis highlighting 5 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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