Comcast Corporation (NASDAQ:CMCSA) is included among the 15 Best Passive Income Stocks to Buy Right Now.
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On November 4, BNP Paribas Exane analyst Sam McHugh upgraded Comcast Corporation to Neutral from Underperformrm and set a $28 price target, as reported by The Fly.
Comcast Corporation continues to deal with several structural issues. The pressures in the cable segment are already familiar to investors, and the company shifted its focus to broadband to offset that weakness. That business, however, has now matured, and the company is starting to lose broadband subscribers. It has been offsetting some of that decline with an increase in wireless customers. In the third quarter of 2025, Comcast added 414,000 domestic wireless lines, its highest quarterly result so far, and pushed wireless penetration above 14% among its domestic residential broadband base, reaching 8.9 million total lines.
Comcast Corporation reported consolidated adjusted EBITDA of $9.7 billion, adjusted earnings of $1.12 per share, and free cash flow of $4.9 billion. The company returned $2.8 billion to shareholders through $1.2 billion in dividends and $1.5 billion in share buybacks, which reduced the share count by 5% from the same period last year. Revenue fell by 2.7% due to difficult comparisons against the prior year, which benefited from additional revenue tied to the Paris Olympics.
Comcast Corporation is a media and technology company that offers internet, cable TV, and phone services to both households and businesses.
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