Comcast (CMCSA) Stock News

Comcast finished a network expansion in Washington County, Pennsylvania, bringing fiber-powered Xfinity and Comcast Business services to over 2,300 previously unserved homes and businesses. The project was supported by ARPA funds and a public-private partnership.

Comcast shares fell 2.2% to $21.64 in premarket trading, on track to close at their lowest level since October 2013. KeyBanc downgraded the stock to Underweight with an $18 price target. Analyst Brandon Nispel cited faster-than-expected broadband subscriber losses (558,000 in 2026, 665,000 in 2027), a slowing theme park business, and skepticism that the planned NBCUniversal spinoff will boost the stock. He sees the spinoff potentially paving the way for a merger with Charter Communications, which rose 0.4% premarket.

KeyBanc analyst Brandon Nispel downgrades Comcast to underweight from sector weight with an $18 price target, citing likely worse-than-expected 3Q results on all key metrics. Nispel expects broadband net adds to remain pressured as competitors ramp up offers he calls "irrational," and does not expect rivals to relent. Comcast shares fall 2.2% to $21.65.

Keybanc announced a price target of $18.00 per share for Comcast (CMCSA). No other details were disclosed.

Keybanc cut Comcast to Underweight from Sector Weight, according to a ratings action published by Benzinga.

Comcast completed network expansions in Milton and New Durham, New Hampshire, giving nearly 4,700 homes and businesses access to multi-gigabit, symmetrical internet. The buildout finished months ahead of schedule. Xfinity and Comcast Business services are now available in the communities, part of a broader investment in Strafford County.