Comcast Corp., US20030N1019

Comcast stock: Goldman Sachs cuts target from USD 24.00 to USD 23.00

Published on 10/23/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Peacock posted USD 261.00 million in Q3 2026. Comcast stock costs EUR 20.30 on October 23, 2026, down 0.73 percent versus the Xetra close.

Goldman Sachs cuts target

Goldman Sachs analyst Michael Ng cut Comcast's target to USD 23.00 from USD 24.00 on October 23, 2026.
Peacock generated USD 261.00 million in adjusted EBITDA during the third quarter of 2026.
Comcast stock costs EUR 20.30 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST, minus 0.73 percent versus the Xetra close of October 22, 2026.
Comcast declared a USD 0.33 dividend payable on January 27, 2027.

Flatlay mit Aktienzertifikat ISIN US20030N1019, Glasfaserkabel, Fernbedienung und Smartphone — Comcast Corp. Aktien Flatlay mit ISIN US20030N1019 Zertifikat, Glasfaserkabel und Telecom Utensilien auf Schiefer, Illustration mit AI erstellt.

On October 23, 2026, Goldman Sachs analyst Michael Ng cut Comcast's price target from USD 24.00 to USD 23.00 and kept a Neutral rating, citing broadband subscriber losses and competition concerns, as Yahoo Finance reported. Comcast stock was trading at EUR 20.30 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST, down 0.73 percent versus the Xetra close of October 22, 2026 at EUR 20.45.

Peacock adds a profit counterweight

Comcast's third-quarter results showed a split between growth businesses and its pressured connectivity operation. According to Comcast, Peacock generated USD 261.00 million in adjusted earnings before interest, taxes, depreciation and amortization on USD 1.80 billion in revenue during the third quarter of 2026. Paid subscribers rose 17.00 percent year over year to 48.00 million.

What does broadband pressure mean?

The operating contrast is visible in customer figures. Comcast lost 144,000 domestic broadband customers in the third quarter of 2026, while domestic wireless added 368,000 lines and reached 10.60 million total lines, according to the company release. Connectivity and Platforms revenue fell to USD 19.66 billion from USD 20.21 billion in the year-earlier quarter.

Valuation and dividend date

Comcast's Nasdaq quote was USD 22.73 on October 23, 2026 at 10:25 a.m. ET. Its market capitalization was USD 80.5 billion, with a price-to-earnings ratio of 7.20 and a trailing dividend yield of 6.00 percent on the same date. The Goldman Sachs target is 1.19 percent above that Nasdaq price.

Comcast's board declared a quarterly cash dividend of USD 0.33 per share, payable on January 27, 2027, to shareholders of record on January 6, 2027, according to MarketScreener.

Stock position after the results

The euro quote stands inside its EUR 18.39 to EUR 27.61 52-week range as of October 23, 2026. The Nasdaq price and the Xetra-linked euro quote therefore frame a stock balancing streaming profitability and wireless growth against broadband losses.

Comcast was trading at EUR 20.30 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST, minus 0.73 percent versus the Xetra close of October 22, 2026 at EUR 20.45. The further course of trading is shown by the continuously updated real-time quote of Comcast stock.