Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Comcast (CMCSA)
NASDAQCommunication ServicesTelecommunications ServicesSnapshot 2026-11-04
$24.95+0.40%
Close 2026-11-05 · 1-day change
NASDAQCommunication ServicesTelecommunications ServicesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
3.57 → 3.51 EPS · FY ending Dec 31, 2027 · 15 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 14 to 15; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for CMCSA yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Maintain strong balance sheet | The company invests in core growth businesses and maintains a solid balance sheet. | Intact | Net income remains negative or below $0 in FY26 | Net income: $3.448B FY2026-Q3; GAAP. Published target: Net income >= $1 billion annually. Annual target cannot be compared with a quarterly or TTM observation. Oct 22, 20263,448,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a mature communications and media business with a multi-year view built on broadband, wireless, content, streaming, and theme parks. The thesis is intact, and recent financial performance is strong, though delivery across key priorities is mixed.
CMCSA is valued cheaply versus peers, and the valuation signal is classified as justified, with low fragility. The expectations gap is negative, suggesting the market’s assumptions remain cautious; valuation model confidence is medium.
Near term, three consecutive earnings beats and improving company momentum support the operating picture, while the chance of an earnings miss is assessed as low. Wireless lines reached 10.6 million and Peacock generated positive adjusted operating profit in the latest quarter, but broadband customer losses remain a concern and theme parks face cyclical headwinds.
Over the next few quarters, the thesis depends on stabilizing broadband losses while continuing to grow wireless through bundled services. A guidance cut would be a meaningful negative; rate cuts or continued strong results from major communications peers could support the sector backdrop. The NBCUniversal and Sky separation remains on track, but the evidence does not yet show a specific financial milestone.
For the next 1 to 3 years, CMCSA’s strong recent performance and cheap peer valuation support an intact long-term thesis, while broadband trends and sector headwinds remain important risks. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| It grew revenue 5.3% in Q1 2026 and has a strong free cash flow of $3.9 billion. |
| Intact |
| Free cash flow falls below $3.5 billion in FY26 |
Free cash flow: $4.213B FY2026-Q3; GAAP. Published target: >= $3.9 billion. Annual target cannot be compared with a quarterly or TTM observation. Oct 22, 20264,213,000,000 USD · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Expand media business via acquisitions | Recent acquisitions strengthen its media presence. | Intact | Acquisition integration fails or revenue contribution delayed beyond FY27 | Qualitative condition This condition has no defined numerical measure. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Sustain positive revenue growth | A primary condition in Comcast's published investment case. The stated target is >=3% YoY revenue growth. | Broken | YoY revenue growth falls below 0% next year | Revenue growth: -6.09% FY2026-Q3; GAAP. Published target: >=3% YoY revenue growth. Reported actuals cannot certify a consensus target without an explicit period and accounting-basis binding. Oct 22, 2026-6.090134 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$3.68 → $3.51 · observed estimates
$119.92B → $116.37B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $3.68 | $119,919,862,890 | 20 / 21 |
| 2026-07-25 | $3.64 | $119,531,903,527 | 14 / 17 |
| 2026-07-26 | $3.64 | $118,773,541,810 | 20 / 21 |
| 2026-07-27 | $3.63 | $118,623,439,910 | 20 / 22 |
| 2026-07-28 | $3.63 | $118,623,439,910 | 20 / 22 |
| 2026-07-29 | $3.62 | $118,490,256,290 | 20 / 22 |
| 2026-07-30 | $3.62 | $118,490,256,290 | 20 / 22 |
| 2026-07-31 | $3.63 | $118,700,717,658 | 14 / 17 |
| 2026-08-01 | $3.63 | $118,700,717,658 | 14 / 17 |
| 2026-08-02 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-03 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-04 | $3.62 | $118,442,938,110 | 20 / 22 |
| 2026-08-05 | $3.62 | $118,442,938,110 | 20 / 22 |
| 2026-08-06 | $3.62 | $118,442,938,110 | 20 / 22 |
| 2026-08-07 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-08 | $3.62 | $118,442,938,110 | 20 / 22 |
| 2026-08-09 | $3.62 | $118,442,938,110 | 20 / 22 |
| 2026-08-10 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-11 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-12 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-13 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-14 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-15 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-16 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-17 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-18 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-19 | $3.62 | $118,653,399,476 | 14 / 17 |
| 2026-08-20 | $3.62 | $118,653,404,435 | 14 / 17 |
| 2026-08-21 | $3.62 | $118,653,404,435 | 14 / 17 |
| 2026-08-22 | $3.62 | $118,653,404,435 | 14 / 17 |
| 2026-08-23 | $3.62 | $118,653,404,435 | 14 / 17 |
| 2026-08-24 | $3.62 | $118,653,404,435 | 14 / 17 |
| 2026-08-25 | $3.62 | $118,653,404,435 | 14 / 17 |
| 2026-08-26 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-08-27 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-08-28 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-08-29 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-08-30 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-08-31 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-01 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-02 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-03 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-04 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-05 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-06 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-07 | $3.62 | $118,653,405,208 | 14 / 17 |
| 2026-09-08 | $3.61 | $118,517,376,885 | 14 / 17 |
| 2026-09-09 | $3.61 | $118,517,371,556 | 14 / 17 |
| 2026-09-10 | $3.61 | $118,517,371,556 | 14 / 17 |
| 2026-09-11 | $3.61 | $118,535,704,889 | 14 / 17 |
| 2026-09-12 | $3.61 | $118,535,704,889 | 14 / 17 |
| 2026-09-13 | $3.61 | $118,535,704,889 | 14 / 17 |
| 2026-09-14 | $3.61 | $118,535,704,889 | 14 / 17 |
| 2026-09-15 | $3.61 | $118,535,704,889 | 14 / 17 |
| 2026-09-16 | $3.59 | $118,348,522,929 | 14 / 17 |
| 2026-09-17 | $3.59 | $118,225,819,704 | 14 / 17 |
| 2026-09-18 | $3.59 | $118,225,819,704 | 14 / 17 |
| 2026-09-19 | $3.59 | $118,225,819,704 | 14 / 17 |
| 2026-09-20 | $3.58 | $118,172,456,067 | 14 / 17 |
| 2026-09-21 | $3.58 | $118,172,456,067 | 14 / 17 |
| 2026-09-22 | $3.58 | $118,172,456,067 | 14 / 17 |
| 2026-09-23 | $3.58 | $118,117,642,972 | 14 / 17 |
| 2026-09-24 | $3.58 | $117,920,597,517 | 14 / 17 |
| 2026-09-25 | $3.57 | $117,889,810,381 | 14 / 17 |
| 2026-09-26 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-09-27 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-09-28 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-09-29 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-09-30 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-10-01 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-10-02 | $3.56 | $117,731,409,586 | 14 / 17 |
| 2026-10-03 | $3.57 | $117,630,287,417 | 14 / 17 |
| 2026-10-04 | $3.57 | $117,630,287,417 | 14 / 17 |
| 2026-10-05 | $3.57 | $117,630,287,417 | 14 / 17 |
| 2026-10-06 | $3.57 | $117,630,304,821 | 15 / 17 |
| 2026-10-07 | $3.57 | $117,630,304,821 | 15 / 17 |
| 2026-10-08 | $3.57 | $117,562,356,916 | 15 / 17 |
| 2026-10-09 | $3.57 | $117,562,356,916 | 15 / 17 |
| 2026-10-10 | $3.57 | $117,562,356,916 | 15 / 17 |
| 2026-10-11 | $3.57 | $117,552,964,049 | 14 / 17 |
| 2026-10-12 | $3.57 | $117,552,964,049 | 14 / 17 |
| 2026-10-13 | $3.57 | $117,552,964,049 | 14 / 17 |
| 2026-10-14 | $3.56 | $117,480,504,544 | 14 / 17 |
| 2026-10-15 | $3.56 | $117,480,504,544 | 14 / 17 |
| 2026-10-16 | $3.56 | $117,480,504,544 | 14 / 17 |
| 2026-10-17 | $3.56 | $117,480,504,544 | 14 / 17 |
| 2026-10-18 | $3.56 | $117,480,504,544 | 14 / 16 |
| 2026-10-19 | $3.56 | $117,480,504,544 | 14 / 16 |
| 2026-10-20 | $3.56 | $117,480,504,544 | 14 / 16 |
| 2026-10-21 | $3.56 | $117,483,231,817 | 14 / 16 |
| 2026-10-22 | $3.55 | $117,382,037,072 | 14 / 16 |
| 2026-10-23 | $3.54 | $116,904,330,127 | 14 / 16 |
| 2026-10-24 | $3.52 | $116,539,917,887 | 15 / 16 |
| 2026-10-25 | $3.52 | $116,539,917,887 | 15 / 16 |
| 2026-10-26 | $3.52 | $116,539,917,887 | 15 / 16 |
| 2026-10-27 | $3.52 | $116,539,917,887 | 15 / 16 |
| 2026-10-28 | $3.51 | $116,372,781,523 | 15 / 16 |
| 2026-10-29 | $3.51 | $116,372,781,523 | 15 / 16 |
| 2026-10-30 | $3.51 | $116,372,781,469 | 15 / 16 |
| 2026-10-31 | $3.51 | $116,372,781,469 | 15 / 16 |
| 2026-11-01 | $3.51 | $116,372,781,469 | 15 / 16 |
| 2026-11-02 | $3.51 | $116,372,781,469 | 15 / 16 |
| 2026-11-03 | $3.51 | $116,372,781,469 | 15 / 16 |
| 2026-11-04 | $3.51 | $116,372,781,469 | 15 / 16 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 9 Buy / Strong Buy · 14 Hold · 4 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 5 recorded
0 raises · 2 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.