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Posted by
Two Blokes Jul 7 -
Filed in
Stock
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5 views
We rate Comcast a Buy with a $47 PT, driven by strong Parks momentum and improving Peacock profitability, supporting a 31% upside from current levels. Parks expansion and new openings will deliver a $700mn EBITDA lift by FY26, while Peacock's sports-driven growth will outpace consensus expectations. Our valuation for CMCSA applies a disciplined 7.3x EV/EBITDA multiple, reflecting near-term outperformance but discounting for post-spin-off headwinds and broadband churn risks.
