75% of Comcast’s Stock Value Comes from 3 Products
Comcast (NASDAQ:CMCSA) competes with satellite pay-TV providers like DirecTV (NASDAQ:DTV) and Dish Network (NASDAQ:DISH), cable companies like Time Warner Cable (NYSE:TWC), and telecom operators like AT&T (NYSE:T) and Verizon (NYSE:VZ). Our price estimate for Comcast stands at $29.57, implying upside of about 20% to the stock’s market price.
The 3 Most Important Product Segments for Comcast
- Rising 15% Over The Last Year, Will Comcast Stock See Gains Following Q4 Results?
- Can Comcast Stock Recover 40% To Pre-Inflation Shock Highs?
- What To Expect From Comcast’s Q3 Results?
- Will Comcast Stock Return To Its Pre-Inflation Shock Highs?
- What To Expect From Comcast’s Q2 Results
- Will Comcast Stock Return To Pre-Inflation Shock Highs?
1) Broadband Internet – represents 31% of the company’s stock value
Comcast offers broadband internet to its customers, which it bundles with other services like pay-TV and voice. The company has maintained its roughly 20% market share in the U.S. broadband market over the past few years.
See the top forecasts for the broadband internet division
2) Digital Cable – represents 30% of the company’s stock value
Comcast offers cable TV service on a digital platform, for which subscribers need to have a digital cable line installed in their home. Although Comcast has been losing overall pay-TV subscribers, its digital TV subscribers have been increasing.
See the top forecasts for the digital cable division
3) Digital Voice – represents 14% of the company’s value
Comcast provides voice services through its Voice Over Internet Protocol (or VoIP) service. The service uses Comcast’s existing cable infrastructure to route calls, thus acting as an alternative to traditional landlines. However, the company has been losing share in the U.S. VoIP market over the past few years.
See the top forecasts for the digital voice division
See our full analysis and $29.57 price estimate for Comcast stock