Forecast Of The Day: Comcast’s Broadband Subscriber Fees

+11.55%
Upside
42.85
Market
47.80
Trefis
CMCSA: Comcast logo
CMCSA
Comcast

What?

Comcast’s (NASDAQ:CMCSA) Broadband Subscriber Fees have risen from $55 in 2019 to about $62 in 2021. Trefis expects the metric to rise further to levels of around $62 in 2022 and to $69 by 2023.

Why?

Relevant Articles
  1. Rising 15% Over The Last Year, Will Comcast Stock See Gains Following Q4 Results?
  2. Can Comcast Stock Recover 40% To Pre-Inflation Shock Highs?
  3. What To Expect From Comcast’s Q3 Results?
  4. Will Comcast Stock Return To Its Pre-Inflation Shock Highs?
  5. What To Expect From Comcast’s Q2 Results
  6. Will Comcast Stock Return To Pre-Inflation Shock Highs?

We expect growth to be driven by the adoption of higher-priced, faster broadband tiers and the expansion of the company’s business services.

So What?

We think CMCSA stock isn’t fully pricing in the company’s potential growth. We value CMCSA at $65 per share, almost 40% ahead of the current market price.

See Our Complete Analysis For Comcast

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates