Comcast Corporation Class A (CMCSA)

Over the past six months, Comcast's stock has underperformed both the US Media industry and the broader US Market. Key events impacting the stock include mixed Q1 2025 earnings with revenue down 0.6% year-over-year and a loss of cable TV and broadband customers, although adjusted EPS and EBITDA increased. Comcast announced its 16th consecutive annual dividend increase in January 2025. Peacock streaming service prices are set to increase starting July 23, 2025. Members of Congress have traded CMCSA stock eight times in the past six months.

Demand seasonality varies across Comcast's segments. Universal theme parks experience peak attendance during spring, summer, and winter holidays, with the upcoming Epic Universe opening expected to boost revenue. Broadband customer growth experienced muted seasonality in Q3 2023 due to declining housing sales and increased competition. The video segment faces declining demand due to cord-cutting, although Comcast's On Demand services and Peacock have seen high usage and subscriber growth.

Comcast Corporation is a global media and technology company operating in telecommunications, media, and entertainment. It provides connectivity and platform services under brands like Xfinity, Comcast Business, Sky, and NOW. Comcast owns media and entertainment brands such as NBC, Telemundo, Universal, Peacock, and Sky, and manages Universal theme parks, catering to residential and business customers.

Comcast has a global presence in North America, Europe, and Asia. It is a leading cable and telecommunications provider and the largest home internet service provider in the U.S. Comcast is expanding its digital footprint in remote U.S. areas by investing in its Xfinity 10G Network.

Comcast has historically faced criticism for low customer satisfaction and customer service issues. Recent customer losses and price increases for services, including Peacock, have led to user frustration. Comcast has also faced criticism for its stance against net neutrality and its lobbying efforts.

Comcast Corporation's ownership is primarily dominated by institutional investors, holding approximately 81.64% to 87% of the company's stock. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Retail investors hold around 11% to 16.88% of the shares, while insiders own approximately 1.48%. Brian L. Roberts, the Chairman and CEO, is the largest individual shareholder.