Comcast Corporation (CMCSA) earnings on April 23, 2026

Before the market opens Q1 2026

More Comcast Corporation earnings

Prior outlook: Pessimistic Outcome: Missed

The stock surged over 7% after its earnings report, showing a strong positive reaction. This suggests the market is more optimistic about the company's future.

CMCSA price around the earnings

31.61

Change: +7.8%

2026-04-23, 19:59 UTC

Start of the measured window
29.25 30.20 31.15 32.10 29.33
Price series around the eventClosing price per minute from before the event to the end of the measured window.
April 23, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Analysts cautious — risk outweighs reward.

Experts are cautious because the stock's recent price movement has been weak, and many retail investors seem overly optimistic. While analysts see some potential upside, it's not enough to overcome the current technical weaknesses.

Context analyzed before publication

Summary
Analysts cautious — risk outweighs reward.
Reasoning
Experts are cautious because the stock's recent price movement has been weak, and many retail investors seem overly optimistic. Analysts cite some optimistic scenario elements, though technical weaknesses remain a key factor.
Playbook
The weak technical contexts and crowded retail sentiment present a cautious scenario. A clearer technical picture and stronger underlying strength would be key factors for a shift in the outlook.
Trend
Outlook consistently cautious over past five sessions.

Analysts

Drivers

  • Analysts Neutral

    Analysts generally recommend holding the stock, with price targets cited at a modest level above the current price. This modest scenario doesn't strongly contradict current technical levels.

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.67
Analysts covering the stock
22
Average price target
32.68
Lowest price target
23
Highest price target
44
Upside to price target
12.5%
Quarterly earnings growth
-54.6%
Revenue growth
1.2%
Forward EPS
3.84
Trailing EPS
5.39
Analyst moves in the last 60 days
1
  • Strong buy: 2
  • Buy: 6
  • Hold: 16
  • Sell: 2
  • Strong sell: 1
Strong buy
2
Buy
6
Hold
16
Sell
2
Strong sell
1
  • April 1, 2026 · Scotiabank: Maintains rating (Sector Perform → Sector Perform)

News and sentiment

Drivers

  • News & sentiment Negative

    Despite weak price trends and mixed news, most retail investors are very optimistic. This extreme optimism, especially on low market review volume, is a warning sign because it doesn't align with the stock's current technical condition.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (2)
  • Super Mario Dominates Box Office: Will Nintendo, Comcast Or AMC Stock Be The Biggest Winner? — Benzinga
  • Scotiabank Maintains Sector Perform on Comcast, Lowers Price Target to $34 — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock's recent price trend is weak, showing a negative 30-day momentum. It has also performed significantly worse than the overall market, indicating a lack of buying interest.

  • Technical Negative

    The average price target from analysts is higher than the stock's immediate resistance level. This suggests that the price level cited by analysts might face selling pressure near current resistance, indicating a potentially unfavorable risk-reward balance.

Evidence

Average true range (ATR)
2.4%
Distance to 52-week high
-15.4%
14-day change (14d)
+3.6%
30-day change
-6.5%
30-day relative strength
-10.3%
Benchmark change
+3.8%
Nearest support
27.49
Nearest resistance
31.33
Volume accumulation ratio
0.85

Trends

Evidence

Average earnings surprise
+4.8%
  • January 29, 2026: actual EPS 0.84 vs estimate 0.76 (surprise +10.8%)
  • October 30, 2025: actual EPS 0.9 vs estimate 0.97 (surprise -7.2%)
  • July 31, 2025: actual EPS 1.25 vs estimate 1.18 (surprise +5.9%)
  • April 24, 2025: actual EPS 1.09 vs estimate 0.99 (surprise +9.9%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
3.4%
75th percentile move
6%
90th percentile move
9.3%
Up / down moves
9 / 10
Average up move
+3.3%
Average down move
-5.3%

Monitoring and close

What Comcast Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Missed
Consolidated
+7.8%
Max favorable move (MFE)
0%
Max adverse move (MAE)
9.4%