Comcast Faces Q3 Broadband Subscriber Pressure, Softer Parks Revenue, UBS Says
MT newswire2026/09/15 16:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
12:55 PM EDT, 09/15/2026 (MT Newswires) -- Comcast (CMCSA) is expected to see higher broadband subscriber losses and softer parks revenue in Q3, UBS Securities said in a note. The brokerage now expects total revenue and EBITDA to decline 2.2% and 3.1%, respectively, and expects 160,000 broadband losses in Q3 and 200,000 losses in Q4. UBS expects content revenue to rise 4.9% amid the World Cup, political advertising and Peacock, while parks revenue is expected to fall 8%. The investment firm said in a Monday note that the competition in broadband is worsening as fiber growth accelerates, FWA continues at pace and Starlink's v3 broadband constellation ramps up. UBS maintained a neutral rating and lowered its price target to $27 from $32. Shares of Comcast were down 1.5% in Tuesday afternoon trading. Price: 24.51, Change: -0.37, Percent Change: -1.49
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNP Paribas Adjusts Price Target on CRH to $110 From $157, Keeps Outperform Rating
MT newswire•2026/09/16 10:03
North American Morning Briefing: Stock Futures Up Ahead of Expected Fed Rate Hike -2-
Dow Jones•2026/09/16 10:01
Market Chatter: Starbucks Weighs Sale of Majority Stake in Japan Business
MT newswire•2026/09/16 10:00
U.S. Treasury Yields, Dollar Little Changed Ahead of Fed's Likely Rate Hike -- Market Talk
Dow Jones•2026/09/16 09:53