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Comcast Faces Q3 Broadband Subscriber Pressure, Softer Parks Revenue, UBS Says

Comcast Faces Q3 Broadband Subscriber Pressure, Softer Parks Revenue, UBS Says

MT newswireMT newswire2026/09/15 16:55
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
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