Latest news with #mediacompany
Yahoo
30-07-2025
- Business
- Yahoo
Comcast Stock Outlook: Is Wall Street Bullish or Bearish?
With a market cap of $122.6 billion, Comcast Corporation (CMCSA) is a global media and technology company. It operates across five key segments: Residential Connectivity & Platforms; Business Services Connectivity; Media; Studios; and Theme Parks, delivering broadband, wireless, entertainment, and immersive experiences worldwide. Shares of the Philadelphia, Pennsylvania-based company have underperformed the broader market over the past 52 weeks. CMCSA stock has decreased 19.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.6%. In addition, shares of Comcast are down 12.5% on a YTD basis, compared to SPX's 8.3% rise. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here? Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Moreover, the media giant stock has lagged behind the Communication Services Select Sector SPDR ETF Fund's (XLC) 25.4% gain over the past 52 weeks. Shares of Comcast rose 2.1% following its Q1 2025 results on Apr. 24. The company reported adjusted EPS of $1.09, beating the consensus estimate, and free cash flow surged to $5.42 billion. Despite a slight revenue decline to $29.9 billion, Comcast outperformed estimates, and strong performance from Peacock, with 41 million paid subscribers and 16% revenue growth, further supported investor confidence. For the current fiscal year, ending in December 2025, analysts expect CMCSA's EPS to decline marginally year-over-year to $4.31. However, the company's earnings surprise history is strong. It beat the consensus estimates in the last four quarters. Among the 31 analysts covering the stock, the consensus rating is a 'Moderate Buy.' That's based on 15 'Strong Buy' ratings, 14 'Holds,' and two 'Strong Sells.' On Jul. 25, Rosenblatt raised its price target on Comcast to $37 while maintaining a 'Neutral' rating, citing a Q2 preview that factors in Peacock's July 23 $3 price hike, strong upfronts, and new broadband pricing. As of writing, the stock is trading below the mean price target of $40.46. The Street-high price target of $58 implies a potential upside of 76.7% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Gulf Business
28-07-2025
- Business
- Gulf Business
OSN group CEO Joe Kawkabani to step down
Image: LinkedIn Kawkabani's tenure, which lasted three years, saw significant strategic developments for the media company. Earlier this year, Warner Bros. Discovery (WBD) made a strategic minority investment in OSN Streaming, an OSN Group subsidiary. In 2024, OSN Group acquired 55.45 per cent of The company also secured long-term partnerships, including an exclusive deal with HBO in 2022. OSN chair thanks Kawkabani for his contribution Sheikha Dana Naser Sabah Al Ahmad Al Sabah, chairperson of OSN Group, thanked Kawkabani for his 'dedicated leadership and valuable contributions,' adding, 'As we move forward, our full commitment remains to offer our subscribers the best and most unique media content experience in the region.' Kawkabani stated, 'After three incredible years, I have decided to move on to the next challenge. It has been my privilege to lead OSN and to drive its growth and transformation. Through strategic investments and local and international partnerships, we unlocked new growth opportunities for OSN in a challenging but exciting time for the media industry.'
