Benchmark Reaffirms Its "Buy" Rating on Comcast Corporation (CMCSA) with $48 PT

Fisher Asset Management holds $2.16 million worth of Comcast Corporation (NASDAQ:CMCSA) shares, helping it secure a place on our list of billionaire Ken Fisher’s 10 consumer stock picks with the highest upside potential.

On October 15, 2025, Benchmark reaffirmed its “Buy” rating on Comcast Corporation (NASDAQ:CMCSA) with a $48 price target.

The investment firm’s bullish stance on Comcast Corporation (NASDAQ:CMCSA) reflects the view that the stock is significantly undervalued, supported by an 18% free cash flow yield. Expectations are in place for improvements in the company’s Connectivity & Platforms segment due to advancements in Xfinity’s broadband migration and expansion of mobile penetration through new offers.

Meanwhile, Benchmark expects significant improvements in the company’s Content & Experiences segment through the Epic Universe theme park and a new Las Vegas attraction. Furthermore, the investment firm sees the company aiming to tilt its portfolio toward high-growth businesses, with the Versant spin-off and the Sky Germany sale progressing.

Comcast Corporation (NASDAQ:CMCSA), a global media and technology leader, offers broadband, streaming, and entertainment services worldwide. It is included in Ken Fisher’s Stock Portfolio.

While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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