12 Best Streaming Service Stocks to Buy According to Analysts

Page 8 of 10

3) Comcast Corporation (NASDAQ:CMCSA)

Average Upside Potential: 21.5%

Number of Hedge Fund Holders: 72

Comcast Corporation (NASDAQ:CMCSA) operates as a media and technology company. It caters to the broader streaming services sector through its Peacock streaming service, ownership of NBCUniversal, and investments focused on broadband infrastructure supporting streaming. Pivotal Research analyst Jeffrey Wlodarczak reiterated a “Buy” rating on the company’s shares, setting a price target of $40.00.

The analyst opines that Comcast Corporation (NASDAQ:CMCSA) has been trading at a significant discount to the replacement value of its assets as multiples hint at potential upside amidst conservative assumptions. Also, the possibility of strategic moves such as a merger with Charter might unlock synergies, strengthening the position. At Peacock, Comcast Corporation (NASDAQ:CMCSA) delivered revenue growth of 46% in Q4 2024, thanks to a diverse slate of sports and entertainment content, including the successful Paris Olympics.

During the quarter, domestic distribution revenue rose mainly because of increased revenue at Peacock, fueled by a rise in paid subscribers in comparison to the prior year period. Elsewhere, Benchmark analyst mentioned favorable developments within Comcast Corporation (NASDAQ:CMCSA)’s Content & Experiences division. Notably, the streaming service Peacock, and the expectations for upcoming films like “Jurassic Park Rebirth” (slated to release in July 2025), and Christopher Nolan’s “Odyssey” (expected to be released in 2026) are some of the positive factors.

Page 8 of 10