Comcast to Spin Off Versant Media Group in Transaction Expected to Complete on January 5
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Comcast (CMCSA) is spinning off Versant Media Group (VSNT) in a transaction expected to be completed January 5. Comcast will remain in the S&P 500 following completion of the spin-off.
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Analyst Views on CMCSA
Wall Street analysts forecast CMCSA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMCSA is 33.45 USD with a low forecast of 23.00 USD and a high forecast of 53.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
7 Buy
12 Hold
3 Sell
Hold
Current: 28.410
Low
23.00
Averages
33.45
High
53.00
Current: 28.410
Low
23.00
Averages
33.45
High
53.00
About CMCSA
Comcast Corporation is a global media and technology company. The Company delivers broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produces, distributes, and streams entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock, and Sky; and brings theme parks and attractions to life through Universal Destinations & Experiences. The Company operates through two primary businesses: Connectivity & Platforms and Content & Experiences. The Connectivity & Platforms business includes two segments: Residential Connectivity & Platforms, and Business Services. Its Connectivity and Content & Experiences business include three segments: Media, Studios and Theme Parks. Sky provides connectivity services to customers across Europe through Sky Broadband, Sky Mobile, and Sky Business. Sky Business extends broadband services and purpose-built products to businesses in Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Subscriber Losses: The company lost 181,000 broadband and 245,000 video subscribers, reflecting competitive pressure from telecom rivals, which negatively impacts its market share.
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- Capital Returns: Comcast generated $4.37 billion in free cash flow during the quarter and repurchased 53.6 million shares, resulting in a total capital return of $2.7 billion, demonstrating a balance between ongoing investments and shareholder returns.
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Netflix Considers All-Cash Bid for Warner Bros. Discovery
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