Published: November 7, 2025
Key takeaways
- CMCSA trades around $27 this afternoon after a choppy session, as investors weigh fresh deal headlines. As of 19:33 UTC (2:33 p.m. ET), shares changed hands at $27.28, within a $27.02–$27.77 intraday range on ~20.9M shares.
- Sky, owned by Comcast, entered preliminary talks to buy ITV’s U.K. TV unit (including the ITVX streamer) in a deal valued at about £1.6B (~$2.1B)—a move that could boost Comcast’s U.K. footprint but likely faces regulator scrutiny. 1
- Reuters reports Comcast has hired bankers and gained data-room access to explore a bid for Warner Bros. Discovery’s studio and streaming assets, keeping consolidation chatter front and center. 2
- Recent context: CMCSA closed $27.31 yesterday (Nov. 6) and has lagged peers this year; Barron’s notes shares are down roughly 27% YTD as cord-cutting pressures persist. 3
Comcast stock price snapshot (Nov. 7, 2025)
Comcast Corporation (NASDAQ: CMCSA) traded modestly lower today, holding near the $27 handle. As of 19:33 UTC (2:33 p.m. ET), the stock printed $27.28 after opening at $27.56, with volume around 20.9 million shares. Intraday, CMCSA ranged $27.02–$27.77, reflecting an active tape as investors reacted to fresh M&A headlines.
For reference, CMCSA finished Thursday at $27.31, setting the baseline for today’s moves. 3
What’s moving CMCSA today: two deal headlines
1) Sky–ITV talks in the U.K.
ITV confirmed it is in preliminary discussions to sell its free‑to‑air TV business and ITVX streaming platform to Sky, Comcast’s U.K. pay‑TV arm, for about £1.6 billion (~$2.15 billion). Analysts immediately flagged potential competition and media ownership questions, given the combined weight in U.K. TV advertising and Sky’s existing footprint. Any agreement would exclude ITV Studios, which has been the subject of separate industry interest. The news sent ITV shares sharply higher this morning and put a fresh spotlight on Comcast’s international strategy post‑Sky. 1
2) Comcast weighs a Warner Bros. Discovery bid
Separately, Reuters reports that Comcast has retained Goldman Sachs and Morgan Stanley and obtained data‑room access to evaluate a possible bid for Warner Bros. Discovery’s studio and streaming businesses—a sign of serious diligence even though no offer is guaranteed. The report also notes other potential suitors circling portions of WBD, underscoring an escalating M&A cycle across media. 2
Why this matters for the stock
The U.K. deal could deepen Comcast’s linear + streaming reach in Europe through Sky while accelerating ITV’s pivot toward content production. But it also poses regulatory risk and integration questions that investors will price in. Meanwhile, a WBD move would be transformational—and complex—given U.S. antitrust dynamics and the strategic overlap with NBCUniversal/Peacock. Both headlines keep optionalities open but also add execution risk, helping explain CMCSA’s subdued intraday reaction despite elevated news flow. 1
The broader setup investors are watching
- Year-to-date performance: CMCSA has underperformed in 2025, with Barron’s citing roughly –27% YTD amid broadband pressure and a tougher linear TV backdrop. Today’s tape reflects that cautious posture even as deal speculation swirls. 4
- M&A lens: MarketWatch framed Comcast’s stance as more aggressive in the current wave of media consolidation (ITV talks + WBD exploration), positioning the company to reshape its portfolio as consumer viewing and advertising continue shifting to digital. 5
Near‑term catalysts
- Versant spin‑off investor day (Dec. 4, 2025): Comcast’s planned spin‑off of most U.S. cable networks—Versant (planned ticker: VSNT)—will host its inaugural Investor Day on Dec. 4 in New York, outlining strategy and financial priorities. Comcast and Versant expect the spin to complete in early 2026, subject to customary conditions. For CMCSA holders, the event could clarify capital allocation and the post‑spin asset mix. 6
- Dividend track: Comcast most recently declared a $0.33 quarterly dividend (Oct. 30) with the next payment slated for Feb. 4, 2026 to holders of record Jan. 14, 2026—useful context for income‑oriented investors eyeing total return while the stock consolidates. 7
Other headlines touching Comcast today (lower impact)
- Institutional flows: Achmea Investment Management boosted its CMCSA stake in Q2, according to a fresh 13F‑based summary—incremental, but supportive of steady institutional ownership. 8
- Local footprint: Comcast announced the opening of a new Xfinity store in San Bruno, CA—minor to the stock but part of ongoing retail/channel updates. 9
Bottom line
Today’s CMCSA trade is about optionality vs. execution. Sky’s talks for ITV’s TV unit and a reported look at WBD’s studio/streaming assets underline Comcast’s willingness to lean into scale where it sees strategic fit. Those moves could reshape the portfolio—but they also come with regulatory and integration hurdles. With shares hovering near $27, investors appear to be waiting for more concrete deal terms and clarity from the Versant Investor Day before re‑rating the stock. 1
Disclosure: This article is for informational purposes only and does not constitute investment advice. Always do your own research.
