China’s Xi speaks with Trump by phone, discusses Taiwan and bilateral ties
INDIANAPOLIS - Comcast opened a new Xfinity retail location in Noblesville, Indiana, marking its first store in the community, according to a company press release issued Thursday. The $102.5 billion media giant continues to expand its physical retail footprint despite challenging market conditions that have seen its stock decline 22.88% year-to-date.
The 1,400-square-foot store, located at 12919 Campus Parkway, offers local residents and small business owners access to Xfinity products and services, including internet, mobile, television, voice, and home security offerings.
The location features interactive displays and service counters staffed by sales consultants. Customers can pay bills, manage accounts, exchange equipment, and receive technical support at the new facility.
"We're excited to join the Noblesville community with the opening of our newest Xfinity Store," said Sonya Callahan, regional vice president of residential sales and marketing at Comcast Heartland.
The store also carries mobile devices from manufacturers including Apple, Samsung, Google, LG, and Motorola, along with wireless accessories. Demonstrations of Xfinity Pro, the company's home WiFi management platform, are available on site.
Operating hours are Monday through Saturday from 10 a.m. to 8 p.m. and Sunday from 10 a.m. to 6 p.m.
Comcast Corporation (NASDAQ:CMCSA) describes the new location as part of its strategy to enhance customer service and expand its retail presence in Indiana. The company, which has maintained dividend payments for 18 consecutive years and currently offers a 4.73% yield, generated $123.31 billion in revenue over the last twelve months. According to InvestingPro analysis, Comcast appears undervalued compared to its Fair Value, with additional ProTips and comprehensive research available in the Pro Research Report covering what really matters for investors.
In other recent news, Comcast Corporation has faced several analyst downgrades and price target adjustments. Oppenheimer downgraded Comcast's stock rating from Outperform to Perform, citing anticipated challenges over the next five years. Similarly, Seaport Global Securities moved Comcast's rating from Buy to Neutral, expressing concerns about the broadband business. Goldman Sachs also downgraded Comcast from Buy to Neutral, lowering its price target to $30.00, highlighting issues related to broadband pricing and operational expenses. Benchmark adjusted its price target for Comcast to $46.00 while maintaining a Buy rating, projecting a decline in broadband pricing. Meanwhile, NBCUniversal, a subsidiary of Comcast, announced the launch of a new sports channel, NBCSN, which will feature NBA games, Big Ten college football, and other sports content. These developments reflect the current landscape for Comcast as it navigates challenges and expands its media offerings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.