** Comcast CMCSA.O lost more broadband customers than expected in the fourth quarter, as rivals lured away consumers with aggressive offers, piling pressure on the company's mainstay business

TURBULENCE AHEAD

** J.P.Morgan ("neutral," PT: $33) says increased fiber overlap and more fixed wireless access (FWA) availability will pressure broadband market share long-term

** Scotiabank ("sector perform," PT: $35.25) expects near-term pressures amid strategic pivot to intensify before a potential turnaround occurs in H2 2026, driven by the monetization of the company's free wireless lines

** RBC Capital Markets ("sector perform," PT: $31) says while Comcast expects average revenue per user (ARPU) declines to abate by mid-2026, the brokerage expects lingering pressures beyond 2026 before an equilibrium with fiber cos is reached

** Morningstar (fair value: $41) says co's weak earnings underscore its challenges in broadband competition, but "shares still cheap"

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com))