​
​

Verizon Communications (VZ) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

VZ Stock Forecast

Verizon Communications stock forecast is as follows: an average price target of $49.95 (represents a 18.31% upside from VZ’s last price of $42.22) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

VZ Price Target

The average price target for Verizon Communications (VZ) is $49.95 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $68.00 to $40.00. This represents a potential 18.31% upside from VZ's last price of $42.22.

VZ Analyst Ratings

Buy

According to 18 Wall Street analysts, Verizon Communications's rating consensus is 'Buy'. The analyst rating breakdown for VZ stock is 0 'Strong Buy' (0.00%), 9 'Buy' (50.00%), 8 'Hold' (44.44%), 1 'Sell' (5.56%), and 0 'Strong Sell' (0.00%).

Verizon Communications Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024John HodulikUBS$44.00$41.506.02%4.22%
Oct 23, 2024Gregory WilliamsWilliams Trading$51.00$41.8421.88%20.80%
Oct 23, 2024Maher YaghiScotiabank$47.00$41.5013.25%11.32%
Oct 22, 2024James SchneiderGoldman Sachs$52.00$41.5025.30%23.16%
Sep 24, 2024Frank LouthanRaymond James$48.00$44.268.45%13.69%
Sep 23, 2024Jonathan AtkinRBC Capital$46.00$44.333.77%8.95%
Sep 06, 2024Brandon NispelKeyBanc$44.00$41.316.51%4.22%
Jul 23, 2024Brandon NispelLoop Capital Markets$46.00$39.2017.33%8.95%
Jul 22, 2024Michael RollinsCitigroup$47.00$41.6212.93%11.32%
Jul 22, 2024Maher YaghiScotiabank$46.50$41.6211.73%10.14%
Row per page
Go to

The latest Verizon Communications stock forecast, released on Oct 23, 2024 by John Hodulik from UBS, set a price target of $44.00, which represents a 6.02% increase from the stock price at the time of the forecast ($41.50), and a 4.22% increase from VZ last price ($42.22).

Verizon Communications Price Target by Period

1M3M12M
# Anlaysts4719
Avg Price Target$48.50$47.43$45.87
Last Closing Price$42.22$42.22$42.22
Upside/Downside14.87%12.34%8.65%

In the current month, the average price target of Verizon Communications stock is $48.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 14.87% increase as opposed to Verizon Communications's last price of $42.22. This month's average price target is up 2.26% compared to last quarter, and up 5.73% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024KeyBancOverweightSector WeightDowngrade
Oct 23, 2024UBSSector PerformSector PerformHold
Oct 23, 2024Tigress FinancialUnderperformUnderperformHold
Oct 23, 2024UBSNeutralNeutralHold
Oct 23, 2024Cowen & Co.BuyBuyHold
Oct 22, 2024Goldman SachsBuyBuyHold
Oct 18, 2024ScotiabankUnderperformUnderperformHold
Oct 18, 2024Tigress FinancialSector PerformSector PerformHold
Oct 18, 2024ScotiabankSector PerformSector PerformHold
Oct 14, 2024CitigroupBuyUnderperformDowngrade
Row per page
Go to

Verizon Communications's last stock rating was published by KeyBanc on Oct 23, 2024. The company Downgrade its VZ rating from "Overweight" to "Sector Weight".

Verizon Communications Financial Forecast

Verizon Communications Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$35.13B-$32.60B$32.91B$35.25B$34.24B$33.79B$33.55B$34.07B$32.91B$33.76B$32.87B$34.69B$31.54B
Avg Forecast$36.99B$34.47B$33.64B$33.93B$36.25B$34.49B$33.99B$33.91B$35.97B$34.14B$33.67B$33.62B$35.48B$33.42B$33.05B$33.23B$34.60B$33.27B$33.30B$33.57B$35.09B$33.76B$33.74B$33.61B$34.06B$33.23B$32.77B$32.46B$34.45B$31.59B
High Forecast$37.79B$35.22B$34.37B$34.67B$37.04B$35.24B$34.73B$34.65B$36.76B$34.89B$34.41B$34.33B$36.30B$33.58B$33.05B$33.23B$35.77B$34.03B$34.02B$34.30B$35.85B$33.76B$33.74B$33.61B$34.06B$33.23B$32.77B$32.46B$34.45B$31.59B
Low Forecast$36.49B$34.01B$33.18B$33.47B$35.76B$34.02B$33.54B$33.45B$35.49B$33.68B$33.22B$33.20B$34.95B$33.27B$33.05B$33.23B$34.14B$32.21B$32.85B$33.11B$34.62B$33.76B$33.74B$33.61B$34.06B$33.23B$32.77B$32.46B$34.45B$31.59B
# Analysts333333334446109347159913131313777798
Surprise %----------------1.02%-0.98%0.98%1.00%1.01%1.00%1.00%1.00%0.99%1.03%1.01%1.01%1.00%

Verizon Communications's average Quarter revenue forecast for Mar 24 based on 4 analysts is $33.23B, with a low forecast of $33.23B, and a high forecast of $33.23B. VZ's average Quarter revenue forecast represents a -5.40% decrease compared to the company's last Quarter revenue of $35.13B (Dec 23).

Verizon Communications EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334446109347159913131313777798
EBITDA----------------$10.96B-$11.76B$12.03B$14.13B$11.78B$11.96B$11.11B$10.81B$12.99B$12.54B$12.22B$11.40B$10.94B
Avg Forecast$13.24B$12.34B$12.04B$12.14B$12.97B$12.34B$12.17B$12.13B$12.87B$12.22B$12.05B$12.03B$12.70B$11.96B$11.83B$13.28B$12.38B$11.91B$11.92B$12.07B$11.61B$12.26B$12.25B$10.97B$12.37B$12.07B$11.90B$12.03B$12.51B$11.47B
High Forecast$13.53B$12.60B$12.30B$12.41B$13.26B$12.61B$12.43B$12.40B$13.16B$12.48B$12.31B$12.29B$12.99B$12.02B$11.83B$15.93B$12.80B$12.18B$12.18B$14.49B$13.93B$12.26B$12.25B$13.17B$12.37B$12.07B$11.90B$14.44B$12.51B$11.47B
Low Forecast$13.06B$12.17B$11.88B$11.98B$12.80B$12.18B$12.00B$11.97B$12.70B$12.05B$11.89B$11.88B$12.51B$11.91B$11.83B$10.62B$12.22B$11.53B$11.76B$9.66B$9.29B$12.26B$12.25B$8.78B$12.37B$12.07B$11.90B$9.62B$12.51B$11.47B
Surprise %----------------0.88%-0.99%1.00%1.22%0.96%0.98%1.01%0.87%1.08%1.05%1.02%0.91%0.95%

4 analysts predict VZ's average Quarter EBITDA for Mar 24 to be $13.28B, with a high of $15.93B and a low of $10.62B. This is 21.19% upper than Verizon Communications's previous annual EBITDA (Dec 23) of $10.96B.

Verizon Communications Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334446109347159913131313777798
Net Income----------------$-2.71B-$4.65B$4.91B$6.58B$4.90B$5.20B$4.58B$4.74B$6.41B$5.80B$5.25B$4.59B$4.36B
Avg Forecast----$5.03B$5.36B$5.28B$5.18B$4.86B$5.17B$5.09B$4.91B$4.67B$4.98B$4.85B$5.54B$4.57B$4.98B$4.93B$5.04B$4.96B$5.43B$5.57B$4.58B$5.42B$5.76B$5.50B$5.16B$4.93B$5.13B
High Forecast----$5.17B$5.51B$5.43B$5.32B$5.00B$5.32B$5.23B$5.12B$4.92B$4.98B$4.85B$6.65B$4.74B$5.39B$4.98B$6.05B$5.95B$5.46B$5.57B$5.50B$5.42B$6.01B$5.50B$6.20B$4.93B$5.13B
Low Forecast----$4.94B$5.26B$5.19B$5.08B$4.78B$5.08B$5.00B$4.74B$4.50B$4.98B$4.85B$4.43B$4.44B$4.85B$4.87B$4.03B$3.96B$5.40B$5.57B$3.66B$5.42B$5.51B$5.50B$4.13B$4.93B$5.13B
Surprise %-----------------0.59%-0.94%0.97%1.33%0.90%0.93%1.00%0.87%1.11%1.06%1.02%0.93%0.85%

Verizon Communications's average Quarter net income forecast for Sep 23 is $4.98B, with a range of $4.85B to $5.39B. VZ's average Quarter net income forecast represents a 7.25% increase compared to the company's last Quarter net income of $4.65B (Jun 23).

Verizon Communications SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334446109347159913131313777798
SG&A----------------$8.99B-$8.25B$7.51B$8.05B$7.42B$7.50B$7.17B$7.41B$6.52B$7.32B$7.40B$8.49B$7.34B
Avg Forecast$8.52B$7.94B$7.75B$7.82B$8.35B$7.95B$7.83B$7.81B$8.29B$7.87B$7.76B$7.74B$8.17B$7.70B$7.61B$8.68B$7.97B$7.66B$7.67B$7.89B$7.96B$7.78B$7.77B$7.17B$7.85B$7.66B$7.55B$7.29B$7.94B$7.28B
High Forecast$8.71B$8.11B$7.92B$7.99B$8.53B$8.12B$8.00B$7.98B$8.47B$8.04B$7.93B$7.91B$8.36B$7.74B$7.61B$10.41B$8.24B$7.84B$7.84B$9.47B$9.55B$7.78B$7.77B$8.61B$7.85B$7.66B$7.55B$8.74B$7.94B$7.28B
Low Forecast$8.41B$7.83B$7.64B$7.71B$8.24B$7.84B$7.73B$7.71B$8.18B$7.76B$7.65B$7.65B$8.05B$7.66B$7.61B$6.94B$7.87B$7.42B$7.57B$6.31B$6.37B$7.78B$7.77B$5.74B$7.85B$7.66B$7.55B$5.83B$7.94B$7.28B
Surprise %----------------1.13%-1.08%0.95%1.01%0.95%0.96%1.00%0.94%0.85%0.97%1.02%1.07%1.01%

Verizon Communications's average Quarter SG&A projection for Mar 24 is $8.68B, based on 4 Wall Street analysts, with a range of $6.94B to $10.41B. The forecast indicates a -3.48% fall compared to VZ last annual SG&A of $8.99B (Dec 23).

Verizon Communications EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334446109347159913131313777798
EPS----------------$-0.64-$1.10$1.17$1.56$1.17$1.24$1.09$1.14$1.55$1.40$1.27$1.11$1.05
Avg Forecast----$1.19$1.27$1.25$1.22$1.15$1.22$1.20$1.16$1.11$1.18$1.15$1.12$1.08$1.18$1.17$1.19$1.19$1.29$1.32$1.34$1.28$1.37$1.30$1.29$1.17$1.22
High Forecast----$1.22$1.30$1.29$1.26$1.18$1.26$1.24$1.21$1.17$1.18$1.15$1.12$1.12$1.28$1.18$1.23$1.22$1.29$1.32$1.39$1.28$1.42$1.30$1.29$1.17$1.22
Low Forecast----$1.17$1.25$1.23$1.20$1.13$1.20$1.18$1.12$1.07$1.18$1.15$1.12$1.05$1.15$1.15$1.17$1.17$1.28$1.32$1.30$1.28$1.31$1.30$1.29$1.17$1.22
Surprise %-----------------0.59%-0.94%0.98%1.31%0.91%0.94%0.81%0.89%1.14%1.08%0.98%0.95%0.86%

According to 15 Wall Street analysts, Verizon Communications's projected average Quarter EPS for Sep 23 is $1.18, with a low estimate of $1.15 and a high estimate of $1.28. This represents a 7.26% increase compared to VZ previous annual EPS of $1.10 (Jun 23).

Verizon Communications Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CHTRCharter Communications$389.12$520.0833.66%Buy
CMCSAComcast$42.99$53.1423.61%Buy
VZVerizon Communications$42.22$49.9518.31%Buy
TAT&T$22.83$26.0514.10%Buy
VODVodafone Group Public Limited Company$8.94$9.506.26%Buy
TMUST-Mobile US$235.47$200.00-15.06%Buy
LUMNLumen$7.55$5.63-25.43%Hold

VZ Forecast FAQ

Is Verizon Communications a good buy?

Yes, according to 18 Wall Street analysts, Verizon Communications (VZ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 50.00% of VZ's total ratings.

What is VZ's price target?

Verizon Communications (VZ) average price target is $49.95 with a range of $40 to $68, implying a 18.31% from its last price of $42.22. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Verizon Communications stock go up soon?

According to Wall Street analysts' prediction for VZ stock, the company can go up by 18.31% (from the last price of $42.22 to the average price target of $49.95), up by 61.06% based on the highest stock price target, and down by -5.26% based on the lowest stock price target.

Can Verizon Communications stock reach $60?

VZ's highest twelve months analyst stock price target of $68 supports the claim that Verizon Communications can reach $60 in the near future.

What is Verizon Communications's current price target trend?

4 Wall Street analysts forecast a $48.5 price target for Verizon Communications (VZ) this month, up 14.87% from its last price of $42.22. Compared to the last 3 and 12 months, the average price target increased by 12.34% and increased by 8.65%, respectively.

What are Verizon Communications's analysts' financial forecasts?

Verizon Communications's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $138.64B (high $141.66B, low $136.77B), average EBITDA is $49.62B (high $50.7B, low $48.95B), average net income is $20.84B (high $21.43B, low $20.48B), average SG&A $31.94B (high $32.64B, low $31.51B), and average EPS is $4.93 (high $5.07, low $4.85). VZ's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $139.02B (high $142.05B, low $137.15B), average EBITDA is $49.75B (high $50.84B, low $49.08B), average net income is $0 (high $0, low $0), average SG&A $32.03B (high $32.73B, low $31.6B), and average EPS is $0 (high $0, low $0).

Did the VZ's actual financial results beat the analysts' financial forecasts?

Based on Verizon Communications's last annual report (Dec 2023), the company's revenue was $133.97B, which missed the average analysts forecast of $134.73B by -0.56%. Apple's EBITDA was $46.34B, missing the average prediction of $48.28B by -4.01%. The company's net income was $11.61B, missing the average estimation of $19.52B by -40.49%. Apple's SG&A was $32.74B, beating the average forecast of $31.2B by 4.97%. Lastly, the company's EPS was $2.75, missing the average prediction of $4.62 by -40.48%. In terms of the last quarterly report (Dec 2023), Verizon Communications's revenue was $35.13B, beating the average analysts' forecast of $34.6B by 1.54%. The company's EBITDA was $10.96B, missing the average prediction of $12.38B by -11.51%. Verizon Communications's net income was $-2.705B, missing the average estimation of $4.57B by -159.23%. The company's SG&A was $8.99B, beating the average forecast of $7.97B by 12.80%. Lastly, the company's EPS was $-0.64, missing the average prediction of $1.08 by -159.21%