Verizon Communications Inc. (VZ)

Verizon Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Verizon stock have an average target of 46.04, with a low estimate of 39 and a high estimate of 55. The average target predicts an increase of 16.65% from the current stock price of 39.47.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$39	$46.04	$46	$55
Change	-1.19%	+16.65%	+16.54%	+39.35%

Analyst Ratings

The average analyst rating for Verizon stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	3	3	3	3	3	3
Buy	6	5	4	4	4	2
Hold	8	9	10	10	10	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	17	17	17	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Maher Yaghi Scotiabank	Scotiabank	Hold Maintains $47 → $48	Hold	Maintains	$47 → $48	+20.34%	Jan 27, 2025
John Hodulik UBS	UBS	Hold Maintains $44 → $45	Hold	Maintains	$44 → $45	+14.01%	Dec 20, 2024
Brandon Nispel Keybanc	Keybanc	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 24, 2024
Maher Yaghi Scotiabank	Scotiabank	Hold Maintains $47 → $47	Hold	Maintains	$47 → $47	+19.08%	Oct 23, 2024
John Hodulik UBS	UBS	Hold Maintains $43 → $44	Hold	Maintains	$43 → $44	+11.48%	Oct 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

140.98B

Increased by 4.60%

from 134.79B

Revenue Next Year

143.42B

Increased by 1.72%

from 140.98B

EPS This Year

4.87

Increased by 17.75%

from 4.14

EPS Next Year

5.05

Increased by 3.66%

from 4.87

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	128.29B	133.61B	136.84B	133.97B	134.79B	140.98B	143.42B	146.82B
Revenue Growth	-2.71%	4.15%	2.41%	-2.09%	0.61%	4.60%	1.72%	2.38%
EPS	4.30	5.32	5.06	2.75	4.14	4.87	5.05	5.31
EPS Growth	-7.53%	23.71%	-4.90%	-45.64%	50.55%	17.75%	3.66%	5.18%
Forward PE	-	-	-	-	-	8.10	7.81	7.43
No. Analysts	-	-	-	-	-	28	23	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	146.7B	150.6B	152.5B
Avg	141.0B	143.4B	146.8B
Low	131.3B	133.6B	137.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	8.8%	6.8%	6.4%
Avg	4.6%	1.7%	2.4%
Low	-2.6%	-5.2%	-3.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	5.21	5.39	5.61
Avg	4.87	5.05	5.31
Low	4.38	4.52	4.74

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	25.9%	10.5%	11.0%
Avg	17.8%	3.7%	5.2%
Low	5.8%	-7.3%	-6.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.