Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
42.22
+0.29 (0.69%)
At close: Nov 20, 2024, 4:00 PM
42.17
-0.05 (-0.12%)
Pre-market: Nov 21, 2024, 5:10 AM EST
Verizon Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Verizon stock have an average target of 46, with a low estimate of 39 and a high estimate of 55. The average target predicts an increase of 8.95% from the current stock price of 42.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Verizon stock from 17 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 6 | 6 | 6 | 5 | 4 | 4 |
| Hold | 7 | 8 | 8 | 9 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 17 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 24, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $47 → $47 | Hold | Maintains | $47 → $47 | +11.32% | Oct 23, 2024 |
| UBS | UBS | Hold Maintains $43 → $44 | Hold | Maintains | $43 → $44 | +4.22% | Oct 23, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $47 → $47 | Hold | Maintains | $47 → $47 | +11.91% | Oct 18, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $52 → $55 | Strong Buy | Maintains | $52 → $55 | +30.27% | Oct 1, 2024 |
Financial Forecast
Revenue This Year
138.63B
from 133.97B
Increased by 3.47%
Revenue Next Year
141.43B
from 138.63B
Increased by 2.02%
EPS This Year
4.74
from 2.75
Increased by 72.39%
EPS Next Year
4.87
from 4.74
Increased by 2.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 142.4B | 148.2B | 150.6B | ||
| Avg | 138.6B | 141.4B | 143.6B | ||
| Low | 131.4B | 132.9B | 134.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3% | 6.9% | 6.5% | ||
| Avg | 3.5% | 2.0% | 1.6% | ||
| Low | -2.0% | -4.1% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.89 | 5.21 | 5.39 | ||
| Avg | 4.74 | 4.87 | 5.07 | ||
| Low | 4.47 | 4.38 | 4.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 77.9% | 10.0% | 10.5% | ||
| Avg | 72.4% | 2.8% | 3.9% | ||
| Low | 62.5% | -7.6% | -7.3% |
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.