Verizon Communications Inc. (VZ)
NYSE: VZ · IEX Real-Time Price · USD
41.10
-0.64 (-1.53%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Verizon Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Verizon stock have an average target of 44.14, with a low estimate of 36 and a high estimate of 52. The average target predicts an increase of 7.40% from the current stock price of 41.10.
Analyst Consensus: Buy
* Price targets were last updated on May 17, 2024.
Analyst Ratings
The average analyst rating for Verizon stock from 14 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 7 | 7 | 7 | 7 | 6 | 6 |
Hold | 7 | 7 | 8 | 7 | 7 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 16 | 16 | 17 | 16 | 15 | 14 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Tigress Financial | Tigress Financial | Strong Buy Maintains $50 → $52 | Strong Buy | Maintains | $50 → $52 | +26.52% | May 17, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $44 → $40 | Hold | Maintains | $44 → $40 | -2.68% | Apr 23, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $48 | Buy | Maintains | $48 | +16.79% | Apr 23, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $48 | Buy | Maintains | $48 | +16.79% | Apr 3, 2024 |
RBC Capital | RBC Capital | Hold Maintains $36 → $40 | Hold | Maintains | $36 → $40 | -2.68% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
138.41B
from 133.97B
Increased by 3.31%
Revenue Next Year
141.15B
from 138.41B
Increased by 1.98%
EPS This Year
4.73
from 2.75
Increased by 71.95%
EPS Next Year
4.86
from 4.73
Increased by 2.70%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 143.0B | 147.9B | 150.3B | 152.2B | 155.8B |
Avg | 138.4B | 141.1B | 141.8B | 146.2B | 148.6B |
Low | 120.4B | 131.0B | 122.8B | 136.3B | 137.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.7% | 6.9% | 6.5% | 7.3% | 6.5% |
Avg | 3.3% | 2.0% | 0.5% | 3.1% | 1.6% |
Low | -10.2% | -5.4% | -13.0% | -3.9% | -6.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.90 | 5.09 | 5.34 | 5.63 | 5.23 |
Avg | 4.73 | 4.86 | 5.03 | 5.21 | 5.10 |
Low | 4.31 | 4.41 | 4.42 | 4.73 | 4.83 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 78.3% | 7.7% | 10.1% | 12.0% | 0.3% |
Avg | 71.9% | 2.7% | 3.5% | 3.7% | -2.1% |
Low | 56.8% | -6.7% | -9.0% | -5.8% | -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.