- Verizon's financial strategies stay strong with optimistic projections for 2025.
- Scotiabank revises Verizon's price target upwards, reflecting expected improvements.
- Analysts remain bullish with a robust "Outperform" recommendation for Verizon shares.
Verizon Communications Inc. (VZ, Financial) remains determined to hit its financial targets for 2025, despite a rocky start in the first quarter, where the company faced an estimated loss of 280,000 consumer postpaid phone net accounts. Notably, Scotiabank has boosted its price target for Verizon to $48.50. This adjustment signals confidence in Verizon's potential recovery and performance enhancement in the latter half of the year.
Wall Street Analysts Forecast
Insights from 22 leading analysts offer an average price target of $47.40 for Verizon Communications Inc. (VZ, Financial) over the next year, with expectations peaking at $55.00 and dipping to a minimum of $40.00. This average projection suggests a potential upside of 7.62% from the current stock price of $44.04. For more detailed insights and data, visit the Verizon Communications Inc (VZ) Forecast page.
The consensus from 27 brokerage firms positions Verizon Communications Inc.'s (VZ, Financial) stock with an average recommendation of 2.5, classifying it as "Outperform." This rating is part of a scale where 1 indicates a Strong Buy, and 5 marks a Sell signal.
According to GuruFocus estimates, Verizon Communications Inc. (VZ, Financial) is expected to have a GF Value of $40.82 within the next year, indicating a potential downside of 7.31% relative to the current stock price of $44.04. The GF Value represents GuruFocus' estimation of the stock's fair trading value, derived from historical trading multiples, previous growth patterns, and projected future business performance. For further details, refer to the Verizon Communications Inc (VZ) Summary page.
