Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
The 15 analysts with 12-month price forecasts for Verizon stock have an average target of 45.5, with a low estimate of 39 and a high estimate of 52. The average target predicts an increase of 12.29% from the current stock price of 40.52.
The 15 analysts with 12-month price forecasts for Verizon stock have an average target of 45.5, with a low estimate of 39 and a high estimate of 52. The average target predicts an increase of 12.29% from the current stock price of 40.52.
The average price target represents 11.99% Increase from the current price of $40.79. What do analysts say about Verizon? Verizon's analyst rating consensus is a Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.
As of 2024-08-08, the Fair Value of Verizon Communications Inc (VZ) is 13.37 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 40.28 USD, the upside of Verizon Communications Inc is -66.8%.
Verizon long term debt for the quarter ending March 31, 2024 was $136.104B, a 3.32% decline year-over-year. Verizon long term debt for 2023 was $137.701B, a 2.11% decline from 2022. Verizon long term debt for 2022 was $140.676B, a 1.92% decline from 2021.
may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of VZ, demonstrate its potential to outperform the market. It currently has a Growth Score of D.
According to the latest long-term forecast, Verizon price will hit $50 by the end of 2026 and then $55 by the middle of 2027. Verizon will rise to $60 within the year of 2028, $65 in 2029, $75 in 2030, $80 in 2031, $85 in 2032, $90 in 2034, $95 in 2035 and $100 in 2036.
According to our Verizon Communications stock prediction for 2025, VZ stock will be priced at $ 39.86 in 2025. This forecast is based on the stock's average growth over the past 10 years.
Verizon Communications currently has an average brokerage recommendation (ABR) of 2.24 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
What's the price increase for my plan? We're committed to bringing you the nation's most reliable network. To continue improving our industry-leading mobile network and services, each 5G Get More phone line on your account will be charged an added $4/month, no sooner than 3/1/24.
As of today (2024-08-04), Verizon Communications's Intrinsic Value: Projected FCF is $37.92. The stock price of Verizon Communications is $40.97. Therefore, Verizon Communications's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.
Verizon Communications's book value per share for the quarter that ended in Jun.2024 was $22.85. During the past 12 months, Verizon Communications's average Book Value Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.30% per year.
On average, Wall Street analysts predict that Verizon's share price could reach $46.36 by Jul 23, 2025. The average Verizon stock price prediction forecasts a potential upside of 15.14% from the current VZ share price of $40.26.
Following last week's earnings report, Verizon Communications' 21 analysts are forecasting 2024 revenues to be US$135.0b, approximately in line with the last 12 months. Per-share earnings are expected to soar 68% to US$4.51.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Charles Schwab Investment Management Inc, Geode Capital Management, Llc, Morgan Stanley, SCHD - Schwab U.S. Dividend Equity ...
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