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Verizon Communications

VZNYSE
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$41.15
-0.16-0.39%
At Close: -
$41.15
-0.0025-0.01%
After Hours: Sep 6, 7:58 PM EDT
15 minutes delayed
Frontier Communications (FYBR) announced it will be acquired by Verizon Communications (VZ) on Thursday, September 5, 2024 for $20.0B paid in cash
Consensus Rating1
Neutral
Highest Price Target1
$57.00
Lowest Price Target1
$36.00
Consensus Price Target1
$45.02

Verizon Communications (NYSE:VZ) Stock, Analyst Ratings, Price Targets, Forecasts

Verizon Communications Inc has a consensus price target of $45.02 based on the ratings of 27 analysts. The high is $57 issued by Loop Capital on September 21, 2021. The low is $36 issued by Goldman Sachs on July 26, 2023. The 3 most-recent analyst ratings were released by Keybanc, TD Cowen, and JP Morgan on September 6, 2024, July 23, 2024, and July 23, 2024, respectively. With an average price target of $46.67 between Keybanc, TD Cowen, and JP Morgan, there's an implied 13.41% upside for Verizon Communications Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
2
1
Apr
0
0
0
0
May
1
Jul
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keybanc
TD Cowen
JP Morgan
RBC Capital
Scotiabank

1calculated from analyst ratings

Analyst Ratings for Verizon Communications

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Verizon Communications (VZ) stock?

A

The latest price target for Verizon Communications (NYSE:VZ) was reported by Keybanc on September 6, 2024. The analyst firm set a price target for $44.00 expecting VZ to rise to within 12 months (a possible 6.93% upside). 28 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Verizon Communications (VZ)?

A

The latest analyst rating for Verizon Communications (NYSE:VZ) was provided by Keybanc, and Verizon Communications maintained their overweight rating.

Q

When was the last upgrade for Verizon Communications (VZ)?

A

The last upgrade for Verizon Communications Inc happened on March 22, 2024 when Redburn Atlantic raised their price target to $39. Redburn Atlantic previously had a sell for Verizon Communications Inc.

Q

When was the last downgrade for Verizon Communications (VZ)?

A

The last downgrade for Verizon Communications Inc happened on January 31, 2024 when Barclays changed their price target from N/A to $44 for Verizon Communications Inc.

Q

When is the next analyst rating going to be posted or updated for Verizon Communications (VZ)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Verizon Communications, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Verizon Communications was filed on September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.

Q

Is the Analyst Rating Verizon Communications (VZ) correct?

A

While ratings are subjective and will change, the latest Verizon Communications (VZ) rating was a maintained with a price target of $46.00 to $44.00. The current price Verizon Communications (VZ) is trading at is $41.15, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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