Verizon Communications Inc has a consensus price target of $42.04, established from looking at the 84 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Oppenheimer, and Oppenheimer on April 23, 2024, April 23, 2024, and April 3, 2024. With an average price target of $45.33 between Wells Fargo, Oppenheimer, and Oppenheimer, there's an implied 15.76% upside for Verizon Communications Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/23/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 2.15% | Wells Fargo | Eric Luebchow | $44 → $40 | Maintains | Equal-Weight | Get Alert |
04/23/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 22.57% | Oppenheimer | Timothy Horan | $48 → $48 | Maintains | Outperform | Get Alert |
04/03/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 22.57% | Oppenheimer | Timothy Horan | → $48 | Maintains | Outperform | Get Alert |
04/02/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 2.15% | RBC Capital | Jonathan Atkin | $36 → $40 | Maintains | Sector Perform | Get Alert |
03/22/2024 | VZ | Buy Now | Verizon Communications | $39.16 | -0.41% | Redburn Atlantic | Steve Malcolm | → $39 | Upgrade | Sell → Neutral | Get Alert |
02/20/2024 | VZ | Buy Now | Verizon Communications | $39.16 | -8.07% | RBC Capital | Jonathan Atkin | $35 → $36 | Maintains | Sector Perform | Get Alert |
01/31/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 12.36% | Barclays | Kannan Venkateshwar | → $44 | Downgrade | Overweight → Equal-Weight | Get Alert |
01/30/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 20.02% | Citigroup | Michael Rollins | $45 → $47 | Maintains | Buy | Get Alert |
01/26/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 12.36% | Barclays | Kannan Venkateshwar | $42 → $44 | Maintains | Overweight | Get Alert |
01/25/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 27.68% | Tigress Financial | Ivan Feinseth | $45 → $50 | Maintains | Buy | Get Alert |
01/24/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 9.81% | UBS | John Hodulik | $37 → $43 | Maintains | Neutral | Get Alert |
01/24/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 12.36% | Wells Fargo | Eric Luebchow | $40 → $44 | Maintains | Equal-Weight | Get Alert |
01/24/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 17.47% | Raymond James | Frank Louthan | $42 → $46 | Maintains | Outperform | Get Alert |
01/24/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 20.02% | Daiwa Capital | Jonathan Kees | → $47 | Upgrade | Neutral → Outperform | Get Alert |
01/24/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 17.47% | Keybanc | Brandon Nispel | $45 → $46 | Maintains | Overweight | Get Alert |
01/04/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 17.47% | Wolfe Research | Peter Supino | → $46 | Upgrade | Peer Perform → Outperform | Get Alert |
01/03/2024 | VZ | Buy Now | Verizon Communications | $39.16 | 14.91% | Keybanc | Brandon Nispel | → $45 | Upgrade | Sector Weight → Overweight | Get Alert |
12/19/2023 | VZ | Buy Now | Verizon Communications | $39.16 | 9.81% | Oppenheimer | Timothy Horan | → $43 | Reiterates | Outperform → Outperform | Get Alert |
12/14/2023 | VZ | Buy Now | Verizon Communications | $39.16 | 7.25% | Citigroup | Michael Rollins | $40 → $42 | Maintains | Buy | Get Alert |
The latest price target for Verizon Communications (NYSE: VZ) was reported by Wells Fargo on April 23, 2024. The analyst firm set a price target for $40.00 expecting VZ to rise to within 12 months (a possible 2.15% upside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for Verizon Communications (NYSE: VZ) was provided by Wells Fargo, and Verizon Communications maintained their equal-weight rating.
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.
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.
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 April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
While ratings are subjective and will change, the latest Verizon Communications (VZ) rating was a maintained with a price target of $44.00 to $40.00. The current price Verizon Communications (VZ) is trading at is $39.16, which is out of the analyst’s predicted range.
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