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Verizon Communications

VZNYSE
$39.20
0.110.28%
Pre-Market: 8:10 AM EDT
15 minutes delayed
Q2 2024 Earnings were released on Mon Jul 22nd, before the market open
The most recent conference call was at 8:30 AM, 1 day ago Click to view past webcast
Consensus Rating1
Outperform
Highest Price Target1
$57.00
Lowest Price Target1
$36.00
Consensus Price Target1
$45.29

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

Verizon Communications Inc has a consensus price target of $45.29 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 RBC Capital, Scotiabank, and Tigress Financial on July 23, 2024, July 10, 2024, and May 17, 2024, respectively. With an average price target of $46.83 between RBC Capital, Scotiabank, and Tigress Financial, there's an implied 19.47% upside for Verizon Communications Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Mar
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Apr
0
0
0
0
May
0
0
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Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Scotiabank
Tigress Financial
Wells Fargo
Oppenheimer

1calculated from analyst ratings

Analyst Ratings for Verizon Communications

Buy NowGet Alert
07/23/2024Buy Now7.14%RBC Capital
Jonathan Atkin
$42 → $42ReiteratesSector Perform → Sector PerformGet Alert
07/10/2024Buy Now18.62%Scotiabank
Maher Yaghi
$45.5 → $46.5MaintainsSector PerformGet Alert
05/17/2024Buy Now32.65%Tigress Financial
Ivan Feinseth
$50 → $52MaintainsBuyGet Alert
04/23/2024Buy Now2.04%Wells Fargo
Eric Luebchow
$44 → $40MaintainsEqual-WeightGet Alert
04/23/2024Buy Now22.45%Oppenheimer
Timothy Horan
$48 → $48MaintainsOutperformGet Alert
04/03/2024Buy Now22.45%Oppenheimer
Timothy Horan
→ $48MaintainsOutperformGet Alert
04/02/2024Buy Now2.04%RBC Capital
Jonathan Atkin
$36 → $40MaintainsSector PerformGet Alert
03/22/2024Buy Now-0.51%Redburn Atlantic
Steve Malcolm
→ $39UpgradeSell → NeutralGet Alert
02/20/2024Buy Now-8.16%RBC Capital
Jonathan Atkin
$35 → $36MaintainsSector PerformGet Alert
01/31/2024Buy Now12.24%Barclays
Kannan Venkateshwar
→ $44DowngradeOverweight → Equal-WeightGet Alert
01/30/2024Buy Now19.9%Citigroup
Michael Rollins
$45 → $47MaintainsBuyGet Alert
01/26/2024Buy Now12.24%Barclays
Kannan Venkateshwar
$42 → $44MaintainsOverweightGet Alert
01/25/2024Buy Now27.55%Tigress Financial
Ivan Feinseth
$45 → $50MaintainsBuyGet Alert
01/24/2024Buy Now9.69%UBS
John Hodulik
$37 → $43MaintainsNeutralGet Alert
01/24/2024Buy Now12.24%Wells Fargo
Eric Luebchow
$40 → $44MaintainsEqual-WeightGet Alert
01/24/2024Buy Now17.35%Raymond James
Frank Louthan
$42 → $46MaintainsOutperformGet Alert
01/24/2024Buy Now19.9%Daiwa Capital
Jonathan Kees
→ $47UpgradeNeutral → OutperformGet Alert
01/24/2024Buy Now17.35%Keybanc
Brandon Nispel
$45 → $46MaintainsOverweightGet Alert
01/04/2024Buy Now17.35%Wolfe Research
Peter Supino
→ $46UpgradePeer Perform → OutperformGet Alert
01/03/2024Buy Now14.8%Keybanc
Brandon Nispel
→ $45UpgradeSector Weight → OverweightGet Alert
12/19/2023Buy Now9.69%Oppenheimer
Timothy Horan
→ $43ReiteratesOutperform → OutperformGet Alert
12/14/2023Buy Now7.14%Citigroup
Michael Rollins
$40 → $42MaintainsBuyGet Alert
12/13/2023Buy Now2.04%Wells Fargo
Eric Luebchow
$35 → $40MaintainsEqual-WeightGet Alert
11/02/2023Buy Now14.8%Tigress Financial
Ivan Feinseth
$64 → $45MaintainsBuyGet Alert
10/25/2023Buy Now-3.06%Barclays
Kannan Venkateshwar
$37 → $38UpgradeEqual-Weight → OverweightGet Alert
08/29/2023Buy Now2.04%Citigroup
Michael Rollins
$39 → $40UpgradeNeutral → BuyGet Alert
08/22/2023Buy Now9.69%Oppenheimer
Timothy Horan
→ $43ReiteratesOutperform → OutperformGet Alert
08/03/2023Buy Now12.24%Morgan Stanley
Simon Flannery
$44 → $44ReiteratesOverweight → OverweightGet Alert
07/27/2023Buy Now-0.51%Citigroup
Michael Rollins
$42 → $39MaintainsNeutralGet Alert
07/26/2023Buy Now-8.16%Goldman Sachs
Brett Feldman
$41 → $36MaintainsNeutralGet Alert
07/26/2023Buy Now7.14%Raymond James
Frank Louthan
$51 → $42MaintainsOutperformGet Alert
07/20/2023Buy Now-8.16%Wells Fargo
Eric Luebchow
$40 → $36MaintainsEqual-WeightGet Alert
07/18/2023Buy Now12.24%Morgan Stanley
Simon Flannery
$44 → $44ReiteratesOverweight → OverweightGet Alert
06/05/2023Buy Now-0.51%HSBC
Adam Fox-Rumley
$42.5 → $39MaintainsHoldGet Alert
05/18/2023Buy Now63.27%Tigress Financial
Ivan Feinseth
→ $64ReiteratesBuy → BuyGet Alert
05/01/2023Buy Now2.04%RBC Capital
Jonathan Atkin
→ $40Reiterates → Sector PerformGet Alert
04/26/2023Buy Now14.8%TD Cowen
Dan Brennan
$49 → $45MaintainsOutperformGet Alert
04/26/2023Buy Now9.69%Oppenheimer
Timothy Horan
$46 → $43MaintainsOutperformGet Alert
04/06/2023Buy Now17.35%Oppenheimer
Timothy Horan
→ $46Reiterates → OutperformGet Alert
03/23/2023Buy Now4.59%B of A Securities
David Barden
$51 → $41MaintainsNeutralGet Alert
01/26/2023Buy Now7.14%Citigroup
Michael Rollins
$39 → $42MaintainsNeutralGet Alert
01/25/2023Buy Now2.04%RBC Capital
Kutgun Maral
$42 → $40MaintainsSector PerformGet Alert
01/25/2023Buy Now17.35%Oppenheimer
Timothy Horan
$50 → $46MaintainsOutperformGet Alert
01/25/2023Buy Now25%Cowen & Co.
Gregory Williams
$55 → $49MaintainsOutperformGet Alert
12/15/2022Buy Now12.24%Morgan Stanley
Simon Flannery
$41 → $44UpgradeEqual-Weight → OverweightGet Alert
10/26/2022Buy Now4.59%Morgan Stanley
Simon Flannery
$58 → $41MaintainsEqual-WeightGet Alert
10/25/2022Buy Now-0.51%Citigroup
Michael Rollins
$48 → $39MaintainsNeutralGet Alert
10/24/2022Buy Now-5.61%UBS
John Hodulik
$47 → $37MaintainsNeutralGet Alert
10/24/2022Buy Now40.31%Cowen & Co.
Gregory Williams
$64 → $55MaintainsOutperformGet Alert
10/24/2022Buy Now30.1%Raymond James
Frank Louthan
$54 → $51MaintainsOutperformGet Alert
10/24/2022Buy Now7.14%RBC Capital
Kutgun Maral
$50 → $42MaintainsSector PerformGet Alert
10/24/2022Buy Now-5.61%Barclays
Kannan Venkateshwar
$40 → $37MaintainsEqual-WeightGet Alert
10/07/2022Buy Now2.04%Wells Fargo
Eric Luebchow
$48 → $40MaintainsEqual-WeightGet Alert
10/06/2022Buy Now37.76%Raymond James
Frank Louthan
$55 → $54MaintainsOutperformGet Alert
10/06/2022Buy Now27.55%Oppenheimer
Timothy Horan
→ $50UpgradePerform → OutperformGet Alert
09/29/2022Buy Now2.04%Barclays
Kannan Venkateshwar
$48 → $40MaintainsEqual-WeightGet Alert
09/27/2022Buy Now19.9%Credit Suisse
Douglas Mitchelson
$50 → $47MaintainsNeutralGet Alert
08/18/2022Buy Now4.59%MoffettNathanson
Craig Moffett
→ $41DowngradeMarket Perform → UnderperformGet Alert
07/28/2022Buy Now30.1%B of A Securities
David Barden
→ $51DowngradeBuy → NeutralGet Alert
07/25/2022Buy Now17.35%Goldman Sachs
Brett Feldman
$52 → $46MaintainsNeutralGet Alert
07/25/2022Buy Now27.55%RBC Capital
Kutgun Maral
$54 → $50MaintainsSector PerformGet Alert
07/25/2022Buy NowScotiabank
Maher Yaghi
DowngradeSector Outperform → Sector PerformGet Alert
07/25/2022Buy Now63.27%Cowen & Co.
Gregory Williams
$71 → $64MaintainsOutperformGet Alert
07/25/2022Buy Now47.96%Morgan Stanley
Simon Flannery
$60 → $58MaintainsEqual-WeightGet Alert
07/25/2022Buy Now32.65%Deutsche Bank
Bryan Kraft
$58 → $52MaintainsHoldGet Alert
07/25/2022Buy Now19.9%UBS
John Hodulik
$57 → $47MaintainsNeutralGet Alert
07/25/2022Buy Now40.31%Raymond James
Frank Louthan
$64 → $55MaintainsOutperformGet Alert
07/19/2022Buy Now47.96%Deutsche Bank
Bryan Kraft
$59 → $58MaintainsHoldGet Alert
07/08/2022Buy Now32.65%Wells Fargo
Eric Luebchow
$58 → $52MaintainsEqual-WeightGet Alert
07/07/2022Buy Now63.27%Raymond James
Frank Louthan
→ $64MaintainsOutperformGet Alert
06/22/2022Buy Now37.76%RBC Capital
Kutgun Maral
$57 → $54MaintainsSector PerformGet Alert
06/21/2022Buy Now37.76%Credit Suisse
Douglas Mitchelson
$58 → $54MaintainsNeutralGet Alert
06/02/2022Buy Now30.1%Wolfe Research
Peter Supino
$60 → $51MaintainsPeer PerformGet Alert
05/31/2022Buy NowLightShed Partners
Walter Piecyk
Initiates → NeutralGet Alert
04/29/2022Buy Now12.24%DZ Bank
Matthias Volkert
→ $44DowngradeHold → SellGet Alert
04/25/2022Buy NowGoldman Sachs
Brett Feldman
DowngradeBuy → NeutralGet Alert
03/04/2022Buy Now55.61%Goldman Sachs
Brett Feldman
$61 → $61MaintainsBuyGet Alert
01/26/2022Buy Now55.61%Goldman Sachs
Brett Feldman
$63 → $61MaintainsBuyGet Alert
01/26/2022Buy Now42.86%JP Morgan
Philip Cusick
$62 → $56DowngradeOverweight → NeutralGet Alert
01/21/2022Buy Now73.47%Tigress Financial
Ivan Feinseth
$67 → $68MaintainsBuyGet Alert
12/23/2021Buy Now45.41%Daiwa Capital
Jonathan Kees
→ $57Initiates → NeutralGet Alert
10/21/2021Buy Now42.86%Wells Fargo
Eric Luebchow
MaintainsEqual-WeightGet Alert
10/11/2021Buy Now40.31%Barclays
Kannan Venkateshwar
MaintainsEqual-WeightGet Alert
09/21/2021Buy Now45.41%Loop Capital
Stephan Bisson
Initiates → HoldGet Alert

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 RBC Capital on July 23, 2024. The analyst firm set a price target for $42.00 expecting VZ to rise to within 12 months (a possible 7.14% upside). 31 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 RBC Capital, and Verizon Communications reiterated their sector perform 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 July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 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 reiterated with a price target of $42.00 to $42.00. The current price Verizon Communications (VZ) is trading at is $39.20, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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