Verizon Communications (VZ) Stock Forecast & Price Target

$40.06
-0.19 (-0.47%)
(As of 05/17/2024 08:54 PM ET)

Verizon Communications Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 14 Analyst Ratings

Analysts' Consensus Price Target

$44.36
10.73% Upside
High Forecast$52.00
Average Forecast$44.36
Low Forecast$39.00
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
11 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$44.36$44.50$44.00$46.82
Predicted Upside10.73% Upside8.84% Upside9.61% Upside17.95% Upside
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VZ Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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VZ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Verizon Communications Stock vs. The Competition

TypeVerizon CommunicationsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.57
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside10.73% Upside183.22% Upside7.85% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/17/2024Tigress Financial
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 Boost TargetBuy ➝ Buy$50.00 ➝ $52.00+29.32%
4/23/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$44.00 ➝ $40.00+0.48%
4/23/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$48.00 ➝ $48.00+24.29%
4/2/2024Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$36.00 ➝ $40.00-6.08%
3/22/2024Redburn Atlantic
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 UpgradeSell ➝ Neutral$33.00 ➝ $39.00-3.75%
1/30/2024Citigroup
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 Boost TargetBuy ➝ Buy$45.00 ➝ $47.00+11.16%
1/26/2024Barclays
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 Boost TargetOverweight ➝ Equal Weight$42.00 ➝ $44.00+3.95%
1/24/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$37.00 ➝ $43.00+2.82%
1/24/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$45.00 ➝ $46.00+8.90%
1/24/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$42.00 ➝ $46.00+8.90%
1/24/2024Daiwa Capital Markets
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 UpgradeNeutral ➝ Outperform$36.00 ➝ $47.00+11.27%
1/4/2024Wolfe Research
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 UpgradePeer Perform ➝ Outperform$46.00+17.51%
8/3/2023Morgan Stanley
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 Reiterated RatingOverweight ➝ Overweight$44.00+33.58%
7/17/2023Edward Jones
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 DowngradeBuy ➝ Hold
6/5/2023HSBC
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 Lower Target$42.50 ➝ $39.00+12.78%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:06 AM ET.

VZ Price Target - Frequently Asked Questions

What is Verizon Communications's consensus rating and price target?

According to the issued ratings of 14 analysts in the last year, the consensus rating for Verizon Communications stock is Moderate Buy based on the current 6 hold ratings and 8 buy ratings for VZ. The average twelve-month price prediction for Verizon Communications is $44.36 with a high price target of $52.00 and a low price target of $39.00. Learn more on VZ's analyst rating history.

Do Wall Street analysts like Verizon Communications more than its competitors?

Analysts like Verizon Communications less than other Computer and Technology companies. The consensus rating score for Verizon Communications is 2.57 while the average consensus rating score for computer and technology companies is 2.59. Learn more on how VZ compares to other companies.

Is Verizon Communications being upgraded by Wall Street analysts?

Over the previous 90 days, Verizon Communications's stock had 1 upgrade by analysts.

Does Verizon Communications's stock price have much upside?

According to analysts, Verizon Communications's stock has a predicted upside of 10.02% based on their 12-month stock forecasts.

What analysts cover Verizon Communications?

Verizon Communications has been rated by Oppenheimer, Redburn Atlantic, Royal Bank of Canada, Tigress Financial, and Wells Fargo & Company in the past 90 days.


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This page (NYSE:VZ) was last updated on 5/20/2024 by MarketBeat.com Staff

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