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NYSE: VZ
Verizon Communications Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for VZ

Based on 5 analysts offering 12 month price targets for Verizon Communications Inc.
Min Forecast
$55.00+3.91%
Avg Forecast
$58.60+10.71%
Max Forecast
$65.00+22.8%

Should I buy or sell VZ stock?

Based on 8 analysts offering ratings for Verizon Communications Inc.
Hold
Strong Buy
1 analysts 12.5%
Buy
1 analysts 12.5%
Hold
6 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

VZ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Wells Fargo
Bottom 6%
6
HoldMaintains$56.00+5.80%2021-10-21
Barclays
Top 47%
54
HoldMaintains$55.00+3.91%2021-10-11
Loop Capital
Bottom 28%
28
HoldInitiates Coverage On$57.00+7.69%2021-09-21
Credit Suisse
Top 10%
91
HoldMaintains$60.00+13.36%2021-07-22
Anonymous
Redburn Partners
Strong SellInitiates Coverage On$50.00-5.54%2021-06-25
Moffett Nathanson
Bottom 36%
36
HoldDowngradesN/AN/A2021-04-27
Tigress Financial
Top 18%
83
BuyUpgradesN/AN/A2021-03-24
Oppenheimer
Top 9%
92
HoldDowngradesN/AN/A2021-02-25
JP Morgan
Bottom 6%
6
Strong BuyUpgrades$65.00+22.80%2020-11-05

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Forecast return on equity

Is VZ forecast to generate an efficient return?
Company
31.46%
Industry
21.37%
Market
17.3%
VZ's Return on Equity is forecast to be high in 3 years (31.46%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is VZ forecast to generate an efficient return on assets?
Company
6.64%
Industry
7.35%
VZ is forecast to generate lower Return on Assets (6.64%) than the US Telecom Services industry average (7.35%)
Forecast

VZ earnings per share forecast

What is VZ's earnings per share in the next 3 years based on estimates from 16 analysts?
Avg 1 year Forecast
$5.31+9.94%
Avg 2 year Forecast
$5.38+11.39%
Avg 3 year Forecast
$5.49+13.66%
VZ's earnings are forecast to grow at a rate of 4.3% per year, which is not exceptional
Forecast

VZ revenue forecast

What is VZ's revenue in the next 3 years based on estimates from 16 analysts?
Avg 1 year Forecast
$133.5B+0.46%
Avg 2 year Forecast
$131.3B-1.21%
Avg 3 year Forecast
$133.3B+0.33%
VZ's revenue is forecast to grow at a rate of -0.13% per year, which is not exceptional
Forecast

VZ earnings growth forecast

How is VZ forecast to perform vs Telecom Services companies and vs the US market?
Company
4.3%
Industry
17.35%
Market
18.31%
VZ's earnings are forecast to grow slower (4.3% per year) than the US Telecom Services industry average (17.35%)
Forecast
VZ's earnings are forecast to grow slower (4.3% per year) than the US market average (18.31%)
Forecast
VZ's earnings are forecast to grow faster (4.3% per year) than the risk-free savings rate (1.7%)
Forecast

VZ revenue growth forecast

How is VZ forecast to perform vs Telecom Services companies and vs the US market?
Company
-0.13%
Industry
1.56%
Market
11.79%
VZ's revenues are forecast to grow slower (-0.13% per year) than the US Telecom Services industry average (1.56%)
Forecast
VZ's revenues are forecast to grow slower (-0.13% per year) than the US market average (11.79%)
Forecast

Verizon Communications Stock Forecast FAQ

Is Verizon Communications Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: VZ) stock is to Hold VZ stock.

Out of 8 analysts, 1 (12.5%) are recommending VZ as a Strong Buy, 1 (12.5%) are recommending VZ as a Buy, 6 (75%) are recommending VZ as a Hold, 0 (0%) are recommending VZ as a Sell, and 0 (0%) are recommending VZ as a Strong Sell.

What is VZ's earnings growth forecast for 2021-2023?

(NYSE: VZ) Verizon Communications's forecast annual earnings growth rate of 4.3% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 17.35%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.31%.

Verizon Communications's earnings in 2021 is $19,990,000,000.On average, 16 Wall Street analysts forecast VZ's earnings for 2021 to be $21,984,015,997, with the lowest VZ earnings forecast at $21,777,010,197, and the highest VZ earnings forecast at $22,149,620,637. On average, 16 Wall Street analysts forecast VZ's earnings for 2022 to be $22,273,824,118, with the lowest VZ earnings forecast at $21,114,591,636, and the highest VZ earnings forecast at $22,894,841,519.

In 2023, VZ is forecast to generate $22,729,236,878 in earnings, with the lowest earnings forecast at $21,073,190,476 and the highest earnings forecast at $24,012,672,841.

What is VZ's revenue growth forecast for 2021-2023?

(NYSE: VZ) Verizon Communications's forecast annual revenue growth rate of -0.13% is not forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 1.56%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.79%.

Verizon Communications's revenue in 2021 is $132,866,000,000.On average, 16 Wall Street analysts forecast VZ's revenue for 2021 to be $552,626,845,430,947, with the lowest VZ revenue forecast at $546,292,861,251,258, and the highest VZ revenue forecast at $562,862,433,534,473. On average, 16 Wall Street analysts forecast VZ's revenue for 2022 to be $543,402,335,758,070, with the lowest VZ revenue forecast at $527,366,734,936,858, and the highest VZ revenue forecast at $566,765,320,894,272.

In 2023, VZ is forecast to generate $551,878,345,577,809 in revenue, with the lowest revenue forecast at $527,507,084,869,495 and the highest revenue forecast at $581,396,490,863,010.

What is VZ's forecast return on assets (ROA) for 2021-2024?

(NYSE: VZ) forecast ROA is 6.64%, which is lower than the forecast US Telecom Services industry average of 7.35%.

What is VZ's Price Target?

According to 5 Wall Street analysts that have issued a 1 year VZ price target, the average VZ price target is $58.60, with the highest VZ stock price forecast at $65.00 and the lowest VZ stock price forecast at $55.00.

On average, Wall Street analysts predict that Verizon Communications's share price could stay at $58.60 by Oct 21, 2022. The average Verizon Communications stock price prediction forecasts a potential downside of N/A from the current VZ share price of $52.93.

What is VZ's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: VZ) Verizon Communications's current Earnings Per Share (EPS) is $4.83. On average, analysts forecast that VZ's EPS will be $5.31 for 2021, with the lowest EPS forecast at $5.26, and the highest EPS forecast at $5.35. On average, analysts forecast that VZ's EPS will be $5.38 for 2022, with the lowest EPS forecast at $5.10, and the highest EPS forecast at $5.53. In 2023, VZ's EPS is forecast to hit $5.49 (min: $5.09, max: $5.80).

What is VZ's forecast return on equity (ROE) for 2021-2024?

(NYSE: VZ) forecast ROE is 31.46%, which is considered strong.
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