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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
$50.00-10.36%
Avg Forecast
$60.60+8.64%
Max Forecast
$68.00+21.91%

Should I buy or sell VZ stock?

Based on 8 analysts offering ratings for Verizon Communications Inc.
Hold
Strong Buy
2 analysts 25%
Buy
1 analysts 12.5%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

VZ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
JP Morgan
Bottom 7%
7
Strong BuyUpgrades$65.00+16.53%2020-11-05
Argus Research
Top 10%
91
Strong BuyUpgrades$68.00+21.91%2020-09-08
Tigress Financial
Top 21%
80
BuyUpgradesN/AN/A2021-03-24
Credit Suisse
Top 9%
92
HoldMaintains$60.00+7.57%2021-07-22
Moffett Nathanson
Bottom 36%
36
HoldDowngradesN/AN/A2021-04-27
Oppenheimer
Top 9%
92
HoldDowngradesN/AN/A2021-02-25
Wells Fargo
Bottom 11%
11
HoldReinstates$60.00+7.57%2020-11-16
Anonymous
Redburn Partners
Strong SellInitiates Coverage On$50.00-10.36%2021-06-25

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Forecast return on equity

Is VZ forecast to generate an efficient return?
Company
30.97%
Industry
20.48%
Market
59.33%
VZ's Return on Equity is forecast to be high in 3 years (30.97%); 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
6.53%
Industry
7.67%
Market
15.31%
VZ is forecast to generate lower Return on Assets (6.53%) than the US Telecom Services industry average (7.67%)
Forecast

VZ earnings per share forecast

What is VZ's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$5.30+9.82%
Avg 2 year Forecast
$5.34+10.5%
Avg 3 year Forecast
$5.39+11.56%
VZ's earnings are forecast to grow at a rate of 3.71% per year, which is not exceptional
Forecast

VZ revenue forecast

What is VZ's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$135.1B+1.66%
Avg 2 year Forecast
$136.5B+2.76%
Avg 3 year Forecast
$139.5B+5%
VZ's revenue is forecast to grow at a rate of 1.64% 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
3.71%
Industry
20%
Market
18.21%
VZ's earnings are forecast to grow slower (3.71% per year) than the US Telecom Services industry average (20%)
Forecast
VZ's earnings are forecast to grow slower (3.71% per year) than the US market average (18.21%)
Forecast
VZ's earnings are forecast to grow faster (3.71% per year) than the risk-free savings rate (1.2%)
Forecast

VZ revenue growth forecast

How is VZ forecast to perform vs Telecom Services companies and vs the US market?
Company
1.64%
Industry
3.49%
Market
13.5%
VZ's revenues are forecast to grow slower (1.64% per year) than the US Telecom Services industry average (3.49%)
Forecast
VZ's revenues are forecast to grow slower (1.64% per year) than the US market average (13.5%)
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, 2 (25%) are recommending VZ as a Strong Buy, 1 (12.5%) are recommending VZ as a Buy, 4 (50%) are recommending VZ as a Hold, 0 (0%) are recommending VZ as a Sell, and 1 (12.5%) 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 3.71% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 20%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.21%.

Verizon Communications's earnings in 2021 is $19,990,000,000.On average, 11 Wall Street analysts forecast VZ's earnings for 2021 to be $21,961,245,359, with the lowest VZ earnings forecast at $21,777,010,197, and the highest VZ earnings forecast at $22,149,620,637. On average, 17 Wall Street analysts forecast VZ's earnings for 2022 to be $22,096,213,141, with the lowest VZ earnings forecast at $20,617,777,715, and the highest VZ earnings forecast at $22,894,841,519.

In 2023, VZ is forecast to generate $22,307,773,069 in earnings, with the lowest earnings forecast at $20,452,173,075 and the highest earnings forecast at $23,267,451,959.

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

(NYSE: VZ) Verizon Communications's forecast annual revenue growth rate of 1.64% is not forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 3.49%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.5%.

Verizon Communications's revenue in 2021 is $132,866,000,000.On average, 12 Wall Street analysts forecast VZ's revenue for 2021 to be $559,205,642,950,362, with the lowest VZ revenue forecast at $554,292,807,411,584, and the highest VZ revenue forecast at $571,029,640,381,482. On average, 15 Wall Street analysts forecast VZ's revenue for 2022 to be $565,245,393,225,550, with the lowest VZ revenue forecast at $548,975,242,412,193, and the highest VZ revenue forecast at $574,426,191,553,625.

In 2023, VZ is forecast to generate $577,609,216,242,707 in revenue, with the lowest revenue forecast at $557,450,473,890,123 and the highest revenue forecast at $587,194,309,319,213.

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

(NYSE: VZ) forecast ROA is 6.53%, which is lower than the forecast US Telecom Services industry average of 7.67%.

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 $60.60, with the highest VZ stock price forecast at $68.00 and the lowest VZ stock price forecast at $50.00.

On average, Wall Street analysts predict that Verizon Communications's share price could stay at $60.60 by Jul 22, 2022. The average Verizon Communications stock price prediction forecasts a potential downside of N/A from the current VZ share price of $55.78.

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 $5.30 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 $5.34 for 2022, with the lowest EPS forecast at $4.98, and the highest EPS forecast at $5.53. In 2023, VZ's EPS is forecast to hit $5.39 (min: $4.94, max: $5.62).

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

(NYSE: VZ) forecast ROE is 30.97%, which is considered strong.
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