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

OverviewForecast
EarningsDividendOwnership

Analyst price target for VZ

Based on 17 analysts offering 12 month price targets for Verizon Communications Inc.
Min Forecast
$56.00-1.01%
Avg Forecast
$63.29+11.89%
Max Forecast
$70.00+23.74%

Should I buy or sell VZ stock?

Buy
Strong Buy
9 analysts 56.25%
Buy
1 analysts 6.25%
Hold
6 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is VZ forecast to generate an efficient return?
Company
34.7%
Industry
69.48%
Market
61.23%
VZ's Return on Equity is forecast to be high in 4 years (34.7%); 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
7.6%
Industry
29.02%
Market
19.8%
VZ is forecast to generate lower Return on Assets (7.6%) than the US Telecom Services industry average (29.02%)
Forecast

VZ earnings per share forecast

What is VZ's earnings per share in the next 3 years based on estimates from 20 analysts?
Avg 1 year Forecast
$5.00+12.82%
Avg 2 year Forecast
$5.13+15.85%
Avg 3 year Forecast
$5.32+20.19%
VZ's earnings are forecast to grow at a rate of 6.25% per year, which is not exceptional
Forecast

VZ revenue forecast

What is VZ's revenue in the next 3 years based on estimates from 18 analysts?
Avg 1 year Forecast
$132.8B+3.46%
Avg 2 year Forecast
$134.6B+4.87%
Avg 3 year Forecast
$136.0B+5.93%
VZ's revenue is forecast to grow at a rate of 1.96% 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
6.25%
Industry
22.23%
Market
20.21%
VZ's earnings are forecast to grow slower (6.25% per year) than the US Telecom Services industry average (22.23%)
Forecast
VZ's earnings are forecast to grow slower (6.25% per year) than the US market average (20.21%)
Forecast
VZ's earnings are forecast to grow faster (6.25% per year) than the risk-free savings rate (1.1%)
Forecast

VZ revenue growth forecast

How is VZ forecast to perform vs Telecom Services companies and vs the US market?
Company
1.96%
Industry
3.67%
Market
14.75%
VZ's revenues are forecast to grow slower (1.96% per year) than the US Telecom Services industry average (3.67%)
Forecast
VZ's revenues are forecast to grow slower (1.96% per year) than the US market average (14.75%)
Forecast

Verizon Communications Stock Forecast FAQ

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

The consensus among 16 Wall Street analysts covering (NYSE: VZ) stock is to Buy VZ stock.

Out of 16 analysts, 9 (56.25%) are recommending VZ as a Strong Buy, 1 (6.25%) are recommending VZ as a Buy, 6 (37.5%) 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 Price Target?

According to 17 Wall Street analysts that have issued a 1 year VZ price target, the average VZ price target is $63.29, with the highest VZ stock price forecast at $70.00 and the lowest VZ stock price forecast at $56.00.

On average, Wall Street analysts predict that Verizon Communications's share price could reach $63.29 by Jan 25, 2022. The average Verizon Communications stock price prediction forecasts a potential upside of 11.89% from the current VZ share price of $56.57.

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

(NYSE: VZ) Verizon Communications's forecast annual earnings growth rate of 6.25% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 22.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.21%.

Verizon Communications's earnings in 2021 is $18,308,000,000.On average, 20 Wall Street analysts forecast VZ's earnings for 2021 to be $20,681,993,242, with the lowest VZ earnings forecast at $20,028,180,731, and the highest VZ earnings forecast at $22,014,446,588. On average, 14 Wall Street analysts forecast VZ's earnings for 2022 to be $21,236,906,266, with the lowest VZ earnings forecast at $19,821,278,037, and the highest VZ earnings forecast at $22,759,296,285.

In 2023, VZ is forecast to generate $22,033,481,636 in earnings, with the lowest earnings forecast at $21,186,835,814 and the highest earnings forecast at $23,255,862,749.

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

(NYSE: VZ) Verizon Communications's forecast annual revenue growth rate of 1.96% is not forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 3.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.75%.

Verizon Communications's revenue in 2021 is $128,375,000,000.On average, 18 Wall Street analysts forecast VZ's revenue for 2021 to be $549,597,722,737,362, with the lowest VZ revenue forecast at $540,860,193,024,480, and the highest VZ revenue forecast at $566,121,977,387,363. On average, 15 Wall Street analysts forecast VZ's revenue for 2022 to be $557,084,393,250,313, with the lowest VZ revenue forecast at $544,405,263,774,909, and the highest VZ revenue forecast at $582,778,678,727,580.

In 2023, VZ is forecast to generate $562,713,702,421,768 in revenue, with the lowest revenue forecast at $548,982,365,160,516 and the highest revenue forecast at $583,648,911,456,441.

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

(NYSE: VZ) Verizon Communications's current Earnings Per Share (EPS) is $4.43. On average, analysts forecast that VZ's EPS will be $5.00 for 2021, with the lowest EPS forecast at $4.84, and the highest EPS forecast at $5.32. On average, analysts forecast that VZ's EPS will be $5.13 for 2022, with the lowest EPS forecast at $4.79, and the highest EPS forecast at $5.50. In 2023, VZ's EPS is forecast to hit $5.32 (min: $5.12, max: $5.62).

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

(NYSE: VZ) forecast ROE is 34.7%, which is considered strong.

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

(NYSE: VZ) forecast ROA is 7.6%, which is lower than the forecast US Telecom Services industry average of 29.02%.
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