NYSE: VZVerizon Communications Inc Stock Forecast, Predictions & Price Target
Analyst price target for VZ
Based on 15 analysts offering 12 month price targets for Verizon Communications Inc.
Min Forecast
$54.00-6.83%
Avg Forecast
$62.80+8.35%
Max Forecast
$70.00+20.77%
Should I buy or sell VZ stock?
Buy
Strong Buy
7 analysts 50.00%
Buy
1 analysts 7.14%
Hold
6 analysts 42.86%
Sell
0 analysts 0.00%
Strong Sell
0 analysts 0.00%
Forecast return on equity
Is VZ forecast to generate an efficient return?
Company
34.22%
Industry
29.46%
Market
0.13%
VZ's Return on Equity is forecast to be high in 4 years (34.22%); 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
7.32%
Industry
10.94%
Market
11.56%
VZ is forecast to generate lower Return on Assets (7.32%) than the US Telecom Services industry average (10.94%)
Forecast
VZ earnings per share forecast
What is VZ's earnings per share in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$4.85+4.42%
Avg 2 year Forecast
$4.97+7.10%
Avg 3 year Forecast
$5.07+9.27%
VZ's earnings are forecast to grow at a rate of 3.00% 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
$127.9B-1.38%
Avg 2 year Forecast
$132.7B+2.27%
Avg 3 year Forecast
$134.3B+3.51%
VZ's revenue is forecast to grow at a rate of 1.16% 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
3.00%
Industry
3.65%
Market
15.13%
VZ's earnings are forecast to grow slower (3.00% per year) than the US Telecom Services industry average (3.65%)
Forecast
VZ's earnings are forecast to grow slower (3.00% per year) than the US market average (15.13%)
Forecast
VZ revenue growth forecast
How is VZ forecast to perform vs Telecom Services companies and vs the US market?
Company
1.16%
Industry
0.44%
Market
5.62%
VZ's revenues are forecast to grow faster (1.16% per year) than the US Telecom Services industry average (0.44%)
Forecast
VZ's revenues are forecast to grow slower (1.16% per year) than the US market average (5.62%)
Forecast
Verizon Communications Stock Forecast FAQ
Is Verizon Communications Stock a good buy in 2020, according to Wall Street analysts?
The consensus among 14 Wall Street analysts covering (NYSE: VZ) stock is to Buy VZ stock.
Out of 14 analysts, 7 (50.00%) are recommending VZ as a Strong Buy, 1 (7.14%) are recommending VZ as a Buy, 6 (42.86%) are recommending VZ as a Hold, 0 (0.00%) are recommending VZ as a Sell, and 0 (0.00%) are recommending VZ as a Strong Sell.
What is VZ's Price Target?
According to 15 Wall Street analysts that have issued a 1 year VZ price target, the average VZ price target is $62.80, with the highest VZ stock price forecast at $70.00 and the lowest VZ stock price forecast at $54.00.
On average, Wall Street analysts predict that Verizon Communications's share price could reach $62.80 by Oct 23, 2021. The average Verizon Communications stock price prediction forecasts a potential upside of 8.35% from the current VZ share price of $57.96.
What is VZ's earnings growth forecast for 2020-2022?
(NYSE: VZ) Verizon Communications's forecast annual earnings growth rate of 3.00% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 3.65%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.13%.
Verizon Communications's earnings in 2020 is $19,145,000,000.On average, 12 Wall Street analysts forecast VZ's earnings for 2020 to be $20,048,587,737, with the lowest VZ earnings forecast at $19,903,757,898, and the highest VZ earnings forecast at $20,193,417,576. On average, 18 Wall Street analysts forecast VZ's earnings for 2021 to be $20,563,354,366, with the lowest VZ earnings forecast at $19,779,618,036, and the highest VZ earnings forecast at $21,310,676,336.
In 2022, VZ is forecast to generate $20,979,636,703 in earnings, with the lowest earnings forecast at $19,945,137,852 and the highest earnings forecast at $21,848,615,738.
What is VZ's revenue growth forecast for 2020-2022?
(NYSE: VZ) Verizon Communications's forecast annual revenue growth rate of 1.16% is forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 0.44%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.62%.
Verizon Communications's revenue in 2020 is $129,726,000,000.On average, 16 Wall Street analysts forecast VZ's revenue for 2020 to be $529,415,579,019,204, with the lowest VZ revenue forecast at $520,223,402,922,574, and the highest VZ revenue forecast at $534,890,113,836,056. On average, 17 Wall Street analysts forecast VZ's revenue for 2021 to be $548,990,962,153,895, with the lowest VZ revenue forecast at $536,278,411,294,433, and the highest VZ revenue forecast at $566,453,046,207,279.
In 2022, VZ is forecast to generate $555,659,163,815,250 in revenue, with the lowest revenue forecast at $538,618,861,495,501 and the highest revenue forecast at $580,905,036,539,196.
What is VZ's Earnings Per Share (EPS) forecast for 2020-2022?
(NYSE: VZ) Verizon Communications's current Earnings Per Share (EPS) is $4.64. On average, analysts forecast that VZ's EPS will be $4.85 for 2020, with the lowest EPS forecast at $4.81, and the highest EPS forecast at $4.88. On average, analysts forecast that VZ's EPS will be $4.97 for 2021, with the lowest EPS forecast at $4.78, and the highest EPS forecast at $5.15. In 2022, VZ's EPS is forecast to hit $5.07 (min: $4.82, max: $5.28).
What is VZ's forecast return on equity (ROE) for 2020-2023?
(NYSE: VZ) forecast ROE is 34.22%, which is considered strong.
What is VZ's forecast return on assets (ROA) for 2020-2023?
(NYSE: VZ) forecast ROA is 7.32%, which is lower than the forecast US Telecom Services industry average of 10.94%.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
