Verizon (VZ) Stock Forecast & Long-Term Predictions

• Price Today — $39.93 USD. 

• Price at Q1 of 2024 — $47.66.

• Price for next year 2025 — $77.53.

• Long-term price 2025-2030 — $77.53-$92.74.

Verizon's cap is likely to rise in the coming months. Analyst ratings on the share are Buy and Hold. There are no sell recommendations for the asset.

Verizon stock is trading within a rising trend channel in the medium long term. On most timeframes, the technical analysis gives a Strong Buy rating. Example:

• The asset is still far from overbought according to the RSI indicator;

• Moving averages are below the price chart line;

• There were only 3 «red» days in the last 10 ones.

On November 29, VZ is trading near the strong resistance. If the price moves down, the support line will be $43.1. If the price goes lower, it will be a signal to open short positions.

The bulls will encounter resistance as they attempt to break above the $45.03 level in a bullish trend. Consolidating above this level will signal a stronger bullish trend.

In early 2024, Verizon said it intends to strengthen its position. Forbes analysts note:

• C-band acquisitions for post-paid subscriber growth;

• Growth in fixed wireless broadband customers;

• Launch of the myPlan program, which allows you to add additional services to your plan. 

Both bullish and bearish predictions are offered for the next 5 years. Verizon's strengths are highlighted by the authors of the bullish scenarios. First and foremost is its dominance in the U.S. wireless market. Other positive factors:

• Global presence;

• High innovation;

• Strong branding;

• Effective Marketing Strategy;

• Stable demand for telecommunications services even during economic crises. 

The bears call the company a risky investment. They believe the business is not diversified enough. Most of its profits are tied to the American market. And if there is a crisis in the telecom industry, Verizon will suffer losses.

Over the next 5 years, the following events could cause prices to fall:

• Adopting new laws governing confidential information;

• Losing Market Share;

• Data breaches lead to loss of customer confidence.

Verizon is off to a good start in 2024. The stock is up nearly 18% YTD. The company's financial results in recent quarters make it the most profitable company in the telecom sector. Return on Equity has been about 10.43% versus 8.85% for major competitors.

Some experts doubt that the TV giant's capitalization will continue to grow. They point to its $174.2 billion in debt and the high cost of servicing it.

Bulls are confident that Verizon will be the leading provider of 5G services in the US. The proliferation of this technology will be key to the company's financial health.

Targeted pricing from leading agencies:

• $44 — UBS;

• $47 — Scotiabank;

• $55 — Tigress Financial.

Dividend yield is one of the most important factors for Verizon stock. This is what makes it attractive to long-term passive investors. The company has increased its payout over the past 19 years.

The Motley Fool points out the risk of a dividend cut. The main reason is the high cost of debt service and the need to reduce it. However, other experts believe that this will not significantly affect cash flow. Current Payout Ratio is 58.49%.

End-of-2025 target levels:

• $34.78 — Coincodex;

• $37.27 — Walletinvestor;

• $46.95 — Stockraven;

• $51.66 — CoinPriceForecast.

In the third quarter of 2024, interest expense was approximately $1.67 billion. Verizon’s ongoing strategy is to reduce debt. But much of 2026's prices will depend on how long borrowing costs remain high. This will drive the interest cost.

Some experts believe that Verizon will become unattractive to invest in if saddled with debt. Their forecast is for a decline in the share price by almost 1.7 times. Bullish scenarios are also presented. The most optimistic of them promises to increase the share price more than 140% by the end of 2026:

• $31.58 — Walletinvestor;

• $26.45 — Coincodex;

• $47.47 — Stockraven;

• $55.77 — CoinPriceForecast.

According to Stock Analysis, Verizon's revenues are expected to grow to $152.2 billion by 2027. EPS will be in the range of $4.83-$5.23. That's much higher than Verizon is expected to earn in 2022 and 2023. In those years, the company posted a loss.

Experts cite 5G services as a key growth driver. At the same time, some experts believe that this will not be enough. They predict a significant drop in prices. The main argument of the bears remains the level of debt.

Projections to late 2027 from various services:

• $25.89 — Walletinvestor;

• $26.41 — Coincodex;

• $52.88 — Stockraven;

• $60.31 — CoinPriceForecast.

Financial results in 2028 are not expected to be much different from 2027, according to the stock analysis platform. Despite this, some experts believe that the company's subscriber base will continue to grow.

Share price forecast for the end of 2028:

• $20.18 — Walletinvestor;

• $34.98 — Coincodex;

• $57.51 — Stockraven;

• $67.98 — CoinPriceForecast.

Walletinvestor promises a catastrophic fall in capitalization. But this platform is known for its bearish views on many companies. BeatMarket thinks such pessimism is exaggerated.

The most optimistic Longforecast predicts an almost 2.6-fold increase in prices.