Verizon Communications

VZ · NYSE

$44.54+$0.39 (+0.88%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $44.15

VZ analyst rating

HoldConsensus of 14 analysts over the last 12 months. 36% rate it a buy.

Strong buy0
Buy5
Hold9
Underperform0
Sell0

12-month price target · 28 analysts

Average $52.44 (+17.7% upside)

Low: $44.44
Now: $44.54
High: $74.55

Upgrades and downgrades

The latest rating actions, newest first

VZ analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Scotiabank	Oct 9, 2026	Maintains	Sector Outperform	$51.50 → $50.00	53%
Scotiabank	Oct 2, 2026	Maintains	Sector Outperform	$52.50 → $51.50	53%
TD Cowen	Jul 27, 2026	Maintains	Buy	$54.00 → $56.00	22%
Morgan Stanley	Jul 27, 2026	Maintains	Equal-Weight	$50.00 → $52.00	61%
RBC Capital	Jul 27, 2026	Maintains	Sector Perform	$46.00 → $47.00	39%
Scotiabank	Jul 27, 2026	Maintains	Sector Outperform	$51.50 → $52.50	53%
Wells Fargo	Jul 27, 2026	Maintains	Equal-Weight	$43.00 → $47.00	54%
Barclays	Jul 27, 2026	Maintains	Equal-Weight	$45.00 → $46.00	56%
RBC Capital	Jul 20, 2026	Maintains	Sector Perform	$48.00 → $46.00	39%
Scotiabank	Jul 15, 2026	Maintains	Sector Outperform	$54.50 → $51.50	53%

The case for and against

Updated Jul 21, 2026

Bull case

Verizon Communications is well-positioned in the wireless market with its large network capacity and solid dividend yield, but potential increases in competitive intensity and reliance on promotional deals could put pressure on margins. The company's cost efficiency measures, including opex savings and focus on growth and innovation through investments in 5G and broadband services, provide a positive outlook. However, there are some risks to the rating and price target, such as macroeconomic pressures, regulatory risks, and technological disruptions.

Bear case

Verizon Communications is facing macroeconomic pressures from heightened competition, as seen in the company's increased promotional expenses and higher postpaid phone churn. The company's new strategy to focus on subscriber growth over topline growth may have received market acceptance, but it is not without risks, such as the potential for high churn rates to continue due to customer service or network quality issues. These challenges may impact Verizon's ability to achieve its target of 750K-1M postpaid phone net adds in 2026 and could also limit potential for operational cost savings.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.