Verizon Communications Inc. (NYSE: VZ) is the world’s largest telecommunication company situated in New York City, United States. We will explore all the influencing factors of this stock and then understand Verizon’s stock forecast for long-term investments.
Verizon Communications Inc.(NYSE: VZ)
Verizon Communications Inc. is the second-largest telecommunication company in the United States by revenue. Verizon has more than 114M active subscribers in the United States and the mobile network of this company is the world’s largest wireless carrier.
Verizon Communications Inc. was established on Oct 7, 1983, and the current CEO is Hans Vestberg. More than 100k employees are working in this company.
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Details | Information |
Stock Name | Verizon Communications Inc. |
Stock Symbol | VZ |
Stock Exchange | NYSE |
Market Cap | 169.40B USD |
Founder | Alexander Graham Bell |
Founded Year | 7 Oct 1983 |
Headquarter | New York, New York United States |
Fundamentals of Verizon Stock
Earning per share of this stock is 4.71 and the return on equity is 10.18. The average volume is 16.86M but if we see the yearly revenue growth then it’s disappointing which is -2.09%.
Company | Data |
AVG Volume | 16.86M |
Revenue Growth % (Yearly) | -2.09% |
Net Income | 11.61B |
ROE | 10.18 |
EPS | 4.71 |
P/B Ratio | 1.92 |
P/E Ratio | 17.35 |
Dividend Yield | 6.73% |
Total Equity | 93.80B |
Net profit margin | 8.67 |
EBITDA Margin | 47.87B |
History of the Verizon Stock
Verizon stock was listed on the New York Stock Exchange on Dec 7, 1984, and started from $8.87. The all-time maximum stock price of Verizon is $59.75 after this upper circuit, this stock never goes up.
Time | Per Share Value (USD) |
Previous close | $40.78 |
Day Range | $40.21 – $41.05 |
Before 5D | $42.00 |
Before 1M | $42.45 |
Before 6M | $40.08 |
Before 1Y | $37.57 |
52 Week Range | $37.15 – $45.36 |
Before 5Y | $62.07 |
All time Max | $61.05 |
Major Shareholder of Verizon Stock
Vanguard Fiduciary Trust Co. has the largest shareholder of this company which holds 8.507 % share and the second largest shareholder of this company is Black Rock Advisors LLC. The remaining major shareholder companies are presented in the table below.
Shareholder | Shares % |
---|---|
Vanguard Fiduciary Trust Co. | 8.507 % |
Black Rock Advisors LLC | 5.978 % |
State Street Corporation | 4.383 % |
Charles Schwab Investment Management, Inc. | 2.406 % |
Geode Capital Management LLC | 2.276 % |
Short-Term Verizon Stock Forecast
Currently, Verizon stock is trading at $42.76 per share and this is the highest price of this year because this stock has not touched the upper circuit this year.
Year | 2024 |
Minimum Per Stock Price | $38.60 |
Maximum per Stock Price | $45.90 |
Average Per Stock Price | $42.76 |
Upcoming 1 to 10-Year Verizon Stock Forecast Chart
Verizon’s stock forecast for upcoming years is presented in the table below.
Year | Minimum Per Stock Value | Maximum Per Stock Value | Average Per Stock Price |
1 Year | $38.84 | $49.50 | $44.72 |
2 Year | $47.80 | $54.65 | $52.29 |
3 Year | $51.60 | $63.65 | $57.64 |
4 Year | $53.50 | $76.35 | $65.49 |
5 Year | $75.19 | $88.20 | $81.72 |
6 Year | $76.90 | $95.52 | $88.94 |
7 Year | $82.76 | $104.60 | $94.61 |
8 Year | $102.70 | $115.70 | $107.19 |
9 Year | $108.60 | $121.58 | $113.71 |
10 Year | $115.72 | $142.78 | $131.74 |
Verizon Stock Forecast 2025
By 2025, the demand for the 5G network will increase and Verizon heavily invested in the 5G spectrum. So the share price of Verizon stock will be increase and likely to hit $49.50 per share.
Year | 2025 |
Minimum Per Stock Price | $38.84 |
Maximum per Stock Price | $49.50 |
Average Per Stock Price | $44.72 |
Verizon Stock Forecast 2026
Verizon’s stock forecast for 2026 will be estimated to be $54.65 and the average yearly price stay at $52.29 due the its continuous growth in broadband services.
FIOS broadband is a very popular and trustable broadband of Verizon which is already established in this field.
Year | 2026 |
Minimum Per Stock Price | $47.80 |
Maximum per Stock Price | $54.65 |
Average Per Stock Price | $52.29 |
Verizon Stock Price Prediction 2027
Verizon’s stock price prediction for 2027 is expected to be $51.60 to $63.65 per share. The average yearly share price of Verizon will be $57.64.
Year | 2027 |
Minimum Per Stock Price | $51.60 |
Maximum per Stock Price | $63.65 |
Average Per Stock Price | $57.64 |
Verizon Stock Prediction 2030
Verizon’s stock forecast for 2030 is also expected to be $76 to $88.94 per share due to partnerships with tech giant companies and increased growth opportunities.
Year | 2030 |
Minimum Per Stock Price | $76 |
Maximum per Stock Price | $95.52 |
Average Per Stock Price | $88.94 |
Verizon Stock Prediction 2025 to 2040
There are three yearly columns in this table which will give an idea of the upcoming growth rate of Verizon. The minimum stock value is the lowest price of this stock in that year and the maximum per stock is the highest stock price and the average shown in the third column.
Year | Minimum Per Stock Value | Maximum Per Stock Value | Average Per Stock Price |
2025 | $38.84 | $49.50 | $44.72 |
2026 | $47.80 | $54.65 | $52.29 |
2027 | $51.60 | $63.65 | $57.64 |
2028 | $53.50 | $76.35 | $65.49 |
2029 | $75.19 | $88.20 | $81.72 |
2030 | $76.90 | $95.52 | $88.94 |
2031 | $82.76 | $104.60 | $94.61 |
2032 | $102.70 | $115.70 | $107.19 |
2033 | $108.60 | $121.58 | $113.71 |
2034 | $115.72 | $142.78 | $131.74 |
2035 | $132.42 | $148.57 | $140.89 |
2040 | $207.48 | $228.43 | $218.70 |
Key Drivers for Verizon’s Growth
Several factors influence Verizon’s stock price in the future which is explained in the list below one by one.
Expansion of 5G Technology: Verizon Communication Inc. has invested a lot of amount in 5G technology and the demand for 5G networks will increase in the future. So the stock price of Verizon will also increase.
Broadband Services Growth: FIOS, that is broadband of Verizon, is an established player in broadband services. So if the broadband services will grow in the future then the stock of Verizon will also grow.
Consistent Dividend Payments: Consistent dividend payouts of this stock also attract investors and if this trend continues in the future then investment in this stock will increase.
Strategic Partnerships and Innovations: If Verizon also has a partnership with other tech giant companies to increase the involvement of cloud computing and AI then the growth of Verizon will continue in the future.
Risks to Consider: Verizon Stock
Market Competition: Verizon faces market competition with AT&T and T-Mobile in its sector. So if Verizon does not innovate and upgrade its technology then the share price of this stock will decrease in the future.
Besides this, the Rising Debt Levels and Regulatory Challenges are also big risks for this stock.
Financial Performance of Verizon
Verizon is the second-largest telecommunication company by revenue as you can see the revenue of this company has increased year by year. Verizon also generates good profit which is presented in the chart below.
There are high increments that can be seen in the total assets also. By 2023, the total assets of this company were $380.26B which was an increase from $291.73B.
Year | Revenue Of Verizon | Verizon net Profit | Total Assets |
2019 | $131.87B | $19.27B | $291.73B |
2020 | $128.29B | $17.80B | $316.48B |
2021 | $133.61B | $22.07B | $366.60B |
2022 | $136.84B | $21.26B | $379.68B |
2023 | $133.97B | $11.61B | $380.26B |
Conclusion
Verizon stock can be profitable for long-term investments because of the continuous demand for these networks. It is also stable in the field of broadband and 5G networks, the demand for broadband service will increase in the future due to remote jobs and digital services.
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However, major risks are also present with Verizon’s growth like competitiveness, regulatory challenges, and the increase in debt level.
FAQs
What factors could impact Verizon’s stock growth in the coming years?
Rising debt levels, regulatory challenges, and competitiveness will affect the growth of Verizon stock in the future.
What is the predicted stock price range for Verizon in 2030?
The predicted stock price range for Verizon in 2030 is between $76.90 to $95.52.
What are the risks of investing in Verizon stock?
There are three major risks involved the first is regulatory challenges and the other is competitiveness and the rising debt level.
Where can I find updated forecasts for Verizon stock?
Exla Resources is one of the best platforms for the updated forecast for Verizon stock, you should bookmark this page for further updates.
What are Verizon’s growth opportunities beyond 2025?
Increasing demand for broadband and 5G networks are the major growth opportunities for Verizon stock in 2025.