49/100BVerizon Communications stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Verizon Communications is 47.86, 4.7% above the current price of 45.72. Their targets range from 44.00 to 52.00.
Of the 13 firms that rated Verizon Communications in the past 12 months, 6 rate it buy or strong buy, 7 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.
Analysts' 1-year price targets range from 44.00 to 52.00, with an average of 47.86.
| Buy | 6 | |
| Hold | 7 | |
| Sell | 0 |
12-month price target
| Highest target | 52.00 |
| Average target | 47.86 |
| Lowest target | 44.00 |
| Current price | 45.72 |
Verizon Communications price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Verizon Communications price target and rating?
How analysts rate Verizon Communications, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
6 of 13 firms rate it buy now, against 3 of 9 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Verizon Communications analyst upgrades, downgrades and price targets
The latest rating change came on 28 October 2026, when Freedom Broker upgraded Verizon Communications from Hold to Buy. The most recent new target came from UBS on 27 October 2026: 50.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 28 Oct 2026 | Freedom Broker | Upgraded · Hold → Buy | — | — | — |
| 27 Oct 2026 | UBS | — | 48.00 → 50.00 | +4.2% | 43.10 |
| 27 Oct 2026 | Barclays | Reiterated · Equal Weight | 46.00 → 44.00 | -4.3% | 43.10 |
| 13 Oct 2026 | Bernstein | — | 47.00 → 45.00 | -4.3% | 42.78 |
| 9 Oct 2026 | Scotiabank | Reiterated · Sector Outperform | 52.50 → 50.00 | -4.8% | 46.35 |
| 27 Jul 2026 | Morgan Stanley | Reiterated · Equal Weight | 50.00 → 52.00 | +4.0% | 47.07 |
| 27 Jul 2026 | RBC Capital | Reiterated · Sector Perform | 47.00 | — | 46.38 |
| 27 Jul 2026 | Scotiabank Maher Yaghi | Reiterated · Sector Outperform | 51.50 → 52.50 | +1.9% | 46.38 |
| 27 Jul 2026 | Barclays | Reiterated · Equal Weight | 45.00 → 46.00 | +2.2% | 46.38 |
| 27 Jul 2026 | Wells Fargo | Reiterated · Equal Weight | 43.00 → 47.00 | +9.3% | 46.38 |
| 27 Jul 2026 | Bernstein Laurent Yoon | — | 48.00 → 47.00 | -2.1% | 46.38 |
| 15 Jul 2026 | Scotiabank Maher Yaghi | Reiterated · Sector Outperform | 54.50 → 51.50 | -5.5% | 43.05 |
| 8 Jul 2026 | Barclays | Reiterated · Equal Weight | 45.00 | — | 42.59 |
| 8 Jul 2026 | Wells Fargo | — | 44.00 → 43.00 | -2.3% | 42.59 |
| 28 Apr 2026 | Morgan Stanley | Reiterated · Equal Weight | 49.00 → 50.00 | +2.0% | 46.88 |
| 12 Mar 2026 | Raymond James Frank Louthan | — | 56.00 | — | 50.63 |
| 9 Mar 2026 | Scotiabank Maher Yaghi | Upgraded · Sector Perform → Sector Outperform | 50.25 → 54.50 | +8.5% | 50.45 |
| 19 Feb 2026 | Daiwa | Reiterated · Outperform → Buy | 58.00 | — | 48.05 |
| 2 Feb 2026 | Williams Trading Gregory Williams | — | 54.00 | — | 44.37 |
| 2 Feb 2026 | UBS | — | 48.00 | — | 43.98 |
| 2 Feb 2026 | Bernstein Laurent Yoon | — | 44.00 → 48.00 | +9.1% | 44.21 |
| 2 Feb 2026 | Scotiabank Maher Yaghi | Reiterated · Sector Perform | 48.00 → 50.25 | +4.7% | 44.45 |
| 2 Feb 2026 | Wells Fargo Eric Luebchow | Reiterated · Equal Weight | 41.00 → 44.00 | +7.3% | 44.52 |
| 2 Feb 2026 | Morgan Stanley | Reiterated · Equal Weight | 47.00 → 49.00 | +4.3% | 44.52 |
| 26 Jan 2026 | Wells Fargo | Reiterated · Equal Weight | 41.00 | — | 39.52 |
| 16 Jan 2026 | Bernstein | Reiterated · Market Perform | 44.00 | — | 39.36 |
| 7 Jan 2026 | Scotiabank | — | 51.00 → 48.00 | -5.9% | 40.11 |
| 10 Dec 2025 | Morgan Stanley Benjamin Swinburne | Reiterated · Equal Weight | 47.00 | — | 40.14 |
Verizon Communications EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Verizon Communications's EPS to grow 11.4% a year until 2028. Over the last 5 years it fell 1.1% a year, and over the last 3 years it fell 7.1%.
Analysts expect Verizon Communications's revenue to grow 1.3% a year until 2028, about as fast as over the last 5 years (1.5% a year) and the last 3 years (0.3%).
Revenue
EPS
Does Verizon Communications beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 2.3% off the result, either way, and their revenue estimate 1.2%, over the last 12 quarters.
- EPS beats
- 80 / 136
- Revenue beats
- 63 / 120
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +2.1%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 26 Oct 2026 | 1.27 | 1.31 | +3.1% | 34.77B | 34.31B | -1.3% |
| Q2 FY2026 | 24 Jul 2026 | 1.28 | 1.30 | +1.6% | 35.16B | 34.25B | -2.6% |
| Q1 FY2026 | 27 Apr 2026 | 1.21 | 1.28 | +5.8% | 34.82B | 34.40B | -1.2% |
| Q4 FY2025 | 30 Jan 2026 | 1.05 | 1.09 | +3.8% | 36.09B | 36.40B | +0.9% |
| Q3 FY2025 | 29 Oct 2025 | 1.19 | 1.21 | +1.7% | 34.26B | 33.80B | -1.3% |
| Q2 FY2025 | 21 Jul 2025 | 1.19 | 1.22 | +2.5% | 33.74B | 34.50B | +2.3% |
| Q1 FY2025 | 22 Apr 2025 | 1.15 | 1.19 | +3.5% | 33.28B | 33.49B | +0.6% |
| Q4 FY2024 | 24 Jan 2025 | 1.11 | 1.10 | -0.9% | 35.34B | 35.68B | +1.0% |
| Q3 FY2024 | 22 Oct 2024 | 1.18 | 1.19 | +0.8% | 33.42B | 33.33B | -0.3% |
| Q2 FY2024 | 22 Jul 2024 | 1.15 | 1.15 | 0.0% | 33.05B | 32.80B | -0.8% |
| Q1 FY2024 | 22 Apr 2024 | 1.12 | 1.15 | +2.7% | 33.23B | 32.98B | -0.8% |
| Q4 FY2023 | 23 Jan 2024 | 1.07 | 1.08 | +0.9% | 34.58B | 35.13B | +1.6% |
Verizon Communications stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Verizon Communications's earnings keep growing at the 6.0% a year analysts expect to FY2028, it would earn about 6.32 a share in FY2030. At the P/E it has traded at over the last five years (7.8 to 13.7) that is 49.18 to 86.27 a share, or 65.83 at its average P/E of 10.4. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 5.05 | 39.33 | 52.65 | 68.99 |
| FY2027 | 5.29 | 41.22 | 55.18 | 72.31 |
| FY2028 | 5.62 | 43.73 | 58.55 | 76.72 |
| FY2029 (extrapolated) | 5.96 | 46.38 | 62.08 | 81.35 |
| FY2030 (extrapolated) | 6.32 | 49.18 | 65.83 | 86.27 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 6.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (7.8, 10.4, 13.7).
Is Verizon Communications stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Verizon Communications's P/E of 11.7 is above the middle of its 5-year range (6.1 to 19.1, median 10.0). Analysts expect faster growth than in recent years, which can explain part of the high P/E. At its usual P/E (10.0 × EPS of 3.92), Verizon Communications's fair value is 39.15; the price, 45.72, is 16.8% above it. Its forward P/E, on the consensus for FY2026, is 9.1.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (6.1 and 19.1). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 11.66
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 9.99
- Five-year P/E range
- 6.1 – 19.1
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 9.05
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.93
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +4.7%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.