Verizon Communications (VZ) closed the most recent trading day at $40.89, moving +1.67% from the previous trading session.
VZ's Wi-Fi 6E upgrade at Empower Field boosts fan connectivity with 2,400 new access points and a faster, safer stadium network.
Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Verizon Communications (VZ) reached $41.26 at the closing of the latest trading day, reflecting a +1.45% change compared to its last close.
Verizon (VZ) remains a Buy, offering a 20% upside to a $49 price target, plus a 6.75% dividend yield. VZ trades at a forward P/E of 9, a 75% discount to peers, despite steady top and bottom-line growth and improving free cash flow. FQ3 2025 results showed 1.47% revenue growth, 2% EPS growth, and continued leverage reduction, supporting the undervaluation thesis.
Verizon is rated Strong Buy, driven by turnaround potential, robust cash flows, and a sustainable ~6.7% dividend yield. VZ's new CEO, Dan Schulman, is implementing cost-saving initiatives, major layoffs, and a renewed focus on customer experience and growth. Interest rate cuts, debt management, and recent acquisitions like Frontier and Starry are key catalysts for VZ's long-term value creation.
Verizon slips 6.1% in six months as competitive pressure, high churn and heavy promo spending weigh on performance.
Verizon presents a deep value opportunity with a forward P/E of 8.5x and a significant margin of safety, justifying a buy rating. Despite near-zero topline growth and competitive pressures, VZ's structural moat, premium brand, and new turnaround initiatives support optimism. Management's cost-cutting and efficiency plans are expected to positively impact margins, even if revenue growth remains flat.
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Verizon (VZ) reported earnings 30 days ago. What's next for the stock?
Verizon (VZ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company.