$42.36
0.45% today
NYSE, Dec 06, 05:44 pm CET
ISIN
US92343V1044
Symbol
VZ

Verizon Communications Target price 2024 - Analyst rating & recommendation

Verizon Communications Classifications & Recommendation:

Buy
44%
Hold
52%
Sell
4%

Verizon Communications Price Target

Target Price $46.76
Price $42.55
Potential 9.90%
Number of Estimates 22
22 Analysts have issued a price target Verizon Communications 2025 . The average Verizon Communications target price is $46.76. This is 9.90% higher than the current stock price. The highest price target is $56.00 31.61% , the lowest is $40.79 4.13% .
A rating was issued by 27 analysts: 12 Analysts recommend Verizon Communications to buy, 14 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Verizon Communications stock has an average upside potential 2025 of 9.90% . Most analysts recommend the Verizon Communications stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion $ 133.97 134.58
2.09% 0.45%
EBITDA Margin 34.67% 36.05%
0.25% 3.97%
Net Margin 8.67% 13.09%
44.29% 50.94%

20 Analysts have issued a sales forecast Verizon Communications 2024 . The average Verizon Communications sales estimate is $135b . This is 0.25% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $136b 1.00% , the lowest is $134b 0.15% .

This results in the following potential growth metrics:

Revenue Estimates

2023 $134b 2.09%
2024 $135b 0.45%
2025 $137b 1.99%
2026 $140b 1.75%
2027 $142b 1.74%
2028 $144b 1.08%

20 Analysts have issued an Verizon Communications EBITDA forecast 2024. The average Verizon Communications EBITDA estimate is $48.5b . This is 1.87% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $49.2b 3.26% , the lowest is $46.6b 2.14% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $46.5b 2.34%
2024 $48.5b 4.45%
2025 $50.0b 3.12%
2026 $51.3b 2.44%
2027 $52.5b 2.35%
2028 $53.7b 2.29%

EBITDA Margin

2023 34.67% 0.25%
2024 36.05% 3.97%
2025 36.46% 1.14%
2026 36.70% 0.66%
2027 36.92% 0.60%
2028 37.36% 1.19%

16 Verizon Communications Analysts have issued a net profit forecast 2024. The average Verizon Communications net profit estimate is $17.6b . This is 80.40% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $19.4b 98.71% , the lowest is $16.1b 65.09% .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $11.6b 45.45%
2024 $17.6b 51.64%
2025 $19.6b 11.03%
2026 $20.3b 3.92%
2027 $20.8b 2.17%
2028 $22.5b 8.53%

Net Margin

2023 8.67% 44.29%
2024 13.09% 50.94%
2025 14.25% 8.86%
2026 14.56% 2.18%
2027 14.62% 0.41%
2028 15.70% 7.39%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share $ 2.76 4.19
45.45% 51.81%
P/E 10.17
EV/Sales 2.60

16 Analysts have issued a Verizon Communications forecast for earnings per share. The average Verizon Communications <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $4.19 . This is 80.60% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $4.61 98.71% , the lowest is $3.83 65.09% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.76 45.45%
2024 $4.19 51.81%
2025 $4.65 10.98%
2026 $4.83 3.87%
2027 $4.93 2.07%
2028 $5.36 8.72%

P/E ratio

Current 18.34 135.73%
2024 10.17 44.55%
2025 9.16 9.93%
2026 8.81 3.82%
2027 8.62 2.16%
2028 7.95 7.77%

Based on analysts' sales estimates for 2024, the Verizon Communications stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 2.60 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 1.33 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.60 5.69%
2024 2.60 0.14%
2025 2.55 1.95%
2026 2.50 1.72%
2027 2.46 1.71%
2028 2.43 1.07%

P/S ratio

Current 1.33 10.33%
2024 1.33 0.25%
2025 1.31 1.95%
2026 1.28 1.72%
2027 1.26 1.72%
2028 1.25 1.06%

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