This blog post will analyze the Verizon Stock Price Prediction for 2023 to 2060 based on a technical and fundamental analysis of the Verizon stock price history.
Let’s discuss the future price forecast of VZ Stock and its performance analysis for the coming years.
What is Verizon?
Verizon is the second-largest wireless carrier in America, initially working under the name of Verizon Communications till 2019.
Verizon is the joint venture of American telecommunications firms Bell Atlantic and Vodafone, founded in 2000 to provide wireless communication products and services in America.
Later, in 2014, Verizon acquired Vodafone’s 45% company stake and became the sole owner of this company.
At the current time, this network covers almost 99% of the area of the USA through its 4G LTE and 5G services.
Verizon started working to develop 5G technology in 2015, and by 2022, more than 200 million people have already used its 5G service across urban and rural areas.
Apart from wireless communication, Verizon also offers network solutions to businesses, data centers, cloud-based services, IOT, voice services, etc.
Mainly, Verizon offers its communication services to small to global enterprises, public sectors, and businesses all over the world, including Asia, Europe, Africa, and the Middle East.
Financial Overview of VZ Stock
| Parameters Name | Value/Price |
|---|---|
| Current Stock Price | $34.18 |
| Verizon Communications Ticker Symbol | VZ |
| Market Cap | $144.20B |
| Enterprise Value | $317.05B |
| Price/Sales (TTM) | 1.07 |
| Enterprise Value/Revenue | 2.35 |
| Price/Book (MRQ) | 1.51 |
| Enterprise Value/EBITDA | 6.38 |
| 52 Week Low/High | $31.25/$42.85 |
| 50/200 Day Moving Average | $34.17/$37.22 |
| 52-Week Change | -17.28% |
| Official Website | Verizon Communications Inc. |
Verizon Stock Price Prediction 2023 to 2060
| Verizon Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2023 | $31.73 | $47.50 |
| 2024 | $37.49 | $53.72 |
| 2025 | $41.60 | $57.48 |
| 2026 | $55.11 | $69.25 |
| 2027 | $59.39 | $75.67 |
| 2028 | $63.23 | $88.45 |
| 2029 | $88.63 | $103.51 |
| 2030 | $98.27 | $120.49 |
| 2035 | $157.95 | $172.45 |
| 2040 | $206.31 | $226.99 |
| 2045 | $278.52 | $307.35 |
| 2050 | $321.07 | $362.10 |
| 2055 | $385.00 | $413.33 |
| 2060 | $465.32 | $508.57 |
Verizon Stock Price Prediction 2023
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2023 | $31.73 | $47.50 |
Verizon Stock Price Prediction 2024
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2024 | $37.49 | $53.72 |
Verizon Stock Price Prediction 2025
As per our analysis, Verizon stock will surely cress the price resistance of $50 and reach the maximum price of $4 by the end of 2025.
In the coming time, the demand for wireless devices and applications is going to increase, which create revenue for Verizon communication.
Most well-street experts about Verizon’s stock price prediction study indicate that this stock may be traded between $41.60 and $57.48 in 2025.
This prediction may be behind if the market goes in the growth direction, which can be seen in the increasing market trading volume.
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2025 | $41.60 | $57.48 |
Verizon Stock Price Prediction 2030
In the current scenario, a significant increment in revenue of Verizon Communications can be seen, but its net profit has disappointed analysts a few times.
Because of this consequent happening, company stock price faces a downfall continuously.
It also observed that VZ stock continuously struggled to reach its last all-time of $53.28 in March 2020 but faced investors’ negative response.
In case of a bullish market trend, Verizon stock price may touch the highest forecasted price of $120.49, and in case of a bearish market trend, it may fall to $98.27 as per 2030 VZ stock price prediction.
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2030 | $98.27 | $120.49 |
Verizon Stock Price Prediction 2040
Verizon stock may prove beneficial for investors who want a high-yield dividend of 7.5% on their investment.
Moreover, this facility may attract investors for long-term investment in VZ stock, but its stock price growth is too slow.
If some positive improvement can happen in the business of Verizon communication, then considerable growth can be seen in its price in 2040.
On the basis of our VZ stock price precision, VZ stock may be touching the maximum forecasted price of $226.99 with a yearly lowest price of $206.31 in 2040.
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2040 | $206.31 | $226.99 |
Verizon Stock Price Prediction 2050
As per the analysis, Verizon’s stock price will reach the maximum forecasted price of $4 with a yearly lowest price of $2 in 2050.
Without a doubt, this company will not perform poorly till 2050 but will emerge as a people-preference telecom company.
In the current scenario, Verizon is saturated in its core market, but it needs to reduce its own margin to enhance its customer base.
By doing this type of practice, its debt will definitely reduce and increase the revenue generated.
If company leadership takes all these problems, then Verizon stock can easily reach our predicted price, and its investors will celebrate the festival.
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2050 | $321.07 | $362.10 |
Verizon Stock Price Prediction 2060
Most Wall Street experts predicted that in 2060, the stock price of Verizon can traded on the stock exchange between $2 and $4 with some ups and downs depending on the current time market condition,
As per many market reports, Verizon is trying to make a partnership with other telecom companies with a perspective of worldwide expansion.
If this happens, then the stock price of Verizon will move on the track of growth by the end of 2060 and will secure a top position in the investor’s portfolio.
| VZ Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2060 | $465.32 | $508.57 |
FAQ
Is it the right time to buy Verizon Stock?
Currently, Verizon stock is traded above $30 and is expected to gain approximately 45% in the coming two years, as per many Wall Street experts’ opinions. It will be the right time to buy Verizon Communications (VZ) if you have the patience to wait for at least two years.
Where will Verizon stock be in the next five years?
According to our analysis, this stock has shown some decline in the past years, but analytics parameters indicate its growth in an upward direction but very slow. In our study, this stock may face some struggle to cross the highest predicted price of $88.45 after five years in 2028.
Can VZ stock cross $100?
Yes, by the end of 2029, the stock price of Verizon may cross the $100 mark.
Final Words
Verizon Communications works in the telecommunication segment, where company revenue mainly depends on the customer base.
In the last ten years, Verizon’s revenue showed a decline and only reached $137 billion from $116 billion.
Apart from this, the company reported only a $21 billion net profit in the last financial year, which is a good signal but very low.
If you are thinking of investing in this growing telecommunication company, then it will be the right time to invest in its stock, but do your study beforehand.
We hope you like this “Verizon stock price prediction from 2023 to 2060,” which is performed by considering its past price history.
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