Based on the available data and recent developments, I'll provide a price prediction analysis for FYBR stock in 2030:
Current Situation & Key Developments:
The stock is currently trading at $35.72, with a significant catalyst being Verizon's pending acquisition offer of $38.50 per share announced in early 2025. This acquisition is expected to close in early 2026.
Technical Analysis:
The stock has shown strong momentum since its lows in 2023, with current price levels showing consolidation around the $35-36 range as it approaches the acquisition price.
2030 Price Projection:
The stock price by 2030 is expected to be integrated into Verizon (VZ) shares, as the $38.50 per share acquisition by Verizon is likely to complete in early 2026. Therefore, FYBR as an independent stock will cease to exist after the merger completion.
Reason: Raymond James analysts have indicated they don't foresee any obstacles to the Verizon acquisition offer, and shareholders have already approved the $38.50 per share deal. This makes the standalone price prediction for 2030 not applicable as FYBR will be absorbed into Verizon.