VZ Price Prediction Next Week
Technical Analysis
VZ has shown a consolidation pattern between $38-39 range over the past week. The stock is currently trading near the lower end of this range, suggesting potential support around $38.50.
News Impact Analysis Recent news indicates several positive catalysts for VZ:
- Strong Q4 2024 results with improving revenue trends and cost management
- Goldman Sachs maintains Buy rating with $52 price target, citing sustainable revenue and EBITDA growth
- AI Connect offering expected to generate over $100M in revenue
- Positive analyst sentiment with consensus "Moderate Buy" rating and mean price target of $46.49
Price Prediction for Next Week Based on technical analysis and news sentiment:
- Support level: $38.50
- Resistance level: $39.50
- Target price: $39.80
The stock is likely to break out of its current consolidation pattern upward due to:
- Improving business fundamentals and cost efficiency
- Strong analyst backing with multiple price target upgrades
- Positive momentum in AI initiatives and business segment performance
Trading Recommendation: BUY
- Entry point: Current level ($38.76)
- First target: $39.50 (+1.9%)
- Second target: $39.80 (+2.7%)
- Stop loss: $38.20 (-1.4%)
The risk-reward ratio is favorable with limited downside risk supported by strong fundamentals and positive analyst sentiment. The stock shows potential for upward movement based on improving business metrics and strategic initiatives.
VZ Similar Chart Price Prediction
The price of VZ is predicted to go up -3.67%, based on the high correlation periods with BUI. The similarity of these two price pattern on the periods is 97.53%.
VZ
BUI
Down: -3.67%Similarity: 97.53%
VZ Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
VZ Price Forecast($)
Potential Return(%)
2025
45.000
11.770
2026
46.000
16.780
2027
48.000
21.860
2028
45.000
14.240
2029
50.000
26.940
2030
50.000
26.940
What is VZ stock price prediction 2025 ?
What is VZ stock price prediction 2026 ?
What is VZ stock price prediction 2027 ?
What is VZ stock price prediction 2028 ?
What is VZ stock price prediction 2029 ?
What is VZ stock price prediction 2030 ?
VZ Revenue Forecast
VZ EPS Forecast
VZ FAQs
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VZ VS S&P500
A focus on network strength over the past 15 years has put Verizon in an enviable position. Its wireless network provides the broadest coverage in the industry, and its reputation with customers is sterling.
With the largest customer base in the US, Verizon Wireless is the most efficient carrier in the industry, delivering far better profitability than its rivals.
Verizon is relentlessly pushing forward in its core business, expanding its fiber-optic network and deploying 5G wireless technology.
VZ Analyst's Forecast
John Hodulik
UBS
Hold
2024-10-23
Price Target
$43 → $44
Upside
+2.64%
UBS analyst John Hodulik raised the firm's price target on Verizon to $44 from $43 and keeps a Neutral rating on the shares. Verizon provided a broadband strategy update alongside its Q3 results, pointing to continued fixed wireless growth, fiber expansion and higher capital expenditures, the analyst tells investors in a research note.
Maher Yaghi
Scotiabank
Hold
2024-10-18
Price Target
$47 → $47
Upside
+7.39%
Ivan Feinseth
Tigress Financial
Strong Buy
2024-10-01
Price Target
$52 → $55
Upside
+21.65%
