Verizon (VZ) Stock Forecast for 2024, 2030, and 2040

Verizon is the second largest Telecommunications company in the USA that deals with phone services and home internet connections making your life easier by providing uninterrupted internet and phone services, and entertainment. According to the AI stock price forecaster at FinTechBrains, the recent long-term Verizon stock forecast predicts prices may touch $58.06 in 2024, $59.40 in 2025, $60.74 in 2026, and leap further to $61.23 by the end of 2030 while making its all-time high of $69.46 in 2035 and $76.71 in 2040. 

Verizon stock price history | Verizon stock price for the last 10 years 

Verizon stock long-term forecast | Verizon stock 10-year forecast 

Verizon 12-Month Forecast 2024/2025

Verizon’s short-term daily forecast | Verizon Stock forecast for next week

Verizon stock price chart 

Verizon Stock Forecast 2024 

By 12th/July/2024, Verizon’s peak share price in 2024 was recorded at $43.42. Our Analysts forecast Verizon’s stock price to linger between $56-$58 by the end of 2024. The all-time low Verizon share price in 2024 would trade at $41.67 

Reason –

In July 2024, Verizon’s Earnings per Share (EPS) dropped slightly from $1.17 in Q1 2023 to $1.09 in Q1 2024, and net income also dipped from $5.0 billion to $4.7 billion during the same period. This led to a temporary drop in their share price to $41.13 by the end of June 2024. However, with a strong free cash flow of $2.7 billion and decreasing debt in the first quarter of 2024, we expect Verizon’s stock price to rebound to $58.06 by the end of the year. 

Verizon Stock Forecast 2025 | What will Verizon stock price be in 2025 

Our analysts further foresee Verizon per stock price to be traded at $59.40 in 2025 rising by 2% compared to the previous year of 2024. While the predicted all-time low price of Verizon stock would form a strong cushioning to the moderate bull run at $42.32 in 2025. 

Reason – 

It’s always evident that any company’s successful innovation in the market will positively reflect its stock prices. Verizon is all set to majorly switch from a traditional aging DSL copper network to Fixed Wireless Access (FWA) altogether hitting 4-5 million FWA customers. With the US government assigning $42.5 billion in Broadband Equity Access and Deployment (BEAD) money, these customer numbers are expected to grow further exponentially with the company already having enough bandwidth spectrum to accommodate services to such huge customer numbers leading to positive response in Verizon’s stock prices. 

Verizon Stock Forecast 2026 

Our forecasting model considers the past Verizon stock history to form an educated prediction and we anticipate Verizon share prices to further climb by 2% from its last year and trade at its all-time high of $60.74 in 2026. 

Reason – 

Verizon firmly believes that speedy internet is not a luxury anymore but it’s the need of the hour. As a further expansion of Fixed Wireless Access (FWA) plans getting deeper into rural states, Verizon has already bagged a broadband infrastructure grant of $4.7 million by Pennsylvania Broadband Development of a total $9 million project to expand its high-speed internet connections of 100megabits per second, into approximately 1220 households of Warren County by end of 2026 leading to more customers on board in Verizon. Meanwhile, to bring more variety and innovation through partners and suppliers of different sizes across the globe, Verizon will start supporting 250 fellows per year by 2026 resulting in smart innovations. 

Verizon Stock Forecast 2030 

We predict Verizon share prices to descend by – 4 % in 2030 compared to Verizon stock prices in 2029, because the company will be focused on adopting final climate sustainability measures, marking its trade at $61.23 and maintaining its all-time low at $42.11 per Verizon stock price by the end of 2030. 

Reason – 

Not just research but Verizon also has signed up for being careful and sensitive about climate change by being less responsible towards global warming and destroying renewable resources. The company will go carbon-free and generate 100% renewable energy equivalent to its electricity consumption by 2030. This target will be partially achieved by Verizon in 2025 by producing renewable energy to 50% of its total energy consumption. Verizon being such considerate towards a sustainable environment will strictly need its partners and suppliers to adhere to these policies, making them more compliant and ethical. 

Verizon Stock Forecast 2040 

Verizon’s stock price target will hold its all-time high of $76.41 in 2040 but will also potentially hedge its climb at the lowest share price of the year at $ 49.33. The year-on-year price rise observed will be +5% from 2029(last year). 

Reason –

Verizon aims to bring a solid invention by completely automating the Air Traffic Management system by 2040 with the help of Skyward. At present even with sophisticated software and equipment, the air traffic is still densely controlled by humans over radios. But by 2040, Verizon predicts more aircraft, drones, and helicopters airborne congesting airways in many busy metro cities. This will call for an automated Air Traffic system with more precision, accuracy, and reliability. Verizon’s smart wireless fiber optic connections, which allow for dynamic bandwidth, will revolutionize the aviation industry by enabling real-time analytics with minimal manual intervention. Verizon’s proven ability to handle 800 million calls and 9 billion messages daily makes it the ideal choice for this advancement.

Verizon stock forecast 2026-2030 | Where will Verizon be in 5 years? 

Standing in 2024, the Verizon per share prices will start from $58.06, slightly rising to $60.74 in 2026 while touching $62.81 midway in 2028 and finally trading between $61.23-$63.52 in the next 5 years by the end of 2030 with the total year on year change of +3% only from 2026. In these 5 years, Verizon shares will reach its all-time low of $42.32 per share value. 

Verizon stock forecast 2031-2035 | Verizon stock forecast in 5 years 

The Verizon share price will rise from being at $61.42 in 2031 to $69.46 in 2035 thereby making an overall total Year-on-year change of +13% in the next 5 years. On average the stock will climb upwards by only +2% to +3% annually, for Verizon stock forecast in 5 years between 2031 to 2035. 

Verizon stock forecast 2036-2040 | Verizon stock forecast in 5 years 

Verizon stock prices are expected to experience an increase in prices in these 5 years. The shares will make their record level high at $70.73 in 2036, then soar to $72.32 in the next 2 years by 2038, and will finally end 2040 at $76.71 accounting for the total rise in share prices by +10% from 2036 (i.e in last 5 years). 

Is Verizon stock expected to rise? 

Yes, Verizon has all the potential to have a slow and steady rise in the coming years. Being the second largest Tele communication and internet services provider, Verizon has come a long way to date and has a long way to cover ahead. With an average Return on Equity of about 25.34% and Operating performance of 8.1% for the last 5 years, this stock is slightly undervalued(by 6%) but still able to generate good profits from the investors money. 

Verizon stock buy or sell? 

Verizon fundamentally doesn’t look weak but after observing at the past Verizon’s stock price history and its average YoY% gains, If you’ve been investing in Verizon for a long time, consider selling some of your shares to secure profits, while keeping the rest invested based on the company’s strong fundamentals. The company shares have been on average soaring only by 2%-3% annually for the last 20 years while any bank fixed deposits would comparatively pay you higher. 

Frequently Asked Questions | FAQ

Verizon Stock Dividend History 

Though Verizon stock prices have been a slow upward crawler in the stock market, it has been consistent in dividend payouts to its investors. 

Who is the largest shareholder of Verizon? 

Below are a few large share holders in Verizon

Verizon stock price 52 week high and low 

As of July 2024, Verizon’s 52-week high stock price is recorded at $ 43.42 and Verizon’s 52-week low stock price is traded at $ 30.14 

Verizon Stock Split History

Is Verizon stock a good investment |  Conclusion 

Digging furthermore into intrinsic attributes, it’s evident that Verizon has an average P/E ratio of 11.6% and a Debt/Equity ratio of 2.07% for the last 5 years. Though these attributes don’t form a total judgment of Verizon being a good investment or not but it’s clear from the P/E ratio that investors already don’t see much value and are only ready to pay $12 behind every $1 profit the company does. While the debt/Equity ratio says the company’s debt is more than the company’s net worth(after deducting liabilities).

Though some investors love investing in highly leveraged businesses, but according to FinTechBrains, Verizon clearly doesn’t meet the agenda of appreciating one investment even as much as S&P(500) returns. If you’re an investor seeking steady dividend income, Verizon could be a great choice. The company has a strong history of reliable dividend payouts.

Note – This blog information for educational purposes only.