Verizon (VZ) Stock Forecast & Price Target

Verizon Communications demonstrates a robust financial performance with consolidated revenue increasing by 5.2% year-over-year to $34.5 billion, driven primarily by higher wireless equipment sales, which rose 30% year-over-year. Additionally, business adjusted EBITDA reached $1.7 billion, reflecting a 6% increase year-over-year and exceeding consensus estimates by 3.6%, aided by margin expansion initiatives. Consumer revenue also performed well, rising 6.9% year-over-year to $26.6 billion, further underscoring the company's strength in the wireless market, which constitutes a significant portion of its overall revenue stream.

Verizon Communications experienced a year-over-year decline in business revenue of 0.3%, with total revenue reaching $7.3 billion, despite some growth in its wireless portfolio. The firm faced challenges in attracting new customers, as evidenced by postpaid additions falling significantly short of expectations, along with broadband net additions also underperforming against consensus projections. As a result of these factors, Verizon has adjusted its expectations for service revenue growth downward for 2025 and 2026, reflecting ongoing pressures in both consumer and business segments.