In 2024, Verizon Communications, Inc. (NYSE: VZ ) has attempted to generate a sustainable recovery after falling from long-term highs in 2020. Looking back, the stock was trading at highs of $61.95 in early December 2020 and the extended downturn thatAnalyst’s Disclosure: I/we have a beneficial long position in the shares of VZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...

The company will be buffeted by some strong, oncoming headwinds, one pundit believes.Telecom giant Verizon Communications (VZ -2.33%) was looking somewhat diminished on the penultimate trading day of the week, at least on the stock exchange. The company's share price took a more-than 2% hit on Thursday "thanks" to the move of one analyst tracking its fortunes. This was contrasted by the S&P 500 index having a slightly upbeat session, ultimately closing 0.2% higher on the day.Recommendation cutWell before th ...

Keybanc Captial Markets analyst Brandon Nispel downgraded Verizon Communications Inc VZ stock from Overweight to Sector Weight.Nispel rerated and reduced his estimates following weaker-than-expected results. While the analyst’s prior outlook largely remains, he adjusted his rating based on limited EBITDA growth potential for 2025 (projected at 1.5% compared to 2.2% in 2024) and a likely decline in free cash flow (expected to fall to $17.5 billion in 2025 from $20.2 billion in 2024). Verizon’s potential acqu ...

There is still an upside, and we reiterate our Buy rating on Verizon Communications Inc. (NYSE: VZ ) shares today following the just-reported Q3 earnings . The earnings were not that great, especially compared toPay yourself dividends with outsized returnsGet more with our playbook to significantly grow your wealth by embracing a blended trading and investing approach at our one-stop shop.Our prices go up November 1st, but right now we have a big sale on the current price. Join NOW and you can lock in 75% o ...

Shares of telecommunications giant Verizon Communications Inc. (NYSE:VZ) are 0.8% lower before the open following a bear note from Keybanc. The analyst downgraded VZ to "sector weight" from "overweight," noting multiple catalysts for this pessimism, including limited EBITDA growth potential in 2025, negative impacts from multiple acquisitions, and slowing improvements in the company's postpaid phone net additions. In addition to the downgrade, Deutsche Bank cut its target price on the Dow component from $44 ...

Verizon can't seem to get into growth mode.Verizon (VZ 3.28%) reported third-quarter 2024 earnings this week, and investors were disappointed by the lack of growth. Not only was the top line not great, but costs from layoffs and acquisitions were a drag on the bottom line. Travis Hoium shows everything you need to know in this video.*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 23, 2024. ...

Verizon (NYSE: VZ ) reported mixed results for its third fiscal quarter on Tuesday, which included a slight earnings beat and weaker-than-expected revenue. However, the telecommunications company benefited from strong subscriber momentum in its core broadband business and Verizon earned a ton ofAnalyst’s Disclosure: I/we have a beneficial long position in the shares of VZ, T either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not ...

Verizon Communications Inc VZ reported mixed fiscal third-quarter results on Tuesday.Its sales growth was flat year over year, reaching $33.33 billion, marginally missing the analyst consensus estimate of $33.43 billion. Service and other revenue growth was offset by declines in wireless equipment revenue. Adjusted EPS of $1.19 beat the analyst consensus estimate of $1.18.Postpaid phone net additions were 239,000. Verizon’s retail postpaid net additions were 349,000. The quarter saw 389,000 total broadband ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Verizon Communications Inc. (NYSE: VZ ), one of the largest telecommunication firms with a market capitalization of around $175 billion, recently announce ...

Goldman Sachs analyst James Schneider maintained a Buy rating on Verizon Communications Inc VZ with a price target of $52.Schneider summarized Verizon’s third-quarter print. Verizon’s quarterly results aligned closely with expectations.Revenue was $33.3 billion, matching Goldman Sachs’ estimate but slightly below the consensus of $33.5 billion.Also Read: Genuine Parts Q3 Earnings: Industrial Weakness And Europe Drag On Profit, Margins Shrink, Lowers Annual OutlookAdjusted EBITDA reached $12.5 billion, just ...