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Verizon Communications Inc. (NYSE: VZ) is a leading American telecommunications company headquartered in New York City. Established in 1983 as Bell Atlantic, it adopted the Verizon name in 2000 following its merger with GTE. Today, Verizon operates through its Consumer and Business segments, offering a wide array of services including wireless and wireline communications, broadband, digital television, and IoT solutions. As of December 31, 2024, Verizon boasted 146 million wireless subscribers, making it the largest wireless carrier in the United States. The company is also investing in expanding its 5G network and fiber infrastructure, exemplified by its planned $20 billion acquisition of Frontier Communications to enhance its service offerings WikipediaBarron's.
52-Week Stock Performance:
- High: $47.36 (achieved on March 10, 2025)
- Low: $37.59 (recorded on January 10, 2025) FinanceCharts
Analyst Ratings Summary: According to MarketBeat, based on 19 Wall Street analysts:
- Buy Ratings: 9 (including 2 Strong Buy)
- Hold Ratings: 10
- Sell Ratings: 0 This results in a consensus rating of "Moderate Buy" .MarketBeatFisher College of Business+8Zacks+8Stockchase+8Investor's Business Daily
Additionally, MarketWatch reports an average analyst price target of $46.99, with a high estimate of $52.00 and a low of $42.00, based on 27 ratings .MarketWatch+1WSJ+1
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