Wall Street Analysts Remain Moderately Bullish on Verizon Communications Stock
Verizon Communications Inc (VZ) has seen mixed performance compared to the broader market, with its shares rising 12.9% over the past year versus a 16.3% gain for the S&P 500 Index ($SPX). However, it outperformed in YTD returns at 18.4%, surpassing SPX's 8.5%. The company recently raised its full-year adjusted EPS guidance to $4.99–$5.04 and boosted free cash flow growth forecasts to 9%–10%. A significant dark fiber deal with Google, worth over $1 billion, has also bolstered investor sentiment. Analysts expect Verizon's adjusted earnings per share (EPS) for the fiscal year ending December 2026 to grow by 6.8%, supported by consistent outperformance in recent quarters. The consensus rating among analysts is a
Topics: dark fiber deal with Google earnings guidance free cash flow forecast Verizon Communications