Verizon Stock Price Prediction

If you’re searching for the top Verizon stock forecasts for 2023-2030, read on. In this article, we’re taking a look at VZ shares to find out what the experts have to say about its future price performance. 

If you are planning to invest in Verizon stock, there are many things you may need to know. If your primary focus is to invest in the long term, then you must understand how VZ shares will grow in the coming years before investing.

This guide will discuss our in-depth Verizon stock price prediction for the months and years ahead, highlighting potential opportunities for the VZ stock and answering key questions related to Verizons investments.

In keeping with our traditions, we will not rush you through the forecasts for all the years under consideration. Rather, we will begin with background information, discuss the price history of Verizon stock, before discussing its price predictions for the coming years. It is important that you read between the lines to get the information that will help you make the right decision. 

Content 

• What You Need To Know About Verizon
• Verizon (VZ) Stock Price History
• Verizon Stock Forecast: Taking Mentor’s Advice
• Verizon (VZ) Stock Price Forecasts
• Verizon Stock Price Prediction 2023 
• Verizon Stock Price Prediction 2024 
• Verizon Stock Price Forecast 2025: Long Term Outlook
• Verizon Stock Price Prediction 2026 
• Verizon Stock Price Prediction 2027 
• Verizon Stock Price Prediction 2028 
• Verizon Stock Price Prediction 2029 
• Verizon Price Forecast Long Term Outlook: 2030 
• Should You Invest In Verizon (VZ) Stock?
• Verizon Stock Price Forecast – Conclusion

 

What You Need To Know About Verizon 

Verizon Communications Inc. is an American multinational telecommunication conglomerate. Commonly called Verizon, the company is a corporate component of the Dow Jones Industrial Average. It is a top-ranking conglomerate in the telecommunications and mass media industries. Though it focuses more on mobile telephony and wireless broadband, its products and services cut across telephone and internet services. 

Verizon operates the largest wireless carrier in the United States. Simply referred to as Verizon's mobile network, it had as many as 120.9 million subscribers in 2020. The number is expected to have increased significantly by now. It is also among the biggest telecommunication companies, by revenue. It has also been listed among the top 20 of Fortune 500 corporations in the United States for more than 20 years running. 

Verizon was founded in 1983 as Bell Atlantic Corporation, one of the original Regional Bell Operating Companies. A series of mergers and consolidations saw the company change its official name from Bell Atlantic to Verizon Communications in 2000. The name change was made official after the original company merged with GTE, another important telephone company at the time. Upon changing its name, Verizon became the largest local telephone company in the United States. 

Verizon is headquartered in Manhattan, New York City and serves the United States as its primary market. However, it is a global brand that serves a worldwide market. Verizon’s products are not limited to landlines and mobile phones. The company is involved in cable television, broadband, IPTV, Internet, digital television, digital media and telematics. It has been at the forefront of innovations in its industry. 

Verizon Communications Inc. operates two divisions, namely Verizon Consumer and Verizon Business. As their names imply, these divisions serve consumers and businesses, respectively. Verizon also has a handful of subsidiaries, including BlueJeans, TracFone wireless, Skyward, Visible, and Yahoo (10%). 

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Verizon (VZ) Stock Price History 

Though the original company was formed several years earlier and had gone public earlier too, Verizon Communications officially started trading on the stock market in 2000. Yahoo Finance has historic price data dating back to the 1980s, but we will focus on the historical price data of the new company formed after the merger in 2000. 

Verizon stock (VZ) traded on the stock market for the first time on 3rd July 2000, and the stock price was $45.53 per share. On 1st December 2000, the stock opened at $51.15, reached a high of $53.40 and closed at $45.08 per share. 

On 1st January 2001, VZ opened at $44.63 and closed at $49.42. On 1st June 2001, it opened at $49.28 and closed at $48.11. On 1st December 2001, the stock opened at $42.36, reached a high of $43.99 and closed at $42.68. 

In 2002, the price of Verizon stock dropped considerably from January to October. On 1st October 2002, VZ price opened at $24.75 and closed at $33.96. On 1st January 2003, it opened at $35.21, reached a high of $39.85 and closed at $34.43. On 1st December 2003, Verizon stock opened at $29.38 and closed at $31.15. There was no big change in 2004. 

On 1ST January 2005, Verizon stock price opened at $36.69 and closed at $32.01. On 1st December 2005, it opened at $28.98 and closed at $27.09. On 1st June 2006, it opened at $28.31 and closed at $30.12. On 1st June 2007, the stock opened at $40.64 and closed at $38.43. On 1st January 2008, it opened at $40.98 and closed at $36.25. 

On 1st January 2009, Verizon stock price opened at $32.00 and closed at $28.01. On 1st June 2010, it opened at $25.60 and closed at $26.28. On 1st December 2011, VZ opened at $37.68, reached a high of $40.25 and closed at $40.12. On 1st June 2013, it opened at $48.43, reached a high of $51.69 and closed at $50.34. 

On 1st January 2014, Verizon stock price opened at $49.08 and closed at $48.02. On 1st June 2015, it opened at $49.44 and closed at $46.61. On 1st June 2016, it opened at $50.87, reached a high of $55.95 and closed at $55.84. On 1st December 2016, VZ opened at $49.80, reached a high of $53.90 and closed at $53.38. 

On 1st January 2017, Verizon stock opened at $53.96, reached a high of $54.83 and closed at $49.01. On 1st January 2018, it opened at $53.16, reached a high of $54.77 and closed at $54.07. On 1st December 2018, the stock opened at $59.50 and closed at $56.22. On 1st June 2019, VZ opened at $54.68, reached a high of $58.67 and closed at $57.13. 

On 1st January 2020, Verizon stock price opened at $61.38 and closed at $59.44. On 1st June 2020, it opened at $56.70, reached $58.23 and eventually closed at $55.13. On 1st December 2020, the stock opened at $60.43, reached a high of $61.91 and closed at $58.75. 

On 1st January 2021, Verizon stock opened price at $58.96, reached a high of $59.54 and closed at $54.75. On 1st June 2021, the stock opened at $56.75, reached a high of $57.61 and closed at $56.03. On 1st December 2021, VZ opened at $50.50, reached a high of $53.34 and closed at $51.96. 

On 1st January 2022, Verizon stock opened at $52.07, reached a high of $54.83 and closed the year at $40.23. 

Verizon stock price chart. Source: TradingView

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Verizon Stock Forecast: Taking Mentor’s Advice 

Sometimes, it is good to consider the forecasts of other authority websites before discussing ours. Here, we will present Verizon stock predictions as presented by some forecasting websites. 

Wallet Investors 

Wallet Investor is pessimistic about Verizon stock, at least for its 1-year forecast. Their analysts predict that the Verizon stock price prediction will drop to $49.723 per share in the next one year. 

 

Gov Capital 

Gov.Capital has one of the most optimistic forecasts for Verizon stock. According to their current forecast, VZ stock could be worth as much as $96.861 in the next year. The 5-year Verizon Communication Stock forecast, according to the website is $390.370. Based on our own analysis, this is unrealistic. 

 

CNN Money 

“The 22 analysts offering 12-month price forecasts for Verizon Communications Inc. have a median target of 58.50, with a high estimate of $72.00 and a low estimate of $52.00. The median estimate represents a +13.84% increase from the last price of $51.39.”

 

Tip Ranks 

"Based on 8 Wall Street analysts offering 12-month price targets for Verizon in the last 3 months. The average price target is $60.88 with a high forecast of $68.00 and a low forecast of $56.00. The average price target represents an 18.44% change from its current price."

 

Now that we've discussed a few things you need to need about Verizon and how the price of its stocks has changed over time, it is time to discuss how the price will change in the future. We will discuss Verizon's price prediction for each year, starting from 2023 to 2030. We will also discuss how the price will possibly change in the remaining months of the year. 

Verizon (VZ) Stock Price Forecasts

As a long-term investment, it projects that Verizon could perform much better. According to its predictions, the value of the Verizon VZ stock could rise to $67 by the very end of 2023, rising to $75 in 2024, and achieving a mean price of $82 by 2025. That’s a steady increase of over 90%. 

Before delving fully into Verizon (VZ) stock price forecasts, it is pertinent to note that price predictions are not infallible prophecies. Rather, they are projections made by analyzing the price data of an asset and considering other factors that can affect the price. Therefore, it is best to take the following VZ price predictions and forecasts as expert suggestions of what the price could be in the future. 

Verizon Stock Price Prediction 2023 

From the price history section, you can notice that Verizon stock has been growing at a rather disappointing pace. Though we can’t label it a poor stock, its performance leaves so much to be desired. Even within the last three months of last year, 2022, the stock has been fluctuating regularly without any tangible growth. 

Though Verizon is a top telecommunication company, the price of its stock has not been growing at a remarkable pace. One of the major reasons for this is that the company pays dividends regularly. We don’t expect any major change in its culture, so the price of the stock will continue to grow gradually. 

In the coming months of 2023, it is expected that Verizon stock will grow at a slow pace, but there will certainly be a difference in price before the year comes to an end. It is projected that the VZ will reach $54.68 before the end of June 2023. By December 2023, it is projected that the Verizon stock price prediction will reach $67.19. 

Do you plan to buy and hold Verizon shares in the long term? It is important that you understand how the price of the stock is likely to move in the coming years. We’ll discuss our forecasts straightaway. 

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Verizon Stock Price Prediction 2024 

In 2024, we also expect that Verizon will pay out dividends at the appropriate time and then the price of the stock will record some improvements. It is possible that the price of the stock may drop a little, but we are being optimistic and conservative at the same time. 

As per our Verizon stock price forecast for 2024, the VZ stock price will likely trade for a minimum value of $74.81 throughout the year. The maximum esitmate is projected to be up to $82.75 per share. The average price of the Verizon stock prediction 2024 should be in the region of $78.46 per share. 

Verizon Stock Price Forecast 2025: Long Term Outlook

Verizon is a big company with huge potential. It is one of the largest telecommunication conglomerates in America and we expect that it will grow its infrastructure and consumer base significantly by 2025. There is also a good chance that an improvement in its infrastructure and consumer base will have a positive impact on the price of its stock. 

In 2025, our forecasts show that the minimum price of Verizon stock (VZ) will be in the region of $77.28. The maximum price is forecasted to be traded around $87.75 and we expect the average price to reach the $82.00 mark per share. 

Verizon Stock Price Prediction 2026 

Verizon’s revenue has been increasing at a respectable pace for several years. By 2026, we believe that the company’s finances will even be better. With revenue growing at an interesting pace, the price of Verizon stock is likely to pick up as more investors rush in to take advantage. 

As per our Verizon stock (VZ) price forecasts for 2026, the minimum price is projected to be in the region of $85.21. It is also forecasted that the maximum price of VZ stock will be $97.85. The average price is expected to be in the region of $92.06 per share. 

Verizon Stock Price Prediction 2027 

Are you a long-term stock investor? Can you invest in Verizon stock and wait for 5 years before cashing out? Then 2027 is probably the year you are most interested in. Five years is enough time for any decent investment to become more valuable and we believe VZ will be worth a lot more by then. You must have also received so much as dividends by 2027. 

According to the result of our analysis and market sentiments, Verizon stock (VZ) is expected to trade for a minimum price of $88.73 per share. The maximum price is projected to be up to $99.43. The average price throughout the year could be in the region of $84.26 per share. 

Verizon Stock Price Prediction 2028 

Over the years, Verizon Communications Inc. has made several acquisitions. We expect that the company will make many more acquisitions in the coming year to serve its customers better and position itself to take advantage of a growing market. Such notable improvements will likely have positive effects on the price of its stock. 

In 2028, our forecasts show that the minimum price of Verizon stock prediction could be $98.96. The maximum price is projected to be in the region of $92.05. The average price of the VZ stock for the year could be traded at $85.01 per share. 

Verizon Stock Price Prediction 2029 

Verizon has what it takes to remain at the top of the telecommunication and mass media industries in the United States. The company also has what it takes to expand further and earn more international clients. It is already recognized as a global brand and we anticipate further expansions that could potentially have a huge impact on the price of its stocks. 

In 2029, Verizon stock (VZ) forecast is projected to trade for a minimum price of $103.58 per share. The stock is also projected to reach a maximum price of $115.81. The average price for the year is expected to be in the region of $106.73 per share. 

Verizon Price Forecast Long Term Outlook: 2030 

Like every other top multinational in the United States, Verizon Communications Inc. must have strategic plans that extend to 2030. On our part, we expect that the company will roll out several wonderful products and services that will significantly improve its reputation, revenue, earning, and valuation. We also believe that the price of its shares will be worth much more than what it is now. 

According to our conservative forecasts, the minimum price of Verizon stock in 2030 is not going to be below $107.34. We also predict that the maximum price will be up to $127.79 in 2030. The average price of Verizon stock for the year is expected to be in the region of $117.37 per share. 

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Should You Invest In Verizon (VZ) Stock? 

If you decide to judge by the way the price of Verizon stock has grown in the last 22 years or thereabout, you will not be keen on buying it. But if you consider how often the company pays dividends, you will know that it is an income-yielding stock.

So is Verizon (VZ) stock a buy? There are several reasons to trust Verizon and buy its shares. The company is well-positioned to take advantage of any new trend in telecommunication. It has done really well in the past and has everything it takes for a big corporation to grow further in the future. We believe that the company will grow bigger and its shareholders will earn more from the investment in the coming years. 

Verizon Stock Price Forecast – Conclusion

Coming to how the price of Verizon stock can perform in the years ahead, we have every reason to believe that it will perform well. Our forecasts show that the stock will become a lot more valuable than what we have now in a few years to come. Buying now that the price is low gives you better chances of earning big. 

Though Verizon stock should be considered risky like any other stock, it is important to state that it is relatively safe. Though it is volatile, it doesn’t lose too much value at a time. It is also a revenue-yielding stock, so your passive income will be dropping little by little as you expect your investment to grow over time. 

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Are you willing to invest in Verizon Communications Inc. stock but need answers to some pressing questions? Here are answers to some of the commonest questions we get about Verizon stock price investing and forecasts: