Verizon (VZ) Stock Forecast & Price Target

Verizon Communications has demonstrated a positive financial trajectory, with net sales revenue increasing by 0.93% year-over-year, reaching $135.29 billion for the 12-month period ending March 2025. The company's adjusted EBITDA rose 6% year-over-year to $1.7 billion, benefiting from margin expansion initiatives, including voluntary separations and cost-saving strategies. Additionally, a 5.2% year-over-year increase in consolidated revenue to $34.5 billion was driven primarily by higher wireless equipment revenue, further reinforcing the company's dominant position in the U.S. wireless market.

Verizon Communications experienced a marginal decline in business revenue, falling 0.3% year-over-year to $7.3 billion, indicating pressures in legacy segments that need to be addressed despite growth in the wireless portfolio. The company's ability to attract new subscribers has weakened, as evidenced by significantly lower-than-expected additions in other postpaid categories and broadband net adds, which ultimately fell short of consensus estimates. Furthermore, the revised expectations for service revenue growth in 2025 and 2026 enhance the negative outlook, stemming from both lower consumer segment net additions and a decline in business segment subscribers.