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VZ
Communication Services · Integrated Telecommunication ServicesVERIZON COMMUNICATIONS INC
$50.83
-0.92%
AI Research
+23% YTD → Oppenheimer raises PT to $56, new revenue reporting structure
PositiveBuyPT $56.00
Verizon is up approximately 23% year-to-date and trading near $51, with Oppenheimer raising its price target to $56 from $50 and maintaining an Outperform rating citing positive subscriber growth and cost-cutting. The company announced significant changes to its revenue reporting structure effective Q1 2026, and AT&T Fiber's Ookla award recognition creates competitive pressure in the home internet segment. The dividend of $0.707 per share has an ex-date of April 10, 2026, with 11 analysts recommending Buy and a 12-month consensus target of $50.54.
Key Stats
Market Cap$215.0B
P/E (TTM)12.6
Fwd P/E9.7
Beta0.28
Div Yield555.00%
Prev Close$51.30
52-Week Range
$38.39$50.83$51.67