Verizon’s Turnaround Gains Traction: New Highs Are Likely in 2025

From Nasdaq, Inc.: 2025-01-26 07:52:00

Verizon’s turnaround efforts are paying off, driving shareholder value with a strong focus on building a robust 5G network in North America. Cash flow is improving, enhancing the balance sheet while reinvesting and paying dividends. The stock trades at a low valuation and offers a high yield, making it an attractive investment opportunity.

In Q4 2024, Verizon reported a beat-and-raise quarter with revenue up 1.7% YoY, driven by growth in equipment and services. Total subscribers increased by 26% YoY, with FIOS gaining market share. Margin news is positive, with adjusted earnings up and cash flow growing compared to the prior year. Debt reduction and dividend outlook are promising.

Verizon issued strong guidance for 2025, with expected revenue and earnings growth. Analysts see an 18% upside potential in the stock price for the year. Recent upgrades and price target revisions suggest a Strong Buy rating, with a chance of reaching $50 to $55 by year’s end. Technical action is positive, confirming support levels and signaling a sustained uptrend.



Read more at Nasdaq, Inc.:: Verizon’s Turnaround Gains Traction: New Highs Are Likely in 2025