Verizon Communications (NYSE:VZ) Given New $49.00 Price Target at JPMorgan Chase & Co.

Verizon Communications (NYSE:VZ) had its target price raised by investment analysts at JPMorgan Chase & Co. from $47.00 to $49.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the cell phone carrier’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 4.89% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $48.00 target price on shares of Verizon Communications in a report on Monday. TD Cowen cut their price objective on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Evercore ISI lifted their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a report on Monday. William Blair raised Verizon Communications to an “outperform” rating in a research note on Monday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Verizon Communications in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $49.02.

Verizon Communications Stock Up 4.7%

Shares of VZ stock traded up $2.11 on Tuesday, hitting $46.72. The stock had a trading volume of 34,731,428 shares, compared to its average volume of 35,527,840. Verizon Communications has a 12-month low of $38.39 and a 12-month high of $47.35. The business has a 50 day moving average of $40.41 and a 200 day moving average of $41.60. The stock has a market cap of $196.98 billion, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 4.15 and a beta of 0.33. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. The company had revenue of $36.38 billion for the quarter, compared to analyst estimates of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, analysts expect that Verizon Communications will post 4.69 EPS for the current year.

Institutional Investors Weigh In On Verizon Communications

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Advantage Trust Co boosted its holdings in shares of Verizon Communications by 549.5% in the 2nd quarter. Advantage Trust Co now owns 591 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 500 shares in the last quarter. TruNorth Capital Management LLC boosted its stake in shares of Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after acquiring an additional 305 shares in the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in Verizon Communications in the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC raised its holdings in shares of Verizon Communications by 490.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after acquiring an additional 539 shares during the last quarter. Finally, Global Wealth Strategies & Associates grew its position in shares of Verizon Communications by 739.5% in the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after purchasing an additional 599 shares during the period. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Key Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Q4 earnings beat and big subscriber additions: Verizon topped EPS and revenue expectations for Q4 (reported Jan. 30) and reported “massive” wireless subscriber adds, supporting near‑term revenue momentum. Verizon (VZ) Posts Massive Wireless Subscriber Additions in Q4
• Positive Sentiment: Shareholder returns and Frontier transaction: Management outlined cost savings tied to the Frontier deal and a large $25B buyback program, which combined with the dividend raise increases cash‑return visibility. Verizon Resets Story With Frontier Deal Cost Cuts And $25b Buyback
• Positive Sentiment: Dividend hike: Verizon announced a quarterly dividend raised to $0.7075 (annualized yield ~6.4%), reinforcing its income appeal for yield‑oriented investors.
• Positive Sentiment: Multiple analyst price‑target increases: Several firms have lifted PTs (Citigroup, Evercore ISI, Scotiabank, Morgan Stanley, RBC), with Citi reinstating a buy and higher upside assumptions — analyst upgrading/raise activity is supporting buying interest. Citigroup PT raise / Benzinga Benzinga aggregation
• Neutral Sentiment: Valuation and positioning: Coverage pieces are revisiting VZ’s low forward P/E and valuation after the Q4 beat and buyback — some see upside, others flag nearby technical resistance. Valuation After Q4 Beat
• Neutral Sentiment: Market correlation: Shares are also moving with the S&P 500 communications index, so index flows are influencing intraday action. Shares Move With Index
• Negative Sentiment: Cost/margin pressure from 5G and fiber build: Analysts warn heavy capital spending on 5G and fiber, price‑lock promotions and margin pressure could weigh on free cash flow despite revenue strength. Zacks: Spending and Margin Risk
• Negative Sentiment: Customer loss from past price cuts: Management acknowledged earlier price cuts cost customers, a signal that churn/ARPU dynamics require monitoring. USA Today: CEO Admits Price Cuts Cost Customers
• Negative Sentiment: Mixed analyst views: Some firms (e.g., Wells Fargo) maintain neutral/equal‑weight stances and lower implied upside — keep an eye on consensus revisions. Wells Fargo note

About Verizon Communications

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.