Verizon Communications (NYSE:VZ) Given New $56.00 Price Target at TD Cowen

Verizon Communications (NYSE:VZ) had its price objective lifted by stock analysts at TD Cowen from $54.00 to $56.00 in a report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the cell phone carrier’s stock. TD Cowen’s price objective suggests a potential upside of 18.40% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada lifted their target price on Verizon Communications from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Monday. Morgan Stanley increased their price target on Verizon Communications from $50.00 to $52.00 and gave the company an “equal weight” rating in a report on Monday. Freedom Capital raised shares of Verizon Communications to a “hold” rating in a research note on Friday, June 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Verizon Communications in a research report on Friday, May 29th. Finally, Scotiabank increased their target price on shares of Verizon Communications from $51.50 to $52.50 and gave the company a “sector outperform” rating in a research note on Monday. Nine analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $50.97.

Verizon Communications Price Performance

Shares of NYSE VZ traded up $0.92 during mid-day trading on Monday, hitting $47.30. 13,393,092 shares of the company’s stock traded hands, compared to its average volume of 29,090,635. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.60 and a quick ratio of 0.57. Verizon Communications has a 1 year low of $38.39 and a 1 year high of $51.68. The company’s 50-day moving average is $45.39 and its two-hundred day moving average is $46.24. The company has a market capitalization of $197.49 billion, a P/E ratio of 12.32, a PEG ratio of 1.13 and a beta of 0.26.

Verizon Communications (NYSE:VZ) last released its quarterly earnings results on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, topping the consensus estimate of $1.27 by $0.03. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The company had revenue of $34.25 billion during the quarter, compared to analyst estimates of $35.16 billion. During the same quarter last year, the business posted $1.22 earnings per share. The firm’s revenue was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, equities analysts anticipate that Verizon Communications will post 5 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Econ Financial Services Corp lifted its position in shares of Verizon Communications by 23.5% during the fourth quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock valued at $3,184,000 after buying an additional 14,862 shares during the last quarter. USS Investment Management Ltd raised its stake in shares of Verizon Communications by 4.6% during the 1st quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier’s stock worth $35,790,000 after acquiring an additional 31,354 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of Verizon Communications by 41.0% during the 4th quarter. Teacher Retirement System of Texas now owns 2,197,366 shares of the cell phone carrier’s stock worth $89,499,000 after acquiring an additional 639,380 shares in the last quarter. Clarity Financial LLC lifted its position in Verizon Communications by 697.0% during the fourth quarter. Clarity Financial LLC now owns 471,127 shares of the cell phone carrier’s stock valued at $19,189,000 after acquiring an additional 412,018 shares during the last quarter. Finally, Cibc World Market Inc. boosted its stake in Verizon Communications by 15.3% in the fourth quarter. Cibc World Market Inc. now owns 2,382,975 shares of the cell phone carrier’s stock valued at $97,059,000 after acquiring an additional 316,854 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Verizon raised its 2026 outlook after reporting lower customer churn, reduced device-subsidy costs, broadband growth and AI-related fiber deals. Management indicated these trends could support faster earnings and cash-flow growth. VZ Q2 Earnings Call Signals Faster Growth From Churn Gains
• Positive Sentiment: Second-quarter adjusted earnings per share beat analysts’ expectations, and the company’s improved guidance reinforced the view that cost controls and operational improvements are offsetting some industry pressure. Verizon Communications Inc. Q2 2026 Earnings Call Summary
• Positive Sentiment: Scotiabank raised its price target to $52.50 and maintained a “sector outperform” rating, suggesting meaningful potential upside based on Verizon’s improving churn and growth initiatives. Scotiabank Verizon Price Target
• Positive Sentiment: Verizon continues to attract attention from income-oriented investors because of its substantial dividend and defensive telecommunications business model. Dividend Stocks Retirees Are Using to Replace a Paycheck
• Neutral Sentiment: Royal Bank of Canada, Wells Fargo and Barclays each raised their price targets, but all retained neutral “sector perform” or “equal weight” ratings. Their revised targets remain around the current trading range, limiting the overall bullish signal. Analyst Price Target Revisions
• Negative Sentiment: One analysis argued that Verizon’s structural challenges persist: quarterly revenue declined, competition is intensifying from satellite providers such as Starlink, and the company carries substantial debt while maintaining large dividend and buyback commitments. These concerns could constrain long-term growth and financial flexibility. Verizon: Structural Problems Persist

Verizon Communications Company Profile

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.