Verizon’s Q1 Earnings Report Set for Tuesday; Analysts Expect Growth VZ will report its first-quarter earnings on Tuesday before the market opens. Analysts anticipate earnings per share of $1.15 and revenue of $33.24 billion, according to Benzinga Pro data, as Verizon kicks off its 2025 fiscal year.
The Stock has increased 14.09% over the past year, reflecting positive market sentiment, and is up 9.52% year-to-date.
Let’s analyze Verizon Stock and its current performance against Wall Street estimates.
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Verizon Stock Shows Strong Momentum Ahead Of Q1 Earnings
Chart created using Benzinga Pro
Verizon has experienced solid momentum, with shares currently trading at $44.04. The stock is above its five, 20-, and 50-day exponential moving averages, indicating a bullish trend. The 20-day simple moving average of $41.90 further reinforces this positive outlook.
Additional long-term indicators support this trend, with the 50-day simple moving average at $41.83 and the 200-day at $43.06. This data gives investors reason to feel optimistic. Moreover, Verizon’s Moving Average Convergence Divergence (MACD) is at 0.77 and the Relative Strength Index (RSI) stands at 56.12, suggesting the Stock could have further upside potential.
Analysts Project an 8% Upside for Verizon
Ratings & Consensus Estimates: The consensus rating for Verizon Stock is currently Neutral, with an average price target of $45.65.
Recent ratings from Scotiabank, Oppenheimer, and RBC Capital indicate a slightly more favorable outlook, giving an average price target of $47.83. This points to an 8.29% upside from current stock levels.
Price Action: At the time of publication, Verizon Stock was trading at $44.75.
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