Verizon Probability of Bankruptcy | Verizon Communications Inc (VZ) (2024)

The Probability of Bankruptcy of Verizon Communications Inc (VZ) is 18.75% . This number represents the probability that Verizon will face financial distress in the next 24 months given its current fundamentals and market conditions.

Multiple factors are taken into account when calculating Verizon's probability of bankruptcy : Altman Z-score, Beneish M-score, financial position, macro environments, academic research about distress risk and more.

Verizon Probability of Bankruptcy | Verizon Communications Inc (VZ) (2024)

FAQs

Will Verizon go under? ›

The Probability of Bankruptcy of Verizon Communications Inc (VZ) is 17.1% . This number represents the probability that Verizon will face financial distress in the next 24 months given its current fundamentals and market conditions.

Is VZ a good buy now? ›

Verizon has 12.48% upside potential, based on the analysts' average price target. Is VZ a Buy, Sell or Hold? Verizon has a consensus rating of Moderate Buy which is based on 6 buy ratings, 7 hold ratings and 0 sell ratings.

What is the Altman Z score for Verizon? ›

Verizon Communications (Verizon Communications) Altman Z-Score : 1.17 (As of May. 31, 2024)

Is Verizon in debt? ›

Total debt on the balance sheet as of March 2024 : $175.63 B

According to Verizon's latest financial reports the company's total debt is $175.63 B. A company's total debt is the sum of all current and non-current debts.

Is Verizon losing customers in 2024? ›

Verizon reported its first quarter 2024 results yesterday, improving its customer losses compared to the same period last year, increasing wireless service revenues and for the first time, breaking out revenue details for its Fixed Wireless Access Service.

Is Verizon losing a lot of customers? ›

The customer exodus in Verizon's consumer division took off at the beginning of 2022, when it lost 292,000 such customers. But some analysts see an end in sight. Verizon has been steadily losing customers in its consumer business since the beginning of last year.

Will VZ bounce back? ›

Revenue Could Surge

I believe Verizon's revenue is about to head higher. In Q1 2024, Verizon's total wireless service revenue grew 3.2% year-over-year, supported by a strong competitive position.

What is the future outlook for Verizon? ›

Verizon Stock Price Forecast 2024-2025

The forecasted Verizon price at the end of 2024 is $44.19 - and the year to year change +17%. The rise from today to year-end: +9%. In the middle of 2024, we expect to see $41.44.

Is Verizon a stable company? ›

Verizon's telecom properties generate highly predictable and stable earnings before interest, taxes, depreciation, and amortization (EBITDA) and free cash flow. The company's revenue remained consistent throughout 2023 and the first quarter of 2024, when the company narrowly missed consensus expectations.

Is VZ a value trap? ›

The backtest indicates that VZ could be a value trap. A value trap occurs when a stock looks inexpensive based on fundamental analysis but fails to reach its intrinsic valuation over time, often due to underlying issues not reflected in quantitative data. Scrutinize beyond numbers; assess long-term potential.

Is VZ overvalued? ›

For this estimate we use a Discounted Cash Flow model. Significantly Below Fair Value: VZ is trading below fair value by more than 20%.

What is the intrinsic value of Verizon? ›

As of today (2024-06-15), Verizon Communications's Intrinsic Value: Projected FCF is $35.97. The stock price of Verizon Communications is $39.67. Therefore, Verizon Communications's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

Can Verizon be trusted? ›

NEW YORK - Verizon prides itself on delivering the most reliable, highest performing and most secure network, and for the 32nd consecutive time, customers agree that Verizon is unmatched in wireless network quality.

How is Verizon doing financially? ›

VZ Stock Fundamentals

Analysts had projected Verizon earnings of $1.12 a share on revenue of $33.2 billion for the quarter. Wireless service revenue climbed 3.3% to $19.5 billion versus estimates of $18.67 billion.

What is the Verizon outlook for 2024? ›

Verizon's outlook for the full year remains unchanged and it expects wireless service revenue growth of 2% to 3.5% for 2024 overall. The adjusted EPS forecast remains in the range of $4.50 and $4.70, which is in line with analyst estimates and suggests the company's financial health remains solid.

Where will Verizon be in 5 years? ›

Verizon stock price stood at $39.47

According to the latest long-term forecast, Verizon price will hit $40 by the end of 2024 and then $45 by the end of 2025. Verizon will rise to $50 within the year of 2027, $60 in 2028, $65 in 2029, $75 in 2030, $80 in 2032, $85 in 2033, $90 in 2034 and $95 in 2035.

What network is Verizon shutting down? ›

Verizon is focused on giving customers the best network and technology. For this reason, we will be retiring our 3G network by December 31, 2022. To help transition customers to 4G or 5G we are creating plans that support these devices.

Is AT&T buying Verizon? ›

AT&T and Verizon are separate companies. Neither owns the other. Some stockholders (particularly funds) may own stock in both but that's about it.

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