Verizon Communications (VZ) has successfully surpassed Q4 earnings and revenue estimates multiple times, impressing Wall Street with significant gains in mobile and broadband subscriptions. Meanwhile, the Q4 earnings also highlighted the company's increased business segment margins and 5G growth. Notably, Verizon has issued an optimistic 2025 guidance, indicating steady advancement. This progress has led to an accumulation of the company's stock by several investment and institutional firms, such as Advocate Group LLC, CX Institutional, Brighton Jones LLC, and Grimes & Company Inc. However, some investment experts, including Jim Cramer, have expressed doubts about investing in Verizon. In response to its latest announcement, some customers have threatened to leave Verizon, causing the stock price to dip slightly. Despite some fluctuations, experts from Deutsche Bank Aktiengesellschaft and Wolfe Research project an appreciation in Verizon's stock price. The release of Verizon AI Connect has raised expectations for next-level business solutions. Despite some misses in earnings estimates and questioned dividend yield, the company’s strong Q4 performance and forward-looking strategies have yielded an overall positive outlook.
Verizon Communications VZ News Analytics from Wed, 13 Nov 2024 08:00:00 GMT to Sat, 25 Jan 2025 15:47:12 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor -2
