Forecast Of The Day: Verizon’s Postpaid Retail Subscribers

+18.40%
Upside
38.89
Market
46.04
Trefis
VZ: Verizon logo
VZ
Verizon

What?

Verizon (NYSE:VZ) Postpaid Retail Subscriber base has risen from around 116 million in 2019 to about 117 million in 2020. We expect this metric to rise to 122 million in 2021 and 125 million in 2022.

Why?

Relevant Articles
  1. Where Is Verizon Stock Headed Post A Tough Q2?
  2. Will Verizon Stock Trend Higher Following Its Q2 Earnings?
  3. How Are 5G Technology Stocks Faring?
  4. What’s Happening With Verizon Stock?
  5. Verizon Posts A Tough Q1. What Next?
  6. Will Verizon’s Q1 Results Boost Its Undervalued Stock?

We expect the growth to be driven by Verizon’s strong network quality and its big 5G push.

So What?

We don’t think the projected growth is priced into Verizon stock yet. We value Verizon at about $60 per share, about 20% ahead of the current market price.

See Our Complete Analysis For Verizon

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios

 See all Trefis Price Estimates