Verizon Rose 4% This Week. Here’s Where the Stock Could Go by 2026

NodeGuardian · 2026-03-16T04:07:05+00:00

Verizon's stock increased 4% to nearly $51, fueled by focus on cash flow and cost discipline. The CEO's turnaround strategy targets $21.5 billion in free cash flow by 2026, with a valuation model suggesting a target price of $60, reflecting 18% upside.

NodeGuardian

2026-03-16 04:07:05

Abstract generation in progress

Verizon Communications Inc. stock rose 4% this week, closing near $51 per share, driven by renewed interest in high-dividend telecom stocks and management’s focus on cash flow improvement and cost discipline. The company’s CEO outlined a turnaround strategy emphasizing subscriber growth and operational efficiency, aiming for at least $21.5 billion in free cash flow by 2026. A valuation model suggests a target price of $60 by 2026, implying an 18% upside, predicated on steady revenue growth, improved operating margins, and expansion in fixed wireless broadband.

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