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Verizon Q1 Earnings Preview: Bulls Dial In As Technicals Light Up – Verizon Communications (NYSE:VZ)

Verizon Communications Inc. VZ will report its first-quarter earnings on Tuesday before the market opens. Wall Street is expecting earnings per share of $1.15 and revenue of $33.24 billion, per Benzinga Pro data, as the telecom giant rings in its 2025 kickoff quarter.

The stock has increased 14.09% over the past year and has gained 9.52% year to date.

Let’s examine the charts for Verizon stock and how it currently compares to Wall Street estimates.

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Verizon Stock Riding Momentum Ahead Of Q1 Earnings

Chart created using Benzinga Pro

Verizon has been quietly riding the momentum wave. With shares currently trading at $44.04, the stock sits above its five, 20-, and 50-day exponential moving averages – an undeniably bullish trend. The 20-day simple moving average of $41.90 further reinforces the bullish setup.

Even longer-term indicators agree: the 50-day simple moving average is at $41.83, while the 200-day is $43.06, giving bulls reason to stay tuned. Verizon’s Moving Average Convergence Divergence (MACD) at 0.77 and Relative Strength Index (RSI) of 56.12 suggest the stock still has room to run.

Verizon Analysts See 8% Upside

Ratings & Consensus Estimates: The consensus analyst rating on Verizon stock stands at Neutral with a price target of $45.65.

However, the three most recent ratings from Scotiabank, Oppenheimer, and RBC Capital average to a slightly more optimistic price target of $47.83 – pointing to an 8.29% potential upside from current levels.

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Price Action: Verizon stock was trading at $44.75 at the time of publication.

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