Here’s Why Wall Street is Bullish on Verizon Communications (VZ)

Verizon Communications Inc. (NYSE:VZ) is one of the Most Undervalued S&P 500 Stocks to Buy Right Now. Wall Street is bullish on the communication sector, anticipating 2026 to be a pivotal year for it. Verizon Communications Inc. (NYSE:VZ) remains under the spotlight with its par-expectation results in Q2 2025.

The company topped Wall Street estimates for both EPS and revenue, with the EPS of $1.22 coming in ahead of the consensus by $0.03 and the revenue beating expectation by a margin of $793.45 million.

Following the update, several analysts have expressed their bullish sentiment towards the stock. Earlier, on August 11, Gregory Williams of TD Cowen maintained a Buy rating on Verizon Communications Inc. (NYSE:VZ) with a price target of $56. The analyst expressed his confidence in the company’s ability to meet its updated EBITDA growth targets of 2.5% to 3.5%. Williams noted that this growth would be supported by the company’s solid service revenue and its cost-saving efforts.

More recently, on September 2, Goldman Sachs assumed coverage of the stock with a price target of $49. The firm noted 2026 to be a pivotal year for the communication services sector, which has been faced with high competition for connectivity customers. The firm believes investments in network modernization, spectrum, and brand would be the key differentiating factors for companies that realize the most attractive financial gains.

Verizon Communications Inc. (NYSE:VZ) provides communication and technology services. It offers wireless and wireline services, including 5G and 4G broadband.

While we acknowledge the potential of VZ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VZ and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.