With an annual dividend yield of 3.93%, Vodafone Group Public Limited Company (NASDAQ:VOD) is included among the 12 Best NASDAQ Stocks to Buy for Dividends.
Vodafone Group Public Limited Company is a leading technology communications company in Europe and Africa, keeping society connected and building a digital future.
On June 15, Deutsche Bank lowered its price target on Vodafone Group Public Limited Company from £155 to £150, but kept its ‘Buy’ rating on the shares. The revised price objective still implies an upside of over 42% from the current levels.
Similarly, earlier on June 11, Barclays analyst Maurice Patrick also trimmed the firm’s price target on Vodafone Group Public Limited Company from £120 to £110, in addition to downgrading the stock from ‘Overweight’ to ‘Equal Weight’.
According to the analyst firm, while much of the European telecom sector is benefiting from a recovery in revenue and EBITDA growth, Vodafone continues to struggle in its important German market, where competition remains high.
Vodafone reported core earnings of €11.4 billion ($13.4 billion) in its FY 2026 report last month, up 4.5% YoY on an organic basis, supported by service revenue growth across markets. That said, the company witnessed a decline in both service revenue and adjusted EBITDA in Germany, its biggest market.
Vodafone is targeting core earnings of €11.9 billion to €12.2 billion for the current year.
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