VZ Consolidates Near $40 as Dividend Draws Buyers

$Verizon(VZ)$

VZ Gains +1.00%: Telecom Giant Holds $40 Support, Aims for $41-$42 Zone

Latest Close Data

Closed at $40.32 on 2025-12-25, up +1.00% (+$0.40). Price remains ~15% below its 52-week high of $47.35.

Core Market Drivers

The stock's steady climb is supported by its attractive ~6.75% dividend yield, drawing income-seeking investors in a stable rate environment.

Recent trading shows modest net capital inflow, indicating balanced buying interest.

Technical Analysis

Volume was light at 7.95M shares (Volume Ratio 0.55).
The 6-day RSI rose to 49.0, exiting near-oversold territory and suggesting a potential shift in short-term momentum.
MACD remains in negative territory (-0.149), indicating the broader trend is still neutral to slightly bearish.

Key Price Levels

Primary Support: $39.93 (yesterday's identified level).
Immediate Pivot/Resistance: $40.81 (yesterday's resistance).
Strong Resistance: ~$41.50-$42.00 (psychological & recent swing high area).

Valuation Perspective

Forward P/E of 8.51 is below its historical average (~9.02) and the sector, highlighting potential value. TTM P/E is 8.60 with a P/S of 1.24.

Analyst Targets

23 analysts have an average price target of $47.12 (+17% upside). Consensus is "Hold" with 3 Strong Buy, 6 Buy, 15 Hold, and 1 Underperform ratings.

Weekly Outlook

Expect consolidation between $39.90 and $40.80. A decisive close above $40.81 could target the $41.50-$42.00 zone. Failure to hold $39.90 may lead to a retest of $39.50.

Risk Disclaimer

This analysis is for informational purposes only and not financial advice. Past performance does not guarantee future results. Investing involves risk, including potential loss of principal.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Click to access the

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.