Verizon stock price forecast: Testing the $45.80–$47.10 range as VZ falls 3.40%

Verizon stock price forecast: Testing the $45.80–$47.10 range as VZ falls 3.40%
Verizon slides 3.40% to $46.16 today

Verizon Communications Inc. (VZ) is trading at $46.16, which is below its SMA-20 ($49.92) and SMA-50 ($48.88), but remains above its SMA-200 ($43.49). This reflects significant short- and medium-term selling pressure, though the longer-term trend is still supported by major moving averages, with the Ichimoku Kijun level at $49.40 acting as immediate resistance.

VZ price prediction
24H -0.34%
$46.91
48H -0.23%
$46.96
7D -0.74%
$46.72
1M -1.72%
$46.26
3M -4.48%
$44.96
6M -12.02%
$41.41
12M 7.24%
$50.48
Current price: $ 47.07 -1.0200 2.12%
Closed 06/15
Daily range 47.07 Arrow from to Icon 47.75
Weekly range 44.79 Arrow from to Icon 48.21
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Highlights

  • Verizon announced a $25 billion share buyback program and declared a quarterly dividend of $0.7075 per share for May 2026.
  • Institutional investors including Greenberg Financial Group and Flagship Capital Management increased holdings, as the company emphasizes cost reduction and fiber expansion.
  • Technicals signal strong short-term selling pressure, with VZ expected to consolidate between $45.80 and $47.10 amid bearish momentum.

Share buyback plan and institutional inflows amid persistent selling

Verizon authorized a share repurchase program of up to $25 billion and declared a quarterly dividend of $0.7075 per share payable on May 1, 2026, with an ex-dividend and record date of April 10, 2026. Recent institutional activity included new fourth quarter stakes, as Greenberg Financial Group and Flagship Capital Management Inc. acquired shares valued at approximately $591,000 and $2,117,000, respectively. CEO Dan Schulman continued to focus strategically on streamlining operations, expanding fiber reach, and reducing costs, though price action has remained under broader selling pressure.

Bearish momentum confirmed as oscillators signal oversold exhaustion

Technically, daily momentum is negative, with both the MACD and ADX on the daily chart giving neutral to weak signals, reflecting the absence of a strong trend. Oversold signals are present on the RSI (34.96), Stoch RSI (0.00), and CCI (−193.27), pointing to short-term exhaustion in selling, while BBP confirms dominant seller pressure and the Awesome Oscillator aligns with the bearish trend. The stock opened with a downward gap (from $47.78 to $47.09) and continued to move towards session lows under high volatility. There is broad agreement among momentum and oscillator signals without major divergence.

Downside risk prevails given low odds of rebound this week

For the next five days, the expected trading range is $45.80 to $47.10, reflecting typical blue-chip volatility and current price action. The probability of a price increase is low (less than 20%), making further decrease more likely. Baseline scenario: VZ consolidates sideways between $45.80 and $47.10. A break above $47.10 could trigger a move toward resistance near the Kijun level, while a move below $45.80 may result in further downside toward longer-term moving average support.

Anton Kharitonov, expert at Traders Union, sees Verizon under clear technical and sentiment pressure. Despite support above the SMA-200, short-term signals remain bearish and momentum is negative. Institutional participation and the share buyback plan have failed to shift sentiment for now. "As long as Verizon trades below $47.10, I remain cautious and see further downside risk dominating the outlook."

Earlier, analysts noted that Verizon’s technical setup indicated broad bullish momentum despite prior short-term selling pressure. The current environment, however, signals a shift toward sustained short-term weakness, making a decisive move above the $47.10 resistance level critical for any rebound in the near term.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
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