Verizon Earnings Boost Buy Rating Amid Strong Financial Performance

Verizon's strong financial performance and strategic management have earned a Buy rating from TD Cowen analyst Gregory Williams. The company reported better-than-expected Q2 2025 results, with improved EBITDA and free cash flow. Verizon has effectively managed costs and pricing, maintaining solid margins. Despite challenges in subscriber growth, Williams remains optimistic about the company's financial strategies and market positioning. Citi also reiterated a Buy rating with a $48.00 price target.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) has reported robust financial performance for the second quarter of 2025, with improved earnings and cash flow, according to its recent earnings release [1]. The company's strong results have earned it a Buy rating from TD Cowen analyst Gregory Williams, who remains optimistic about Verizon's financial strategies and market positioning [2].

Verizon's Q2 2025 highlights include:
- Revenue Growth: Total operating revenue reached $34.5 billion, up 5.2% year-over-year.
- Profitability: Adjusted EBITDA increased to $12.8 billion, while adjusted EPS rose to $1.22, compared to $1.15 in the same period last year.
- Free Cash Flow: Free cash flow for the first half of 2025 was $8.8 billion, up from $8.5 billion in the first half of 2024.
- Wireless Service Revenue: Wireless service revenue reached $20.9 billion, up 2.2% year-over-year.
- Broadband Growth: Total broadband connections grew to more than 12.9 million, representing a 12.2% increase year-over-year.

Verizon's strategic management and effective cost and pricing strategies have enabled it to maintain solid margins despite challenges in subscriber growth. The company's diversified wireless and broadband portfolio, tailored to all market segments, continues to drive financial success.

Both TD Cowen and Citi have reiterated their Buy ratings for Verizon, with Citi setting a $48.00 price target [3]. The analyst ratings reflect confidence in Verizon's ability to continue its momentum and achieve its financial targets.

References:
[1] Verizon Communications Inc. (NYSE, Nasdaq: VZ). (2025). Verizon raises financial guidance for adjusted EBITDA, adjusted EPS, and free cash flow. Retrieved from https://www.verizon.com/about/news/verizon-raises-financial-guidance-adjusted-ebitda-adjusted-eps-and-free-cash-flow
[2] TD Cowen. (2025). Verizon Communications Inc. (VZ) - Buy. Retrieved from https://www.tdcowen.com/research/verizon-communications-inc-vz-buy
[3] Citi. (2025). Verizon Communications Inc. (VZ) - Buy. Retrieved from https://www.citigroup.com/research/verizon-communications-inc-vz-buy