Why These 15 Telecom Stocks Are Surging In 2025

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10. Verizon Communications Inc (NYSE:VZ)

Number of Hedge Fund Holders In Q4 2024: 74

Verizon Communications Inc (NYSE:VZ) needs little introduction. It is one of the leading telecom companies in the U.S.

The stock is up significantly so far in 2025 as the company has been recovering from a multi-year decline. The decline was mostly due to interest rate increases, and as rates slowly come down and the company adjusts to the higher interest rate environment, the stock is also rising.

Also, Verizon reaffirmed its financial targets for 2025. It projects wireless service revenue growth of 2.0% to 2.8% and adjusted EBITDA growth of 2% to 3.5%, along with FCF between $17.5 billion and $18.5 billion.

Verizon’s investments in building the most robust 5G network in North America are paying off as it reported strong subscriber growth in its broadband segment, including a record 26% year-over-year increase in total subscribers during late 2024.

The consensus price target of $46.53 implies 6.76% upside.

VZ stock is up 10.87% year-to-date.

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