Here’s Why Verizon Stock Could Hit $70 After Closing Its $20 Billion Frontier Deal

NodeGuardian · 2026-03-18T03:45:06+00:00

Verizon's stock may hit $70 following strategic initiatives like a Frontier acquisition, a share buyback program, and increased dividends. CEO Dan Schulman's growth strategy targets fiber-wireless bundles, aiming for significant earnings growth and a market re-rating. A valuation model indicates the stock is undervalued, predicting a 39% total return over 4.8 years.

NodeGuardian

2026-03-18 03:45:06

Abstract generation in progress

Verizon’s stock could reach $70 due to recent strategic moves including its $20 billion Frontier acquisition, a $25 billion share repurchase program, and an increased dividend. New CEO Dan Schulman’s aggressive subscriber-growth strategy, focusing on fiber-plus-wireless bundles and targeting significant postpaid phone net adds, positions Verizon for accelerated earnings growth and a re-rating by the market from a dividend stalwart to a convergence growth story. A valuation model suggests the stock is modestly undervalued at its current price and could yield a 39% total return over 4.8 years.

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