Verizon (VZ) Stock’s Wild Ride: New CEO & $20B Deal – Analysts Are Buzzing
Verizon shares fell to about $40 by Oct. 13, 2025, down from $43.70 after Dan Schulman was named CEO, triggering a 3% drop on Oct. 6. The company raised its dividend to $0.69 and reported Q2 revenue of $34.5 billion. Verizon agreed to acquire Starry and awaits FCC approval for its $20 billion Frontier deal. Analysts remain cautiously positive, with a median price target near $48.