Vodafone Group PLC (NASDAQ: VOD) is a British multinational telecommunications company headquartered in London. Listed on the NASDAQ under the ticker VOD, Vodafone serves millions of customers globally with voice, messaging, and data services.
Key Takeaways:
- Vodafone’s stock price is projected to experience steady growth over the coming decades.
- We anticipate significant value appreciation, with the stock potentially reaching $800 by 2050.
- Our analysis includes yearly price forecasts and growth percentages.
- Factors such as technological advancements and market expansion will likely influence Vodafone’s stock performance.
Overview of Vodafone Group PLC
Vodafone Group PLC has a rich history dating back to its founding in 1984. Originally established as a subsidiary of Racal Electronics, Vodafone has grown to become one of the world’s leading telecommunications companies. With operations spanning across Europe, Africa, and Asia, Vodafone has consistently demonstrated its ability to adapt to changing market conditions and technological advancements.
Vodafone Group PLC Company Profile
| Country | United Kingdom |
| Ticker Symbol | VOD |
| Exchange | NASDAQ |
| Founded | 1984 |
| IPO Date | 1988 |
| Industry | Telecommunications |
| Sector | Communication Services |
| Employees | 93,000 |
| CEO | Margherita Della Valle |
| Market Cap (July 26, 2024) | $25.17 billion |
| Website | vodafone |
Vodafone Group PLC (VOD) Balance Sheet Analysis
Vodafone Group PLC (NASDAQ: VOD) reported its 2024 balance sheet, showing total assets of $144.35 billion, down from $155.52 billion in 2023. Total liabilities decreased to $83.35 billion, while total equity stood at $61.00 billion.
The company’s debt position improved, with total debt reduced to $54.36 billion. Net tangible assets saw a significant increase to $21.11 billion, strengthening Vodafone’s tangible asset position.
Working capital turned positive at $9.36 billion, a substantial improvement from the previous year’s negative figure. The company’s total capitalization decreased slightly to $100.88 billion.
Vodafone’s share structure remained relatively stable, with 28.82 billion shares issued and 27.08 billion ordinary shares outstanding. These figures reflect the company’s efforts to streamline its balance sheet and improve its financial position.
Balance Sheet Data Source: finance.yahoo
Vodafone Group PLC Stock Price History
Vodafone Group PLC (NASDAQ: VOD) had its IPO in the year 1988. Vodafone (VOD) has split its stock four times: 3:1 in 1994, 5:1 in 1999, 7:8 in 2006, and 4905:5000 in 2014. One pre-1994 share now equals 12.875625 shares, reflecting the cumulative effect of these splits.1
As of August 26, 2024, the stock price stands at $9.67.
VOD Stock Price Forecast 2024
For the remainder of 2024, we anticipate Vodafone’s stock to show modest growth. Our analysis suggests a potential increase to an average price of $10.42 by year-end, representing a 10% growth from the July 26 price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $7.90 | $10.42 | $12.50 |
In 2024, Vodafone is expected to focus on expanding its 5G network infrastructure across key markets. This strategic investment could potentially boost subscriber growth and improve network quality, leading to increased customer satisfaction and retention rates. The company’s efforts in digital transformation may also start showing tangible results, positively impacting operational efficiency and cost management.
VOD Stock Price Forecast 2025
In 2025, we expect Vodafone to continue its upward trend. Our forecast indicates an average price of $11.88, reflecting a 14% increase from the 2024 average.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $11.29 | $11.88 | $14.26 |
The year 2025 could see Vodafone leveraging its enhanced 5G capabilities to offer innovative services in the Internet of Things (IoT) sector. The company might introduce new smart home and smart city solutions, tapping into the growing demand for connected devices. Additionally, Vodafone’s focus on green technology and sustainable practices may resonate well with environmentally conscious investors, potentially driving stock value.
VOD Stock Price Forecast 2026
For 2026, our analysis suggests further growth for Vodafone’s stock. We project an average price of $13.43, representing a 13% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $12.76 | $13.43 | $16.12 |
In 2026, Vodafone might strengthen its position in emerging markets, particularly in Africa and Asia. The company could focus on expanding its mobile financial services, capitalizing on the increasing smartphone penetration in these regions. This strategy may open up new revenue streams and contribute to the company’s overall growth, potentially reflecting positively on the stock price.
VOD Stock Price Forecast 2027
In 2027, we anticipate Vodafone’s stock to maintain its growth momentum. Our forecast points to an average price of $15.18, indicating a 13% rise from 2026.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $14.42 | $15.18 | $18.22 |
The year 2027 could see Vodafone making significant strides in the development of 6G technology. While commercial deployment might still be years away, the company’s early investments and research in this area could position it as a future leader. This forward-thinking approach may appeal to tech-savvy investors and potentially drive stock value upwards.
VOD Stock Price Forecast 2028
For 2028, our analysis projects continued appreciation of Vodafone’s stock value. We expect an average price of $17.15, showcasing a 13% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $16.29 | $17.15 | $20.58 |
In 2028, Vodafone might focus on enhancing its enterprise solutions, particularly in cloud services and cybersecurity. As businesses increasingly rely on digital infrastructure, Vodafone’s offerings in these areas could see significant demand. The company’s ability to provide comprehensive, secure communication solutions for businesses may contribute to its revenue growth and stock performance.
VOD Stock Price Forecast 2029
In 2029, we foresee Vodafone’s stock maintaining its upward trend. Our forecast suggests an average price of $19.39, representing a 13% growth from 2028.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $18.42 | $19.39 | $23.27 |
The year 2029 could see Vodafone making strategic acquisitions or partnerships in the tech sector. These moves might be aimed at strengthening its position in areas like artificial intelligence, augmented reality, or quantum computing. Such strategic expansions could diversify Vodafone’s revenue sources and potentially boost investor confidence in the company’s long-term prospects.
VOD Stock Price Forecast 2030
As we enter the new decade, our analysis indicates strong growth potential for Vodafone’s stock. We project an average price of $21.91 for 2030, reflecting a 13% increase from the previous year. This growth trend is similar to what we’ve observed in our TKO share price outlook, although the specific factors driving growth may differ.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $20.81 | $21.91 | $26.29 |
In 2030, Vodafone might be at the forefront of integrating advanced AI and machine learning into its network management and customer service operations. This could lead to significant improvements in network efficiency and customer experience. The company’s ability to leverage these technologies effectively may set it apart from competitors and potentially drive stock value upwards.
VOD Stock Price Forecast 2031
In 2031, we expect Vodafone’s stock to continue its ascent. Our forecast points to an average price of $24.76, showing a 13% rise from 2030.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $23.52 | $24.76 | $29.71 |
The year 2031 could see Vodafone playing a crucial role in the development of smart cities. The company’s expertise in IoT and 5G (possibly 6G by this time) might be leveraged to create comprehensive urban connectivity solutions. This could open up new revenue streams and solidify Vodafone’s position as a key player in future urban development, potentially reflecting positively on its stock performance.
VOD Stock Price Forecast 2032
For 2032, our analysis suggests further appreciation of Vodafone’s stock value. We anticipate an average price of $28.22, representing a 14% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $26.81 | $28.22 | $33.86 |
In 2032, Vodafone might focus on expanding its satellite internet services, potentially competing with major players in the space internet sector. This move could allow the company to provide global internet coverage, including in remote and underserved areas. Such an expansion might open up new markets and revenue opportunities, potentially driving investor interest and stock value.
VOD Stock Price Forecast 2033
In 2033, we foresee Vodafone’s stock maintaining its growth momentum. Our forecast indicates an average price of $32.17, showcasing a 14% growth from 2032.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $30.56 | $32.17 | $38.60 |
The year 2033 could see Vodafone making significant strides in quantum encryption technology. As cybersecurity becomes increasingly critical, Vodafone’s investments in this area might position it as a leader in secure communications. This could be particularly attractive to enterprise clients and governments, potentially boosting the company’s revenue and stock performance.
VOD Stock Price Forecast 2034
As we move further into the future, our analysis projects continued strong performance for Vodafone’s stock. We expect an average price of $36.67 for 2034, reflecting a 14% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $34.84 | $36.67 | $44.00 |
In 2034, Vodafone might be at the forefront of integrating brain-computer interfaces with mobile technology. While still in early stages, this could open up revolutionary new ways of interacting with devices and the internet. Vodafone’s involvement in this cutting-edge field could generate significant buzz among investors and tech enthusiasts, potentially driving stock value upwards.
VOD Stock Price Forecast 2035
The year 2035 could see Vodafone playing a crucial role in the integration of autonomous vehicles with smart city infrastructure. The company’s expertise in network technologies might be leveraged to create seamless communication systems for self-driving cars. This could position Vodafone as a key player in the future of transportation, potentially attracting investors interested in this growing sector. Such technological advancements and their impact on stock performance are also explored in our VIV stock forecast.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $39.71 | $41.80 | $50.16 |
The year 2035 could see Vodafone playing a crucial role in the integration of autonomous vehicles with smart city infrastructure. The company’s expertise in network technologies might be leveraged to create seamless communication systems for self-driving cars. This could position Vodafone as a key player in the future of transportation, potentially attracting investors interested in this growing sector.
VOD Stock Price Forecast 2036
For 2036, our analysis indicates continued appreciation of Vodafone’s stock value. We project an average price of $47.65, showcasing a 14% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $45.27 | $47.65 | $57.18 |
In 2036, Vodafone might be pioneering the use of holographic communication technology. This could revolutionize both personal and business communications, offering immersive, 3D interactions over long distances. Vodafone’s early adoption and development of this technology could set it apart from competitors and potentially drive significant investor interest and stock value growth.
VOD Stock Price Forecast 2037
In 2037, we expect Vodafone’s stock to maintain its growth momentum. Our forecast points to an average price of $54.32, reflecting a 14% growth from 2036.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $51.60 | $54.32 | $65.18 |
The year 2037 could see Vodafone making significant advancements in space-based communications. The company might be involved in developing communication systems for moon bases or Mars missions, opening up entirely new frontiers for telecommunications. This cutting-edge work could generate excitement among investors and potentially contribute to stock price appreciation.
VOD Stock Price Forecast 2038
As we approach the end of the 2030s, our analysis projects strong performance for Vodafone’s stock. We anticipate an average price of $61.92 for 2038, representing a 14% increase from the previous year.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $58.82 | $61.92 | $74.30 |
In 2038, Vodafone might be at the forefront of developing quantum internet technologies. This could offer unprecedented levels of security and speed in data transmission. Vodafone’s leadership in this revolutionary field could significantly enhance its competitive position and potentially drive substantial growth in stock value.
VOD Stock Price Forecast 2039
In 2039, we foresee Vodafone’s stock continuing its upward trend. Our forecast suggests an average price of $70.59, showing a 14% rise from 2038.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $67.06 | $70.59 | $84.71 |
The year 2039 could see Vodafone pioneering in the field of neuro-digital interfaces, potentially allowing direct brain-to-internet connections. While still in early stages, Vodafone’s involvement in this groundbreaking technology could position it as a leader in the next generation of human-computer interaction. This could generate significant investor interest and potentially drive stock value upwards.
VOD Stock Price Forecast 2040
For 2040, our analysis indicates further appreciation of Vodafone’s stock value. We expect an average price of $80.47, reflecting a 14% increase from the previous year. This long-term growth projection aligns with trends we’ve observed in our Orange stock prediction, highlighting the potential for sustained growth in the telecommunications sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $76.45 | $80.47 | $96.56 |
In 2040, Vodafone might be deeply involved in developing communication systems for off-world colonies, such as those on Mars or the Moon. The company’s expertise in creating robust, long-distance communication networks could be crucial for these endeavors. This involvement in space exploration and colonization efforts could significantly boost Vodafone’s profile and potentially its stock value.
VOD Stock Price Forecast 2050
Looking ahead to 2050, our long-term projection for Vodafone’s stock remains highly optimistic. We anticipate the stock to reach an average price of $800.00, representing substantial growth over the decades.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $760.00 | $800.00 | $960.00 |
By 2050, Vodafone could be at the forefront of developing and implementing technologies that we can barely imagine today. From advanced AI-driven networks to quantum communication systems spanning the solar system, Vodafone’s potential role in shaping the future of global and interplanetary communication could be significant. This visionary position in the tech and telecom landscape could drive substantial long-term growth in the company’s stock value.
Conclusion
Our comprehensive analysis of Vodafone Group PLC (NASDAQ: VOD) stock price forecast from 2024 to 2050 paints a picture of substantial long-term growth. We project the stock to reach an impressive $800 by 2050, representing a remarkable increase over the years.
This forecast is based on various factors, including Vodafone’s strong market position, potential for technological innovation, and expansion opportunities in emerging markets. The projected Compound Annual Growth Rate (CAGR) of 18.32% underscores the significant value appreciation we anticipate for Vodafone’s stock.
FAQs
1. What is the future of VOD share price?
Based on the forecast provided, Vodafone (VOD) stock price is expected to show steady growth over the coming decades. The analysis projects a consistent year-over-year increase, with the average price rising from $10.42 in 2024 to $80.47 by 2040. This represents a compound annual growth rate of approximately 13-14% over this period. The long-term outlook appears even more optimistic, with a projected average price of $800.00 by 2050.
2. What is the VOD share prediction for 2030?
According to the forecast, the VOD share price prediction for 2030 is as follows:
- Low Price: $20.81
- Average Price: $21.91
- High Price: $26.29
This represents a significant increase from the 2024 projected price, suggesting strong growth potential over the next six years.
3. What is the VOD 10 year outlook?
The 10-year outlook for VOD (from 2024 to 2034) appears positive. The forecast predicts steady growth, with the average stock price increasing from $10.42 in 2024 to $36.67 in 2034. This represents a potential increase of over 250% over the decade. The company is expected to focus on expanding its 5G network, investing in IoT technologies, and potentially exploring new areas such as 6G technology, AI integration, and advanced cybersecurity solutions.
4. Is VOD a buy, hold, or sell?
We would consider Vodafone (VOD) as a potential “Hold” or “Buy” for long-term investors. The company is expected to invest in and leverage emerging technologies such as 5G, IoT, AI, and potentially 6G in the future. These investments could position Vodafone as a leader in the telecom industry and drive future growth. Vodafone is projected to expand into areas like cloud services, cybersecurity, and enterprise solutions, which could provide additional sources of revenue and growth.
5. Who are the major competitors of VOD?
The major competitors of Vodafone Group PLC (NASDAQ: VOD) include:
- AT&T Inc. (T) – A leading U.S. telecommunications company offering mobile, fixed-line, broadband, and pay-TV services.
- Verizon Communications Inc. (VZ) – Provides a broad range of telecommunications services including mobile, broadband, and TV services, with a strong global presence.
- T-Mobile US, Inc. (TMUS) – A major U.S. mobile telecommunications provider offering wireless voice, messaging, and data services.
- Charter Communications, Inc. (CHTR) – Known for its cable and broadband services under the Spectrum brand, competing in the fixed-line communications sector.
- Comcast Corporation (CMCSA) – Provides broadband, cable television, and telephony services, competing in both fixed-line and mobile communications.
- Frontier Communications Parent, Inc. (FYBR) – Offers broadband, voice, and video services, focusing on rural and suburban markets.
- Lumen Technologies, Inc. (LUMN) – Provides telecommunications and data services, including broadband and cloud solutions.
- Deutsche Telekom AG – A major global telecom provider based in Germany, operating under the T-Mobile brand in several countries and offering a wide range of telecom services.
- Orange S.A. – A French multinational offering mobile, internet, and TV services across Europe, Africa, and the Middle East.
- Telefónica S.A. – A Spanish telecommunications giant with global operations, providing services under brands such as Movistar, O2, and Vivo.
These companies are major competitors in the telecommunications and broadband markets, though their specific services and market focus may vary.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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