For 2021, Verizon expects: Service and other revenue growth of at least 2%, including total wireless service revenue growth of at least 3%; Adjusted EPS (non-GAAP) of $5.00 to $5.15;
Adjusted effective income tax rate (non-GAAP) in the range of 23 to 25%; Capital spending to be in the range of 17.5B to 18.5B.
In this 5Y DCF Growth exit model, VZ stock has an upside of at least 8%, excluding the 4.4% dividend yield (12.4% total return, 1 year).