Zacks Rating on Vonage Holdings (VG)

Vonage Holdings (VG) : Zacks Investment Research ranks Vonage Holdings (VG) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.5, which indicates as a Strong Buy.

Vonage Holdings (VG) : Average target price received by Vonage Holdings (VG) is $7.49 with an expected standard deviation of $0.58. The most aggressive target on the stock is $8, whereas the most downbeat target is $7. 7 financial analysts are currently covering the stock.


Shares of Vonage Holdings Corporation rose by 3.71% in the last five trading days and 7.14% for the last 4 weeks. Vonage Holdings Corporation is up 42.03% in the last 3-month period. Year-to-Date the stock performance stands at 7.14%. Vonage Holdings (NYSE:VG): On Tuesdays trading session , Opening price of the stock was $6.14 with an intraday high of $6.19. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6. However, the stock managed to close at $6.15, a loss of 0.49% for the day. On the previous day, the stock had closed at $6.18. The total traded volume of the day was 3,447,307 shares.

Vonage Holdings Corp. is a provider of telecommunications and unified communications-as-a-service (UCaaS) solutions, connecting people through cloud-connected devices around the world. The Company offers a scalable session initiation protocol (SIP)-based Voice over Internet Protocol (VoIP) network. Through this technology, it offers voice and messaging services, and other features around the world on various devices. This platform enables a user via a single identity, either a number or user name, to access and utilize services and features by being connected to the Internet over third generation (3G), Long-Term Evolution (LTE), cable or Digital Subscriber Line (DSL) broadband networks. The Company has operations in the United States, the United Kingdom, Brazil, Israel and Canada. Its brand, BasicTalk, is a home phone service offering unlimited calling throughout the United States. It is focused on providing UCaaS solutions to domestic consumers, and small and medium businesses.

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