Vodafone Group Plc American Depositary Shares (VOD) Analyst Ratings & Price Targets

Vodafone Group Plc American Depositary Shares

VOD · Nasdaq

Analyst Consensus

Hold

8 analysts

$17

Current

—

Low

$12

Average

—

High

Average target implies -32.99% versus the current price.

Analyst Ratings Synthesis

Consensus is Underperform across eight analysts, with a mean target of $11.58; the supplied consensus gives no low or high, so target clustering and the full spread cannot be measured. New Street Research and Deutsche Bank are the most bullish in the evidence, with New Street moving to Buy and Deutsche retaining Buy despite trimming its target. BofA is least bullish after analyst David Wright downgraded Vodafone to Underperform and assigned $13.13. The supplied evidence shows no rating or target revision during the week of August 3-4; its latest dated action is July 12. The substantive split is whether improved risk-reward justifies a Buy or whether bearish targets dominate.

Rating Actions

2 firms captured

Firm	Analyst	Rating	Price Target	Upside	Date	Source
New Street Research	—	Buy Upgrade from Neutral to Buy	—	—	Jul 12, 2026	Open the report this row came from
Deutsche Bank	—	Buy Trimmed price target	—	—	Jul 12, 2026	Open the report this row came from

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

VOD Surges As Vodafone ADRs Jump On Analyst UpgradesTimothy Sykes · Jul 12, 2026
Bullish

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

BARCLAYS CAPITA

BERENBERG BANK

CITIGROUP

EDWARD JONES

EXANE BNP PARIB

GOLDMAN SACHS

JP MORGAN SECUR

Symbol: VOD
Type: Stock
Sector: Telecommunications
Industry: Radiotelephone Communications
Exchange: Nasdaq

Vodafone is a leading European and African telecoms company. We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world's internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with 215 million IoT connections globally, and we provide financial services to around 92 million customers across seven African countries - managing more transactions than any other provider. From the seabed to the stars, Vodafone's purpose is to keep everyone connected.

Key Issues

Bullish view

New Street Research upgraded Vodafone to Buy from Neutral, while Deutsche Bank retained Buy, indicating that some analysts see improving risk-reward and potential for sentiment to recover.

Bearish view

The stated consensus remains Underperform across eight analysts, and BofA downgraded Vodafone to Underperform, leaving the recent bullish actions in the minority.