Vodafone (VOD) Stock Jumps 3% After Rare Goldman Double-Upgrade

TLDR

• Goldman Sachs upgraded Vodafone from Sell to Buy, raising its price target to 155 pence from 85 pence
• VOD stock opened at $16.90, near its 52-week high of $17.15, up around 2% on the news
• Goldman models a 14% sector free cash flow CAGR for 2026-30, the highest among defensive sector peers
• Three Seasons Wealth LLC grew its Vodafone stake by 972% in Q2, acquiring 150,231 additional shares
• Analyst consensus remains “Hold” with an average price target of $10.57, reflecting mixed sentiment

Vodafone (VOD) stock climbed after Goldman Sachs delivered a rare double-upgrade, lifting the telecom giant from Sell straight to Buy. The stock opened at $16.90 on Friday, close to its 52-week high of $17.15, and gained around 2% on the day.

Vodafone Group Public Limited Company, VOD

The upgrade came as part of a broad reassessment of the European telecoms sector by Goldman analysts led by Andrew Lee. The bank’s new outlook is built around accelerating free cash flow and rising shareholder returns across the industry.

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