In the last 12 months, the Vodafone (LSE:VOD) share price has climbed 35%, comfortably beating the FTSE 100's already impressive 17.2% gain over the same period. It's a remarkable turnaround for a stock that spent years grinding lower, but it raises an obvious question. What the forecasts are sayingThe honest answer is that the analyst community is more divided on Vodafone shares than most. At one end of the spectrum, the most optimistic projections have price targets as high as 150p, which on a £5,000 investment would return around £6,778 by July 2027. Looking at the average consensus, Vodafone shares are predicted to land close to 111p, which is essentially where the telecoms stock is trading today.