Verizon Communications Inc. (VZ) Stock Price & Analysis
Verizon Communications Inc. (VZ) closed at USD 45.2 on Thursday, October 22, 2026, up 3.76% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 43.56; the Oct 22, 2026 session ranged USD 43.78–45.29 on volume of 28,635,250 shares. Market capitalization is $187.80B, with a 52-week range of USD 38.39–51.68 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:33 UTC.
Also available as compact Markdown for AI agents: nexqual.com/VZ.md
Key facts (VZ)
- Last four reported quarters (through Jun 30, 2026): revenue $139B, net income $16.2B (11.6% margin) (SEC filings).
- Valuation: P/E 11.6x (avg 11.1x at the last 3 fiscal year-ends), EV/EBITDA 7.4x, net debt $163B.
- 7 of 80 tracked superinvestors hold VZ (13F, Q2 2026): 0 new, 0 added, 3 reduced, 4 unchanged.
- Analysts: Buy (mean 2.44 on a 1–5 scale) (25 analysts), mean target USD 51.24 (range 45–62).
- Total return with dividends: 1Y +25.5% vs S&P 500 +14.9%; 5Y +17.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-26, EPS estimate USD 1.27, revenue estimate $34.9B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (VZ)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $134B | $137B | $134B | $135B | $138B | $139B |
| Operating income | $32.4B | $30.5B | $22.9B | $28.7B | $29.3B | $28.5B |
| Net income | $22.1B | $21.3B | $11.6B | $17.5B | $17.2B | $16.2B |
| EPS (diluted) | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 | — |
| Operating margin | 24.3% | 22.3% | 17.1% | 21.3% | 21.2% | 20.5% |
| Net margin | 16.5% | 15.5% | 8.7% | 13.0% | 12.4% | 11.6% |
| Revenue growth | +4.1% | +2.4% | -2.1% | +0.6% | +2.5% | — |
| Cash + short-term investments | $2.92B | $2.60B | $2.06B | $4.19B | $19.0B | — |
| Total debt | $151B | $151B | $151B | $144B | $158B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (VZ)
P/E 11.6x · P/S 1.4x · EV/EBITDA 7.4x · EV/Sales 2.5x · P/B 1.8x · Earnings yield 8.61% · Dividend yield (paid, TTM) 6.19% · Net debt $163B · EV $351B
P/E at fiscal year-ends: Dec 2025 10.0x, Dec 2024 9.6x, Dec 2023 13.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (VZ)
7 of 80 tracked investors hold VZ. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Hillman Capital | Hillman Capital Management | 1.75% | $2.4M | Reduced -11.9% |
| Bill Miller | Miller Value Partners | 1.68% | $7.1M | Unchanged |
| Mairs & Power | Mairs & Power Funds | 1.28% | $139M | Reduced -0.7% |
| Tweedy Browne | 0.08% | $1.0M | Reduced -0.4% | |
| Kahn Brothers | Kahn Brothers Group | 0.05% | $285K | Unchanged |
| Yacktman Asset Management | 0.01% | $847K | Unchanged | |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $233K | Unchanged |
Analysts (VZ)
Consensus Buy (mean 2.44 on a 1–5 scale), 25 analysts; mean target USD 51.24 (low 45, high 62).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Scotiabank | Target lowered | Sector Outperform | $51.5 → $50 |
| 2026-10-02 | Scotiabank | Target lowered | Sector Outperform | $52.5 → $51.5 |
| 2026-07-27 | TD Cowen | Target raised | Buy | $54 → $56 |
| 2026-07-27 | Morgan Stanley | Target raised | Equal-Weight | $50 → $52 |
| 2026-07-27 | RBC Capital | Target raised | Sector Perform | $46 → $47 |
| 2026-07-27 | Scotiabank | Target raised | Sector Outperform | $51.5 → $52.5 |
| 2026-07-27 | Wells Fargo | Target raised | Equal-Weight | $43 → $47 |
| 2026-07-27 | Barclays | Target raised | Equal-Weight | $45 → $46 |
| 2026-07-20 | RBC Capital | Target lowered | Sector Perform | $48 → $46 |
| 2026-07-15 | Scotiabank | Target lowered | Sector Outperform | $54.5 → $51.5 |
| 2026-07-14 | BNP Paribas | Target lowered | Neutral | $46 → $44 |
| 2026-07-08 | Barclays | Target lowered | Equal-Weight | $47 → $45 |
Total return (dividends reinvested) (VZ)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +25.5% | +17.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +25.6% | +3.3% |
| Volatility (annualized) | 26.7% | 23.6% |
| Max drawdown | -17.8% (Sep 2026→Oct 2026) | -37.7% (Feb 2022→Oct 2023) |
VZ revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Consumer | $26.24B | 76.6% | -1.5% |
| Business | $7.16B | 20.9% | +2.6% |
| Total revenue | $34.25B | 100% | — |
VZ revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Service revenues and other | $29.23B | 85.3% | +3.5% |
| Wireless service | $20.80B | 60.7% | -0.5% |
| Wireless equipment | $5.02B | 14.7% | -19.7% |
| Total revenue | $34.25B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
VZ suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Frontier Communications Parent | “We expect broadband revenue to benefit from our expanded fiber footprint and customer base following the closing of the Frontier acquisition, continued growth in our fiber and FWA connections, and an ongoing demand for higher speed internet access.” |
| Competitor | AT&T (T) | “With respect to our wireless connectivity products and services, we compete against other national wireless service providers, including AT&T Inc. and T-Mobile US, Inc., as well as various regional wireless service providers.” |
Quoted from the company's 10-K filed Feb 17, 2026.
Companies that name VZ in their SEC reports
| Relationship to VZ | Company | Filing | Sentence |
|---|---|---|---|
| supplier | COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) | 10-K Oct 14, 2026 | “•Leading telecommunications companies, including AT&T Inc., Bell Mobility, Inc., Comcast Corp., Nokia Corp., Rogers Communications Canada Inc., TELUS Communications Inc., Verizon Communications Inc. and Vodafone Public Limited Co.” |
| supplier | IDT CORP (IDT) | 10-K Sep 29, 2026 | “Many of these companies, including AT&T, Verizon, and T-Mobile, are substantially larger and have greater financial, technical, engineering, personnel, and marketing resources, longer operating histories, greater name recognition, and larger customer bases than we do.” |
| customer | SCANSOURCE, INC. (SCSC) | 10-K Aug 20, 2026 | “We provide products and services from approximately 500 suppliers, including key suppliers AT&T, Avaya, Axis, Cisco, Comcast Business, Dell, Elo, Extreme, Five9, Fortinet, Hanwha, Honeywell, HP Poly, HPE/Aruba, HPE/Juniper, Ingenico, Lumen, Microsoft, NiCE, RingCentral, Ubiquiti, Verifone, Verizon, Zebra Technologies and Zoom.” |
| partner | EXTREME NETWORKS INC (EXTR) | 10-K Aug 17, 2026 | “We have active alliance, OEM and strategic relationships with Barco NV, Ericsson Enterprise AB, Lenovo, Motorola Solutions, Schneider Electric, and Verizon as well as other global industry technology leaders in which our products are qualified to be included into an overall solution or reference architecture.” |
| supplier | LiveOne, Inc. (LVO) | 10-K Jun 29, 2026 | “Our music streaming customers include individual users and OEMs such as Tesla, Verizon, T-Mobile, and, to a lesser extent, advertisers and third-party licensees.” |
| competitor | Anterix Inc. (ATEX) | 10-K Jun 25, 2026 | “Our competitors include spectrum holders, retail wireless network providers, such as Verizon, AT&T, and T-Mobile, private radio operators and other public and private companies, including potential new spectrum entrants who supply spectrum or other communication networks, technologies, products and solutions to our targeted utility and critical infrastructure entities.” |
| competitor | Powerfleet, Inc. (AIOT) | 10-K Jun 15, 2026 | “Our competitors include global and regional providers of connected operations, fleet management, video safety and asset tracking, including, among others, Geotab, Samsara, Karooooo, Motive, Verizon Connect, Trimble and ORBCOMM.” |
| competitor | Karooooo Ltd. (KARO) | 20-F Jun 9, 2026 | “have entered the market in recent years through acquisitions of competing solutions, such as telecommunications provider Verizon acquiring” |
| supplier | EPLUS INC (PLUS) | 10-K May 28, 2026 | “Sales to Verizon Communications Inc. represented 24%, 17%, and 19% of our net sales and 17%, 12%, and 13% of gross billings for the years ended March 31, 2026, 2025, and 2024, respectively.” |
| competitor | QVC Group, Inc. (QVCG) | 10-K Apr 15, 2026 | “We believe our long-term relationships with major U.S. television distributors, including cable operators (e.g., Comcast, Charter Communications and Cox), satellite television providers (e.g., DIRECTV and DISH) and telecommunications companies (e.g., Verizon and AT&T), provide us with broad distribution, favorable channel positioning and significant competitive advantages.” |
| competitor | OOMA INC (OOMA) | 10-K Apr 3, 2026 | “Some of the providers of broadband internet access and high-speed mobile access, such as AT&T and Verizon, market and sell products and services to our current and potential customers that directly compete with our own offerings, which can potentially give such providers a competitive advantage.” |
| competitor | BOSTON OMAHA Corp (BOC) | 10-K Mar 30, 2026 | “In the future, leading cable operators, such as Comcast, Charter Communications and Optimum, and other competitors, as well as other corporations providing competitive services, such as AT&T, T-Mobile and Verizon, may seek to enter the markets we serve.” |
| customer | SOUNDTHINKING, INC. (SSTI) | 10-K Mar 30, 2026 | “We rely on wireless carriers, mainly AT&T and Verizon, to provide access to wireless networks for machine-to-machine data transmissions, which are an integral part of our services.” |
| competitor | TaoWeave, Inc. (TWAV) | 10-K Mar 20, 2026 | “With respect to our managed services for video collaboration, we primarily compete with managed services companies, videoconferencing equipment resellers, and telecommunication providers, including BT Conferencing, AT&T, Verizon, LogMeIn, Yorktel, ConvergeOne, and AVI-SPL.” |
| partner | Xerox Holdings Corp (XRX) | 10-K Mar 17, 2026 | “During 2024, Xerox entered into a five-year agreement with Verizon Business Services (Verizon) to provide their Network as a Service (NaaS) solutions framework as part of Xerox's Reinvention.” |
VZ analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.27 | $1.29 | -1.4% | $34.85B | 18 |
| Next quarter (ends Dec 2026) | $1.16 | $1.13 | +2.7% | $37.26B | 16 |
| Current fiscal year (ends Dec 2026) | $5.02 | $4.94 | +1.5% | $140.80B | 22 |
| Next fiscal year (ends Dec 2027) | $5.27 | $5.27 | +0.1% | $143.58B | 22 |
VZ options: expected move
Options price a move of about ±5.5% (±$2.38) by Oct 30, 2026, which includes earnings on Oct 26, 2026. Over the last 8 reports the stock moved ±4.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 38.3% | ±5.5% |
| Nov 6, 2026 | 14 | 31.2% | ±6.2% |
| Nov 13, 2026 | 21 | 29.5% | ±6.4% |
| Nov 20, 2026 | 28 | 29.1% | ±7.5% |
| Nov 27, 2026 | 35 | 26.4% | ±7.2% |
| Dec 4, 2026 | 42 | 25.8% | ±7.7% |
| Dec 18, 2026 | 56 | 26.0% | ±8.8% |
| Jan 15, 2027 | 84 | 25.9% | ±11.0% |
30-day implied volatility 28% vs 40.3% realized over the last 30 trading days. Put/call ratio (volume) 0.61. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:33 UTC)
| Price | USD 45.2 |
|---|---|
| Change | ▲ 3.76% (up) |
| Previous Close | USD 43.56 |
| Open | USD 43.85 |
| Day Range | USD 43.78 – 45.29 |
| 52-Week Range | USD 38.39 – 51.68 |
| Volume | 28,635,250 shares |
| Market Cap | $187.80B |
| Exchange | NYQ |
Technical Analysis (VZ)
Nexqual's technical model rates VZ "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 10:33 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 46.27 (neutral) |
| vs SMA50 | Below (USD 47.62) |
| MACD | -0.93 (negative) |
Analyst Ratings (VZ)
Wall Street analysts rate VZ "Buy" based on 25 analysts, with a mean price target of USD 51.24 (range USD 45–62), per Nexqual as of October 23, 2026 at 10:33 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 25 |
| Mean Target | USD 51.24 |
| High Target | USD 62 |
| Low Target | USD 45 |
| Buy / Hold / Sell | 11 / 14 / 0 |
Earnings (VZ)
| Next Earnings Date | 2026-10-26 |
|---|---|
| EPS Estimate | USD 1.27 |
| Revenue Estimate | $34.85B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.3 vs est 1.27 ▲ beat |
| 2026-03-31 | USD 1.28 vs est 1.21 ▲ beat |
| 2025-12-31 | USD 1.09 vs est 1.06 ▲ beat |
| 2025-09-30 | USD 1.21 vs est 1.19 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:33 UTC.
Financials & Fundamentals (VZ)
| Total Revenue | $138.89B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -0.70% |
| Gross Margin | +59.45% |
| Operating Margin | +23.00% |
| Profit Margin | +11.64% |
| ROE | +15.84% |
| Debt / Equity | 1.84 |
| Current Ratio | 0.6 |
| Total Cash | $1.80B |
| Total Debt | $193.65B |
Source: Nexqual, October 23, 2026 at 10:33 UTC.
Financial Health Score (VZ)
Nexqual rates Verizon Communications Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:33 UTC.
| Growth | Mixed — Revenue +2.5% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 59%, operating 23% (last 12 months) |
| Balance Sheet | Critical — $1.75B cash and investments vs $165.2B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $37.1B (FY ended Dec 2025, 10-K) |
| Efficiency | Solid — ROE 16%, ROA 5.0% |
Ownership (VZ)
| Insider Ownership | +0.05% |
|---|---|
| Institutional Ownership | +71.28% |
| Shares Outstanding | 4.15B |
| Float | 4.15B |
| Short % of Float | +2.14% |
Source: Nexqual, October 23, 2026 at 10:33 UTC.
Leadership (VZ)
Verizon Communications Inc. is led by Daniel H. Schulman, Director & CEO, per Nexqual as of October 23, 2026 at 10:33 UTC.
| Director & CEO | Daniel H. Schulman |
|---|---|
| Executive VP & CFO | Anthony T. Skiadas |
| CTO & Senior VP of Strategy and Technology Enablement | Santiago Tenorio |
| Senior Vice President of Investor Relations | Colleen Ostrowski |
| Executive VP & Chief Marketing Officer | Leslie Berland |
Major Backers & Investors (VZ)
Notable institutional backers of Verizon Communications Inc. include Charles Schwab Investment Management, Inc., Charles Schwab, Morgan Stanley, according to Nexqual as of October 23, 2026 at 10:33 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Charles Schwab Investment Management, Inc. | 3.08% |
| Charles Schwab | 1.74% |
| Morgan Stanley | 1.69% |
| Bank of America Corporation | 1.46% |
| NORGES BANK | 1.31% |
| Fidelity | 1.3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 9.58% |
| Vanguard Group | 8.09% |
| State Street | 5.05% |
| Geode Capital | 2.57% |
Source: Nexqual, October 23, 2026 at 10:33 UTC.
From Verizon Communications Inc.'s Latest SEC 10-K Filing (filed 2026-02-17)
Key Strengths & Strategy (as disclosed to the SEC)
- As of December 31, 2025, Business had approximately 31 million wireless retail postpaid connections (including FWA) and approximately 3 million total broadband connections (which includes Fios internet, FWA and DSL connections).
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in the regulatory framework under which we operate could adversely affect our business prospects or results of operations.
- Our business may be impacted by changes in tax laws and regulations, or their interpretations, and challenges to our tax positions.
- We are subject to a substantial amount of litigation, which could require us to pay significant damages or settlements.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TMUS | T-Mobile US, Inc. | USD 158.79 | ▲ 3.28% |
| T | AT&T Inc. | USD 22.74 | ▲ 3.79% |
| CMCSA | Comcast Corporation | USD 22.84 | ▲ 3.44% |
| AMX | America Movil, S.A.B. de C.V. | USD 24.98 | ▲ 2.84% |
| CHT | Chunghwa Telecom Co., Ltd. | USD 48.72 | ▲ 2.57% |
| VOD | Vodafone Group Plc | USD 16.12 | ▲ 1.7% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:33 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt