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Verizon Communications Inc (VZ)

Fair Value
Communication ServicesTelecom ServicesUnited States

Fundamental

66

Price

$44.66

Market Cap

$180.98B

Part 1 · What the company is worth

Overview

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

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Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$138.90B

Trailing 12 months (through 6/30/2026)

Net Income

$16.17B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

-

Total Equity

$105.74B

Total Liabilities

$298.52B

Current Ratio

0.60

Interest Coverage

3.88

Debt/EBITDA

3.96

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$53.57

Current Price

$44.66

Margin of Safety

+16.6%

Fair Value Range

$34.82 - $72.33

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$51.24
Discounted cash flow (DCF):$96.77
Earnings multiple (P/E):$34.25
Graham growth formula:$28.72
Earnings power value (EPV):$67.71
Justified P/B:$71.34
Dividend discount (Gordon):$70.85
P/FFO, funds from operations:$136.80
Mid-cycle earnings:$106.29
Revenue multiple:$70.17
Last Earnings Surprise:-0.22%

Valuation Metrics

P/E Ratio

11.60

ROE

16.2%

P/B Ratio

1.76

P/FCF

-

Gross Margin

-

ROIC

6.5%

Profitability Radar

Value Creation (Economic Moat)

ROIC

6.5%

WACC

5.4%

ROIC − WACC

+1.1 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (13)

  • EPS shows upward trend
  • ROIC 6.5%
  • P/B ratio 1.76
  • Debt/equity ratio
  • Operating margin 20.5%
  • Interest coverage
  • Debt/EBITDA
  • Return on tangible assets
  • Price below Graham Number
  • ROE 15.5%
  • Earnings quality (operating cash flow / net income) 2.40
  • Share dilution 0.0%
  • Piotroski F-Score 6/9

Failed (8)

  • EPS CAGR 4.31%
  • Price CAGR -1.82%
  • Current ratio
  • Low reliance on intangibles
  • DCF valuation (Fairly Valued)
  • Revenue growth 5Y 1.5%
  • Earnings surprise, average 0.7%
  • Net margin trend 11.6% vs 13.3%

Unavailable (6)

  • Gross margin –
  • P/FCF –
  • Dividend payout –
  • Positive free cash flow
  • CapEx intensity
  • PEG ratio (needs P/E > 0 and growth > 0)

Piotroski F-Score

6/9

Mixed signals: some areas need attention

ROA > 0
Operating cash flow > 0
ΔROA > 0
Cash flow > net income
Leverage ↓
Current ratio ↑
No dilution
Gross margin ↑
Asset turnover ↑

Earnings Quality

2.40

High quality: earnings backed by cash

Share Dilution

0.0%

Buying back shares. Shareholder friendly

Institutional Holdings

No institutional filings reported for this company.

Governance

Executive Team

NameTitleAge
Mr. Daniel H. SchulmanDirector & CEO67
Mr. Anthony T. Skiadas CPAExecutive VP & CFO56
Ms. Vandana VenkateshExecutive VP & Chief Legal Officer53
Mr. Kyle MaladyExecutive VP & CEO of Verizon Business Group57
Ms. Mary-Lee StillwellSenior VP of Accounting & External Reporting and Controller50
Mr. Santiago TenorioCTO & Senior VP of Strategy and Technology Enablement-
Ms. Colleen OstrowskiSenior Vice President of Investor Relations51
Ms. Leslie BerlandExecutive VP & Chief Marketing Officer-
Ms. Kathleen GrilloSenior VP and Deputy General Counsel of Public Policy & Government Affairs-
Mr. Christopher J. BartlettChief Strategy Officer, CFO and Head of Business strategy, Planning & Trans. - Verizon Business-

Audit Risk

7

Board Risk

1

Compensation Risk

7

Shareholder Rights Risk

3

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-17

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-31

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-29

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Part 2 · The price and its context

This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Market Reaction Profile

How much VZ moves, measured on its daily prices.

VolatilityMedium

More volatile than 38% of the tracked stocks (90-day volatility).

Volatility 30d
40.1%
Volatility 90d
31.7%
Beta vs S&P 500 (1y)
-0.41Correlation -0.19
Max drawdown (12m)
-19.0%
ATR (14d, % of price)
2.78%

Earnings reactions

How VZ moved around its past quarterly results.

Next earnings release

Oct 26, 2026 · In 2 days · Before the open

EPS estimate: 1.27Revenue estimate: $34.9B

What usually happens

  • Over the last 12 releases the stock moved a median of 4.9% the next day, up or down.
  • Next-day moves: up 9, down 3 (out of 12).

Release history

DateWhen EPS est.EPS actualSurprise Gap 1 day5 days
Jul 24, 2026During the session1.301.30-0.2% +0.6% +5.8% +5.2%
Apr 27, 2026During the session1.231.28+3.8% +2.3% +1.6% +3.7%
Jan 30, 2026During the session1.091.09+0.4% +5.5% +11.8% +18.3%
Oct 29, 2025During the session1.221.21-1.2% +4.1% +2.3% 0.0%
Jul 21, 2025During the sessionn/an/an/a+2.7% +4.0% +5.5%
Apr 22, 2025During the sessionn/an/an/a-2.2% +0.6% -1.3%
Jan 24, 2025During the sessionn/an/an/a+2.4% +0.9% +0.7%
Oct 22, 2024During the sessionn/an/an/a-4.1% -5.0% -4.8%
Jul 22, 2024During the sessionn/an/an/a-4.0% -6.1% -3.7%
Apr 22, 2024During the sessionn/an/an/a+2.2% -4.7% -2.0%
Jan 23, 2024During the sessionn/an/an/a+3.8% +6.7% +6.2%
Oct 24, 2023During the sessionn/an/an/a+5.6% +9.3% +10.3%

Release dates from SEC 8-K filings.

Updated 10/24/2026

Historical statistics for educational purposes only. They are not forecasts and not investment advice.

Price reaction to the news

Latest news on VZ and what the price did next.

Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.

Latest News

Recent headlines for VZ.

  • 1d agoNEGATIVE
    The mobile ambitions of SpaceX are hitting telecom stocks again. Here’s what the latest developments mean.

    SpaceX's Starlink is reportedly in talks with cell-tower owners, a development that has captured the attention of investors in major US telecom companies. Shareholders of Verizon, AT&T, and T-Mobile are closely monitoring these discussions, as a potential partnership between Starlink and tower infrastructure could introduce a new competitive dynamic to the mobile connectivity market. This news suggests that traditional mobile carriers may face increased competition or need to adapt their strategies to integrate satellite-based services, potentially impacting future revenue streams and market share.

  • 15d agoNEGATIVE
    I piani di SpaceX scuotono i carrier storici; c'è un vincitore a sorpresa

    Verizon Communications Inc. shares plummeted 10% on Friday, marking its worst trading day since 2002, following SpaceX's announcement to acquire a national portfolio of low-band spectrum licenses. This move intensifies competitive pressures from Elon Musk's space and AI venture, impacting traditional wireless carriers. T-Mobile US Inc. fell 13.03%, and AT&T Inc. dropped over 10%, hitting multi-year lows. The news suggests a significant shift in the telecommunications landscape, with SpaceX's entry potentially disrupting market dynamics and impacting the revenue streams of established players.

  • 7/24/2026POSITIVE
    Verizon’s stock rises after earnings — and a surprise entry into a new AI business area

    Verizon Communications Inc. saw its stock price increase following its latest earnings report, which also revealed a strategic expansion into a new artificial intelligence business area. The company's Chief Financial Officer highlighted a significant new revenue stream derived from a 'dark fiber' deal with Google, which is expected to contribute positively beyond its core operations. This diversification into AI, coupled with the new revenue source, suggests potential for future growth and enhanced profitability, making it an attractive prospect for investors seeking exposure to both telecommunications and emerging tech sectors.

  • 7/2/2026NEGATIVE
    SpaceX panic sends Verizon and AT&T shares toward their worst week in years

    Verizon Communications Inc. (VZ) and AT&T Inc. (T) are experiencing significant stock declines, heading towards their worst weekly performance in years. This downturn is attributed to the increasing competitive threat posed by SpaceX's Starlink satellite internet service. The looming competition from Starlink, which offers a potentially disruptive alternative for broadband and mobile connectivity, is creating investor apprehension about the long-term market share and revenue prospects of these established telecommunications giants. The market is reassessing the traditional telecom business model in light of this emerging technological challenge.

  • 6/29/2026NEUTRAL
    Verizon, BT Merge International Units in Home Markets Pivot

    Verizon Communications Inc. and BT Group Plc are merging their international businesses into a joint venture. This strategic move aims to remove low-margin international operations from their balance sheets, enabling both telecom giants to concentrate resources and strategic efforts on their respective domestic markets. While the specifics of the JV's valuation and profit-sharing are yet to be fully detailed, the divestment of non-core assets is generally viewed as a positive step towards operational efficiency and a sharper focus on core revenue streams, potentially improving future profitability for Verizon shareholders.