Verizon Communications Inc.

VZ · NYSE

Company research

Verizon Communications Inc. (NYSE: VZ) is a leading American telecommunications company headquartered in New York City, formed in 2000 through the merger of Bell Atlantic Corp. and GTE Corp., and currently the largest wireless carrier in the United States with approximately 146.8 million subscribers. The company operates through two primary segments — Consumer and Business — delivering a broad portfolio of wireless and wireline services, including postpaid and prepaid mobile plans, Fios fiber-optic internet, television and voice services, fixed wireless access (FWA) broadband, and enterprise-grade networking, cloud, security, and IoT solutions. Serving consumers, businesses, and government entities across the U.S. and select international markets, Verizon generates the majority of its revenue through subscription-based services, underpinned by its nationwide 5G and 4G LTE networks that cover approximately 99% of the U.S. population. With a market capitalization of approximately $177.7 billion and roughly 99,400 full-time employees, Verizon remains one of the largest and most recognized names in the global communications industry.

Research reports

Macroaxis · July 13, 2026Verizon Communications Stock Analysis

Macroaxis provides an ongoing quantitative stock analysis of Verizon that reviews valuation ratios, leverage, profitability, ESG scores, and technical indicators, highlighting a debt‑to‑equity ratio around 2.01, net margin near 12%, and a Street consensus target price of about 51.9 versus a recent price in the low‑40s. Overall tone is balanced: they note negative expected returns over the past 90 days and a constrained current ratio near 0.74, but also emphasize strong institutional ownership (around 70%) and acceptable profitability and return metrics.

StockRover · July 11, 2026Verizon Communications (VZ) – Stock Report

StockRover’s July 11, 2026 stock report labels VZ a Buy with a fair value estimate of 51.80—about 23% above the then share price of 42.12—supported by a very high value score (92), solid quality score (76), and a forward dividend yield around 6.7%. It highlights modest sales growth, stable high margins and ROE in the mid‑teens, and strong free‑cash‑flow coverage of the dividend, while flagging that the stock has materially underperformed both the S&P 500 and the broader Communication Services sector over multi‑year periods.

DBS Bank · June 23, 2026Verizon Communications – Scale without acceleration keeps Verizon in Hold territory

DBS’s U.S. equity research report rates Verizon HOLD with a 12‑month target price of 49 (cut from 52), implying only modest upside from a mid‑40s share price but an attractive dividend yield of about 6%. The analysts argue that while Verizon remains the largest U.S. telecom player and is executing on 5G, Fixed Wireless Access, and Frontier fiber integration, wireless service revenue growth is roughly flat and constrained by market saturation, capital‑intensive network spending, execution risk on integration, and elevated leverage, so the near‑term story relies more on cost efficiencies than on strong top‑line acceleration.

Ultra Stock Analysis Pro · May 1, 2026Verizon Communications Inc. (VZ) – Analyst Report

Ultra Stock Analysis Pro’s May 1, 2026 report assigns a HOLD rating over a 6–12 month horizon, citing only about 7.8% upside to an analyst consensus target price of 51.85 from 48.11 at the time and a back‑tested strategy win rate of roughly 35.7%. It views fundamentals as broadly solid—forward P/E near 9.1, operating margin around the mid‑20s, strong free cash flow, and institutional ownership close to 69%—but characterizes the risk‑reward as mediocre and advises maintaining or initiating only market‑weight exposure until stronger technical “confluence” signals appear.

The Krause Fund, Tippie College Of Business, University Of Iowa · April 20, 2026Verizon Communications (VZ)

The Krause Fund’s April 20, 2026 student‑managed fund report assigns Verizon a BUY rating with a target price range of 50.35–53.66, implying roughly 9–16% upside from a then price of 45.98 based on DCF, economic profit, and peer multiple analysis. Its thesis stresses monetizing subscribers through bundled wireless, home‑internet, and streaming plans that lift ARPU about 1% annually, a ~6% dividend yield backed by more than 20 years of dividend growth, and growth from Fixed Wireless Access and Fios expansion, while pointing to saturation of the U.S. market, aggressive competition from T‑Mobile, and high leverage—including extra debt from the Frontier acquisition—as key risks.

Sure Dividend · February 1, 2026Verizon Communications (VZ)

Sure Dividend’s February 1, 2026 research report projects total annual returns of about 11.6% through 2031 from a starting price near 44, driven by an assumed 2.5% EPS growth rate, a 6.3% dividend yield, and valuation multiple expansion toward a target P/E of 11, but maintains a Hold rating due to a weak dividend risk score and high debt around 177 billion. It portrays Verizon as a stable, recession‑resilient income stock with strong competitive advantages in U.S. wireless and 5G and consistent dividend growth, yet warns that slow growth, substantial leverage, and ongoing competitive pressure from AT&T and T‑Mobile cap upside even though the shares appear undervalued on traditional metrics.

Documents

MorningstarUS Telecom: Verizon Shells Out $3 Billion for Spectrum as SpaceX Treads Lightly
MorningstarUS Telecom: FCC Spectrum Auction Likely Provides Limited Insight Into Wireless Trends
MorningstarVerizon Earnings: Customer Metrics Improve, as Cost-Cutting Offsets Weak Revenue
MorningstarVerizon Earnings: Slashing Capital Spending Acknowledges Network Leadership Is in the Past
MorningstarVerizon's New Direction Likely Won't Deviate Radically From Its Prior Path
MorningstarVerizon Earnings: New Vision Points to Capital Discipline With a Commitment to the Dividend
MorningstarVerizon Earnings: Punching Back Against the Competition Is a Costly Necessity
MorningstarVerizon Earnings: Price Increases Drive Solid Financial Results Amid Soft Customer Metrics