Verizon (VZ)
NYSECommunication ServicesTelecommunications ServicesSnapshot 2026-09-04
$50.14-0.89%
Close 2026-09-04 · 1-day change
NYSECommunication ServicesTelecommunications ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · VZ
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -3.7% |
| Our one-year growth estimate | diamond | 2.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 6.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 23 industry peers
VZ — debt issuance
Dated 2026-05-14
Other Events Junior Subordinated Notes Offering On May 14, 2026, Verizon Communications Inc. (“Verizon”) closed the sale of $2,000,000,000 aggregate principal amount of its 6.050% Fixed-to-Fixed Rate Junior Subordinated Notes due 2058 and $2,000,000,000 aggregate principal amount of its 6.200% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056, pursuant to a purchase agreement with BNP Paribas Securities Corp., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC…
Why it matters: An increase in EPS guidance would signal strong financial health and growth potential.
Supportive ifManagement raises adjusted EPS guidance for 2026 to more than $5.04.
Worry ifManagement keeps or lowers adjusted EPS guidance for 2026.
Why it matters: The closing will impact Verizon's market share and growth in broadband services.
Supportive ifThe deal closes successfully. This will help Verizon's broadband coverage.
Worry ifThe deal might have regulatory problems or delays. This could stop it from closing.
Why it matters: This growth rate shows if Verizon is recovering and doing well.
Worry ifMobility and broadband service revenue growth was below 3.0% in Q3 2026.
Less concerning ifMobility and broadband service revenue growth was above 3.0% in Q3 2026.
Why it matters: This metric shows how well Verizon attracts and keeps customers in a tough market.
Worry ifTotal retail postpaid phone net additions were below 750,000 for 2026.
Less concerning ifTotal retail postpaid phone net additions reported at or above 750,000 for 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$88 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $223 loss on $10,000 · 2.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,824 loss on $10,000 · 18.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Exceeding this cash flow target would indicate strong operational performance. It would support management's goal of growing free cash flow.
Supportive ifCash flow from operations exceeds $8 billion in Q2.
Worry ifCash flow from operations falls below $7 billion in Q2.
Why it matters: More wireless revenue is key for Verizon's financial health.
Supportive ifWireless service revenue is expected to grow over 5% each year in the next quarters.
Worry ifWireless service revenue growth falls below 5% year over year in upcoming quarters.
Why it matters: Adjusted EPS shows how much money Verizon makes and its growth path.
Worry ifAdjusted EPS reported below $4.99 for the full year 2026.
Less concerning ifAdjusted EPS reported at or above $4.99 for the full year 2026.
Why it matters: This growth would show Verizon is on track to meet its 2026 revenue goals. It would indicate recovery in service revenue after a recent decline.
Supportive ifQ2 service revenue growth exceeds 3% year over year.
Worry ifQ2 service revenue growth remains below 2% year over year.
Why it matters: If Verizon meets or beats EPS guidance, it shows they can control costs and make profits.
Supportive ifAdjusted EPS in Q3 2026 is between $4.99 and $5.04.
Worry ifAdjusted EPS in Q3 2026 is below $4.99.
Why it matters: Free cash flow growth is important for capital allocation. It affects future investments.
Watch forQ2 free cash flow grows more than 5% year over year.
Also watch forQ2 free cash flow declines more than 5% year over year.
Why it matters: Free cash flow growth is crucial for funding operations and shareholder returns.
Worry ifFree cash flow growth reported below 9.0% for the full year 2026.
Less concerning ifFree cash flow growth reported at or above 9.0% for the full year 2026.
Why it matters: The communication services sector is growing up. Changes in growth signals can affect Verizon.
Watch forSector revenue growth picks up above 7% year over year.
Also watch forSector revenue growth slows below 4% year over year.
Why it matters: How well they integrate will affect Verizon's debt and customer growth.
Supportive ifManagement says they will finish key integration steps and pay down debt by 2026.
Worry ifManagement says there may be delays or issues with integration and paying off debt.