Verizon Communications Inc. (VZ)
NYSE: VZ · Real-Time Price · USD
$47.2
+0.13 (+0.3%)· Live
StockMarketAgent Research
Our analysis: VZ rated Strong Buy
VZ is rated Strong Buy at $47.22 versus the reconciled fair value midpoint of $65.64, implying +39.01% upside/downside. Confidence is separately disclosed at 72/100.
Fair value (mid)
$65.6 / share
$44.8 – $87.8
Upside to FV
+39.0%
from $47.2
Confidence
72/100
Moat
6.5/10
Biggest opportunity
Bull: Accelerated monetization of 5G investments leads to stronger-than-expected ARPU growth, while peaking capex allows for rapid deleveraging and multiple expansion.
Biggest risk
Dividend Cut
Dividend Cut: Free cash flow fails to cover dividend obligations due to severe ARPU contraction or unexpected capex requirements, triggering massive yield-focused retail selling.
Recommended action
Strong Buy
VZ is rated Strong Buy at $47.22 versus the reconciled fair value midpoint of $65.64, implying +39.01% upside/downside. Confidence is separately disclosed at 72/100.
Position sizing playbook →| Market cap | $197.2B | |
|---|---|---|
| Revenue (ttm) | 139.1B | |
| Net income (ttm) | 17.3B | |
| EPS (ttm) | $4.11 | |
| Shares out | 4.2B | |
| P/E (trailing) | 11.5x | |
| P/E (forward) | 9.0x | |
| Dividend | $2.83 (5.99%) | |
| Volume | 16,347,892 | |
| Beta | 0.22 | |
| Price target | $50.2 | +6.3% |
Market data
Price
Recent price action with selectable time range.
Verizon Communications Inc.VZ
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Financial snapshot
- Revenue (ttm)
- 139.1B
- Net income (ttm)
- 17.3B
- EPS (ttm)
- $4.11
- P/E (trailing)
- 11.5x
- P/E (forward)
- 9.0x
- Market cap
- $197.2B
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $133.61B | $136.84B | $133.97B | $134.79B | $138.19B | +0.8% |
| Gross profit | $77.31B | $77.70B | $79.09B | $80.69B | $81.43B | +1.3% |
| Operating income | $32.45B | $30.47B | $28.72B | $28.69B | $29.26B | -2.6% |
| Net income | $22.07B | $21.26B | $11.61B | $17.51B | $17.17B | -6.1% |
| EPS (diluted) | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 | -6.5% |
| EBITDA | $49.11B | $48.98B | $40.14B | $47.52B | $47.72B | -0.7% |
| R&D | — | — | — | — | — | — |
| SG&A | $28.66B | $30.14B | $32.75B | $34.11B | $33.82B | +4.2% |
Fair-value bridge
- Fair value (low)
- $44.8
- Fair value (mid)
- $65.6
- Fair value (high)
- $87.8
- Current price
- $47.2
- Upside to mid
- +39.0%
Valuation models
| Model | Fair value (mid) | Weight |
|---|---|---|
| Forward earnings | $64.19 | 90% |
| Ddm | $78.70 | 10% |
| Peg adjusted peer | $30.85 | 0% |
| FCFF DCF | $260 | 0% |
| Reverse DCF | $0.00 | 0% |
| Discounted earnings | $150 | 0% |
| Owner earnings | $182 | 0% |
| Multi stage moat fade | $172 | 0% |
Analyst consensus
Recommendation
Buy
Price target
$50.2
+6.3%
In the news
Latest news · VZ
Recent company headlines from major financial publishers.
Valuation
- Market cap
- $197.2B
- P/E (trailing)
- 11.5x
- P/E (forward)
- 9.0x
- P/S
- 1.4x
- P/B
- 1.9x
- PEG
- 1.11
- EV / EBITDA
- 7.6x
Profitability
- Gross margin
- 58.9%
- Operating margin
- 23.3%
- ROE
- 17.2%
- ROA
- 5.1%
- ROIC
- 8.8%
Balance sheet
- Debt / equity
- 1.92
- Current ratio
- 0.64
- Quick ratio
- 0.51
Trading
- Beta
- 0.22
- Volume
- 16,347,892
- Dividend yield
- 6.0%
Scenarios & expected return
Probability-weighted: +35.9% expected return to fair value
Bull20%
Price target
$87.77
+85.9% from spot
Accelerated monetization of 5G investments leads to stronger-than-expected ARPU growth, while peaking capex allows for rapid deleveraging and multiple expansion.
- Strong FWA adoption
- Successful C-band monetization
- Margin expansion via cost cuts
Base60%
Price target
$65.64
+39.0% from spot
Verizon successfully executes its Fixed Wireless Access strategy and maintains its premium subscriber base, generating stable FCF to slowly deleverage and support the dividend.
- 1.4% revenue growth
- 25.1% operating margin
- 12.6% reinvestment rate
Bear20%
Price target
$44.81
-5.1% from spot
Fierce competition from AT&T and T-Mobile results in sustained subscriber losses, compressing margins and leaving Verizon with a heavy debt burden that stifles equity returns.
- Flat or negative revenue growth
- Margin compression from competition
- Higher interest expenses
Valuation models & bridge
Each model produces an independent fair value. Weighted average = $65.6.
| Model | Weight | FV / share | vs spot | Contribution |
|---|---|---|---|---|
| Forward earnings | 90% | $64.2 | +35.9% | |
| Ddm | 10% | $78.7 | +66.7% | |
| Peg adjusted peer | 0% | $30.9 | -34.7% | |
| FCFF DCF | 0% | $260 | +450.8% | |
| Reverse DCF | 0% | $0.00 | -100.0% | |
| Discounted earnings | 0% | $150 | +216.8% | |
| Owner earnings | 0% | $182 | +284.6% | |
| Multi stage moat fade | 0% | $172 | +265.3% | |
| Composite FV (weighted) | 100% | $65.6 | +39.0% |
Sensitivity: Ke × terminal growth
| Ke ↓ / g → | 1.0% | 1.5% | 2.0% | 2.5% | 3.0% |
|---|---|---|---|---|---|
| 4.0% | $85.7 | $103 | $112 | $112 | $112 |
| 5.0% | $64.2 | $73.4 | $85.7 | $103 | $112 |
| 6.0% | $51.3 | $57.0 | $64.2 | $73.4 | $85.7 |
| 7.0% | $42.8 | $46.6 | $51.3 | $57.0 | $64.2 |
| 8.0% | $36.6 | $39.5 | $42.8 | $46.6 | $51.3 |
Scorecard
Factor radar (left) · 9-category weighted composite (right)
Valuation5.0
Management6.9
Balance Sheet1.5
Profitability6.5
Revenue Growth4.5
Risk Assessment5.5
Competitive Moat6.5
Earnings Quality7.5
Capital Efficiency5.0
Weighted composite
5.4/10
Mixed| Category | Weight | Score | Reading |
|---|---|---|---|
| Valuation | 11% | 5.0 | |
| Management | 11% | 6.9 | |
| Balance Sheet | 11% | 1.5 | |
| Profitability | 11% | 6.5 | |
| Revenue Growth | 11% | 4.5 | |
| Risk Assessment | 11% | 5.5 | |
| Competitive Moat | 11% | 6.5 | |
| Earnings Quality | 11% | 7.5 | |
| Capital Efficiency | 11% | 5.0 |
Position sizing & entry playbook
Pre-committed rules, followed irrespective of news flow.
Conviction tier
High
Confidence 72/100
Target weight
Appropriate for core income allocations; size according to yield requirements.
of equity sleeve
Current / pullbacks
$47.2
Thesis break
Risk to thesis
- Monitor for structural changes in the US wireless market or any fundamental threat to the dividend payout.
Calendar
Next earnings
Upcoming earnings date and setup when available.
Upcoming
DateLoading
Window—
EPS estimate—
Revenue estimate—
Sector percentile context
Refreshed 2026-05-10 22:07 UTC
Forward P/E9
P25 n/aP50 n/aP75 n/a
Trailing P/E0
P25 n/aP50 n/aP75 n/a
ROE17.2
P25 n/aP50 n/aP75 n/a
ROIC8.8
P25 n/aP50 n/aP75 n/a
Benchmarks · 1M
S&P 500n/a
Nasdaq Compositen/a
Dow Jones Industrial Averagen/a
Russell 2000n/a
All VZ indicators
Market & fundamental data
Available fields
284
Groups with data
11
Currency
USD
Showing 284 of 284 available metrics for this ticker.
Deeper analysis on VZ
14 sections in the full report · jump straight to what you need
Forecast
Bull, base, and bear cases with expected-return framing.
Valuation
Fair-value bridge, DCF, owner earnings, and peer multiples.
Sensitivity
Cost-of-equity and terminal-growth stress table.
Risks
Kill scenarios, soft-pass flags, and downside catalysts.
Earnings
Next earnings setup and beat / inline / miss thresholds.
Position sizing
Entry, exit, conviction, and quarterly monitoring rules.
Financials
Revenue, margins, cash flow, and balance-sheet context.
Peers
Relative valuation and profitability against the cohort.
Moat
Economic-profit evidence and competitive advantage risk.
Industry cycle
Sector phase, capital cycle, and secular tailwinds.
Scorecard
Six-factor overlay and 9-category weighted scorecard.
Recommendation
Final action, action steps, opportunity, and biggest risk.
Perspectives
Growth, value, and income investor reads.
Archive
Prior monthly reports and rating changes.
Frequently asked questions
About this VZ report
What is the current VZ stock rating?
Verizon Communications Inc. is currently shown with Strong Buy in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.
Where can I read the full VZ analysis?
The full report lives at /stocks/VZ/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.
What fair-value range is used for VZ?
The latest report frames VZ around $45 to $88. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.
How often is the VZ page updated?
The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.
Strong BuyVZ · Fair value $65.6+39.0% · Confidence 72/100