Verizon Communications Inc Dossier
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SectorCommunication Services IndustryIntegrated Telecommunication Services Beta (adjusted)0.50 Intrinsic Value $37.81median of 6 methods · middle span $35-$114based on filings through 30 Jun 2026 Market Price $45.87Price as of 30 Sep 2026 OvervaluedIntrinsic value is 18% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $190.6B Enterprise Value $332.3B Shares Outstanding 4.2B diluted Moat Rating Wide Next Earnings Date28 Oct 2026 Last ex-dividend10 Jul 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Verizon's second-quarter results support a cautiously constructive operating view: mobility and broadband service revenue grew 2.8%, customer additions improved, adjusted EBITDA reached a company record, and management raised several 2026 guidance measures. Free cash flow also increased while net unsecured debt declined sequentially. The offset is that consolidated revenue fell, reported net income was affected by substantial special items, leverage remains meaningful, and the investment case still depends on sustaining subscriber momentum while meeting capital requirements. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$44.00 Mean target$51.56 High · most bullish analyst$71.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $44.0019% Subscriber momentum fades, service-revenue growth falls below guidance, or competitive responses force higher retention and acquisition spending. A simultaneous capital-expenditure overrun or adjusted-EPS miss would weaken free-cash-flow conversion and slow balance-sheet improvement. Base CaseCentral scenario $51.5657% Matches the consensus meanVerizon delivers within its raised 2026 guidance, with service-revenue growth accelerating but remaining competitive and capital intensive. Improved free cash flow and disciplined capital allocation partially offset elevated leverage and execution risk. Bull CaseUpside scenario $71.0024% The customer-focused transformation produces durable lower churn and healthier acquisition economics; service-revenue growth approaches management's approximately 4% fourth-quarter expectation; adjusted EPS and free cash flow meet or exceed the raised ranges; and broadband expansion compounds the improvement in mobility. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |