Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices, such as smart watches. It also provides residential fixed connectivity solutions, including internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2020, it had approximately 94 million wireless retail connections, 7 million broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, including voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2020, it had approximately 27 million wireless retail postpaid connections and 482 thousand broadband connections. Verizon Communications Inc. has a strategic partnership with Mastercard Incorporated. 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.
IPO Year: n/a
Exchange: NYSE
Website: verizon.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/2/2025 | $49.00 | Buy | Goldman |
| 7/10/2025 | $47.00 | Equal-Weight | Morgan Stanley |
| 7/7/2025 | $45.00 | Neutral | BofA Securities |
| 4/11/2025 | $48.00 | In-line → Outperform | Evercore ISI |
| 3/12/2025 | Outperform → Peer Perform | Wolfe Research | |
| 1/29/2025 | $40.00 | Hold → Buy | DZ Bank |
| 12/10/2024 | $48.00 | Mkt Perform | Bernstein |
| 10/24/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 7/1/2024 | $50.00 | Buy | Goldman |
| 3/22/2024 | $33.00 → $39.00 | Sell → Neutral | Redburn Atlantic |
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NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 69 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 3, 2025 to Verizon shareholders of record at the close of business on October 10, 2025. This 19th consecutive annual increase is a direct result of the company's disciplined financial management and unwavering focus on long-term growth. By strategically expanding both its mobility and broadband networks to capture high-value customer segments, Verizon generates the consistent, durable cash flow
NEW YORK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Hans Vestberg, Chairman and CEO of Verizon ((NYSE, NASDAQ:VZ), is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on Monday, September 8, at 11:50 a.m. ET. His remarks will be webcast, with access instructions available on Verizon's Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. ((NYSE, NASDAQ:VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $
CHICAGO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Verizon is elevating its commitment to support military veterans by committing $22 million in debt relief through 2026 through its continued partnership with ForgiveCo. The partnership has already erased $8.79 million in medical debt for over 6,000 veterans throughout the Great Lakes market. This initiative targets the crushing weight of debt—a significant burden that disproportionately affects veterans transitioning to civilian life and seeking care. By removing this burden, the program aims to provide a pathway to greater financial stability for those who have served the nation. Since launching in 2024, the collaboration has provided an a
NEW YORK, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Tony Skiadas, executive vice president and chief financial officer of Verizon ((NYSE, NASDAQ:VZ), is scheduled to speak at the Citi 2025 Global TMT Conference on Thursday, September 4, at 8:50 a.m. ET. His remarks will be webcast, with access instructions available on Verizon's Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. ((NYSE, NASDAQ:VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generat
PALMER, Alaska, Aug. 29, 2025 /PRNewswire/ -- MTA, Alaska's technology and telecommunications leader, has appointed Demian Voiles as Chief Executive Officer following a nationwide search conducted in partnership with CarterBaldwin Executive Search. Demian will replace retiring CEO Michael C. Burke beginning September 29, 2025. A seasoned executive with nearly three decades of experience leading operations, sales, and engineering teams in Fortune 50 companies, Demian brings a proven track record of operational excellence, driving growth, building high-performing teams, and expanding network infrastructure. "Demian brings a unique combination of entrepreneurial vision and large-scale operatio
NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Sowmyanarayan Sampath, Executive Vice President for Verizon ((NYSE, NASDAQ:VZ) and CEO for Verizon Consumer, is scheduled to speak at the BofA Securities 2025 Media, Communications & Entertainment Conference on Wednesday, September 3, at 8:00 a.m. ET. His remarks will be webcast, with access instructions available on Verizon's Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. ((NYSE, NASDAQ:VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwi
Unlimited data on America's most reliable 5G network, with built-in spam and fraud protection – all for $45/month with Auto-pay Tracfone Wireless, a leading prepaid, no contract wireless service provider, today announced the launch of Tracfone Freedom, a new mobile plan that delivers truly unlimited talk, text, and data for just $45 per month with Auto-pay. This marks the brand's first-ever unlimited data offering, addressing growing consumer demand for reliable connectivity at an affordable price. Available exclusively at tracfone.com, this single-line offering provides customers with unlimited data on Verizon's reliable 5G network, combined with enhanced protection features and hassle
Experience Pixel 10 on America's Largest Network with the Fastest and Most Reliable 5G and a three-year price lock guarantee [TL;DR] Pixel 10 Pro on us. New and existing customers can get a Pixel 10 Pro on us when you trade in your current Google, Apple, Motorola or Samsung phone (in any condition, with Unlimited Ultimate).Epic Gemini AI perk. Get Google AI Pro for six months, on us, when you purchase a Pixel 10 series smartphone on Unlimited Ultimate or Unlimited Plus.Three-year price lock guarantee & transparent pricing. Verizon is the first and only carrier in the industry offering new and existing customers a three-year price lock guarantee on all myPlan and myHome network plans. Price
New offerings deliver expanded global connectivity for prepaid customers Today, two key brands in the Verizon Value portfolio – Simple Mobile, recognized as the #1 prepaid brand in customer activation rates for the 41st time according to Wave 7, and Total Wireless – are launching enhanced plans to deliver expanded global connectivity to prepaid customers, beginning August 28. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250820242370/en/ The plans address ongoing demand for international connectivity as travel patterns evolve. While traditional destinations like Mexico, Canada, and the UK continue to attract American traveler
NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- While brands are celebrating AI-driven efficiency gains in customer experience (CX), a significant gap exists between their internal benefits and the often underwhelming service that consumers are actually experiencing. According to Verizon's CX Annual Insights report, the future of CX isn't just about implementing AI, but about strategically integrating it to amplify human connections and address core customer frustrations. The report, based on a survey of 5,000 consumers and 500 senior executives across seven countries, reveals a critical disconnect: Human Touch Still Reigns Supreme: A striking 88% of consumers are satisfied with interactions
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Goldman resumed coverage of Verizon with a rating of Buy and set a new price target of $49.00
Morgan Stanley resumed coverage of Verizon with a rating of Equal-Weight and set a new price target of $47.00
BofA Securities resumed coverage of Verizon with a rating of Neutral and set a new price target of $45.00
Evercore ISI upgraded Verizon from In-line to Outperform and set a new price target of $48.00
Wolfe Research downgraded Verizon from Outperform to Peer Perform
DZ Bank upgraded Verizon from Hold to Buy and set a new price target of $40.00
Bernstein initiated coverage of Verizon with a rating of Mkt Perform and set a new price target of $48.00
KeyBanc Capital Markets downgraded Verizon from Overweight to Sector Weight
Goldman initiated coverage of Verizon with a rating of Buy and set a new price target of $50.00
Redburn Atlantic upgraded Verizon from Sell to Neutral and set a new price target of $39.00 from $33.00 previously
Live Leadership Updates
PALMER, Alaska, Aug. 29, 2025 /PRNewswire/ -- MTA, Alaska's technology and telecommunications leader, has appointed Demian Voiles as Chief Executive Officer following a nationwide search conducted in partnership with CarterBaldwin Executive Search. Demian will replace retiring CEO Michael C. Burke beginning September 29, 2025. A seasoned executive with nearly three decades of experience leading operations, sales, and engineering teams in Fortune 50 companies, Demian brings a proven track record of operational excellence, driving growth, building high-performing teams, and expanding network infrastructure. "Demian brings a unique combination of entrepreneurial vision and large-scale operatio
ASHBURN, Va., July 16, 2025 (GLOBE NEWSWIRE) -- Verizon Frontline today announced that two more industry partners have joined the growing list of companies whose products have earned "Verizon Frontline Verified" status. With Radiav and Siyata now part of the "Verizon Frontline Verified" program, Verizon continues to demonstrate its commitment to providing proven 5G-enabled solutions built for first responders. Radiav's revolutionary Rapid Air Deployable (RAD) is a compact, deployable communications unit designed to help maintain reliable connectivity in the most challenging environments. This patent-pending, rapidly-deployable communication hub integrates 5G, LTE, satellite, Wi-Fi, and Et
BASKING RIDGE, N.J., May 22, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has announced preliminary results of the shareholder vote at its annual meeting, which was held today in a virtual-only format. Verizon's shareholders elected each of Verizon's 10 directors to a one-year term. Shareholders also voted in favor of two management proposals: Approved the compensation of the company's named executive officers as described in the 2025 proxy statement; andRatified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm. All three shareholder proposals were defeated: issue report on climate lobbying alignment; issue re
What you need to know: Verizon announces a substantial $5 billion commitment over the next five years with the launch of a new Small Business Supplier Accelerator.Verizon Small Business Digital Ready launched a new grant cycle where eligible small businesses can apply for $10,000 grants (open until June 30, 2025). NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Verizon today announced a commitment to invest $5 billion over the next five years in US small business suppliers with the launch of its new Small Business Supplier Accelerator. The program helps create a pipeline for American small businesses, many of which are owned by veterans, to work with Verizon and other large corporations.
SAN JOSE, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- [TL;DR] Samsung Galaxy S25 series is coming to Verizon with preorders kicking off todayCurrent and new customers can get a new Galaxy S25+ or Galaxy S25 on us, or $1,000 off a Galaxy S25 Ultra with select trade-in on Unlimited Ultimate plan1And choose a Galaxy Watch7 or Galaxy Tab S9 FE 5G, also on us. Service plans required for watch and tablet1 The big news Samsung's latest flagship smartphones — the Galaxy S25 Ultra, Galaxy S25+ and the Galaxy S25 — are available to Verizon customers. Packed with advanced AI features including Seamless actions across apps and Now Brief, along with Satellite SOS, these phones are designed to keep u
Purchasing Verizon products and services just got even easier Office Depot, an operating company of The ODP Corporation and a leading omnichannel retailer dedicated to helping its small business, home office, and education customers live more productive and organized lives, is pleased to announce its business initiative with Verizon, a renowned telecommunications and technology provider. This relationship aims to provide small and medium-sized businesses and consumer customers with a seamless shopping experience for Verizon products and services within Office Depot and OfficeMax stores. As part of this relationship, Verizon will offer a selection of Verizon business and consumer service
BASKING RIDGE, N.J., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Verizon Communications ((NYSE, NASDAQ:VZ) today announced the appointment of Santiago "Yago" Tenorio as Chief Technology Officer and SVP of Strategy and Technology Enablement. Tenorio brings more than 25 years of technical expertise in the wireless industry to lead the next chapter of Verizon technology innovation. Tenorio will report directly to Joe Russo, Executive Vice President & President, Global Network and Technology. "As we continue to advance our 5G and 5G-advanced network builds, this is the right time to also look towards the future technology Verizon will enable," said Joe Russo, Executive Vice President & President, Globa
BASKING RIDGE, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Verizon Frontline today announced the launch of a newly-established program designed to help strengthen partnerships with vendors in the public safety and mission-critical communications industry. The "Verizon Frontline-Verified" program offers a special designation to vendors whose products have been tested and met the rigorous standards required for public safety use on the Verizon network. The products eligible for this status are specifically designed to assist public safety officials and first responders during all types of hazards and emergencies. "This program is designed to help give the first responders we support peace
BASKING RIDGE, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has announced preliminary results of the shareholder vote at its annual meeting, which was held today in a virtual-only format. Verizon's shareholders elected each of Verizon's 10 directors to a one-year term. Shareholders also voted in favor of two management proposals: Approved the compensation of the company's named executive officers as described in the 2024 proxy statement; andRatified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm. All seven shareholder proposals were defeated: prohibit political contributions study; expand discl
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- Verizon Business, in collaboration with Nokia, is heading to Chicago to showcase the latest technologies driving business innovation and powering business growth at the first Innovation Session of 2024. This invite-only event will follow a curated program highlighting the transformative impact of 5G and other applications through immersive demonstrations of current and forward-looking use cases. "We're excited to bring our Innovation Sessions back to Soldier Field, showcasing Verizon Business' commitment to pioneering advancements in connectivity," said Jonathan Nikols, SVP, Global Enterprise Americas, Verizon Business. "Our upcoming Innovation
Live finance-specific insights
NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 69 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 3, 2025 to Verizon shareholders of record at the close of business on October 10, 2025. This 19th consecutive annual increase is a direct result of the company's disciplined financial management and unwavering focus on long-term growth. By strategically expanding both its mobility and broadband networks to capture high-value customer segments, Verizon generates the consistent, durable cash flow
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on August 1, 2025 to Verizon shareholders of record at the close of business on July 10, 2025. Verizon continues to take a strategic and disciplined approach to achieving its financial goals by focusing on targeted customer segments and integrating its services to deliver greater personalization. Building on its financial strength, Verizon continues to invest in its business and drive innovation to better serve its customers. "As
NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on May 1, 2025, to Verizon shareholders of record at the close of business on April 10, 2025. Verizon demonstrated strong performance in 2024, as it more than doubled wireless postpaid phone net additions compared to 2023, and continued to take broadband market share with Fios and fixed wireless access. The company delivered on financial guidance with impactful revenue growth and operational results and is well positioned t
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on February 3, 2025, to Verizon shareholders of record at the close of business on January 10, 2025. "Our focus on creating excellent connected life experiences for our customers every day empowers us to pay a consistent dividend, which we have increased for 18 consecutive years," said Chairman and CEO Hans Vestberg. "With the largest consumer wireless base in the U.S., industry leading share in business, and strong cash flow, we a
Key Takeaways: Verizon reaches fixed wireless access subscriber target 15 months ahead of scheduleCustomer demand for broadband solutions accelerates fixed wireless and fiber rolloutFixed wireless subscribers on path to double to 8-9 million by 2028Fiber network expected to expand to 35-40 million passings over time NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today announced an update to its broadband strategy, with new fixed wireless subscriber goals, household targets and broadband offerings to accelerate its premium broadband and mobility services to millions more customers nationwide. Verizon has more than 11.9 million total broadband co
Key Highlights: Increases scale with 2.2 million fiber subscribers and will extend Verizon's network reach to 25 million premises across 31 states and Washington, D.C.Transaction valued at $20 billion, expected to be accretive to revenue and Adjusted EBITDA growth upon closingVerizon reaffirms full-year 2024 guidanceProjected to generate at least $500 million in annual run-rate cost synergiesVerizon to host investor conference call today at 8:00 AM Eastern Time NEW YORK and DALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) and Frontier Communications Parent, Inc. (NASDAQ:FYBR) today announced they have entered into a definitive agreement for Verizo
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2024, to Verizon shareholders of record at the close of business on October 10, 2024. This is the 18th consecutive year Verizon's Board has approved a quarterly dividend increase. "Our strong focus on three key pillars – wireless service revenue growth, adjusted EBITDA expansion, and free cash flow generation – has once again put the Board in a position to raise the dividend," said Chairma
What you need to know: Verizon recently added 20 new small cells and added 5G capacity to 31 existing cell sites in Myrtle Beach, and added a new cell site to offer expanded 4G and 5G coverage and added 5G capacity to eight existing cell sites in Hilton Head.Beachgoers are more likely to bring their phones to the beach than a chair, umbrella, or cooler.Among those who have worked from the beach, nearly 1 in 5 say they've done so secretly, without telling their boss or coworkers (18%). MYRTLE BEACH, S.C., June 18, 2024 (GLOBE NEWSWIRE) -- Whether sharing beach volleyball pictures on social media, attending a quick work conference call, or making online dinner reser
NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 66.50 cents per outstanding share, consistent with the previous three quarters. The quarterly dividend is payable on August 1, 2024, to Verizon shareholders of record at the close of business on July 10, 2024. "Our commitment to delivering a consistent dividend reflects both our confidence in the strength of our cash flow and our dedication to creating value for our shareholders," said Chairman and CEO Hans Vestberg. "We are focused on putting the Board in a position to raise the dividend again later this year, which we have done for
NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Verizon Communications Inc. ((NYSE, NASDAQ:VZ) today declared a quarterly dividend of 66.50 cents per outstanding share, unchanged from the previous two quarters. The quarterly dividend is payable on May 1, 2024, to Verizon shareholders of record at the close of business on April 10, 2024. "We are one of the strongest cash generating companies in the industry, and we are proud to have raised our dividend 17 years in a row," said Chairman and CEO Hans Vestberg. "We continue to focus on maximizing value for our shareholders and executing our network-as-a-service strategy." Verizon has approximately 4.2 billion shares of
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