Verizon Communications VZ

$43.10 -1.56 (-3.49%)

Valuation

Market cap
185,552,240,000
Revenue TTM
$138,191,000,000
Net income TTM
$17,174,000,000
PE ratio
9.26
Forward PE
8.98
Profit margin
12.43%
Debt to equity
1.57

Trading

Volume
45,147,922
Avg volume
23,082,104
Day's range
$42.47 – $43.84
Shares out
4,154,775,000
Stochastic %K
68%
Beta
0.26
Analysts
Sell
Price target
$51.16

Price

Company profile

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United Stat...

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Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. 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.

Industry
Telecom Services
Sector
Communication Services
Phone
212 395 1000
Website
https://www.verizon.com
Address
1095 Avenue of the Americas, New York, United States

Latest news

Stocktwits

SeanDavid Oct 26, 8:25 PM
Verizon just signed a $2B+ fiber deal with AWS to connect AI data centers, and says it is in talks with other hyperscalers and neoclouds. Telecom is no longer just selling phones. It is selling the arteries of the AI buildout. $VZ $AMZN
0 replies
trumpdisasterprez Oct 26, 8:14 PM
$VZ $SPCX $TMUS So far Starlink partner T-Mobile says the interest in Starlink is "less than we anticipated". The number of new Starlink customers missed estimated numbers last quarter, and the margins on those customers dropped pretty quickly over 6 months. AND Amazon is about to start competing with them seriously for their corporate customers with much better tech than what Elon has falling out of the sky at the moment. Not super impressed. Newer generation satellites rely on (currently) very slow to deploy, very expensive Starship flights. Starship (V3!) being years behind schedule and not yet re-useable. Elon has a LOT of problems to solve before he's threatening established mobile networks. .
1 replies
KryptonResearch14 Oct 26, 8:03 PM
$VZ Verizon signed a deal worth more than 2 billion dollars to provide high-capacity fiber connectivity for AWS data centers, the $AMZN cloud unit buying capacity to move AI workloads faster. That is the second one this year. In July, Verizon signed a dark fiber deal with Google worth more than 1 billion dollars to connect data centers too. Two hyperscalers paying a phone company to connect AI data centers is a pretty different revenue stream from wireless adds, and it runs off fiber Verizon already has in the ground. We've been looking at the same trend one layer down, the physical connectivity the AI buildout actually runs on. We went deeper on that layer here: https://kryptonresearch.substack.com/p/connecting-the-future
0 replies
Oneworld782 Oct 26, 8:02 PM
$VZ Does earnings even matter? The stock price reacted much different than the prior 2 quarterly earnings announcement.
0 replies
trumpdisasterprez Oct 26, 7:55 PM
$VZ $SPCX Chess moves? I think more like the chess moves of starting a lithium refining company, a hopping car, a tunnel boring company, a stupid pickup truck, a gas turbine blade factory (🤣) I could go on and on. No one spends billions of dollars on stuff he doesn't know what to do with --quite like Elmo the Chess Master.
0 replies
SilverTrader47 Oct 26, 7:49 PM
$SPCX $T $VZ SpaceX CEO Elon Musk says if things go according to plan people will be on Mars just nine years from now. During an interview Wednesday at the Code Conference in Southern California, Musk said that "we should be able to launch people in 2024, with arrival in 2025." https://www.cbsnews.com/newyork/news/spacex-chief-elon-musk-predicts-people-on-mars-in-9-years/ I like $T and $VZ.
0 replies
tryingtoretire1 Oct 26, 7:49 PM
$SPCX just bought massive amounts of $TMUS for the recovery!! $T $VZ You guys hang in there too 💪
0 replies
tradealexxx Oct 26, 7:44 PM
$T $VZ $TMUS $TSLA ... and mars by 2009!!
0 replies