Verizon is reaffirmed as a Buy due to its attractive valuation and a high forward dividend yield of 6.66%. The company raised its full-year 2026 earnings per share guidance to $4.95–$4.99, driven by strong net additions in postpaid phone and broadband services. Despite risks from competition and some recent technical weakness, Verizon's fundamentals remain solid, supported by $6.55 free cash flow per share over the past year. The recent price correction has brought Verizon into a key support zone, making it a favorable entry point ahead of its Q2 earnings report on July 24. The company also announced upcoming layoffs as part of cost-cutting efforts under CEO Daniel Schulman, reflecting a broader trend of efficiency focus amid rising costs.
Payments company Stripe and private equity firm Advent International jointly offered to acquire PayPal for $60.50 per share, valuing the company at over $53 billion, a 28% premium to its recent closing price. The offer, backed by about $50 billion in...
HSBC downgraded Verizon stock to 'Reduce' due to concerns over competition from SpaceX's Starlink entering the U.S. mobile market. Bernstein also lowered its price target, citing long-term threats to Verizon's profits and growth. Analyst Jim Cramer e...
Verizon has introduced the Gizmo Watch 4, a new kid-friendly smartwatch designed to enhance child safety with features like real-time location tracking, watch removal alerts, and soon, severe weather notifications. The watch integrates with the Veriz...
Four American small businesses—The Balm Box, House of Perna, TWB Tours, and Renewed Focus—will compete in the finals of Verizon's Small Business Super Pitch on July 17, 2026, in Hoboken, NJ. Selected from over 500 competitors, these finalists will pi...
