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Verizon rated 'Strong Buy' for undervaluation, 6.7% yield, and growth under new CEO

Analyst Insights
09 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Verizon is rated a 'Strong Buy' due to its attractive undervaluation, offering a 6.7% dividend yield and showing improving fundamentals under new leadership. Key growth drivers include increased postpaid phone subscribers, broadband momentum, integration of Frontier fiber, and AI-driven efficiencies that support margin expansion. The stock trades at a forward P/E of 8.6, below historical and peer averages, suggesting potential for double-digit total returns combining yield and earnings growth. This makes Verizon an appealing option for income-focused investors seeking value and growth.

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