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Verizon stock drops 4% after Q3 revenue misses despite strong subscriber growth and raised outlook.

Company Fundamentals
26 Oct 2026, 16:50 WIB
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Bearish
Verizon stock drops 4% after Q3 revenue misses despite strong subscriber growth and raised outlook.

Verizon's stock fell 4% following its Q3 2026 earnings report, where revenue missed analyst expectations despite strong subscriber gains and a raised full-year outlook. The company posted its best third-quarter postpaid phone additions in five years and increased guidance for earnings and phone net additions. However, the revenue shortfall overshadowed these positives, causing investor concern. Rival stocks AT&T and T-Mobile remained steady, highlighting the market's focus on Verizon's revenue performance. Going forward, Verizon needs to convert subscriber growth into stronger revenue to regain investor confidence.

As of Oct 26, 2026 21:02 WIB, Verizon's stock trades at USD 43.43 on Pluang, down 2.75% for the day and closer to its 52-week low of USD 38.82 than its high of USD 51.45. In contrast, AT&T holds steady at USD 21.05, up 0.57%, near its 52-week low of USD 20.49, while T-Mobile remains almost flat at USD 146.65, just above its 52-week low of USD 146.61. Verizon's dividend yield of 6.34% also stands out compared to AT&T's 5.3% and T-Mobile's 3.19%.

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