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Verizon stock downgraded amid fears of competition from SpaceX's Starlink in U.S. mobile market

Analyst Insights
14 Jul 2026
Gordon Thompson
View Source
Bearish
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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 echoed bearish views, warning investors against Verizon and AT&T due to Starlink's potential impact, especially in suburban areas. This signals growing investor caution about Verizon's future in a changing telecom landscape.

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