Skip to main content
Assets
Verizon Communications logo
VZ.NYSE
Verizon Communications
Communication Services · Integrated Telecommunication Services

Telecommunications company providing wireless and wireline communications services and digital solutions to consumers and businesses.

HQ: United StatesListed: United States

Historical AI Opinions

Audit every published iPulse AI forecast batch and immutable historical research document for Verizon Communications.

Verizon Communications Inc. (VZ.NYSE) AI OPINIONS & ADVISOR ANALYSIS

Read and compare the 14 individual AI Advisor deep-dive reports, including their forecast paths, ratings, price targets, and reasoning.

Updated on 20 September 2026Deep analysis 20 September 2026

25 min readAudit All Past Forecasts

1. Investment Thesis — Base Case

Verizon's central tension is arithmetic versus duration. The operating business is genuinely inflecting - record Q2 2026 cash from operations of $10.4bn, churn at 84 basis points, guidance raised three times [1][4] - yet the shares are owned for a dividend that must compete with a 5.0% ten-year Treasury. The base case resolves this slowly rather than dramatically: near $22bn funds the dividend, up to $4.5bn of repurchase and toward 2.0-2.25x, while the multiple stays anchored close to ten times earnings. Return arrives through cash and share-count reduction, not through rerating.

  • FY2026 guided of $21.94-22.14bn against roughly $201bn market capitalisation is a ~11% yield [2].
  • Ten times a guided $5.00 adjusted , compounding low single digits, supports a high-fifties price by 2031.
  • near 8x already embeds zero growth, so execution need only avoid disappointment.

Historical prices and published forecast

Historical prices and published forecastObserved prices and the selected advisor's published projection share a split-adjusted price basis. Prices after the forecast start are later observations, not information known at publication. Forecasts are uncertain. Values in USD.28.0836.5445.0153.4761.93Sep 2021Mar 2024Sep 2026Mar 2029Sep 2031Forecast starts
  • Observed price
  • Published advisor forecast
Observed prices and the selected advisor's published projection share a split-adjusted price basis. Prices after the forecast start are later observations, not information known at publication. Forecasts are uncertain. Values in USD.
View chart values
Historical prices and published forecast — published chart values
SeriesDateValue (USD)
Observed price2021-09-1754.3
Observed price2021-09-3054.4
Observed price2021-10-0952.6
Observed price2021-10-1351.9
Observed price2021-10-2253.1
Observed price2021-11-0852.5
Observed price2021-11-3051.2
Observed price2021-12-0950.4
Observed price2021-12-2252.8
Observed price2021-12-3052.4
Observed price2022-01-0853.7
Observed price2022-01-2552.9
Observed price2022-02-1653.6
Observed price2022-03-0554.4
Observed price2022-03-1452.5
Observed price2022-03-2351.1
Observed price2022-04-0953.2
Observed price2022-04-1353.6
Observed price2022-05-0147.2
Observed price2022-05-1448.4
Observed price2022-05-2751.3
Observed price2022-06-0951.1
Observed price2022-06-1749.4
Observed price2022-07-0551.4
Observed price2022-07-2244.5
Observed price2022-07-3146.0
Observed price2022-08-0444.5
Observed price2022-08-2144.2
Observed price2022-09-0341.3
Observed price2022-09-1641.0
Observed price2022-10-0836.5
Observed price2022-10-1235.9
Observed price2022-10-3037.7
Observed price2022-11-0737.5
Observed price2022-11-2038.8
Observed price2022-12-0837.3
Observed price2022-12-2538.8
Observed price2022-12-2939.5
Observed price2023-01-1141.8
Observed price2023-02-0241.5
Observed price2023-02-1539.9
Observed price2023-02-1939.5
Observed price2023-03-1336.9
Observed price2023-03-1737.3
Observed price2023-04-0439.9
Observed price2023-04-1239.3
Observed price2023-05-0437.8
Observed price2023-05-0837.7
Observed price2023-05-2635.0
Observed price2023-06-0335.2
Observed price2023-06-2536.1
Observed price2023-06-2937.0
Observed price2023-07-1731.5
Observed price2023-07-2534.2
Observed price2023-08-0732.6
Observed price2023-08-2033.2
Observed price2023-09-0234.6
Observed price2023-09-1533.8
Observed price2023-10-0331.8
Observed price2023-10-1630.9
Observed price2023-11-0235.8
Observed price2023-11-1135.8
Observed price2023-11-2837.8
Observed price2023-12-0238.4
Observed price2023-12-1537.4
Observed price2023-12-2837.8
Observed price2024-01-0640.2
Observed price2024-02-0142.4
Observed price2024-02-1039.8
Observed price2024-02-2340.7
Observed price2024-03-0739.5
Observed price2024-03-1539.6
Observed price2024-04-0242.7
Observed price2024-04-1940.4
Observed price2024-05-0239.0
Observed price2024-05-1540.5
Observed price2024-05-2839.1
Observed price2024-06-0641.3
Observed price2024-06-1439.7
Observed price2024-07-1541.8
Observed price2024-07-1940.6
Observed price2024-07-2339.6
Observed price2024-08-0140.8
Observed price2024-08-1840.6
Observed price2024-09-0942.9
Observed price2024-10-0145.0
Observed price2024-10-0544.2
Observed price2024-10-1843.9
Observed price2024-10-2741.9
Observed price2024-11-0940.6
Observed price2024-11-2644.3
Observed price2024-11-3044.0
Observed price2024-12-2240.0
Observed price2024-12-3140.1
Observed price2025-01-1338.1
Observed price2025-01-2138.9
Observed price2025-02-1240.6
Observed price2025-02-1641.1
Observed price2025-03-0644.2
Observed price2025-04-0145.4
Observed price2025-04-0543.0
Observed price2025-04-1444.3
Observed price2025-04-2742.5
Observed price2025-05-1442.5
Observed price2025-05-1844.2
Observed price2025-06-0944.0
Observed price2025-06-1841.7
Observed price2025-07-0143.3
Observed price2025-07-1441.4
Observed price2025-08-0442.5
Observed price2025-08-1343.4
Observed price2025-08-1744.6
Observed price2025-09-0843.8
Observed price2025-09-3043.8
Observed price2025-10-0442.2
Observed price2025-10-0840.9
Observed price2025-10-3039.0
Observed price2025-11-0339.3
Observed price2025-11-1641.0
Observed price2025-12-0441.3
Observed price2025-12-2140.1
Observed price2025-12-3040.7
Observed price2026-01-1639.5
Observed price2026-01-2039.2
Observed price2026-02-1148.1
Observed price2026-02-1548.8
Observed price2026-03-0551.0
Observed price2026-03-1350.6
Observed price2026-04-0448.9
Observed price2026-04-0847.9
Observed price2026-04-1345.4
Observed price2026-05-1747.1
Observed price2026-05-2648.4
Observed price2026-05-3047.4
Observed price2026-06-2145.5
Observed price2026-06-2545.6
Observed price2026-07-0442.3
Observed price2026-07-2144.1
Observed price2026-08-1247.4
Observed price2026-08-1648.1
Observed price2026-09-0250.6
Observed price2026-09-1150.8
Observed price2026-09-2246.5
Observed price2026-09-2547.1
Published advisor forecast2026-09-1848.1
Published advisor forecast2026-12-1847.1
Published advisor forecast2027-03-1848.5
Published advisor forecast2027-06-1847.1
Published advisor forecast2027-09-1848.5
Published advisor forecast2027-12-1850.0
Published advisor forecast2028-03-1851.0
Published advisor forecast2028-06-1851.5
Published advisor forecast2028-09-1852.5
Published advisor forecast2028-12-1853.0
Published advisor forecast2029-03-1853.5
Published advisor forecast2029-06-1854.6
Published advisor forecast2029-09-1853.5
Published advisor forecast2029-12-1854.6
Published advisor forecast2030-03-1855.7
Published advisor forecast2030-06-1856.2
Published advisor forecast2030-09-1856.8
Published advisor forecast2030-12-1857.4
Published advisor forecast2031-03-1857.9
Published advisor forecast2031-06-1858.5
Published advisor forecast2031-09-1859.1

2. Scenarios & Signals

Bull case

The bull case activates when falling long yields meet a cash-flow step-up that the market has not yet capitalised. Disinflation through 2028 pulls the ten-year toward 3.5%, widening Verizon's dividend spread and pulling income capital back; simultaneously the promotional amortization reversal and disciplined C-band bidding push above $23bn, funding accelerated repurchase against a shrinking share count. toward twelve times then compounds with rising , delivering total returns well into the mid-teens annually.

Bear case

The bear case activates if the energy-driven inflation regime persists and the auction turns competitive at the same moment. Long yields above 5.5% widen the required just as a $15-20bn spectrum outlay halts repurchase and lifts leverage past 2.8x; management then defends the payout by cutting fibre investment, which weakens the convergence bundle and lets churn drift back above 100 basis points. Falling and a contested dividend compress the multiple toward eight times.

Current crowd narrative

The settled belief is that Verizon is a repaired but permanently slow : turnaround credited, upside spent. MarketBeat's September 17, 2026 tally shows 8 Buy against 12 Hold with a $50.97 average target, barely above the trading band [5], and commentary places the shares near the top of their one-year range [19]. The anchoring bias is the itself - investors price the coupon and ignore the cash-flow mechanics beneath it.

Alpha-gap assessment

The crowd modestly underestimates these shares. The evidence chain: promotional amortization peaked in 2026 and becomes a 2027 tailwind [8], is guided $1bn below the $17.5bn norm while fibre pace is maintained [12], and Frontier debt was retired six months early [9]. Each is mechanical, not cyclical, yet the market applies a static ten-times multiple appropriate to a decaying utility. The blind spot is treating a durable cash-conversion step-up as a one-off beat, leaving per-share economics undervalued rather than the business overvalued.

Convergence catalyst

The FY2026 report in late January 2027 is the recognition trigger: landing in the guided $21.94-22.14bn band [2] alongside 2027 guidance that embeds the amortization reversal. The first observable sign of repricing is analysts lifting targets through $53 and hold ratings converting to buy.

Complete advisor preview locked

Unlock this report and every AI Advisor

Sign in to check your access, or upgrade to the Base plan to read this report and open every advisor.