Skip to Content

Verizon Communications Inc VZ Stock Quote

| Rating as of

Morningstar‘s Stock Analysis VZ

Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Verizon Will Likely Struggle to Grow as Rivals Gradually Gain Wireless Share

Business Strategy and Outlook

| Michael Hodel, CFA |

Verizon is primarily focused on the wireless business, where the firm has taken steps to ensure it remains well positioned in the traditional wireless business, building fiber deeper into major metro areas, acquiring a huge chunk of spectrum in 2021, and ramping up spending to put that spectrum to use. We believe Verizon will deliver consistent results over the long term, but growth will likely be modest. Rivals AT&T and T-Mobile offer comparable services and sell at similar prices, which we expect will diminish Verizon's market share lead over time.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics VZ

Company Profile VZ

Business Description

Verizon is primarily a wireless business (nearly 80% of revenue and nearly all operating income). It serves about 93 million postpaid and 23 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services.

1095 Avenue of the Americas
New York, NY, 10036
T +1 212 395-1000
Industry Telecom Services
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 118,400

Related News VZ