Verizon reported Q3 2026 revenue of US$34.313b and net income of US$5.198b, and raised its full-year outlook. The company expanded AI-focused connectivity deals with Amazon and Alphabet and committed US$5b over five years to a Small Business Supplier Accelerator for US suppliers. The article says stronger subscriber trends and enterprise AI Connect contracts show Verizon pairing network scale with more durable customer relationships. An analyst narrative points to forecast revenue of US$147.7b and earnings of US$23.0b by 2029, based on assumed 2.1% annual revenue growth. Key risks include intense competition, heavy capital spending and new pressure from satellite players.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
VZtelecommunicationsartificial intelligenceearnings
Open a keyword to see other news on the same topic.
Related news
- Verizon Communications ( NYSE : VZ ) CEO Kyle Malady Sells 1 , 100 Shares of Company Stock
Verizon CEO Kyle Malady sold 1,100 shares on Tuesday, October 20th, at an average price of $44.48, for a total of $48,928. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and he held 99,966 shares afterwards, a 1.09% reduction in his stake. The article notes he has sold 1,100 shares several times on Tuesdays since August 18th. VZ shares fell 2.1% to $43.62 in Wednesday trading. The company's latest quarterly results showed EPS of $1.30, beating the $1.27 consensus, while revenue of $34.25 billion fell short of the $35.16 billion estimate.
- Verizon Yields Over 6 %. These 3 Dividend Giants Offer More Income Opportunities
The article highlights four high-yield dividend payers, Verizon (VZ), Realty Income (O), Altria Group (MO) and PepsiCo (PEP), whose profits or cash flow exceed their dividends. Verizon yields 6.18%, with trailing EPS of $3.84 against an annual dividend of $2.795 per share, and first-half free cash flow of $10.2B versus $5.9B in dividends paid, though its quarterly reported earnings fell 22% year over year. Realty Income has declared 673 consecutive monthly dividends, yields 5.84%, and raised its 2026 AFFO guidance to $4.44–$4.45 per share against an annualized forward dividend of $3.258. Altria shares rose 35% year to date, as a roughly 7% retail price increase on Marlboro offset a roughly 5% decline in industry volume.
- Twilio Q3 Earnings Beat Estimates on Strong Revenue Growth
Twilio (TWLO) beat Zacks consensus estimates on both earnings and revenue for third-quarter 2026, with non-GAAP EPS of $1.65, 13% above consensus and up 32% year over year. Revenue rose 20% to $1.56 billion, driven by product strength and demand from AI-native customers, while messaging revenue grew 24%, including about seven percentage points from incremental U.S. carrier fees. Non-GAAP gross margin fell 90 basis points to 49.2% due to $53 million of incremental U.S. carrier pass-through fees, while free cash flow rose about 49% to $369.6 million. Twilio raised its 2026 reported revenue growth outlook to 20% from 18–18.5%, and expects fourth-quarter revenue of $1.595 billion to $1.605 billion. Management expects organic revenue growth of at least 10% in 2027, above its earlier long-term framework of 7–8%.
- SpaceX's Q3 revenue beats expectations: Earnings breakdown
SpaceX (SPCX) reported third-quarter results after Tuesday's close, with revenue of $14.58 billion versus analysts' estimates of $12.87 billion and net income of $4.4 billion versus about $1.9 billion expected. Connectivity revenue reached $5.25 billion against $4.9 billion expected, while the presenter cited AI revenue of $7.56 billion as the largest revenue component. Total costs rose to $11.8 billion, above the $11.2 billion estimate, but total capex of $19.59 billion came in slightly below the $19.68 billion forecast, and EBITDA of $8.81 billion beat the $6.59 billion estimate. Shares were up about 1% in after-hours trading, and the CFO said the company delivered another strong quarter while focusing on capital efficiency and a robust investment-grade balance sheet.
- 3 Absurdly Cheap Stocks to Buy Before the End of 2026
The article names three stocks the author considers undervalued: Viking Therapeutics (VKTX), Verizon (VZ), and Royal Caribbean (RCL). Viking closed below $27, after hitting more than $40 less than a month earlier, and its GLP-1 drug VK2735 showed 16% to 19% weight loss over 21 weeks in trials; however, it has no approved drug yet, is burning cash, and has a market cap of about $3 billion. Verizon yields 6.6% with a payout ratio of around 70%, and the author believes fears that SpaceX's Starlink will disrupt telecom are overblown. Royal Caribbean said it will acquire a 50% stake in Sandals and Beaches Resorts for $3 billion; its stock briefly hit a 52-week low of about $222 before recovering, and the company raised guidance to 9% revenue growth and 14% adjusted earnings growth. The author notes Verizon trades at nine times and Royal Caribbean at 11 times estimated future profits.
- Telecom Stocks: Can AI, Robotics Break The SpaceX Standoff?
Telecom stocks have been under pressure from SpaceX. The article asks whether Elon Musk could use 'physical AI' to reach a wireless network deal.
Related markets
Latest news
- Is Intel Stock a Buy After Its Post-Earnings Plunge?
Intel shares fell sharply after hours on Thursday, from a $92.07 regular-session close to about $71, following third-quarter results. Revenue rose 21% year over year to $16.5 billion and adjusted EPS of $0.52 beat guidance, but the fourth-quarter outlook of $15.0–16.0 billion in revenue and $0.25 in EPS was weaker. Data center and AI revenue jumped 78% to $7.3 billion, while PC-related revenue fell 5% to $8.1 billion. Intel expects PC segment revenue to drop over 20% next quarter as industry PC units shrink about 12% in 2026 and 10% in 2027, and an accident that shut its Fab 28 plant in Israel also weighs on results. The author judges it is not yet time to buy, given the stock trades near 33 times expected 2027 earnings and the diluted share count is expected to be about 20% above the third quarter of 2025.
- Elon Musk 'trolls' over Binance hack, CZ bluntly says: 'I deeply respect you, please stop'
Binance co-founder Changpeng Zhao (CZ) asked Elon Musk to stop 'trolling' the exchange after the SpaceX and Tesla CEO posted emoji that appeared to mock the cyberattack on Binance, which caused losses of 6.3 billion USD on October 29. CZ pointed out that Binance holds SpaceX shares worth over 1 billion USD, stemming from its 500 million USD investment in Musk's Twitter acquisition, though this is a tiny fraction of SpaceX's valuation of about 2,000 billion USD. The feud is not new: in November 2021, Musk called Binance's temporary suspension of Dogecoin withdrawals 'shady', and CZ responded by citing Tesla's recall of nearly 12,000 vehicles in the US.
- Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likes
CNBC's Jim Cramer said investors seeking to diversify away from the struggling AI trade should consider consumer staples stocks. In October the Nasdaq-100 fell almost 7% as money rotated into defensive sectors, while the consumer staples index rose 11.4%. Cramer highlighted four stocks: Kimberly-Clark (up nearly 11% in October, under 15 times earnings, 4.7% dividend yield, with a pending merger with Kenvue); Procter & Gamble (up 11%, seen as attractive after better-than-expected quarterly results, though he prefers Kimberly-Clark's lower valuation and higher yield); Constellation Brands (up 20%, about 11 times earnings, yield above 3%, showing signs of a turnaround); and Coca-Cola (up 9%, after a strong quarter driven by volume).
- Why Bright Horizons Family Solutions Stock Swooned on Friday
Bright Horizons Family Solutions (BFAM) stock fell almost 18% on Friday after the child care company cut its 2026 guidance. For the third quarter, revenue of nearly $841.5 million rose almost 5% year over year, and adjusted EPS of $1.80 beat the $1.76 analyst estimate, though revenue missed the roughly $842.7 million consensus. Full-year 2026 revenue is now expected at about $3.07 billion, down from almost $3.09 billion to just under $3.12 billion, and adjusted EPS guidance was lowered to $4.98–$5.03 from $5.05–$5.15. Management attributed the cuts to an ongoing UK regulatory safeguarding notice and a softening child care market in Australia, which prompted an internal review of strategic alternatives for that business. The article notes the stock looks cheap on valuation metrics but needs growth from its full-service centers and a resolution of the Australia situation to draw renewed investor interest.
- What Are Dell Investors Betting On?
A Trefis analysis says Dell Technologies (DELL) trades at 26.6 times adjusted earnings over the twelve months to July 2026, so buyers at that price are betting on much higher profit. Consensus forecasts put fiscal 2027 profit at $18.5 billion, versus $7.05 billion in fiscal 2026, and sales at $195 billion, up from $113.5 billion. Revenue grew 71% in the first half of fiscal 2027, and management raised its full-year sales guidance to $192 billion from $167 billion, with AI server revenue expected at $74 billion and a record $95 billion AI backlog. The main risk the article identifies is the net margin: consensus assumes 9.5% in fiscal 2027 versus 6.2% in fiscal 2026, while AI servers carry lower margins and Dell is supply constrained on DRAM and NAND memory chips. If Dell misses that margin, the article says investors would be paying for profit not yet shown over a full year, making the stock more of a gamble.
- Veteran fund manager revamps Alphabet stock price target after brutal sell-off
Alphabet shares plunged after disappointing earnings, but a veteran fund manager still sees reasons to be positive on the Google parent. The manager has revised the stock's price target following the sharp sell-off.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.