VIV stock icon

Telefônica Brasil
VIV

$8.23
2.37%
 

About: Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 99 million customers, which is equal to about 40% market share. The firm is strongest in the postpaid business, where it has 62 million customers, or about 42% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6.6 million households on this network. The firm also sells pay-tv and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 8% of total revenue.

Employees: 35,039

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

14% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 21

2% more funds holding

Funds holding: 179 [Q4 2023] → 182 (+3) [Q1 2024]

0.45% less ownership

Funds ownership: 7.67% [Q4 2023] → 7.22% (-0.45%) [Q1 2024]

1% less call options, than puts

Call options by funds: $888K | Put options by funds: $897K

9% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 64

14% less capital invested

Capital invested by funds: $938M [Q4 2023] → $809M (-$129M) [Q1 2024]

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$11
34%
upside
Avg. target
$12.38
50%
upside
High target
$13.5
64%
upside

4 analyst ratings

positive
0%
neutral
100%
negative
0%
Barclays
Mathieu Robilliard
46%upside
$12
Equal-Weight
Maintained
9 May 2024
Barclays
Mathieu Robilliard
58%upside
$13
Equal-Weight
Maintained
23 Apr 2024
Barclays
Mathieu Robilliard
64%upside
$13.5
Equal-Weight
Maintained
26 Feb 2024
Morgan Stanley
Cesar Medina
34%upside
$11
Equal-Weight
Downgraded
5 Jan 2024

Financial journalist opinion