Telefônica Brasil (VIV)

• Market cap: $20.3B
• 1 day: 1.44%
• 5 days: 3.27%
• 1 month: 2.02%
• 3 months: 15%
• 6 months: 40.87%
• Year to date: 65.36%
• 1 year: 25.5%
• 5 years: 41.03%
• 10 years: 21.17%
• Sector: Communication Services
• Industry: Telecom Services

About: Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 102 million customers, which is equal to about 39% market share. The firm is strongest in the postpaid business, where it has 68 million customers, or about 41% 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 also owns an extensive fiber network across the country. The firm provides internet access to 8 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 9% of total revenue.

Employees: 35,986

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

160% more call options, than puts

Call options by funds: $13K | Put options by funds: $5K

110% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 39

62% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 21

5% more funds holding

Funds holding: 179 [Q1] → 188 (+9) [Q2]

0% more capital invested

Capital invested by funds: $716M [Q1] → $719M (+$2.87M) [Q2]

1.16% less ownership

Funds ownership: 5.03% [Q1] → 3.87% (-1.16%) [Q2]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12.5
• Avg. target: $12.7
• High target: $13

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Goldman Sachs Diego Aragao	$12.6	Buy Maintained	19 Aug 2025
Barclays Mathieu Robilliard	$13	Overweight Maintained	7 Aug 2025
Scotiabank Andres Coello	$12.5	Sector Perform Maintained	31 Jul 2025