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41.65 USD
-4.70
10.14%
At close Updated Oct 9, 4:00 PM EDT
Pre-market
After hours
41.81
+0.16
0.38%
1 day
-10.14%
5 days
-9.34%
1 month
-16.26%
3 months
-1.4%
6 months
-12.83%
Year to date
2.79%
1 year
2.01%
5 years
-20.18%
10 years
-17.02%
 

About: Wireless services account for 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.

Employees: 89,900

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 54.7%
Neutral 32.4%
Negative 13%
Negative
The Motley Fool
1 day ago
Stock Market Today, Oct. 9: Verizon Slides on SpaceX Spectrum Deal and Scotiabank Target Cut
Today, Oct. 9, 2026, SpaceX's low-band spectrum acquisition sparked a wireless sector rout, with Verizon down 10% and peers tumbling even steeper.
Stock Market Today, Oct. 9: Verizon Slides on SpaceX Spectrum Deal and Scotiabank Target Cut
Negative
The Motley Fool
1 day ago
Why Verizon Stock Just Crashed
SpaceX just signed a deal to buy Grain Management's satellite spectrum. SpaceX says it aims to "become a major mobile carrier in the US.
Why Verizon Stock Just Crashed
Negative
Schwab Network
1 day ago
SPCX Low-Band Spectrum License Expands Mobile Opportunities; VZ, T & TMUS Plunge
Verizon (VZ), AT&T (T), T-Mobile (TMUS) and other mobile carriers sold off on Friday after SpaceX (SPCX) announced it acquired a low-band spectrum license. As Marley Kayden explains, it allows the Elon Musk-led firm to expand mobile carrier opportunities.
SPCX Low-Band Spectrum License Expands Mobile Opportunities; VZ, T & TMUS Plunge
Negative
CNBC
1 day ago
Verizon stock heads for worst day since 2002 as SpaceX U.S. network plans whack telcos
Telecom stocks sank on Friday after Elon Musk's SpaceX announced an agreement to purchase a nationwide spectrum portfolio. Verizon, T-Mobile and AT&T all sold off while SpaceX climbed slightly.
Verizon stock heads for worst day since 2002 as SpaceX U.S. network plans whack telcos
Positive
Benzinga
1 day ago
SpaceX Just Spooked Verizon. The Sneaky Winners May Be America's Cell-Tower Owners
Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) push into wireless is creating an unexpected split in the stock market: traditional telecom carriers are under pressure, while the companies that own their physical infrastructure are climbing.
SpaceX Just Spooked Verizon. The Sneaky Winners May Be America's Cell-Tower Owners
Negative
Market Watch
1 day ago
As AT&T, Verizon and T-Mobile shares fall, Wall Street assesses the growing SpaceX threat
SpaceX still has a ways to go before it can seriously challenge the three major wireless operators, but it's making moves to grow its capabilities.
As AT&T, Verizon and T-Mobile shares fall, Wall Street assesses the growing SpaceX threat
Negative
Schaeffers Research
1 day ago
AT&T, Telecom Stocks Sink as SpaceX Acquires Spectrum Portfolio
AT&T Inc (NYSE:T) stock is down 7% to trade at $22.87 this morning.
AT&T, Telecom Stocks Sink as SpaceX Acquires Spectrum Portfolio
Neutral
Yahoo Finance
1 day ago
SpaceX buys wireless spectrum. Should AT&T and Verizon be worried?
Delta cuts its full-year outlook after higher fuel costs weighed on its third quarter, and its CFO says "it's all fuel." Yahoo Finance's Julie Hyman, Jake Conley and Pras Subramanian break down Delta's refinery edge, rising airfares and its Starlink spat with Elon Musk, then ask whether SpaceX's purchase of low-band spectrum is a real threat to AT&T, Verizon and T-Mobile.
SpaceX buys wireless spectrum. Should AT&T and Verizon be worried?
Neutral
Proactive Investors
1 day ago
SpaceX's Starlink mobile push puts pressure on AT&T, T-Mobile and Verizon
SpaceX Corp (NASDAQ:SPCX)'s Starlink's new mobile push has put pressure on mobile operators like AT&T Inc (NYSE:T, XETRA:SOBA), T-Mobile US Inc (NASDAQ:TMUS, XETRA:TM5) and Verizon Communications Inc (NYSE:VZ, XETRA:BAC). The US aerospace company is moving closer to challenging America's biggest wireless carriers after agreeing to acquire nationwide mobile spectrum for Starlink Mobile.
SpaceX's Starlink mobile push puts pressure on AT&T, T-Mobile and Verizon
Neutral
24/7 Wall Street
1 day ago
SpaceX Climbs 4% on Nationwide Low-Band Spectrum Deal for Starlink Mobile; Verizon and AT&T Drop 7%
A nationwide spectrum purchase by SpaceX (NASDAQ:SPCX | SPCX Price Prediction) is reshaping the competitive map for U.S. wireless, and the established carriers are taking the hit. SpaceX stock is at $166.
SpaceX Climbs 4% on Nationwide Low-Band Spectrum Deal for Starlink Mobile; Verizon and AT&T Drop 7%
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