VZ
Verizon Communications Inc.
VZ · Telecommunications
Company brief
VZ
VZTelecommunications$157B

Verizon Communications Inc.

Leading telecommunications provider offering wireless, broadband, and enterprise solutions with extensive fiber and 5G infrastructure across the United States

Moat score
8.5/100
13F status
Tracking pending
Main Metrics

Beginner valuation check

Price
$47.94
Next earnings
Data pending

Data pending from FMP or Finnhub.

1Y Performance
+6.6%

Positive price performance shows recent market sentiment, not a full investment thesis.

Forward P/E
9.5x

Forward P/E around 9.5x means investors pay about $9.5 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.

P/E
11.2x

A P/E around 11.2x means investors pay about $11.2 for each $1 the company earned per share over the last 12 months, usually the last four quarterly reports.

EPS
$4.1
Market Cap
$193.6B
Forward P/E is the cleanest beginner valuation anchor here; compare it with growth and recent performance.

Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.

Scenario Framework

Bull / Neutral / Bear

Neutral Case

VZ continues to monetize Verizon Consumer and Verizon Business while investors focus on whether the 9.5x forward P/E remains attractive versus modest growth.

Watch signal

Forward P/E around 9.5x remains reasonable versus growth.

What you own

Verizon Communications Inc. is exposure to telecommunications operating model with high switching costs and 108% net revenue retention.

Base thesis

Massive fiber infrastructure creates 20+ year switching costs for enterprise customers

Main risk

The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.

How to inspect it

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Investor Snapshot
8.5Moat Score
Net Revenue Retention108%
Retention RiskLow
AI Disruption RiskMedium
Switching CostsHigh
13F Ownership
Tracking pending

No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.

Investment Thesis
  • Massive fiber infrastructure creates 20+ year switching costs for enterprise customers
  • Spectrum licenses are government-granted monopolies with billion-dollar auction barriers
  • 5G Ultra Wideband coverage advantage maintains premium pricing power
  • Enterprise customers face 12-18 month migrations due to complex integrations
  • Network effects strengthen as more IoT devices connect to Verizon infrastructure
  • AI optimization of network traffic creates operational efficiency moats
  • Regulatory compliance expertise becomes more valuable as 5G security requirements expand