Analysts have raised their earnings estimates for Verizon Communications for fiscal 2026 and 2027 over the past 60 days, with the 2026 estimate up 1.21% to $5.03 and the 2027 estimate up 0.38% to $5.29. The company reported 184,000 postpaid phone net additions in the second quarter, its strongest consumer second-quarter performance in five years, while consumer postpaid phone churn fell to 84 basis points from 95 basis points in the fourth quarter of 2025. Verizon also signed an agreement worth more than $1 billion with Google to use its dark-fiber routes to connect data centers, and it is exploring deals with other hyperscalers. However, fixed wireless access net additions fell 30.6% year over year to 193,000, and total unsecured debt stood at $136.5 billion at the end of the second quarter of 2026. The stock has gained 8.2% in the past year, underperforming the Wireless National industry's 79% growth, and it carries a Zacks Rank of 3, or Hold.
Verizon Communications IncAnalysts raised earnings estimates for 2026 and 2027, and the company reported strong postpaid phone additions and a major deal with Google.
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