Verizon Leads Telecom Stocks in 2026 as T-Mobile Slips

Earnings
โดย 24/7 Wall St.·US·Read original
Summary · why it matters

Verizon Communications has emerged as the clear winner among major telecom stocks in 2026, with shares up 29% year-to-date, while T-Mobile dropped 9%, and AT&T gained 7%. Only Verizon beat the S&P 500's 13% gain, as dividend yield and fiber execution proved more valuable than 5G branding. Verizon's Q2 adjusted EPS of $1.30 beat consensus, and the company raised its full-year guidance to $4.99-$5.04 and expanded buybacks to $4.5 billion. AT&T also beat estimates with EPS of $0.65, accelerated buybacks to $10 billion, and generated $4.67 billion in quarterly free cash flow. T-Mobile reported the highest revenue growth at 7.9% but saw its stock decline amid narrowing subscriber growth and activist pressure on Deutsche Telekom.

Impact on stocks 4

Cloud & Digital Infrastructure± Mixed · 4 stocks
T-Mobile US Inc
TMUS
▼ NegativeDemandrelevance

T-Mobile's stock declined amid narrowing subscriber growth despite highest revenue growth.

AT&T Inc.
T
▲ PositiveCapitalrelevance

AT&T beat EPS estimates, accelerated buybacks to $10B, and generated strong free cash flow.

Deutsche Telekom AG
DTE
▼ NegativeCapitalrelevance

Activist pressure on Deutsche Telekom is mentioned as a factor in T-Mobile's decline.

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