Insight Guru says Verizon valuation implies recovery, with VZ at 12.2x earnings versus AT&T at 8.2x
VZ•Insight Guru said Verizon’s valuation implies a recovery, with shares at 12.2 times earnings versus AT&T at 8.2 times. Verizon raised its 2026 plan revenue growth forecast to 2.5%-3.0%, and expects about 4% growth in the fourth quarter.
1. Valuation and performance
Insight Guru flagged Verizon’s valuation as pricing in a recovery: shares traded at 12.2 times earnings versus AT&T at 8.2 times. Verizon’s past-year return was 16.6%, while last-twelve-month revenue growth was 1.4%, operating margin was 20.5%, and three-year earnings per share declined 8.4% annually.
2. Second-quarter figures
Second-quarter 2026 data showed 184,000 net postpaid phone additions, Verizon’s first consumer postpaid gain since 2021. Plan revenue rose 2.8% to $23.4 billion, while wireless service revenue fell 0.7% to $20.8 billion and total revenue slipped 0.7%. The 2026 plan revenue growth forecast was raised to 2.5%-3.0%, with about 4% expected in the fourth quarter.
