VZ
Verizon Communications Inc.
September 16, 2026 · intraday
- Rarity
- 1.28
- Peak move
- −4.03%
- Float cap
- $216.8B
Verizon is a holding company that provides communications, technology, information, and streaming products and services to consumers, businesses, and government entities worldwide. It operates through Consumer and Business segments, offering wireless and wireline services, broadband, fixed wireless access, IoT connectivity, security, managed network, and voice solutions. Its customers include retail consumers, enterprises, public sector organizations, carriers, and wholesale resellers.
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What we found
15 events · 1 from SEC or newswire · 0 timed with the move- Key event
major_contractVerizon signed a multi-year, multi-billion-dollar supply agreement with Corning to secure more than 80 million miles of high-density optical fiber through 2032 to expand broadband access and AI data-center network infrastructure.
analyst_ratingCiti analyst Asiya Merchant maintained a Buy rating on Corning with a $220 price target, citing its multi-year supply agreement to provide Verizon more than 80 million miles of high-density optical fiber from 2027 to 2032.
- Key event
executive_remarkSpaceX CFO Bret Johnsen criticized the three largest US carriers, saying the wireless industry 'just hasn't innovated for decades' and calling their satellite joint venture 'a cartel maybe', after AT&T CEO John Stankey said carriers handle 98% of US network traffic and satellites serve only the missing 2%.
regulatory_approvalVerizon and Frontier affiliates asked the FCC to allow discontinuation of traditional copper-based landline phone service in favor of fiber, drawing objections from Virginia's Augusta County Board of Supervisors and the Virginia State Corporation Commission, which said 5% of Verizon's Virginia customers still use wireline services.
insider_saleVerizon officer Kyle Malady sold 1,100 common shares at $51.19 for about $56,309 on September 15, 2026 under a 10b5-1 plan, after selling 4,400 shares for $219,142 in the prior three months.
SEC144 0001959173-26-006961SEC4 0001760581-26-000056institutional_flowBank of America Corp DE cut its Verizon stake by 2.0% in the second quarter, selling 1,240,255 shares to hold 60,860,766 shares, or about 1.46% of the company, worth $2.58 billion, per its latest SEC disclosure.
product_launchSamsung Electronics and Verizon completed an AI-powered Integrated Sensing and Communication field trial at a major soccer event in Texas, using Samsung's vRAN and virtualized core over a 5G network to generate real-time crowd-density heat maps without extra hardware.
- Key event
major_contractAT&T, Verizon and T-Mobile issued a joint statement saying they have agreed in principle to form a new joint venture to advance direct-to-device satellite communications, pooling their spectrum to boost capacity and extend coverage to rural dead zones via a unified platform for satellite providers.
litigation_outcomeVerizon Wireless and T-Mobile agreed to dismiss their dueling advertising lawsuits over savings claims, filing a stipulation of dismissal in Manhattan federal court after Judge Lewis Kaplan had paused T-Mobile's 'Save Over $1,000' campaign.
product_launchVerizon expanded its 6G Innovation Forum by adding nine new members including AWS, Cisco, Intel, Keysight, MediaTek, NVIDIA, Palo Alto Networks, Rohde & Schwarz and VIAVI, and reported real-world ISAC trials plus prototype AI-powered edge applications for 6G-era use cases.
analyst_ratingBernstein analyst Laurent Yoon maintained a Hold rating on Verizon with a $47.00 price target; the Street consensus is a Moderate Buy with a $50.12 average price target.
analyst_ratingWells Fargo analyst Steven Cahill called SpaceX a disruptive force in US wireless, noting Verizon's fixed wireless additions fell 31% year over year while Charter added 406,000 mobile lines, and flagging Crown Castle as a possible beneficiary with a 5.5% tower rental yield.
litigation_outcomeThe U.S. Supreme Court denied Verizon's rehearing petition, leaving in place a $46.9 million FCC fine over the company's sale of customer location data without consent.
executive_remarkVerizon CEO Dan Schulman, speaking at the Goldman Sachs Communacopia + Technology Conference, said Verizon has seen 'zero discernible impact' from low-Earth-orbit providers like Starlink on broadband growth and that satellite is complementary rather than a competitor to terrestrial networks.
executive_remarkSpaceX President Gwynne Shotwell, on the company's first earnings call since its June IPO, said Starlink will capture 'a significant portion' of the customers of AT&T, Verizon and T-Mobile because 'our service will be better', and outlined launching next-generation Starlink Mobile satellites in 2027 using 65 MHz of EchoStar spectrum.