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VZ

VZ Research brief

Verizon

Adjusted close as of 2026-10-30
$44.73(+2.45%)

Sagehood’s view on VZ

Verizon · Research 2026-10-30 · Accepted

Research score

48Neutral50 is balancedScore change +2 since 2026-10-29, from 46 to 48; view unchanged at Neutral. Compare the two recordsConfidence 50 · It is not a calibrated probability of investment success.Confidence across the 100 names in this research run: 45 to 70, median 55.
How to read this score

Dated research brief

WhyThe neutral view is driven by 1.4% revenue growth against the 9.6% sector median and net debt to EBITDA of 3.63 versus the 1.72 sector median. The unresolved risk is volatility at 42.5% against a 29.2% longer window, a rising trend.
What argues against this viewThe strongest case against the neutral stance is the rate tailwind: a −35 basis point 20-day yield move supports a rate beta of −0.34. The one-year channel still slopes 22.4% per year, so the October drop may be a correction.
Break conditionFrom the financial specialist: A later reading showing net debt to EBITDA at or below the 1.72 sector net-debt-to-EBITDA median would break the leverage claim.Tests that specialist’s reading, not this page’s whole Neutral view.

Sagehood does not check this condition automatically. See research limitations below.

Valuation range

No model fair value for this run

No fair-value range was computed for this run: the cash-flow valuation grid was unavailable because free cash flow or share data was missing.

Against peers

Communication Services
MultipleVZGroup medianPercentile
P/E (TTM)11.41×14.61×14th
P/S1.35×5.37×29th
P/B1.76×3.42×38th
Score details & research limitations9 unavailable fields
Conditions Sagehood can check on its ownNot available in this run. A written break condition is not an automated check; this run does not provide a source-linked rule Sagehood can verify on its own.

Where the break condition comes from: Sagehood research took this condition from the financial specialist. It tests that specialist’s own reading, so it does not say everything that would change this page’s Neutral view.

How to read this research

The score expresses the published research view. 50 is balanced.

Bullish, Neutral or Bearish beside the score is the direction of that view, set by the research from the score: 65 and above is Bullish, 45 to 64 Neutral, 44 and below Bearish.

Confidence is how well the evidence supports this view, not which way it points: Sagehood research is asked to keep it no higher than its most confident specialist, and lower when the specialists disagree or much of the evidence is weak. It is not a calibrated probability of investment success.

Source verification checks the identity and origin of evidence. It does not prove that a claim is correct or that an investment will succeed.

Valuation estimates depend on their inputs and assumptions. They are not guaranteed future prices.

Retrospective research looks back at an earlier period. It is not a verified record of a decision made then using only information available then.

Unavailable is not zero. Read the adjacent reason: information may be missing, unverified or deliberately withheld.

How Sagehood works

The session this view is fixed to

Close$44.73 on 2026-10-30, as the research recorded it
Change on the day+2.45%
First eligible market session2026-11-02

Recorded score context

Specialist source coverage8 of 10 specialists have a verified source on this run. 2 do not.
Score reconciliationThe 8 specialist contributions shown add up to the weighted starting point this score was built from.
Change since the last accepted run46 on 2026-10-29 → 48 on 2026-10-30 (+2 points). This is simple arithmetic between the two published scores, not an explanation of the change.
The run this is compared withResearch of 2026-10-29

Not in this run: Run-specific score definition, Confidence band, Horizon, Why the score changed, Today's unexplained move and Blockers.

What this was built from

Filing cited in the evidenceNot recorded on this card. The newest filing on record is under Key financials, and recent filings are listed under SEC filings.
Peer set8 names in Communication Services: CMCSA, DIS, GOOG, GOOGL, META, NFLX, SKYD, T. How they were chosen is under “Valuation & peers”. The peer-implied median is under “Valuation & peers”.

Not in this run: Company profile date and Standing disclosure.

Not available in this run

9 fields are unavailable. Each is identified with its reason above; missing information is not zero or a negative research signal.

Price context

· adjusted close $44.73

+0.3% from 2026-06-25

Recent price-basis check: 2026-10-02 to 2026-10-30 (20 sessions). Economic comparability outside this window remains unchecked.

VZ adjusted close
Adjusted price · USD · viewing 2026-06-25 to 2026-10-30

Selected 2026-10-30. VZ adjusted close. Continuous series. $44.73 US dollars.

90 daily adjusted-price observations through 2026-10-30, ending at the 2026-10-30 research date. The final point is a dated final close. Shown for context, not point-in-time research evidence: the research used the prices recorded with it.

Use the arrow keys on the chart to step through observations.

Published score history

2026-07-23 to 2026-10-30 · 37 publications

Each point is a verified published score. The line breaks where the research method changed (4 methods, numbered in the order they were first used), so scores are not joined across methods. Hollow points were published after their decision window (retrospective).

Every published score and confidence
Research dateScoreViewConfidenceMethod
2026-10-3048Neutral50Method 4
2026-10-2946Neutral50Method 4
2026-10-2843Bearish49Method 4
2026-10-2745Neutral50Method 4
2026-10-2644Bearish50Method 4
2026-10-2346Neutral50Method 4
2026-10-2245Neutral45Method 4
2026-10-2140Bearish45Method 4
2026-10-1645Neutral45Method 4
2026-10-0944Bearish50Method 4
2026-10-0750Neutral45Method 4
2026-10-0246Neutral55Method 4
2026-10-0148Neutral55Method 4
2026-09-3046Neutral55Method 4
2026-09-2946Neutral55Method 4
2026-09-2846Neutral55Method 4
2026-09-2548Neutral54Method 4
2026-09-24 · retrospective50Neutral62Method 4
2026-09-2350Neutral62Method 4
2026-09-1855Neutral65Method 4
2026-09-16 · retrospective51Neutral55Method 4
2026-09-09 · retrospective53Neutral60Method 4
2026-09-0455Neutral65Method 4
2026-09-01 · retrospective56Neutral70Method 4
2026-08-31 · retrospective52Neutral61Method 3
2026-08-2852Neutral61Method 3
2026-08-26 · retrospective52Neutral61Method 3
2026-08-24 · retrospective52Neutral61Method 3
2026-08-20 · retrospective51Neutral61Method 3
2026-08-19 · retrospective50Neutral61Method 3
2026-08-1451Neutral61Method 2
2026-08-1353Neutral71Method 1
2026-08-0754Neutral71Method 1
2026-08-0654Neutral71Method 1
2026-08-0453Neutral71Method 1
2026-07-3154Neutral68Method 1
2026-07-2349Neutral53Method 1

Specialists

8 of 10 published specialist analyses are available.

Each specialist’s view is shown as the published research recorded it; supporting detail appears only when it was recorded with that same view.

2 unavailable

VZ research

Financial specialist

Showing Financial specialist result.

Financial specialist

Evaluated for this session

Bearish

Verizon's revenue is nearly flat at 1.4% trailing-twelve-month growth versus the 9.6% sector revenue-growth median, its operating margin fell 2.2 percentage points, and net debt to EBITDA of 3.63 exceeds the 1.72 sector net-debt-to-EBITDA median.

Full analyst note

What the specialist sees

Evidence: trailing-twelve-month revenue was $139,387 million with 1.4% growth and trailing-twelve-month operating margin was 20.9%, but quarterly revenue growth was 1.5% and the operating margin fell 2.2 percentage points, while net debt to EBITDA was 3.63 against the 1.72 sector net-debt-to-EBITDA median.

Why it matters now

A 1.4% trailing-twelve-month revenue growth rate below the 9.6% sector revenue-growth median and net debt to EBITDA of 3.63 versus the 1.72 sector net-debt-to-EBITDA median imply the $166,233 million debt load is growing faster than the cash flow that services it, so margin contraction compounds the constraint.

What could change the view

Countercase: If the operating-margin decline is a seasonal or one-time item rather than a trend, the contracting read is wrong; the missing free-cash-flow and interest-coverage figures leave cash quality and debt service unquantified. Falsifier: A later reading showing net debt to EBITDA at or below the 1.72 sector net-debt-to-EBITDA median would break the leverage claim.

Specialist score details
Specialist score
38
Evidence confidence
70
Base weight for this role
0.13
Base weight × confidence
9.10
Weight in the score (the chip's weight)
0.19
Weighted contribution
7.13
Business driver
Trailing-twelve-month revenue was $139,387 million with 1.4% growth and trailing-twelve-month operating margin was 20.9%, but quarterly revenue growth was 1.5% and the operating margin fell 2.2 percentage points, while net debt to EBITDA was 3.63 against the 1.72 sector net-debt-to-EBITDA median.
Mechanism
A 1.4% trailing-twelve-month revenue growth rate below the 9.6% sector revenue-growth median and net debt to EBITDA of 3.63 versus the 1.72 sector net-debt-to-EBITDA median imply the $166,233 million debt load is growing faster than the cash flow that services it, so margin contraction compounds the constraint.
Countercase
If the operating-margin decline is a seasonal or one-time item rather than a trend, the contracting read is wrong; the missing free-cash-flow and interest-coverage figures leave cash quality and debt service unquantified.
Contributions & coverage details

Specialist contributions

Each specialist’s recorded numbers, in the usual specialist order, as recorded: nothing is re-ranked or recalculated. Weights and contributions show two decimals; hover for the exact value.

Financial specialist

Bearish

Score
38
Evidence confidence
70
Weight in the score
0.19
Weighted contribution
7.13

Risk specialist

Neutral

Score
46
Evidence confidence
70
Weight in the score
0.12
Weighted contribution
5.31

Sector specialist

Neutral

Score
52
Evidence confidence
55
Weight in the score
0.11
Weighted contribution
5.90

SEC filings specialist

Neutral

Score
50
Evidence confidence
55
Weight in the score
0.03
Weighted contribution
1.70

News specialist

Neutral

Score
50
Evidence confidence
55
Weight in the score
0.12
Weighted contribution
6.24

Price-trend specialist

Neutral

Score
50
Evidence confidence
55
Weight in the score
0.23
Weighted contribution
11.34

Valuation specialist

Neutral

Score
50
Evidence confidence
30
Weight in the score
0.10
Weighted contribution
4.95

Economy specialist

Neutral

Score
53
Evidence confidence
60
Weight in the score
0.10
Weighted contribution
5.25

Published specialist analyses unavailable: Geopolitics specialist, Social-media specialist. No specialist result is inferred.

  • Geopolitics specialist: This specialist had no checked public source on this run, so no source-backed analysis is shown.
  • Social-media specialist: This specialist had no checked public source on this run, so no source-backed analysis is shown.

How this insight was formed

Each specialist view shown here is checked against the published research files. Sagehood research combined those views into the one Research Score above.

Evidence & method

Inspect the reasoning, source records and valuation behind this dated view.

Sagehood research reasoningSpecialist reasoning, selected statements and filing context
Accepted publication2026-10-30 researchNext eligible session 2026-11-02point-in-time

VZ: Sagehood research reasoning

Accepted research score

48

Neutral50 is balanced
Lead specialist in the research decision:

Financial specialist

Bearish

Specialist score 38Evidence confidence 70
What the specialist sees

Trailing-twelve-month revenue was $139,387 million with 1.4% growth and trailing-twelve-month operating margin was 20.9%, but quarterly revenue growth was 1.5% and the operating margin fell 2.2 percentage points, while net debt to EBITDA was 3.63 against the 1.72 sector net-debt-to-EBITDA median.

Why it matters

A 1.4% trailing-twelve-month revenue growth rate below the 9.6% sector revenue-growth median and net debt to EBITDA of 3.63 versus the 1.72 sector net-debt-to-EBITDA median imply the $166,233 million debt load is growing faster than the cash flow that services it, so margin contraction compounds the constraint.

What argues against it

If the operating-margin decline is a seasonal or one-time item rather than a trend, the contracting read is wrong; the missing free-cash-flow and interest-coverage figures leave cash quality and debt service unquantified.

This specialist’s break condition: A later reading showing net debt to EBITDA at or below the 1.72 sector net-debt-to-EBITDA median would break the leverage claim.

How the score was formed

The specialists’ weighted starting point was 47.81. Sagehood research’s adjustment was +0.19. 46 on 2026-10-29 → 48 on 2026-10-30 (+2 points). This is simple arithmetic between the two published scores, not an explanation of the change.

Evidence Sagehood research weighed

These selected claims are evidence Sagehood research weighed, not a reconstruction of the numeric adjustment.

Claims as this research published them. Sagehood confirms each claim and its support were published together with this research. That is not an independent check, and it does not prove the claim is accurate or predict future performance.

  1. Financial specialist

    Same statement as under “What the specialist sees” above.

  2. Price-trend specialist

    Close 44.73 is 1.7% below 200-day average and 3.9% below 50-day average, with the 1-year channel slope at 22.4% per year and the 90-day slope at 14.6% per year; 14-day ADX (trend strength) is 23.0 with negative directional indicator 24.7 against positive directional indicator 22.9.

  3. Risk specialist

    VZ shows twenty-day annualized volatility 42.5% above sixty-day annualized volatility 29.2% with a rising volatility trend, drawdown from the one-year high −11.7% versus maximum one-year drawdown −17.8%, one-year large daily-move count 4, downside beta −0.15 against SPY beta −0.44, and days to earnings 91.

Sagehood research decision

The investment case, main risk and break condition are the ones shown under Sagehood’s view at the top of this page.

Recorded break condition
Break condition as kept in the decision trail

A later reading showing net debt to EBITDA at or below the 1.72 sector net-debt-to-EBITDA median would break the leverage claim.

Evidence & sourcesClaim-support availability, filing-context links and research method

VZ: This run has no checked links from its claims to their evidence. The specialists’ writing is shown as recorded, and no missing evidence is filled in.

Research evidence at a glance

Accepted specialist evidence · no score adjustment

Key figures

Fundamentals

Trailing-twelve-month revenue was $139,387 million with 1.4% growth and trailing-twelve-month operating margin was 20.9%, but quarterly revenue growth was 1.5% and the operating margin fell 2.2 percentage points, while net debt to EBITDA was 3.63 against the 1.72 sector net-debt-to-EBITDA median.

Valuation model

No DCF or EPS grid is available for Verizon, and the comps median of $87.16 implies a 94.9% gain on 3 implied prices, while trailing-twelve-month EBIT margin of 20.9% and revenue growth of 1.4% show a mature, low-growth business.

Potential upside

  • No DCF or EPS grid is available for Verizon, so the valuation read is neutral; the comps median of $87.16 implies a 94.9% gain on 3 implied prices, but the peer set is not comparable and the grid is absent.

Potential downside

  • Verizon's revenue is nearly flat at 1.4% trailing-twelve-month growth versus the 9.6% sector revenue-growth median, its operating margin fell 2.2 percentage points, and net debt to EBITDA of 3.63 exceeds the 1.72 sector net-debt-to-EBITDA median.

Questions to watch

  • A later reading showing net debt to EBITDA at or below the 1.72 sector net-debt-to-EBITDA median would break the leverage claim.

  • A later filing showing trailing-twelve-month EBIT margin below the 21.2% five-year average would break the claim that Verizon's cash generation supports the current price.

Accepted research

Research dated 2026-10-30.

How this research was made

This research is AI-generated and is not investment advice.

Research date
2026-10-30
Valuation & peersInput limits notedFair-value cells, peer multiples and the inputs behind the range

Valuation the research computed

Against the 2026-10-30 close of $44.73 (recorded)

Fundamentals reference date: 2026-09-30.

No fair-value range this session: the cash-flow valuation grid was unavailable because free cash flow or share data was missing

Implied by the median of 3 peer-median multiples: $87.16 (+94.9% vs close)

Peers: the 8 Liquid 100 names in Communication Services that this run priced. Companies outside the Liquid 100 are not in the set.

The names: CMCSA, DIS, GOOG, GOOGL, META, NFLX, SKYD, T.

Multiples against the peer group

Communication Services · 8 companies in the group

  • Price to earnings (trailing twelve months)11.41×

    Peer median 14.61× · middle half 13.02× to 19.46× · 14th percentile of the group

  • Price to sales1.35×

    Peer median 5.37× · middle half 1.59× to 6.88× · 29th percentile of the group

  • Price to book1.76×

    Peer median 3.42× · middle half 1.15× to 5.23× · 38th percentile of the group

  • Free cash flow yieldNot computed in this research

    Peer median 4.17% · middle half 1.2% to 8.05%

This run declares Enterprise value to EBITDA and computes no value for it, for this company or for its peer group.

Evidence limits: 17 valuation inputs required conservative handling: another valuation input required conservative handling; capital spending was unavailable; no full-year gross-profit line was filed; stock-based compensation is not among this research’s inputs; depreciation and amortization were available but not used because this version does not compute an EV/EBITDA multiple; the measured beta of 0.04 was below the floor used for the cost of equity, so the floor was applied instead; the cash-flow valuation grid was unavailable because free cash flow or share data was missing.

Includes the currently displayed specialist or comparison, not every specialist. Dates and limitations remain attached.

Sagehood research is for general information. It is not individualized investment advice or a recommendation to buy or sell any security.

Verizon (VZ) research | Sagehood