--- title: "Weekly Recap | Verizon +0.94%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/298796271.md" description: "Verizon (VZ) closed the week at $50.61, up 0.94% from the prior Friday’s $50.14. The S&P 500 fell 0.8% over the same stretch, leaving Verizon ahead of the benchmark by roughly 1.74 percentage points. The week was uneven: Tuesday opened at $49.98 and closed at $50.41, Wednesday dipped to an intraday low of $48.82 before settling at $49.74, and the final two sessions recovered to end Friday at $50.61. The week’s range was about 4%, with total volume of roughly 73." datetime: "2026-09-12T07:06:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298796271.md) - [en](https://longbridge.com/en/news/298796271.md) - [zh-HK](https://longbridge.com/zh-HK/news/298796271.md) generator: "portal-rs" --- # Weekly Recap | Verizon +0.94%, most brokers rate it buy ## The Week Verizon (VZ) closed the week at $50.61, up 0.94% from the prior Friday’s $50.14. The S&P 500 fell 0.8% over the same stretch, leaving Verizon ahead of the benchmark by roughly 1.74 percentage points. The week was uneven: Tuesday opened at $49.98 and closed at $50.41, Wednesday dipped to an intraday low of $48.82 before settling at $49.74, and the final two sessions recovered to end Friday at $50.61. The week’s range was about 4%, with total volume of roughly 73.6 million shares across four trading days. ## Key Events The main story was Verizon’s multibillion-dollar fibre supply agreement with Corning, covering buildout from 2027 through 2032 for broadband and AI-linked infrastructure. The deal emerged after Tuesday’s close and lifted Corning sharply, while Verizon framed it as part of a transformation gaining speed and a source of new revenue tied to broadband and AI expansion. Verizon also declared a quarterly dividend of $0.71 per share on 9 September and opened preorders for the iPhone 18 Pro. A separate theme was the potential disruption from SpaceX’s wireless service: Wells Fargo analysts argued it does not need to surpass existing carriers to shake up the wireless market. There was also a small sale of 1,100 shares by Verizon Business CEO Kyle Malady worth $54,978, which did not shape the week’s narrative. ## Analyst Ratings Among the 25 institutions covering Verizon, 7 rate it buy, 2 rate it overweight, and 16 rate it hold; none assign underweight or sell. Within the telecom services industry, Verizon ranks 5th out of 57 covered names. The consensus rating is buy, with a consensus target of $51.58182, about 1.92% above the current price of $50.61. The target range runs from $44 to $71, a wide spread that includes levels below spot at the low end and roughly 40% above at the high end. The overall stance leans constructive, though the hold tilt means conviction is not uniform. ## The Week Ahead Next week brings the New York Fed manufacturing index on Tuesday 15 September, followed on Wednesday 16 September by retail sales, retail sales ex-autos, import prices, and the NAHB housing market index. These releases will shape how markets read rates and consumer resilience, with knock-on effects for rate-sensitive telecom valuations. Verizon’s own next major marker is its Q3 FY2026 earnings release, currently slated for 20 October before the open, with estimates around $1.2889 EPS and $34.8 billion in revenue. Further details on the Corning fibre deal may also surface. ## In Short Verizon ends the week caught between several currents. The stock outperformed the market alongside the AI and broadband partnership news, and the analyst setup shows a buy consensus with a target modestly above spot. Yet hold ratings account for most of the coverage, the target range is wide, and the latest daily flow showed large-lot money on the sell side while activity sat below its historical median. The next test is whether the fibre and AI infrastructure buildout turns into earnings improvement, and how macro data shifts sentiment toward rate-sensitive telecom shares. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [VZ.US](https://longbridge.com/en/quote/VZ.US.md) ## Related News & Research - [Verizon announces Q3 2026 dividend of R$ 0.41 per unit for BRVERZBDR 008](https://longbridge.com/en/news/298924646.md) - [Switch to Verizon and get the new iPhone 18 Pro now. No trade-in needed. And get the latest iPhone every year. | VZ Stock News](https://longbridge.com/en/news/298672251.md) - [Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands](https://longbridge.com/en/news/298630171.md) - [Verizon Says Turnaround Is Gaining Speed as Broadband, AI Opportunities Expand](https://longbridge.com/en/news/298495028.md) - [Verizon Wireless, T-Mobile resolve lawsuits over ad campaigns](https://longbridge.com/en/news/298950094.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**