Scotiabank cuts Verizon Communications stock target from USD 52.50 to USD 51.50

Published on 10/07/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 1.03 percent to USD 68.69 billion in the first half of 2026. Verizon Communications stock costs EUR 41.30 on October 7, 2026 versus EUR 40.80.

Schwarzweißes Reportagefoto eines Telekommunikationstechnikers mit Schutzhelm beim Klettern an einem Antennenturm vor dramatischem Wolkenhimmel — Verizon US92343V1044 – Schwarzweiß-Reportage eines Technikers beim sicheren Klettern an einem hohen Mobilfunkturm, Illustration mit AI erstellt.

Verizon Communications (ISIN US92343V1044) was trading at EUR 41.30 at Lang & Schwarz on October 7, 2026 at 3:36 p.m. CEST, up 1.23 percent versus the prior close of EUR 40.80. Scotiabank lowered its Verizon target from USD 52.50 to USD 51.50 while maintaining its Sector Outperform rating on October 2, 2026, as reported by MetaTrader.

Revenue grows as profit falls

MetaTrader reports that Verizon generated USD 68.69 billion in total operating revenue during the six months ended June 30, 2026, versus USD 67.99 billion in the same period of 2025. That is a calculated increase of 1.03 percent.

The earnings mix was weaker. Operating income fell from USD 16.15 billion to USD 15.42 billion in the first half of 2026, a calculated decline of 4.52 percent, while net income attributable to Verizon dropped from USD 9.88 billion to USD 8.88 billion, down 10.12 percent.

Cash flow offsets the pressure

Operating cash flow rose from USD 16.76 billion in the first half of 2025 to USD 18.42 billion in the first half of 2026, an increase of 9.90 percent. Free cash flow reached USD 10.21 billion, compared with USD 8.80 billion a year earlier, according to MetaTrader.

The contrast gives the stock a clear operating question: stronger cash generation must compensate for lower reported profit and the integration burden following the Frontier acquisition. Verizon's first-half total debt stood at USD 165.20 billion, compared with USD 158.20 billion at the end of 2025.

October earnings set the next test

Verizon's investor calendar lists third-quarter 2026 earnings for October 26, 2026, at 8:30 a.m. ET, according to Verizon. That report will give investors the next direct comparison between service growth, cash flow and the costs of the company's network and acquisition plans.

On the NYSE, Verizon stock was last at USD 46.48 on October 7, 2026 at 9:47 a.m. EDT. The 52-week range was USD 38.39 to USD 51.68, and the market capitalization was USD 194.1 billion as of October 7, 2026.

Stock trades above prior close

Verizon stock was trading at EUR 41.30 at Lang & Schwarz on October 7, 2026 at 3:36 p.m. CEST, plus 1.23 percent versus the prior close of EUR 40.80. The further course of trading is shown by the continuously updated real-time quote of Verizon Communications stock.