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Verizon (VZ) AnalysisCompany Overview: Verizon Communications Inc. NYSE:VZ is the largest mobile carrier in the U.S., maintaining a dominant position in the wireless market. The company has a core focus on wireless services, which continues to drive its financial performance and future growth potential. Key Catalysts: Strong Wireless Revenue Growth: Verizon's wireless revenue grew by 3.5% year-over-year, reaching $19.8 billion in the latest quarter. This growth was driven by a solid consumer base and effective pricing strategies, demonstrating resilience and a stable demand for Verizon's wireless services. Consumer Segment Performance: Consumer revenue also saw a year-over-year increase of 1.5% to $24.9 billion, highlighting the company’s strong customer retention and ability to capitalize on pricing flexibility. 5G Expansion: Verizon is investing heavily in 5G technology, with ambitious plans to expand into smart cities and wireless robotics, positioning the company for long-term growth in next-gen connectivity solutions. Q2 Financial Results: Verizon reported total revenue of $32.8 billion for the second quarter, showcasing its financial stability and growth trajectory in an evolving telecommunications landscape. Investment Outlook: Bullish Outlook: We are bullish on VZ above the $37.00-$38.00 range. Upside Potential: The upside target for Verizon is set at $56.00-$58.00, driven by wireless revenue growth, consumer segment strength, and expansion into 5G technologies. 📶 Verizon—Connecting the Future with 5G. #VerizonWireless #5GRevolution #TechGrowth 📱
NYSE:VZLong
by Richtv_official
VZ 5M Long Daytrade Aggressive Trend TradeAggressive Trend Trade - short impulse + volumed T1 level + support level + biggest volume weak attempt manipulation Calculated affordable stop limit 1 to 2 R/R take profit Hour Trend "+ open gap with retest + long impulse + SOS test level + 1/2 correction + support level + volume zone" Daily CounterTrend "- short impulse - biggest volume TE / T1" Monthly Trend "+ long balance + historical 1/2 correction with exhaustion volume in the end + initiative take over + ICE level + volumed? 2Sp + weak test" VZ @NYSE Sell Limit 40.22, GTC Sell Stop 39.89 LMT 40.01, GTC
NYSE:VZLong
by MishaSuvorov
VZ 1H Aggressive CounterTrend TradeAggressive CounterTrend Trade - short balance + expanding ICE + biggest volume 2Sp- + weak test + first bullish bar close below entry Calculated affordable stop limit 1 to 2 R/R before 1/2 of monthly take profit OCO 3A: Sell VZ Limit at $40.35 (Good 'til Canceled) OCO 3B: Sell VZ Stop at $38.91 Limit at $39.39 (Good 'til Canceled) Daily context: "- short impulse - unvolumed T1" Monthly context: "+ long balance + historical 1/2 correction with exhaustion volume in the end + initiative take over + ICE level + volumed? 2Sp + test"
NYSE:VZLong
by MishaSuvorov
Verizon ($VZ) Earns $100M Contract With The State of MichiganT-Mobile and Verizon Communications ( NYSE:VZ ) are in talks to buy parts of United States Cellular for over $2 billion, according to the Wall Street Journal. Shares of the regional wireless carrier jumped 8.6% to $39.08. T-Mobile is close on a deal to buy a chunk of U.S. Cellular for more than $2 billion, taking over some operations and wireless spectrum licenses. Verizon's talks with the regional carrier are expected to take longer and might not result in an agreement. In another significant development, Verizon ( NYSE:VZ ) Public Sector has been awarded a $100 million contract by the State of Michigan. This agreement allows state agencies and affiliated entities access to Verizon's award-winning network and a suite of communications solutions designed to help serve the state's more than 10 million residents. The contract also allows eligible Michigan cities, townships, villages, counties, school districts, universities, colleges, and nonprofit hospitals to take advantage of available Verizon services through MiDeal, the State of Michigan’s extended purchasing program. The new contract, effective through August 11, 2028, is renewable for up to five additional option years and includes access to devices and services including Fixed Wireless Access (FWA), 5G Ultra Wideband (UW) connectivity, special plan pricing, and Verizon Frontline, the advanced network and technology built for first responders. Verizon Communications Inc., one of the world's leading providers of technology and communications services, generated revenues of $134.0 billion in 2023.
NYSE:VZLong
by DEXWireNews
Verizon ($VZ) Spike 2.5% in Premarket Trading on Earnings ReportOn Monday, Verizon Communications ( NYSE:VZ ) released its first-quarter earnings report. The report indicated a 4% decline in earnings from the previous year, although the earnings still surpassed Wall Street's expectations. Verizon's stock price reacted positively due to the wireless service revenue exceeding expectations. The adjusted earnings per share for the quarter ending on March 31 were $1.15, while revenue for Verizon ( NYSE:VZ ) was $33 billion, reflecting a 0.2% increase from the previous year's revenue of $32.9 billion. The estimated earnings per share and revenue were $1.12 and $33.2 billion, respectively. Verizon's wireless service revenue rose by 3.3% to $19.5 billion, exceeding the estimated $18.67 billion. The company was able to achieve this despite Q1 being a typically weak season by raising prices for wireless services. Verizon ( NYSE:VZ ) lost 68,000 postpaid phone customers in the quarter, a metric closely watched by investors. However, this number was lower than the predicted loss of 92,000 subscribers, resulting in a positive market response. In Q1, Verizon ( NYSE:VZ ) lost 158,000 postpaid consumer subscribers but added 90,000 business postpaid subscribers. In comparison, the company had lost 127,000 postpaid phone subscribers in the previous year. Verizon ( NYSE:VZ ) is presently focusing on generating growth in free cash flow and earnings before interest, taxes, depreciation, and amortization. Verizon's stock rose by 2.6% to 41.55m on the stock market, indicating a move back above the 50-day line. The company had gained over 7% in 2024 before the earnings report, after experiencing a 4% decline in the previous year. Verizon Communications ( NYSE:VZ ) stated on Monday that it had lost fewer wireless subscribers in Q1 than anticipated, owing to its flexible plans and streaming bundles offering discounted pricing for services such as Netflix and Warner Bros Discovery's Max. Verizon's shares rose by 2.5% in pre-market trading. Verizon's consumer business saw its best Q1 performance since 2018, with 158,000 wireless retail postpaid phone net losses compared with 263,000 losses a year ago. CEO Hans Vestberg stated, "We are on track to meet our financial guidance and to deliver positive consumer postpaid phone net adds for the year." Verizon's plans are usually more expensive than those of its rivals, AT&T (T.N) and T-Mobile (TMUS.O), which are set to report earnings later in the week.
NYSE:VZLong
by DEXWireNews
A Little Bearish on Verizon StockWe received two signals for Verizon stock based on the closing price on February 2, 2024 indicating the stock will likely drop over the next 6-20 days. My SAG Gauge Conservative algorithm bearish signal has occurred 211 times. A bearish signal has successfully seen the stock drop below the signal closing price over the next 10 trading days 95.7% of the time. The typical delay, or time the stock does not immediately move downward has generally only been 1 day. This means the stock could move up on Monday, but likely begin its decline as late as Tuesday of this upcoming week. The other bearish signal is my Up and Down MACD, which signals before a typical MACD cross would occur. Instead of signalling at the cross, I added additional parameters that trigger shortly after weakness is confirmed and well ahead of the cross most people will trade on. For VZ stock, it is accurate in determining reversals 94.50% of the time. This one is interesting in that delays that have occurred result in less than a 1% move. This means the signal price on Friday (closing price) of 42.13 would most likely not see the stock move above 42.60 before it moves below 42.13. In this instance I am looking for a drop well below 42.13. Simultaneous signals of both algorithms at the same time has occurred 60 times. 58, or 96% of the time the stock has dropped. Simultaneous signals are something I prefer to see as it is more bolstering than solo signals. The last time these two signals occurred together and failed was March 22, 2000. The stock failed to trade downward over the next 27 days. Day 28 finally went into the red, but was a failure in my 10 and 25 day studies. I am looking for a possible move up on Monday/Tuesday at the latest before we start to move down. A success will occur if the stock goes below 42.13. Historically, simultaneous signals send the stock down to at least 42.09 (which is a very weak success). The 10 day target is a 1.3% - 4% drop over the next 6-9 days. The 25 day target is 2.4% - 6% over by days 13-22. It is unclear where the stock will go after this movement occurs.
NYSE:VZShort
by StockSignaler
Prophet Algo Picks - Jan 24,2024Prophet algo uses markov probabilities to get bullish and bearish probabilities for the day. Uses a custom machine learning algo which backtested gave a 75% win rate when trying to predict daily movements. Definitions: Positive day meaning : When the Closing price for the day is greater than the opening price Negative day meaning : When the Closing price for the day is lower than the opening price Markov model does not care about the intraday price movements, just the difference between opening and closing prices If you would like to analyze intraday movements, use our technical tools, option chain and weekly stock forecasts to get further insights NYSE:ABT Category: Positive Bullish Probability: 82.35% Bearish Probability: 17.65% NYSE:BALL Category: Positive Bullish Probability: 78.05% Bearish Probability: 21.95% NASDAQ:FITB Category: Negative Bullish Probability: 24.49% Bearish Probability: 75.51% NASDAQ:FSLR Category: Negative Bullish Probability: 26.67% Bearish Probability: 73.33% NYSE:GPC Category: Positive Bullish Probability: 76.67% Bearish Probability: 23.33% NYSE:PAYC Category: Positive Bullish Probability: 75.00% Bearish Probability: 25.00% NYSE:VZ Category: Negative Bullish Probability: 15.00% Bearish Probability: 85.00% NYSE:VFC Category: Negative Bullish Probability: 23.08% Bearish Probability: 76.92%
NASDAQ:FSLR
by tradesenigma454
2
Verizon's 2024 Surge: Navigating the Shake-Up Verizon Communications ( NYSE:VZ ) recently unveiled its fourth-quarter earnings report, showcasing a resilient performance despite a 9% dip in adjusted earnings to $1.08 per share. However, the company met Wall Street estimates, sparking a positive market response as VZ stock rose. The standout achievement was the robust growth in wireless subscriber additions, exceeding expectations amid a notable shake-up in the consumer business landscape. Earnings Overview: For the quarter ending December 31, Verizon ( NYSE:VZ ) reported a 0.3% decline in revenue to $35.1 billion compared to a year earlier, where earnings stood at $1.19 per share on revenue of $35.3 billion. Analysts had anticipated earnings of $1.08 per share on revenue of $34.6 billion, reinforcing Verizon's ability to meet and even exceed market expectations. Key Performance Indicators: Verizon's wireless service revenue witnessed a commendable 3.2% increase to $19.4 billion, surpassing estimates of $19.37 billion. A significant highlight was the addition of 449,000 postpaid phone customers, a substantial leap from the 217,000 gained in the previous year. Additionally, Verizon secured 375,000 5G broadband customers during Q4, signaling the company's commitment to advancing in the rapidly evolving 5G landscape. 2024 Guidance and Strategic Focus: Looking ahead, Verizon ( NYSE:VZ ) has outlined a strategic vision for 2024, forecasting wireless service revenue growth in the range of 2% to 3.5%. The company also anticipates adjusted EBITDA growth within 1% to 3%, and an adjusted EPS of $4.50 to $4.70, aligning with market expectations. Amidst management changes, Verizon is laser-focused on generating growth in service revenue, free cash flow, and earnings before interest, taxes, depreciation, and amortization (EBITDA). Challenges and Market Dynamics: Verizon ( NYSE:VZ ) acknowledges challenges in regaining its marketing claim to operate the highest quality wireless network. The brand has encountered headwinds amidst management shifts, necessitating a concerted effort to restore its market dominance. Market Reaction and Technical Analysis: Leading into the earnings report, Verizon's stock had gained 5% in 2024, rebounding from a 4% retreat the previous year. Technical analysis indicates a strong upward trajectory, with the stock breaching resistance at $34.98. The current testing of resistance at $41.05 is a pivotal moment, potentially sparking a negative reaction. However, an upward breakthrough at this level would signal further positive momentum. Conclusion: Verizon's ( NYSE:VZ ) 2024 outlook reflects a company resilient in the face of challenges, focusing on key growth metrics and strategically positioning itself in the 5G landscape. As the brand navigates through management changes and competitive dynamics, investors are keenly observing Verizon's ability to sustain its positive momentum and capitalize on the evolving telecommunications industry.
NYSE:VZLong
by DEXWireNews
VERIZON: Strong rally testing the 1D MA200.Verizon is bullish on its 1D technical outlook (RSI = ) as it is on a continuous rise since the bottom a month ago. Using the 1D MA50 as Support, it even crossed over LH trendline of January and crossed over the 1D MA200 for the first time since April 22nd 2022. Despite this crossing, it has closed the last candles under it, which shows the short term, to say the least, struggles on this key Resistance level. The previous pullback was on the 0.382 Fibonacci to the 0.236. Now it hit the 0.5 Fibonacci and we are expecting an analogous pullback to the 0.382 that will pave the way for the next series of green candles. We will buy that pullback and target the R1 level (TP = 37.70). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:VZ
by InvestingScope
VZ Verizon Communications Options Ahead of Earnings If you haven`t sold VZ here: or here: Then analyzing the options chain and the chart patterns of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 32usd strike price in the money Puts with an expiration date of 2023-11-17, for a premium of approximately $1.14. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:VZShort
by TopgOptions
2
VZ Verizon Communications Options Ahead of EarningsIf you haven`t sold VZ here: Then analyzing the options chain and chart patterns of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 31usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $1.08. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:VZShort
by TopgOptions
Will Verizon bounce from current oversold extreme?Verizon Communications Inc. - 30d expiry - We look to Buy a break of 32.01 (stop at 30.01) We are trading at oversold extremes. This stock has recently been in the news headlines. In our opinion this stock is undervalued. A higher correction is expected. A break of bespoke resistance at 32, and the move higher is already underway. Our profit targets will be 37.01 and 38.01 Resistance: 32.00 / 33.70 / 35.00 Support: 31.25 / 30.00 / 29.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NYSE:VZLong
by VantageMarkets
VZ Verizon Communications Options Ahead of EarningsIf you haven sold VZ here: Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 37usd strike price Puts with an expiration date of 2023-5-19 for a premium of approximately $0.84 If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy.
NYSE:VZShort
by TopgOptions