Verizon (VZ)

Learn everything you need to know about Verizon and find links to beginner-friendly guides that show you the best way to invest in it.
Updated: Mar 21, 2023

About Verizon

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What is Verizon?

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Verizon is a technology and communication company providing services to the US and global markets. Headquartered in New Jersey, it is the largest wireless carrier in the United States, with nearly 1,500 retail locations across 150 countries.

Founded in 2000 as a joint venture between Bell Atlantic and Vodafone, Verizon became the sole owner after buying Vodafone’s 45% stake in 2014. Today, it generates over $100 billion in revenue and was the first company in the world to launch commercial 5G for mobile and computing.

How does Verizon make money?

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Verizon makes money by selling its products and services to customers. Its business is split across three main segments: wireless, wireline, and corporate/other.

Its wireless segment is where money generated from mobile comes from. More specifically, pre-paid and contract plans, where customers pay for network services on a pay-as-you-go model or monthly contracts. Versions wireless segment also includes internet services such as 4G and 5G.

Verizon’s wireline segment includes voice and video communication products and services, while its corporate/other segment includes revenue from its media businesses, such as Yahoo, AOL, and HuffPost.

What is Verizon’s best selling service?

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Verizon generates the most revenue from its wireless service. In the last quarter of 2022, it made $18.8 billion from its wireless division. Its wireless services include mobile data plans, both prepaid and contracts.

Who are the key executives at Verizon?

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Hans Vestberg is Verizon’s current chairman and Chief Executive Officers. Here are a few more members of its executive team.

  • Hans E. Vestberg. Chairman & CEO
  • Matthew D. Ellis. Exec. VP & CFO
  • Kyle Malady. Exec. VP & CEO of Verizon Bus. Group
  • Mary-Lee Stillwell. VP of Accounting & External Reporting
  • Joseph J. Russo. Exec. VP & Pres of Global Networks
  • Vandana Venkatesh. Exec. VP & Chief Legal Officer
  • James J. Gerace. Sr. VP & Chief Communications Officer
  • Diego Scotti. Exec. VP & Chief Marketing Officer
  • Samantha Hammock. Exec. VP & Chief HR Officer

Where can I buy shares in Verizon?

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You can buy Verizon stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in Verizon?

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The simplest way to invest in Verizon is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

Verizon is part of the NYSE index, so you can invest in an ETF that tracks that index, or choose a 5G ETF that lets you own a basket of related stocks from the same industry.

More about the VZ price

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What is the Verizon stock price today?

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The VZ stock price today is currently $37.43 as of 21 March, 2023. The price of Verizon is down 8.88% in 2023. You can use the live Verizon stock chart to track the NYSE:VZ price in real time above, or compare the Verizon value today to its past performance using the Verizon financials tab at the top of this page.

What is the 52-week low for Verizon stock?

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The 52-week low for Verizon stock is $34.55. VZ stock is currently 7.85% above the 52-week low.

What is the 52-week high for Verizon stock?

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The 52-week high for Verizon stock is $55.51. VZ stock is currently 12.56% below the 52-week high.

What is the stock forecast for Verizon?

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The average Verizon stock forecast has a price target of $43.39 by the end of 2023. Verizon’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.

More stock guides

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How much is Verizon worth?
When did VZ stock go public?
Who owns the most shares in Verizon?
Who are Verizon’s biggest competitors?
Has VZ stock split?
When are Verizon’s earnings?
Does Verizon pay a dividend?

Latest Verizon news

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Recent Verizon analysis

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.