Verizon Shares Slide 9% as Q1 Wireless Revenue Falls 1%

1 articles · Updated · Trefis · Jul 13

$42.12 Verizon shares have dropped 9% in three months as investors focus on a 1% year-over-year decline in first-quarter core wireless service revenue.
55,000 postpaid phone net adds and churn below 85 basis points showed better execution, with acquisition and retention costs down about 35% from the prior quarter.
11.2% free-cash-flow yield and a 21% operating margin underline Verizon’s cash strength, but trailing 12-month revenue growth of 2.8% still lags the S&P 500 median 7.5%.
2% to 3% full-year mobility and broadband service revenue growth is management’s reaffirmed target, with executives calling the first quarter the low point of 2026.