Verizon Projects Strong Free Cash Flow Growth for 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2026
0mins
Should l Buy VZ?
Source: NASDAQ.COM
- Free Cash Flow Growth: Verizon expects its free cash flow to reach $21.5 billion in 2026, up 7% from $20.1 billion in 2025, marking the highest level since 2020 and indicating significant improvement in the company's financial health.
- Earnings Enhancement: The company projects adjusted earnings per share (EPS) between $4.90 and $4.95 for 2026, reflecting a year-over-year growth of 4% to 5%, which signifies a substantial acceleration compared to recent historical performance, boosting investor confidence in future earnings.
- Business Foundation Improvement: Verizon achieved its highest postpaid phone net additions since 2019 in Q4 2025, with wireless services revenue rising 1.1% to $21 billion, indicating a steady recovery of the company's core business.
- Positive Acquisition Progress: Verizon plans to finalize its acquisition of Frontier Communications on January 20, 2026, which is expected to significantly scale its fiber footprint to over 30 million homes and businesses, viewed as a pivotal step in the company's turnaround strategy.
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Analyst Views on VZ
Wall Street analysts forecast VZ stock price to fall
14 Analyst Rating
4 Buy
10 Hold
0 Sell
Moderate Buy
Current: 47.340
Low
43.00
Averages
46.42
High
51.00
Current: 47.340
Low
43.00
Averages
46.42
High
51.00
About VZ
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, technology, information and streaming products and services to consumers, businesses and government entities. Its Consumer segment provides wireless and wireline communications services. It also provides fixed wireless access (FWA) broadband through its 5G or 4G Long-Term Evolution (LTE) networks portfolio. The Company's Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and advanced communication services, corporate networking solutions, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things (IoT) services and products. It provides these products and services to businesses, public sector customers and wireless and wireline carriers across the U.S. and a subset of these products and services to customers around the world.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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