Verizon Q1: Promising Customer Growth, Shares Attractive
Verizon reported stronger-than-expected Q1 results, including growth in postpaid phone connections for the first time since 2013, and raised its full-year profit guidance. The performance marks early progress under new CEO Dan Schulman. Customer growth and operational improvements contributed to the positive outlook. Shares are viewed as attractive based on the improved fundamentals.
- ▪Verizon exceeded expectations in Q1 2026 with improved customer growth and financial performance.
- ▪The company reported its first postpaid phone connection growth since 2013.
- ▪Full-year profit guidance was raised following the strong quarterly results.
- ▪Dan Schulman, who became CEO in late 2025, is credited with early turnaround progress.
- ▪The analyst maintains a 'buy' rating on Verizon shares and holds a long position in the stock.
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