Verizon Communications Surges as Momentum Stock

Zacks research highlights the company's strong performance and growth potential.

Mar. 23, 2026 at 9:05am

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Verizon Communications Inc. (VZ) is a leading telecommunications company based in New York that offers a range of communication services including local phone, long-distance, wireless, and data services. The company has seen strong momentum recently, with a Zacks Rank of #3 (Hold) and a VGM Score of B, indicating it is a promising investment opportunity for growth-oriented investors.

Why it matters

Verizon's strong performance and growth potential make it an attractive option for investors seeking exposure to the telecommunications sector. As one of the largest wireless carriers in North America, Verizon's ability to capitalize on industry trends and deliver consistent financial results is closely watched by the investment community.

The details

According to Zacks research, Verizon has a Momentum Style Score of B, indicating the stock has seen a 1.7% increase in share price over the past four weeks. Additionally, eight analysts have revised their earnings estimates higher for fiscal 2026, with the Zacks Consensus Estimate increasing to $4.91 per share. Verizon also boasts an average earnings surprise of +2.9%, further demonstrating its strong financial performance.

  • Verizon completed its merger with MCI Corporation in January 2006.
  • Verizon acquired Alltel Wireless Corp. in early 2009, becoming the largest wireless carrier in North America.

The players

Verizon Communications Inc.

A leading telecommunications company based in New York that offers a range of communication services including local phone, long-distance, wireless, and data services.

MCI Corporation

A former leader in long-distance and data networking services that was acquired by Verizon in 2006.

Alltel Wireless Corp.

A wireless carrier that was acquired by Verizon in 2009, helping the company become the largest wireless carrier in North America.

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The takeaway

Verizon's strong momentum, positive earnings revisions, and consistent financial performance make it an attractive investment opportunity for growth-oriented investors seeking exposure to the telecommunications sector.