{"id":641745,"date":"2026-10-10T01:04:09","date_gmt":"2026-10-10T01:04:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/641745\/"},"modified":"2026-10-10T01:04:09","modified_gmt":"2026-10-10T01:04:09","slug":"why-verizon-vz-shares-are-trading-lower-today","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/641745\/","title":{"rendered":"Why Verizon (VZ) Shares Are Trading Lower Today"},"content":{"rendered":"<p>        What Happened?          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shares of telecommunications giant Verizon (NYSE:VZ) fell 6% in the pre-market session after SpaceX agreed to acquire private equity firm Grain Management&#8217;s nationwide 800 MHz spectrum portfolio, stoking investor concerns over emerging satellite-to-cellular competition.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Grain Management said in a press release that the transaction encompasses 100% of its nationwide 800 MHz holdings, supplying up to 14 MHz of paired low-band airwaves pending Federal Communications Commission clearance.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Writing on X, SpaceX Chief Executive Elon Musk called the agreement a very big deal that secures the spectrum required to achieve complete phone coverage across the United States without requiring specialized handsets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In research covered by TipRanks, TD Cowen analyst John Blackledge characterized the transaction as a warning to legacy carriers that intensifies pressure to negotiate roaming partnerships.In comments carried by Reuters, William Blair analysts also noted that established operators remain vocal skeptics of whether orbital networks can match terrestrial quality.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Verizon trades on stable postpaid subscriber additions, average revenue per account growth, and the cash generation needed to service substantial debt and protect its dividend yield. Even though 14 MHz of low-band spectrum lacks the throughput to replace urban cell grids, the prospect of a nationwide direct-to-device alternative limits the multiple investors will pay for legacy cellular franchises.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Verizon? <a href=\"https:\/\/stockstory.org\/us\/stocks\/nyse\/vz?utm_source=whyItMovesArticle&amp;utm_medium=yahoo&amp;utm_campaign=companyLink&amp;utm_article=Cl90bGMAbkM%3D&amp;utm_ticker=VZ\" data-ylk=\"slk:Access%20our%20full%20analysis%20report%20here%2C%20it&#039;s%20free;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Access our full analysis report here, it&#039;s free&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Access our full analysis report here, it&#8217;s free<\/a>.  <\/p>\n<p>        What Is The Market Telling Us          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Verizon&#8217;s shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that context, today&#8217;s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The biggest move we wrote about over the last year was 3 months ago when the stock dropped 5.3% on the news that it was officially removed from the Dow Jones Industrial Average. VZ was replaced by Alphabet ending a decades-long membership.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Also, in a regulatory filing, Verizon disclosed an estimated $700\u2013800 million second-quarter loss from reclassifying assets as held-for-sale in its new 50\/50 international joint venture with BT Group, plus $350\u2013450 million in severance and $200\u2013300 million in asset-rationalization charges.Lastly, the overhang from SpaceX&#8217;s Starlink direct-to-cell ambitions continued to weigh on the long-term competitive story. It is worth noting that the JV loss is a non-cash accounting reclassification tied to strategic streamlining, not a deterioration in the core business. Verizon recently raised FY2026 EPS guidance to roughly $4.95\u20134.99, beat in Q1, and yields ~6%. Analysts&#8217; median target sits near $50, above the session price.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Verizon is up 6.6% since the beginning of the year, but at $43.18 per share, it is still trading 16.1% below its 52-week high of $51.45 from September 2026. Despite the year-to-date gain, investors who bought $1,000 worth of Verizon&#8217;s shares 5 years ago would now be looking at only $827.62.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">WHILE YOU&#8217;RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You&#8217;ve probably never heard of it.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. <a href=\"https:\/\/stockstory.org\/stock-pick-l\/f0a66c1e-3b8b-48e3-86e1-f88eb5efd77b?utm_source=whyItMovesArticle&amp;utm_medium=yahoo&amp;utm_campaign=cta_stock_picks_light&amp;utm_content=20260301_next_palantir&amp;utm_article=Cl90bGMAbkM%3D&amp;utm_ticker=VZ\" data-ylk=\"slk:Claim%20The%20Stock%20Ticker%20for%20Free%20HERE;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Claim The Stock Ticker for Free HERE&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Claim The Stock Ticker for Free HERE<\/a>.  <\/p>\n","protected":false},"excerpt":{"rendered":"What Happened? Shares of telecommunications giant Verizon (NYSE:VZ) fell 6% in the pre-market session after SpaceX agreed to&hellip;\n","protected":false},"author":2,"featured_media":641746,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[6638,114,357,184,268,13368,85,4141,13516,9445,46,2450,8553,9331,266,13517,4861,688,141,145,5615,13369,13370,5268,13518,270,13519],"class_list":["post-641745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-il","tag-investing","tag-investment-tools","tag-investor","tag-israel","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-science","tag-space","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/641745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=641745"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/641745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/641746"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=641745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=641745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=641745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}