Verizon Issues Strong Profit Forecast and 25 Billion Dollar Share Buyback Following Wireless Growth
Verizon reported strong fourth-quarter results and a 2026 profit forecast above expectations. The company also announced a major share repurchase program.
Insights:
Verizon Communications Inc. announced a positive outlook for 2026 and a new capital return program in the US 
USafter recording fourth-quarter subscriber growth that surpassed market expectations. The company forecast 2026 adjusted profit per share between $4.90 and $4.95 and expects annual free cash flow of at least $21.5 billion for the upcoming year. These projections, alongside a new share repurchase initiative, were released following a quarter marked by aggressive promotional activity and internal restructuring.
USafter recording fourth-quarter subscriber growth that surpassed market expectations. The company forecast 2026 adjusted profit per share between $4.90 and $4.95 and expects annual free cash flow of at least $21.5 billion for the upcoming year. These projections, alongside a new share repurchase initiative, were released following a quarter marked by aggressive promotional activity and internal restructuring.The company unveiled a share repurchase program valued at up to $25 billion over the next three years, with at least $3 billion slated for 2026. This announcement contributed to a 5.2% rise in the shares of Verizon Communications Inc.during premarket trading. The buyback and guidance have materially altered near-term earnings visibility and capital-return measures for the telecommunications giant.
