New York, Feb 7, 2026, 17:31 EST — Market closed.
- Verizon fell 1.7% on Friday, lagging a broad U.S. market rebound.
- A consumer-unit leadership change keeps attention on CEO Dan Schulman’s turnaround push.
- Investors head into a week of delayed U.S. jobs and inflation data that could swing rates and dividend-heavy stocks.
Verizon Communications Inc shares fell 1.7% on Friday to close at $46.31, underperforming a broad rally that lifted the Dow and S&P 500. The drop snapped a seven-session winning streak for the telecoms giant. 1
The pullback comes after a sharp run-up since Verizon’s late-January results, when it flagged higher wireless subscriber growth and rolled out a $25 billion share buyback program, its first in nearly six years. The company also projected 2026 adjusted profit above analysts’ expectations, according to LSEG data. 2
Management churn is still hanging over the tape. Verizon’s CEO told employees this week that consumer-chief Sowmyanarayan Sampath will step down and that transformation chief Alfonso Villanueva will take over on an interim basis, as the company leans harder into customer experience and execution. “We are at a critical inflection point,” CEO Dan Schulman wrote. 3
The timing matters for a different reason too: telecom stocks often behave like bond proxies, prized for dividends and punished when yields rise. Next week brings a cluster of delayed U.S. releases — the January employment report on Wednesday and the January CPI report on Friday — that could reset expectations for interest rates. 4
For Verizon investors, the near-term question is whether the company can keep the subscriber momentum that powered the rally while it reshapes the leadership stack in its biggest division. A lot of the turnaround case rests on day-to-day execution, not slogans.
Competition is the obvious pressure point. AT&T and T-Mobile remain aggressive on promotions, and any sign of a renewed price war could squeeze margins even if customer adds look good.
There is also the risk that the leadership transition slows decision-making at the worst moment — right when Verizon is trying to cut churn, sharpen service and fix what it calls the “end-to-end customer experience.” The company is asking employees to move faster; investors will want proof it can.
The stock’s next direction may hinge less on one headline than on how rates trade. A hotter inflation print can lift yields quickly, which tends to hit high-dividend shares first, even when the company-specific story has not changed.
Markets reopen on Monday with traders watching Wednesday’s U.S. jobs report (Feb. 11) and Friday’s CPI release (Feb. 13), alongside any fresh signals on Verizon’s consumer-unit handoff and the pace of its turnaround.
