Verizon stock price jumps nearly 12% on $25 billion buyback — what to watch for VZ next week
Verizon shares surged 11.8% to $44.52 Friday after the company announced a $25 billion buyback, raised its dividend, and issued a 2026 profit forecast above analyst estimates. Verizon reported Q4 adjusted earnings of $1.09 per share and over 1 million net subscriber additions. AT&T and T-Mobile also rose. Traders are watching for competitive responses and the impact of Verizon’s fiber expansion.