Why Is VERIZON COMMUNICATIO (VZ) Stock Moving Today?

Verizon Communications (VZ) stock is moving higher by 8.3% over the last eight sessions as of July 25, reflecting improved subscriber trends and a raised earnings forecast. The stock has climbed from $42.83 to $46.38 amid a $1 billion dark fiber deal with Google and a revised full-year outlook from the company. These developments have countered broader structural concerns in the telecom sector and helped drive investor interest.

What Happened

Verizon CEO Dan Schulman announced a $1 billion dark fiber agreement with Google to support AI data centers, signaling growing demand for the company’s infrastructure. This deal is expected to be the first of multiple AI-related contracts, with Schulman indicating more could be announced by year-end. In addition, the company raised its full-year 2026 outlook for mobility and broadband service revenue, adjusted earnings per share, and free cash flow. These improvements were driven by lower churn and better subscriber trends in the second quarter. The company also extended CEO Schulman’s contract through December 31, 2028, reinforcing management continuity.

What The Data Shows

The stock’s 8.3% rise over the last eight sessions has pushed it closer to its 52-week high of $51.68. Unusual options activity in the past 36 hours includes $925,000 in call premiums versus no put premiums, with the largest single print valued at $556,000. On July 25, the stock also printed 54 fresh 52-week highs, the most since the start of the year. Verizon’s fundamentals remain stable, with a P/E ratio of 12.1 and a 6.10% dividend yield. However, recent insider transactions show one executive sold $3.5 million in shares over the last 90 days, while no insiders made purchases.

What To Watch

Verizon’s Q2 2026 earnings call summary and full-year guidance will remain focal points for investors. The company’s ability to secure additional AI infrastructure deals and maintain its improved subscriber trends will be key to sustaining momentum.