Why Verizon Stock Gained Today

By Keith Noonan – Apr 27, 2026 at 5:36PM ESTKey PointsVerizon's sales came in lower than expected in Q1, but earnings topped Wall Street's forecast. The company raised its full-year adjusted earnings growth target to between 5% and 6% -- up from previous guidance for growth between 4% and 5%. Verizon (VZ +1.55%) stock closed out Monday's trading in the green. The telecom company's share price gained 1.5% in the daily session and had been up as much as 4.5% earlier in trading. The S&P 500 ended the day up 0.1%, and the Nasdaq Composite climbed 0.2% in the session. Verizon published its first-quarter results before the market opened this morning and reported mixed sales and earnings for the period. With the modest gain recorded in today's session, the stock is now up roughly 16% year to date. Image source: Getty Images. Verizon beat Q1 earnings despite a sales miss Verizon posted a non-GAAP (adjusted) profit of $1.28 per share on revenue of roughly $34.4 billion in the first quarter. The company's adjusted profit per share beat the average analyst forecast by $0.07, but sales fell roughly $490 million short of the average Wall Street analyst target for the period. Sales growth of 2.7% year over year in the quarter fell short of analyst's estimate, but stronger-than-expected margins paved the way for an earnings beat that helped support gains for the stock. ExpandNYSE: VZVerizon CommunicationsToday's Change(1.55%) $0.72Current Price$47.10Key Data PointsMarket Cap$196BDay's Range$46.74 - $48.6552wk Range$38.39 - $51.68Volume38MAvg Vol31MGross Margin45.79%Dividend Yield5.96% What's next for Verizon? With its Q1 report, Verizon raised its full-year target for adjusted earnings-per-share growth to between 5% and 6%. Previously, the company had targeted annual growth between 4% and 5% for adjusted earnings per share. Verizon's ability to deliver better-than-expected earnings growth despite softer-than-expected sales in the first quarter was a bullish indicator, and management's decision to raise guidance suggests that positive profit trends will continue. The company also said that it expected postpaid phone net additions for the year to be in the upper half of its previous guidance for adds between 750,000 and 1 million -- supporting a solid performance outlook for the remainder of the year. Read NextApr 27, 2026 •By Daniel SparksThis Stock Has a Mouth-Watering 6% Dividend Yield -- and It's a BuyApr 27, 2026 •By Motley Fool TranscribingVerizon (VZ) Q1 2026 Earnings TranscriptApr 26, 2026 •By Todd ShriberThis Monster Dividend Stock Boasts the Free Cash Flow to Mint MillionairesApr 20, 2026 •By Robin Hartill, CFP8 Best Index Funds to Buy in April 2026Apr 18, 2026 •By Daniel SparksWhy I Love This Dividend Stock and Its 6% YieldApr 16, 2026 •By Kristi WaterworthBest Real Estate Stocks for 2026 and How to InvestAbout the AuthorKeith Noonan is a contributing writer at The Motley Fool covering technology, consumer goods, and other sectors. He holds a bachelor’s degree in English from Boston College.TMFNoonsStocks MentionedVerizon CommunicationsNYSE: VZ$47.10(+1.55%)+$0.72*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.