Group 1 - Verizon Communications Inc. announced a quarterly dividend of 69 cents per outstanding share, consistent with the previous quarter, payable on February 2, 2026, to shareholders of record on January 12, 2026 [1] - The company plans to lay off more than 13,000 employees, following an earlier report indicating a reduction of 15,000 employees [2] - The layoffs are part of management's strategy to reduce outsourced and other external expenses, with a $20 million fund set aside for rescaling and career repositioning for the affected employees [3] Group 2 - Verizon is facing increased competition from peers offering cheaper plans, with its stock only marginally up by 3.68% year-to-date [4] - Analysts have set a 12-month average price target of $46 for Verizon, indicating a potential upside of 10.34% from the current stock level [4]

​Verizon Communications Inc. (NYSE:VZ) is one of the Most Undervalued Long Term Stocks to Buy Right Now. On October 21, Sam McHugh from BNP Paribas Exane downgraded Verizon Communications Inc. (NYSE:VZ) from Outperform to Neutral with a price target of $44. ​The company on October 6, had appointed Dan Schulman as Chief Executive Officer to replace Hans Vestberg. Dan Schulman is the former CEO of PayPal. Analyst Sam McHugh noted that this change in leadership has raised questions about the company’s strate ...