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Can Verizon's Strong Automotive Connectivity Solutions Drive Growth?
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Key Takeaways
VZ enables smarter vehicles with 5G and V2X tech for real-time data sharing and safer roads.
VZ supports EVs with battery tracking, route planning and charging management solutions.
VZ partners with GM, Ford, Toyota and Volkswagen to expand connected car capabilities.
Verizon Communications Inc. (VZ - Free Report) offers smart technology solutions for the automotive sector that enable fast information sharing and seamless connectivity for the intelligent transport system. The company has collaborated with major automobile manufacturers, such as General Motors, Ford and Toyota, for connected vehicle and in-car connectivity solutions.
Verizon’s automotive portfolio includes a vehicle-to-everything (V2X) communication platform that enables vehicles to share real-time information with other cars, roads and pedestrians. Super-fast 5G networks help reduce accidents, improve traffic flow and increase driver awareness. Its partnerships with companies like Volkswagen Group show the growing role of telecom companies in automotive innovation.
In the electric vehicle (EV) sector, Verizon helps transport companies track battery performance, plan routes more efficiently, and manage charging systems. These data-based solutions help reduce costs and support more energy-efficient operations. The company also supports the growth of autonomous and software-defined vehicles, which rely on software, cloud services and constant data exchange. Its edge computing solution processes data closer to the vehicle, allowing faster decisions that are important for self-driving technology.
How Are Competitors Performing in the Automotive Industry?
Verizon faces stiff competition from AT&T, Inc. (T - Free Report) and T-Mobile, US, Inc. (TMUS - Free Report) . AT&T is helping make vehicles more connected and smarter through its 5G network and digital solutions. It works with companies like Toyota and Mitsubishi Motors to provide better Internet, navigation and in-car features. The company is also developing new technologies like artificial intelligence (AI)-based entertainment and connected car services.
T-Mobile is working in the automotive industry by providing 5G connectivity for connected and smart vehicles. It is developing technologies like edge computing and advanced network platforms to support real-time data and autonomous driving. T-Mobile has partnered with major automakers to provide connectivity, data services and smart features for modern vehicles.
VZ’s Price Performance, Valuation & Estimates
Verizon has gained 16% over the past year against the industry’s decline of 4.5%.
Image Source: Zacks Investment Research
Going by the price/earnings ratio, the company’s shares currently trade at 9.87, lower than the 12.86 for the industry.
Image Source: Zacks Investment Research
VZ’s earnings estimates for 2026 have increased 1.9% to $4.91 per share, while the same for 2027 have increased 1.7% to $5.26 over the past 60 days.
View the Zacks #1 Rank List
Image: Bigstock
Can Verizon's Strong Automotive Connectivity Solutions Drive Growth?
Key Takeaways
Verizon Communications Inc. (VZ - Free Report) offers smart technology solutions for the automotive sector that enable fast information sharing and seamless connectivity for the intelligent transport system. The company has collaborated with major automobile manufacturers, such as General Motors, Ford and Toyota, for connected vehicle and in-car connectivity solutions.
Verizon’s automotive portfolio includes a vehicle-to-everything (V2X) communication platform that enables vehicles to share real-time information with other cars, roads and pedestrians. Super-fast 5G networks help reduce accidents, improve traffic flow and increase driver awareness. Its partnerships with companies like Volkswagen Group show the growing role of telecom companies in automotive innovation.
In the electric vehicle (EV) sector, Verizon helps transport companies track battery performance, plan routes more efficiently, and manage charging systems. These data-based solutions help reduce costs and support more energy-efficient operations. The company also supports the growth of autonomous and software-defined vehicles, which rely on software, cloud services and constant data exchange. Its edge computing solution processes data closer to the vehicle, allowing faster decisions that are important for self-driving technology.
How Are Competitors Performing in the Automotive Industry?
Verizon faces stiff competition from AT&T, Inc. (T - Free Report) and T-Mobile, US, Inc. (TMUS - Free Report) . AT&T is helping make vehicles more connected and smarter through its 5G network and digital solutions. It works with companies like Toyota and Mitsubishi Motors to provide better Internet, navigation and in-car features. The company is also developing new technologies like artificial intelligence (AI)-based entertainment and connected car services.
T-Mobile is working in the automotive industry by providing 5G connectivity for connected and smart vehicles. It is developing technologies like edge computing and advanced network platforms to support real-time data and autonomous driving. T-Mobile has partnered with major automakers to provide connectivity, data services and smart features for modern vehicles.
VZ’s Price Performance, Valuation & Estimates
Verizon has gained 16% over the past year against the industry’s decline of 4.5%.
Image Source: Zacks Investment Research
Going by the price/earnings ratio, the company’s shares currently trade at 9.87, lower than the 12.86 for the industry.
Image Source: Zacks Investment Research
VZ’s earnings estimates for 2026 have increased 1.9% to $4.91 per share, while the same for 2027 have increased 1.7% to $5.26 over the past 60 days.
Image Source: Zacks Investment Research
Verizon currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.