JOYY
JOYY, Inc. Sponsored ADR Class A
JOYY has a slight edge over VZ overall, supported by stronger modeled upside.
VZ
Verizon Communications Inc.
VZ has slightly lower modeled downside risk, despite its lower overall score.
JOYY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Strong |
JOYY's revenue and balance sheet are currently healthy, and its profitability and cash flow are stable.
VZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
VZ's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
JOYY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.1x | $8.84 | -89% |
| Fair | 11x | $44.59 | -43% |
| Expensive | 17x | $72.85 | -7.5% |
| Current | 19x | $78.74 | — |
Historical ranges are pointers, not guarantees.
JOYY's PE is in its expensive range at 19x.
VZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $32.43 | -30% |
| Forward | 9x | $46.55 | — |
| Fair | 11x | $43.63 | -6.3% |
| Current | 12x | $46.55 | — |
| Expensive | 14x | $56.75 | +22% |
Historical ranges are pointers, not guarantees.
VZ has the edge over JOYY in the historical PE scenario, which offers more potential upside but is not a forecast.
JOYY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect JOYY's earnings to grow and its profitability to improve, with its revenue holding steady.
VZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect VZ's earnings to grow and its profitability to improve, with its revenue holding steady.
JOYY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.20 | -86% |
| Q1 2026 | $4.32 | -85% |
| Q4 2025 | $36.52 | +$39.59 |
| Q3 2025 | $29.89 | +831% |
| Q2 2025 | $29.78 | +819% |
| Q1 2025 | $29.46 | +568% |
| Q4 2024 | -$3.07 | -176% |
| Q3 2024 | $3.21 | +$5.24 |
JOYY has the edge over VZ on earnings, with more consistent year-over-year improvement.
VZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.19 | +32% |
| Q3 2026 | $3.93 | -16% |
| Q2 2026 | $3.85 | -10% |
| Q1 2026 | $4.11 | -2.1% |
| Q4 2025 | $4.06 | -1.9% |
| Q3 2025 | $4.68 | +103% |
| Q2 2025 | $4.29 | +61% |
| Q1 2025 | $4.20 | +57% |
| Q4 2024 | $4.14 | +51% |
VZ's earnings per share have fallen from their peak: $3.93 over the past year, against $5.34 in late 2021.
JOYY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $591.7M | +17% |
| Q1 2026 | $555.7M | +12% |
| Q4 2025 | $581.9M | +5.9% |
| Q3 2025 | $540.2M | -3.3% |
| Q2 2025 | $507.8M | -10% |
| Q1 2025 | $494.4M | -12% |
| Q4 2024 | $549.4M | -3.6% |
| Q3 2024 | $558.7M | -1.5% |
JOYY's revenue is growing: $592M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 2.3% | +1.1 points |
| Q1 2026 | 1.3% | -1.2 points |
| Q4 2025 | 3.1% | -1.8 points |
| Q3 2025 | 3.6% | +0.7 points |
| Q2 2025 | 1.1% | +0.7 points |
| Q1 2025 | 2.5% | +1.8 points |
| Q4 2024 | 4.9% | +4.1 points |
| Q3 2024 | 2.9% | +0.8 points |
JOYY's operating margin was 2.3% last quarter, up 1.1 points from the same quarter a year ago.
VZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.3B | +1.5% |
| Q2 2026 | $34.3B | -0.7% |
| Q1 2026 | $34.4B | +2.9% |
| Q4 2025 | $36.4B | +2% |
| Q3 2025 | $33.8B | +1.5% |
| Q2 2025 | $34.5B | +5.2% |
| Q1 2025 | $33.5B | +1.5% |
| Q4 2024 | $35.7B | +1.6% |
VZ has the edge over JOYY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.3 points |
| Q2 2026 | 21% | -2.7 points |
| Q1 2026 | 24% | +0.1 points |
| Q4 2025 | 14% | -7.1 points |
| Q3 2025 | 24% | +6.2 points |
| Q2 2025 | 24% | -0.2 points |
| Q1 2025 | 24% | +1 points |
| Q4 2024 | 21% | +19 points |
VZ has the edge over JOYY on profitability, with a higher operating margin.
JOYY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
JOYY's free cash flow was $0 over the past year, against $0 the year before.
VZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5B | +2.2% |
| Q2 2026 | $10.4B | +16% |
| Q1 2026 | $8B | +2.6% |
| Q4 2025 | $9.1B | -13% |
| Q3 2025 | $11.3B | +14% |
| Q2 2025 | $9B | -5.4% |
| Q1 2025 | $7.8B | +9.9% |
| Q4 2024 | $10.4B | +20% |
VZ has the edge over JOYY on cash flow, with more consistent year-over-year improvement.
JOYY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +588K shares |
| 1 year | -4.2% | -2.2M shares |
| 3 years | -33% | -25.8M shares |
| 5 years | -34% | -26.9M shares |
| Available history | -36% | -28.9M shares |
JOYY has the edge over VZ on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
JOYY hasn't bought back shares in the past year.
VZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -10M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | -1.3% | -55M shares |
| 5 years | +0.4% | +17M shares |
| Available history | +0.5% | +21M shares |
VZ has 4.2B diluted shares, down 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
JOYY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -1.4x | Net Cash |
| Q4 2025 | -1.6x | Net Cash |
| Q3 2024 | -1.9x | Net Cash |
| Q2 2024 | -3.9x | Net Cash |
| Q1 2024 | -1.7x | Net Cash |
| Q4 2023 | -2.6x | Net Cash |
| Q3 2023 | -1.6x | Net Cash |
JOYY has the edge over VZ on leverage, with a lower net debt burden relative to earnings.
VZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
VZ's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.8 years a year ago.
JOYY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.5 | Neutral |
| Stochastic | 61.7 | Neutral |
JOYY's weekly RSI is 60 (neutral) and its Stochastic is 62 (neutral).
VZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 44.6 | Neutral |
VZ's weekly RSI is 51 (neutral) and its Stochastic is 45 (neutral).
JOYY PE vs Communication Services Sector
| Metric | JOYY | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 16x | 14% above |
| PE % | 90 | 26 | 64 pts above |
JOYY is trading at 19x earnings, a 14% premium to the Communication Services sector's median of 16x.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ has the edge over JOYY on valuation relative to its sector.
JOYY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.7 | 2.5% below |
| 20 week MA | $76.4 | 3.1% above |
| 50 week MA | $68.2 | 16% above |
| 100 week MA | $58.9 | 34% above |
| 200 week MA | $46.4 | 70% above |
JOYY's trend is up, with a small recent dip: it's below only its 8-week average, and 70% above its 200-week average.
VZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.1 | 3.1% above |
| 20 week MA | $46.3 | 0.5% above |
| 50 week MA | $46.1 | 1.1% above |
| 100 week MA | $44.2 | 5.4% above |
| 200 week MA | $41.4 | 12% above |
VZ has the edge over JOYY on trend strength, trading above more of its moving averages.
JOYY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.7 | $77.4 | +41% |
| 2021 | $77.4 | $49.6 | -36% |
| 2022 | $49.6 | $31.9 | -36% |
| 2023 | $31.9 | $39.7 | +24% |
| 2024 | $39.7 | $42.2 | +6.4% |
| 2025 | $42.2 | $66.0 | +56% |
| 2026 YTD | $66.0 | $78.7 | +19% |
JOYY has the edge over VZ on returns for 2026, with the stronger performance.
VZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $58.8 | -4.4% |
| 2021 | $58.8 | $52.7 | -10% |
| 2022 | $52.7 | $38.4 | -27% |
| 2023 | $38.4 | $37.7 | -1.8% |
| 2024 | $37.7 | $39.9 | +5.9% |
| 2025 | $39.9 | $40.5 | +1.4% |
| 2026 YTD | $40.5 | $46.6 | +15% |
VZ has finished lower in four of the last six years. It's up 15% so far in 2026.