TEO
Telecom Argentina S.A.
TEO has the edge over VZ overall, supported by stronger fundamentals and stronger modeled upside.
VZ
Verizon Communications Inc.
VZ has lower modeled downside risk, despite its lower overall score.
TEO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
TEO's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
TEO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.5x | $4.91 | -53% |
| Fair | 8x | $8.85 | -16% |
| Current | 9.6x | $10.53 | — |
| Expensive | 34x | $37.02 | +252% |
Historical ranges are pointers, not guarantees.
TEO's PE is 9.6x, but its earnings don't support one, so it isn't a reliable read right now.
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 TEO in the historical PE scenario, which offers more potential upside but is not a forecast.
TEO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect TEO's revenue to grow, but its earnings and profitability to decline.
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.
TEO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.10 | +$1.15 |
| Q2 2023 | -$0.57 | -670% |
| Q1 2023 | -$0.57 | -1050% |
| Q4 2022 | -$0.66 | -6700% |
| Q3 2022 | -$0.63 | -$0.62 |
| Q2 2022 | $0.10 | +$0.12 |
| Q1 2022 | $0.06 | +$0.06 |
| Q4 2021 | $0.01 | +$0.02 |
TEO has returned to profit: it earned $1.10 per share over the past year, after losing money the year before.
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.
TEO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.7B | +34% |
| Q1 2026 | $1.5B | +31% |
| Q4 2025 | $1.8B | +111% |
| Q3 2025 | $1.3B | +110% |
| Q2 2025 | $1.2B | +138% |
| Q1 2025 | $1.2B | +69% |
| Q4 2024 | $831.9M | +25% |
| Q3 2024 | $636.3M | -4.6% |
TEO has the edge over VZ on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 36% | +6.6 points |
| Q1 2026 | 35% | +5.1 points |
| Q4 2025 | -32% | -29 points |
| Q3 2025 | 31% | +35 points |
| Q2 2025 | 29% | +33 points |
| Q1 2025 | 30% | +34 points |
| Q4 2024 | -3.1% | +4.1 points |
| Q3 2024 | -3.7% | +1.8 points |
TEO has the edge over VZ on profitability, with a higher operating margin.
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's revenue has held roughly level: $34.3B last quarter, up 1.5% from the same quarter a year ago.
| 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's operating margin was 25% last quarter, up 1.3 points from the same quarter a year ago, near the top of its range since 2019.
TEO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $203.2M | +66% |
| Q1 2026 | $193.8M | +169% |
| Q4 2025 | $152.9M | +36% |
| Q3 2025 | $142.3M | +75% |
| Q2 2025 | $122.6M | +341% |
| Q1 2025 | $71.9M | -27% |
| Q4 2024 | $112.7M | +81460% |
| Q3 2024 | $81.5M | -48% |
TEO has the edge over VZ on cash flow, with stronger typical year-over-year growth.
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's free cash flow has been positive every quarter for seven years: $39B over the past year, up 1.5% from the year before.
TEO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -6K shares |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | 0% | -2 shares |
| Available history | 0% | +41K shares |
TEO has 431M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $297,680 |
| Q3 2025 | $11M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $15M |
| Q3 2024 | $14M |
TEO spent $11M buying back its own shares over the past year, down 61% from the year before.
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 the edge over TEO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
TEO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 2.0x | Moderate |
| Q4 2024 | 0.9x | Very low |
| Q3 2024 | 1.2x | Healthy |
TEO 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.
TEO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.9 | Neutral |
| Stochastic | 8.9 | Oversold |
TEO's weekly RSI is 40 (neutral) and its Stochastic is 9 (oversold).
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).
TEO PE vs Communication Services Sector
| Metric | TEO | Sector median | Relative |
|---|---|---|---|
| PE | 9.6x | 16x | 42% below |
| PE % | 51 | 26 | 25 pts above |
TEO has the edge over VZ on valuation relative to its sector.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ is trading at 12x earnings, a 28% discount to the Communication Services sector's median of 16x.
TEO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.7 | 10% below |
| 20 week MA | $12.7 | 17% below |
| 50 week MA | $12.3 | 15% below |
| 100 week MA | $11.3 | 6.8% below |
| 200 week MA | $9.16 | 15% above |
TEO has fallen below most of its moving averages, though it's still 15% 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 TEO on trend strength, trading above more of its moving averages.
TEO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.6 | $6.67 | -43% |
| 2021 | $6.67 | $5.15 | -23% |
| 2022 | $5.15 | $4.90 | -4.9% |
| 2023 | $4.90 | $7.15 | +46% |
| 2024 | $7.15 | $13.4 | +87% |
| 2025 | $13.4 | $11.4 | -15% |
| 2026 YTD | $11.4 | $10.5 | -7.6% |
TEO has finished lower in four of the last six years. It's down 7.6% so far in 2026.
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 the edge over TEO on returns for 2026, with the stronger performance.