VIV · NYSE · Telecommunications Services

Telefônica Brasil (ADR) (VIV)

Connects Brazil through Vivo mobile, fiber and enterprise digital services.

$11.87
vs last close−0.15 (−1.29%)
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Telefônica Brasil S.A.VIV
Communication Services

Provides mobile service, fiber broadband, corporate data, ICT and digital services, plus devices across Brazil under the Vivo brand. Mobile service is the largest commercial category within a single consolidated operating segment, while Telefónica controls the issuer.

Provides mobile service, fiber broadband, corporate data, ICT and digital services, plus handsets and electronics through the Vivo brand across Brazil.

Operates as a single consolidated segment, with mobile service as the largest commercial category. Growth of the fixed network has been built through GVT, FiBrasil and fiber-to-the-home expansion, while the acquired Oi mobile assets added customers and network resources.

Combines a nationwide mobile platform with a fixed-line heritage rooted in São Paulo. The business depends on regulated spectrum and network infrastructure, Telefónica control, and Anatel obligations that require continued fixed service and further mobile and transport-network deployment.

Company facts

CEOChristian Mauad Gebara
ListedNov 23, 2020
ExchangeNYSE
HeadquartersSão Paulo, SP
CountryBrazil
Employees35,010
CIK0001066119
ISINUS87936R2058

Market cap$19.24B
EPS (ttm)$0.8087
P/E (ttm)14.86
ROE9.7%
P/B1.50
P/S1.59
Dividend yieldDiv yield4.39%
Beta0.58vs XLC 0.05

Price target$14.70+22.3%Average of 12 analysts
ConsensusHold5 of 12 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 20, 2026Morgan StanleyTarget
Target: $12
Target: $14
Jul 29, 2026BarclaysTarget
Target: $15.50
Target: $16
Jul 16, 2026BarclaysReiterate
Rating: Target: $16.50
Rating: Equal WeightTarget: $15.50
May 27, 2026ScotiabankReiterate
Rating: Target: $10.40
Rating: Sector PerformTarget: $15.40
May 17, 2026Goldman SachsTarget
Target:
Target: $13.90

Next report
Nov 10, 26
in 49 days
EPS estimate
$0.24
Revenue estimate
$3.08B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Nov '24May '25Jul '25Oct '25Feb '26May '26Jul '26Nov '26
Reported$0.18$0.11$0.15$0.22$0.22$0.15$0.19Pending
Estimate$0.16$0.12$0.16$0.19$0.17$0.17$0.23$0.24
Surprise+12.5%−8.3%−6.3%+15.8%+29.4%−11.8%−17.4%

RevenueReportedEstimate

Nov '24May '25Jul '25Oct '25Feb '26May '26Jul '26Nov '26
Reported$2.57B$2.46B$2.70B$2.80B$3.03B$3.16B$3.08BPending
Estimate$2.33B$2.54B$2.70B$2.88B$2.93B$2.99B$3.04B$3.08B
Surprise+10.2%−2.8%−0.1%−2.6%+3.6%+5.4%+1.2%
Estimate$0.24
ReportedDue Nov 10, 2026
Estimate$3.08B
ReportedDue Nov 10, 2026
View details

Debt to equity30.10%
Current ratio95.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.74B$2.85B$2.81B$2.86B$2.92B$3.10B$2.97B$3.08B
Net income$326.0M$344.7M$206.8M$262.7M$369.2M$372.5M$241.9M$307.5M
Net margin11.9%12.1%7.4%9.2%12.6%12.0%8.2%10.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$447.9M$475.2M$388.0M$438.8M$541.2M$482.0M$438.8M$507.7M
YoY growth+8.2%+8.0%+3.9%+10.0%+20.8%+1.4%+13.1%+15.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.67B · Total debt $3.85B · Total assets $25.20B · Shareholders' equity $12.79B

Revenue
$3.08B
Operating income
$507.7M
Net income
$307.5M

Reported in BRL, converted at the latest exchange rate

View details

Dividend yield
4.39%
Next ex-date
Sep 28, 26
in 6 days
Annual dividend
$0.53
per share
Schedule
Monthly
12 payments a year

HistoryDividendAnnual yieldUpcoming

Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26
Dividend$0.0389$0.0239$0.046$0.0748$0.0278$0.0612$0.042$0.0607
Annual yield3.57%2.87%2.97%3.85%3.67%3.98%4.66%4.72%
Ex-dateFeb 24Mar 26Apr 28May 28Jun 29Jul 28Aug 27Sep 28
Payment dateJul 21Jul 21
View details

Institutions3.90%62.42M ADS
227 holders · as of Jun 30, 2026
Insiders0.00%20.0K ADS
1 holder · as of Mar 18, 2026
Other96.10%1.54B ADS
remainder

1.60B ADS as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2024 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Robeco Institutional Asset Management B.V.Institution
0.96%15.41M ADSas of Jun 30, 2026
BlackRock, Inc.Institution
0.41%6.50M ADSas of Jun 30, 2026
Arrowstreet Capital, Limited PartnershipInstitution
0.26%4.19M ADSas of Jun 30, 2026
Brandes Investment Partners, LPInstitution
0.25%3.96M ADSas of Jun 30, 2026
Invesco Ltd.Institution
0.23%3.71M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • América Móvil (ADR)

    National-scale rival across mobile, broadband, bundles, and enterprise ICT

  • TIM (ADR)

    National mobile rival with 5G, selective broadband, and B2B overlap

Compare

CompanyPriceChange
Telefônica Brasil (ADR)$11.87−1.29%$19.24B14.913.51.6+14.2%
América Móvil (ADR)$22.16−1.29%$67.37B12.914.11.2+10.5%
TIM (ADR)$18.82−0.61%$9.04B10.712.11.7+12.0%
Median11.813.11.5+11.3%