Telefonica Brasil S.a. is a US-listed company in the integrated telecommunication services industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$6.9
Valuation models combined (3)
Base case. Range ~$6.6–$7.4. Weighted average of 3 models (price-to-earnings vs peers, residual income, justified price-to-book), the price-to-earnings vs peers counting double.
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Telefonica Brasil S.a. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds120 adding, 107 cuttingOf 23 active managers that changed their stake, 10 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Share count rising (dilution): Diluted shares outstanding rose 96.2% year over year.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Telefonica Brasil S.a.'s latest figures clears our strength thresholds.
Things to watch
- Share dilution. Diluted shares rose 96.2% in a year.
- Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.
Latest results
- Earnings per share
- $0.98 against an average estimate of $1.14: missed by 14.1%
- Next report
- November 10, 2026
Price chart
- 1 day-0.4%
- 1 week-0.7%
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Third-party market data · may be delayed
At a glance
Profitability
- EPS (TTM, diluted)
- $0.69
Growth
- Share count change
- +96.2%
Cash
- Free cash flow (TTM)
- $2B
News & updates
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for VIV from the sources we follow. See filings →
Valuation models
We value Telefonica Brasil S.a. as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.8 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | ~$6.6 ~$6.8–$16 | Primary model, counts double |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$7.4 ~$5.5–$10 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$7.1 ~$6.2–$8.5 | Included |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | — | Does not apply: earnings are positive: price-to-earnings is the better measure |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$6.9 ~$6.6–$7.4 | 3 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Telefonica Brasil S.a. with Integrated Telecommunication Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 10, 2026, after the close.
Analysts' consensus
No analyst estimates are published for Telefonica Brasil S.a.: too few analysts cover it.
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $1.14 | $0.98 | −14.1% |
| Mar 2026 | $1.16 | $0.78 | −32.8% |
| Dec 2025 | $1.01 | $1.18 | +17.3% |
| Sept 2025 | $0.97 | $0.59 | −39.2% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 0.9% of tradable shares
- Days to cover
- 1.96 at average volume
- Short interest, 1 month
- +4% to October 15, 2026
- Held by institutions
- 4% of shares
- Held by insiders
- 0.0% of shares
- Employees
- 35,010 full time
Share-price performance
Market data may be delayedPrice behaviour
- 52-week range
- Not enough history
- From 52-week high
- —
- vs 50-day average
- —
- vs 200-day average
- —
- Volatility (1 year)
- —
- Beta vs S&P 500
- —
Fundamentals
Financial health
- Short-term assets cover short-term liabilities $4.6bn of assets due within a year against $4.6bn of liabilities due within a year.
- Short-term assets cover long-term liabilities $4.6bn short-term assets against $6.2bn of longer-dated liabilities.
- More cash than debt Cash or debt not separately reported. Not assessable.
- Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
- Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
- A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
- Operating profit covers interest at least five times over Interest not separately reported. Not assessable.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $313M
- Dividends (TTM)
- $392M
- Returned to shareholders
- 35%
- of free cash flow
- Buybacks, last 3 fiscal years
- $653M
- Diluted share count
- +96.2%
- year over year
- Dividend payout ratio
- 36%
- of net income paid out
Who owns it
Funds buying and selling- Reported value
- $822M
- Institutions reporting
- 226
- Shares held vs prior quarter
- ▼ 4.6%
- Positions opened / closed
- 34 / 32
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Robeco Institutional Asset Management B.V. | $203M | 15.4M | 24.7% | ▼ 13.0% |
| Blackrock, Inc. | $85.5M | 6.5M | 10.4% | ▼ 17.0% |
| Arrowstreet Capital, Limited Partnership | $55.1M | 4.2M | 6.7% | ▼ 9.1% |
| Brandes Investment Partners, LP | $52.2M | 4.0M | 6.3% | ▲ 61.8% |
| Invesco Ltd. | $48.8M | 3.7M | 5.9% | ▼ 0.4% |
| Aberdeen Group PLC | $38.9M | 3.0M | 4.7% | ▼ 1.7% |
| Nomura Asset Management International Inc. | $21.5M | 1.6M | 2.6% | ▼ 15.7% |
| Amundi | $16M | 1.2M | 1.9% | ▲ 1.3% |
| Renaissance Technologies LLC | $15.9M | 1.2M | 1.9% | ▼ 17.7% |
| Morgan Stanley | $13.3M | 1.0M | 1.6% | ▲ 73.4% |
| Envestnet Asset Management Inc | $12M | 911K | 1.5% | ▲ 13.1% |
| O'Shaughnessy Asset Management, LLC | $11.3M | 862K | 1.4% | ▲ 2.1% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Telefonica Brasil S.a.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chartFrom insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Trades by members of Congress
All 3 trades and filingsNo trades in Telefonica Brasil S.a. disclosed in the last 12 months; 3 earlier trades on record.
- Michael K. SimpsonSale (full), $1,001 - $15,000, traded January 13, 2021, filed May 12, 2023
- Michael K. SimpsonSale (full), $1,001 - $15,000, traded January 11, 2021, filed February 1, 2021
- John H. RutherfordPurchase, $1,001 - $15,000, traded July 11, 2017, filed August 20, 2018
Earnings dates and SEC filings
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Telefonica Brasil S.a. in brief
- What does Telefonica Brasil S.a. do?
- Telefonica Brasil S.a. is a US-listed company in the integrated telecommunication services industry. Its financial year ends in December.
- What is Telefonica Brasil S.a.'s stock ticker?
- Telefonica Brasil S.a. trades under the ticker VIV on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Telefonica Brasil S.a.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Robeco Institutional Asset Management B.V., Blackrock, Inc. and Arrowstreet Capital, Limited Partnership. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Is Telefonica Brasil S.a. buying back stock, and does it pay a dividend?
- Telefonica Brasil S.a. spent $313M on share repurchases over the trailing twelve months, and its diluted share count still rose 96.2% over the year.
- Does Telefonica Brasil S.a. pay a dividend?
- Yes: Telefonica Brasil S.a. paid $392M in dividends over the trailing twelve months and a payout ratio of 35.5%.
- When is Telefonica Brasil S.a.'s next earnings date?
- Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Telefonica Brasil S.a. announces its own schedule.
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