VIV
Telefônica Brasil S.A.
NYSEUSDEQUITY
Communication Services
DELAYED
Neutral
+14/100
Last price
12.64
▲ 0.02 (0.16%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
12.53
Prev close
12.62
Day high
12.86
Day low
12.59
Volume
1.57M
Market cap
$20.20B
P/E (TTM)
16.21
52W range
11.17 – 17.26
Day trading desk
Gap from prior close
-0.71%
Prior close 12.62
VWAP
12.68
-0.34% from price
Relative volume
2.40×
Unusually busy
Session range
2.79%
12.53 – 12.88
Position in range
31%
Mid range
ATR (14D)
0.35
2.75% of price
Prior day high
12.99
PDH
Prior day low
12.58
PDL
Bid / ask spread
—
Quote not published
Session volume
3.49M
Avg 1.46M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+11.07%
+9.1%
1M
+8.40%
+7.2%
3M
-4.89%
-9.4%
6M
-20.45%
-38.6%
YTD
+6.58%
-7.7%
1Y
+1.85%
-14.6%
3Y
+47.84%
-34.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on VIV open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Fundamentals
Market cap$20.20B
Enterprise value$31.54B
Revenue (TTM)$61.77B
Gross profit$29.81B
EBITDA$20.14B
Net income$6.60B
EPS (TTM)$0.78
Free cash flow$12.59B
Total cash$8.58B
Total debt$19.85B
Book value / share$8.05
Shares outstanding1.60B
Float351.96M
Short % of float0.83%
Dividend yield7.86%
Beta (5Y)0.19
Valuation & profitability ratios
Trailing P/E16.21
Forward P/E12.27
PEG ratio0.90
Price / sales—
Price / book1.57
EV / revenue0.51
EV / EBITDA1.57
Gross margin48.26%
Operating margin17.64%
Profit margin10.68%
Return on equity9.87%
Return on assets5.51%
Debt / equity30.21
Current ratio0.95
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $59.59B | $55.85B | $52.10B | $48.04B | +6.7% |
| Operating revenue | $82.37B | $76.77B | $71.23B | $67.76B | +7.3% |
| Cost of revenue | $32.93B | $31.35B | $29.42B | $27.43B | +5.0% |
| Gross profit | $26.67B | $24.49B | $22.68B | $20.61B | +8.9% |
| Selling, general & admin | $12.87B | $12.06B | $11.57B | $12.03B | +6.7% |
| Total operating expense | $16.77B | $15.57B | $14.88B | $14.23B | +7.7% |
| Operating income | $9.90B | $8.92B | $7.81B | $6.38B | +11.0% |
| Net interest income | -$1.93B | -$1.89B | -$1.87B | -$1.61B | -2.4% |
| Pre-tax income | $7.27B | $6.76B | $5.57B | $4.83B | +7.5% |
| Tax provision | $1.09B | $1.21B | $533.94M | $773.69M | -9.4% |
| Net income | $6.17B | $5.55B | $5.03B | $4.09B | +11.2% |
| Net income to common | $6.17B | $5.55B | $5.03B | $4.09B | +11.2% |
| Basic EPS | 3.82 | 3.38 | 3.03 | 2.44 | +13.0% |
| Diluted EPS | 3.82 | 3.38 | 3.03 | 2.44 | +13.0% |
| EBIT | $8.06B | $7.34B | $6.13B | $5.18B | +9.8% |
| EBITDA | $23.01B | $21.54B | $19.52B | $17.84B | +6.8% |
| Basic shares | 1.61B | 1.64B | 1.66B | 1.67B | -1.6% |
| Diluted shares | 1.61B | 1.64B | 1.66B | 1.67B | -1.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $7.03B | $6.69B | $4.36B | $2.27B | +5.1% |
| Cash & short-term investments | $7.13B | $6.69B | $4.36B | $2.27B | +6.6% |
| Accounts receivable | $10.62B | $9.47B | $9.32B | $8.69B | +12.1% |
| Inventory | $1.48B | $1.10B | $822.81M | $789.72M | +34.5% |
| Total current assets | $25.22B | $22.81B | $19.24B | $17.28B | +10.5% |
| Property, plant & equipment | $47.36B | $46.81B | $46.32B | $45.90B | +1.2% |
| Goodwill & intangibles | $47.97B | $48.26B | $48.96B | $49.73B | -0.6% |
| Total assets | $128.07B | $124.94B | $120.74B | $119.12B | +2.5% |
| Total current liabilities | $25.25B | $24.26B | $20.08B | $22.17B | +4.1% |
| Current debt | $465.69M | $1.93B | $598.57M | $2.52B | -75.8% |
| Long-term debt | $4.45B | $3.57B | $4.54B | $4.75B | +24.5% |
| Total debt | $20.35B | $20.75B | $18.74B | $19.30B | -1.9% |
| Total liabilities | $59.07B | $55.14B | $51.11B | $50.67B | +7.1% |
| Shareholder equity | $68.72B | $69.73B | $69.57B | $68.40B | -1.4% |
| Working capital | -$25.85M | -$1.44B | -$839.22M | -$4.89B | +98.2% |
| Net tangible assets | $20.75B | $21.47B | $20.60B | $18.68B | -3.3% |
| Shares issued | 3.23B | 3.26B | 3.31B | 3.35B | -1.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $7.27B | $6.76B | $5.57B | $4.83B | +7.5% |
| Depreciation & amortisation | $14.94B | $14.20B | $13.39B | $12.66B | +5.2% |
| Change in working capital | -$2.97B | -$1.81B | -$1.12B | -$309.87M | -64.1% |
| Operating cash flow | $20.72B | $19.88B | $18.79B | $18.94B | +4.2% |
| Capital expenditure | -$9.46B | -$9.32B | -$8.81B | -$9.89B | -1.4% |
| Investing cash flow | -$10.02B | -$8.91B | -$7.85B | -$14.20B | -12.4% |
| Share buybacks | -$3.69B | -$2.76B | -$488.76M | -$607.44M | -33.8% |
| Dividends paid | -$2.19B | -$2.53B | -$3.83B | -$5.71B | +13.6% |
| Financing cash flow | -$10.36B | -$8.63B | -$8.85B | -$8.91B | -20.0% |
| Free cash flow | $11.26B | $10.55B | $9.97B | $9.05B | +6.7% |
| End cash position | $7.03B | $6.69B | $4.36B | $2.27B | +5.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $15.76B | $15.46B | $15.61B | $14.95B | $14.65B | +1.9% |
| Operating revenue | $15.76B | $21.67B | $21.76B | $20.56B | $14.65B | -27.3% |
| Cost of revenue | $8.58B | $8.51B | $8.72B | $8.14B | $8.03B | +0.8% |
| Gross profit | $7.18B | $6.94B | $6.89B | $6.80B | $6.62B | +3.4% |
| Selling, general & admin | $3.47B | $3.48B | $3.29B | $3.19B | $3.19B | -0.4% |
| Total operating expense | $4.40B | $4.45B | $4.57B | $3.86B | $4.16B | -1.2% |
| Operating income | $2.78B | $2.49B | $2.33B | $2.94B | $2.46B | +11.4% |
| Net interest income | -$585.96M | -$714.60M | -$480.28M | -$483.62M | -$560.04M | +18.0% |
| Pre-tax income | $1.88B | $1.60B | $2.20B | $2.10B | $1.56B | +17.5% |
| Tax provision | $316.25M | $346.54M | $302.21M | $215.05M | $216.65M | -8.7% |
| Net income | $1.57B | $1.26B | $1.88B | $1.89B | $1.34B | +24.7% |
| Net income to common | $1.57B | $1.26B | $1.88B | $1.89B | $1.34B | +24.7% |
| Basic EPS | 0.98 | 0.78 | 1.18 | 1.18 | 0.84 | +25.6% |
| Diluted EPS | 0.98 | 0.78 | 1.18 | 1.18 | 0.84 | +25.6% |
| EBIT | $2.14B | $2.44B | $2.40B | $2.29B | $1.79B | -12.2% |
| EBITDA | $6.12B | $6.32B | $6.22B | $6.01B | $5.48B | -3.1% |
| Basic shares | 1.61B | 1.60B | 1.59B | 1.60B | 1.60B | +0.5% |
| Diluted shares | 1.61B | 1.60B | 1.59B | 1.60B | 1.60B | +0.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.47B | $9.05B | $7.03B | $6.80B | $9.44B | -6.4% |
| Cash & short-term investments | $8.56B | $9.14B | $7.13B | $6.80B | $9.45B | -6.3% |
| Accounts receivable | $10.50B | $10.30B | $10.62B | $10.05B | $9.31B | +1.9% |
| Inventory | $1.78B | $1.76B | $1.48B | $1.26B | $991.82M | +1.6% |
| Total current assets | $27.94B | $28.63B | $25.22B | $24.25B | $26.34B | -2.4% |
| Property, plant & equipment | $45.94B | $46.38B | $47.36B | $44.73B | $45.23B | -1.0% |
| Goodwill & intangibles | $47.33B | $47.62B | $47.97B | $47.52B | $47.74B | -0.6% |
| Total assets | $128.91B | $130.48B | $128.07B | $123.90B | $126.48B | -1.2% |
| Total current liabilities | $29.38B | $26.05B | $25.25B | $23.88B | $26.80B | +12.8% |
| Current debt | $508.98M | $377.64M | $465.69M | $387.19M | $2.16B | +34.8% |
| Long-term debt | $4.42B | $4.46B | $4.45B | $3.59B | $3.60B | -0.8% |
| Total debt | $19.72B | $19.87B | $20.35B | $18.08B | $20.32B | -0.8% |
| Total liabilities | $63.21B | $60.71B | $59.07B | $55.40B | $58.34B | +4.1% |
| Retained earnings | $1.14B | — | — | — | $1.06B | — |
| Shareholder equity | $65.63B | $69.50B | $68.72B | $68.44B | $68.08B | -5.6% |
| Working capital | -$1.45B | $2.58B | -$25.85M | $369.37M | -$466.77M | -156.1% |
| Net tangible assets | $18.30B | $21.88B | $20.75B | $20.92B | $20.34B | -16.4% |
| Shares issued | 3.23B | 3.23B | 3.23B | 3.23B | 3.26B | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $1.88B | — | — | — | $1.56B | — | — |
| Depreciation & amortisation | $3.98B | $3.88B | $3.82B | $3.72B | — | $3.71B | +2.6% |
| Change in working capital | -$920.96M | -$794.74M | -$1.10B | -$989.77M | -$288.85M | — | -15.9% |
| Operating cash flow | $5.15B | $5.30B | $5.14B | $4.61B | — | $5.09B | -2.7% |
| Capital expenditure | -$2.26B | -$2.41B | -$2.44B | -$2.36B | — | -$2.42B | +6.4% |
| Investing cash flow | -$1.78B | -$2.24B | -$3.32B | -$2.16B | -$2.15B | — | +20.8% |
| Share buybacks | -$407.00K | -$280.00K | -$344.12M | -$2.55B | -$475.23M | — | -45.4% |
| Dividends paid | -$2.50B | -$384.00K | -$317.94M | -$380.00K | -$1.87B | — | -651,616.9% |
| Financing cash flow | -$3.96B | -$1.02B | -$1.59B | -$5.10B | -$2.45B | — | -286.6% |
| Free cash flow | $2.90B | $2.88B | $2.71B | $2.25B | $3.63B | — | +0.4% |
| End cash position | $8.48B | $9.06B | $7.03B | $6.80B | $9.45B | — | -6.4% |
Options analytics
Put / call volume
0.04
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
5.00
-60.4% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
+3.1%
Puts bid over calls
Call volume
122
Contracts, this expiry
Put volume
5
Contracts, this expiry
Heaviest call OI
5.00
0 contracts
Heaviest put OI
7.50
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | 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% |
| Sep 2025 | 0.97 | 0.59 | -39.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.44 | 1 | $15.97B | +6.8% |
| Next quarter | 1.58 | 1 | $16.65B | +6.7% |
| Current year | 4.76 | 3 | $63.71B | +6.9% |
| Next year | 5.38 | 4 | $67.15B | +5.4% |
Analyst targets & ownership
Mean target$15.49
High target$19.85
Low target$13.34
Implied upside22.52%
Analyst count8
ConsensusHOLD
Strong buy / Buy0 / 1
Hold5
Sell / Strong sell1 / 1
Held by insiders0.00%
Held by institutions4.06%
Institutions holding298
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
11.72
+7.83% from price
SMA 20
11.82
+6.97% from price
SMA 50
11.84
+6.79% from price
SMA 100
12.65
-0.11% from price
SMA 200
13.76
-8.15% from price
EMA 12
11.88
+6.41% from price
EMA 26
11.84
+6.74% from price
EMA 50
12.07
+4.73% from price
RSI (14)
67.0
Neutral
MACD (12,26,9)
0.04
Hist 0.10
ATR (14)
0.35
2.75% of price
Realised vol 30D
31.7%
Annualised
Bollinger upper
12.51
20, 2σ
Bollinger lower
11.12
20, 2σ
50 / 200 cross
Death
11.84 vs 13.76
Trend bias
Below 200
-8.15%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.62
Less volatile than market
Correlation to SPY
0.25
Largely independent
Realised vol 30D
31.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-34.5%
Peak to trough
Max drawdown 5Y
-44.5%
Peak to trough
ATR 14
0.35
2.75% of price
Beta (reported)
0.19
5Y monthly, from filing
Short interest
Shares short
2.93M
Prior 3.40M
Change vs prior
-14.0%
Shorts covering
% of float
0.83%
Normal
% of shares out
0.18%
Against total outstanding
Days to cover
2.2
Liquid
Float
351.96M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 16, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| May 27, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| May 12, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Apr 17, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Mar 30, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Mar 12, 26 | Barclays | DOWNGRADE | Overweight | Equal-Weight |
| Mar 11, 26 | UBS | DOWNGRADE | Buy | Sell |
| Sep 10, 25 | Citigroup | INITIATED | — | Neutral |
| Aug 19, 25 | Goldman Sachs | MAINTAINED | Buy | Buy |
| Aug 8, 25 | JP Morgan | DOWNGRADE | Neutral | Underweight |
| Aug 7, 25 | Barclays | MAINTAINED | Overweight | Overweight |
| Jul 31, 25 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
Dividends & splits
Forward rate$0.99 / yr
Forward yield7.86%
5-year avg yield4.17%
Payout ratio120.03%
Ex-dividend dateAug 27, 2026
Next pay date—
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-14
Corporate Changes & Voting Matters
6-K · 2026-09-02
Corporate Changes & Voting Matters
6-K · 2026-08-17
Corporate Changes & Voting Matters
6-K · 2026-08-03
Corporate Changes & Voting Matters
6-K · 2026-07-27
Corporate Changes & Voting Matters
6-K · 2026-07-16
Corporate Changes & Voting Matters
6-K · 2026-07-01
Corporate Changes & Voting Matters
6-K · 2026-06-17
Headlines
Are Options Traders Betting on a Big Move in Telefonica Brasil Stock?
Zacks · 7d ago
Vivendi: Results for the First Half of 2026
Business Wire · 34d ago
America Movil's Mexico Prepaid Rules Could Reshape Subscriber Trends
Zacks · 57d ago
Is AMX Worth Buying Now as Strong Cash Flow Meets Premium Valuation?
Zacks · 57d ago
AMX Falls 11.1% in 3 Months Amid Brazil Rivalry and Currency Risks
Zacks · 57d ago
Telefonica Brasil Q2 Earnings Call Highlights
MarketBeat · 70d ago
Telefonica Brasil SA (VIV) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and ...
GuruFocus.com · 70d ago
2Q26 Results: Telefonica Brasil S.A.
TMX Newsfile · 71d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.