Telefonica Brasil S.A. (VIV) Releases Q1 2026 Earnings: Revenue Falls Sharply but EPS Rises

By: Quiver EarningsTracker

Posted: 3 days, 22 hours ago / May 11, 2026 4:16 p.m. UTC

VIV

Telefonica Brasil S.A. (VIV) reported Q1 2026 results with total revenue of $3.0 billion (down 42.6% year-over-year) while gross profit rose to $2.4 billion (up 3.9% YoY).

Operating profit: $448 million (down 38.5% YoY).

Net income attributable to common shareholders: $243 million (down 37.7% YoY).

Diluted earnings per share: $0.15 (up 153.2% YoY).

Cash from operating activities: $830 million (down 58.8% YoY).

Purchases of property, plant and equipment: -$395.3 million (down 53.9% YoY).

Cash and cash equivalents: $1.74 billion (up 21.5% YoY).

Cost of sales: $575 million (fell 120.0% YoY).

Total liabilities: $11.7 billion (up 14.0% YoY).

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Telefonica Brasil S.A. Hedge Fund Activity

We have seen 102 institutional investors add shares of Telefonica Brasil S.A. stock to their portfolio, and 103 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MACQUARIE GROUP LTD removed 2,778,424 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $32,952,108
BLACKROCK, INC. added 1,790,155 shares (+35.0%) to their portfolio in Q4 2025, for an estimated $21,231,238
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 725,433 shares (-12.7%) from their portfolio in Q4 2025, for an estimated $8,603,635
BANK OF AMERICA CORP /DE/ added 624,333 shares (+193.5%) to their portfolio in Q4 2025, for an estimated $7,404,589
ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. added 565,840 shares (+3.3%) to their portfolio in Q1 2026, for an estimated $9,002,514
MORGAN STANLEY added 469,924 shares (+70.0%) to their portfolio in Q4 2025, for an estimated $5,573,298
OMERS ADMINISTRATION CORP removed 417,400 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $4,950,364

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Telefonica Brasil S.A. Analyst Ratings

Wall Street analysts have issued reports on $VIV in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Sell" rating on 03/11/2026

To track analyst ratings and price targets for Telefonica Brasil S.A., check out Quiver Quantitative's $VIV forecast page.

Telefonica Brasil S.A. Price Targets

Multiple analysts have issued price targets for $VIV recently. We have seen 2 analysts offer price targets for $VIV in the last 6 months, with a median target of $15.9.

Here are some recent targets:

Mathieu Robilliard from Barclays set a target price of $16.5 on 04/17/2026
Andres Coello from Scotiabank set a target price of $15.3 on 03/30/2026