VIV, US87936R2058

Telefônica Brasil stock: Bank of America upgraded Telefônica Brasil stock to Neutral

Published on 10/24/2026 at 02:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America shifted its rating to Neutral on October 13, 2026. For Telefônica Brasil stock, the ex-interest date is October 27, 2026.

Analyst view and shareholder dates

Bank of America upgraded Telefônica Brasil from underperform to neutral on October 13, 2026.
Telefônica Brasil approved a BRL 450 million interest payment on October 14, 2026.
Telefônica Brasil stock was quoted at USD 12.96 on October 23, 2026.

VIV, US87936R2058, Illustration mit AI erstellt.

Telefônica Brasil (ISIN US87936R2058) was upgraded by Bank of America from underperform to neutral on October 13, 2026, according to MarketBeat. The change came as the company prepared a shareholder distribution and its next quarterly reporting cycle.

BRL 450 million shareholder payment

Telefônica Brasil approved BRL 450 million in interest on equity on October 14, 2026. The gross amount was BRL 0.14081834570 per share, while the reported net amount was BRL 371.25 million after withholding tax, Seu Dinheiro reported on October 14, 2026. The payment will be made by April 30, 2027, with the final payment date still to be set by management.

Three dated developments

On July 23, 2026, Telefônica Brasil reported quarterly adjusted earnings per share of USD 0.19 against a USD 0.23 consensus estimate, while revenue reached USD 3.04 billion, according to MarketBeat. Bank of America changed its rating on October 13, 2026. Telefônica Brasil approved the BRL 450 million payment on October 14, 2026.

What does the payment change?

The key date for shareholders is October 26, 2026, when investors must be registered for the payment. The shares are scheduled to trade ex-interest from October 27, 2026, while payment is due by April 30, 2027, according to Seu Dinheiro. The schedule makes the October 26 registration date the next immediate corporate date for the stock.

Operating figures support the context

BTG Pactual said Telefônica Brasil's second-quarter 2026 service revenue rose 6.4 percent year over year to BRL 14.7 billion, while net income increased 17 percent to BRL 1.57 billion. Operating cash flow rose 17.4 percent to BRL 2.64 billion, according to BTG Pactual. Those figures give the distribution a concrete operating backdrop, although the latest reported earnings also missed the cited consensus estimate.

NYSE quote and upcoming dates

Telefônica Brasil was quoted at USD 12.96 on the NYSE on October 23, 2026 at 4:00 p.m. EDT. The same quote showed a 52-week range of USD 11.17 to USD 17.26 and market capitalization of USD 20.7 billion. The next two substantiated dates are October 26, 2026 for shareholder registration and October 27, 2026 for ex-interest trading.

Stock context

The rating change, shareholder payment and operating figures give investors three separate reference points for Telefônica Brasil. The most immediate is the October 26 registration date, while the second-quarter growth figures provide the operating context for the distribution. The further course of trading is shown by the continuously updated real-time quote of Telefônica Brasil stock.