The AT&T Inc (T) share price is expected to increase by 2.69% over the next year. This is based on calculating the average 12-month share price estimate provided by 30 stock analysts who have covered T. Price targets range from $13 at the low end to $30 at the high end. The current analyst consensus for T is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 30 Wall Street analysts have assigned T 9 buy ratings, 20 hold ratings, and 1 sell ratings. This means that analysts expect AT&T Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on T. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of T.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jonathan Atkin RBC Capital | Sector Perform | $22 | Reiterates | Oct 24, 2024 |
Vijay Jayant Evercore ISI Group | In-Line | $21 | Maintains | Oct 24, 2024 |
Kannan Venkateshwar Barclays | Overweight | $24 | Maintains | Oct 24, 2024 |
Eric Luebchow Wells Fargo | Overweight | $24 | Maintains | Oct 24, 2024 |
Timothy Horan Oppenheimer | Outperform | $24 | Maintains | Oct 24, 2024 |
Eric Luebchow Wells Fargo | Overweight | $25 | Maintains | Oct 14, 2024 |
Ivan Feinseth Tigress Financial | Buy | $30 | Maintains | Sep 27, 2024 |
Michael Rollins Citigroup | Buy | $24 | Maintains | Sep 11, 2024 |
Craig Moffett MoffettNathanson | Neutral | $18 | Maintains | Aug 15, 2024 |
Vijay Jayant Evercore ISI Group | In-Line | $19 | Maintains | Jul 25, 2024 |
Gregory Williams TD Cowen | Hold | $23 | Maintains | Jul 25, 2024 |
Richard Choe JP Morgan | Overweight | $24 | Maintains | Jul 25, 2024 |
Jeff Fan Scotiabank | Sector Outperform | $24 | Maintains | Jul 25, 2024 |
Kannan Venkateshwar Barclays | Overweight | $22 | Maintains | Jul 25, 2024 |
Jonathan Atkin RBC Capital | Sector Perform | $19 | Maintains | Jul 25, 2024 |
Timothy Horan Oppenheimer | Outperform | $23 | Maintains | Jul 25, 2024 |
Maher Yaghi Scotiabank | Sector Outperform | $23 | Maintains | Jul 10, 2024 |
Jonathan Atkin RBC Capital | Sector Perform | $18 | Reiterates | Jul 10, 2024 |
James Schneider Goldman Sachs | Buy | $22 | Initiates | Jul 1, 2024 |
Bryan Kraft Deutsche Bank | Buy | $26 | Maintains | Jun 28, 2024 |
When did it IPO
1984
Staff Count
146,040
Country
United States
Sector/Industry
Communication Services/Telecom Services
CEO
Mr. John T. Stankey
Market Cap
$159.33B
In 2023, T generated $122.43B in revenue, which was a increase of 1.40% from the previous year. This can be seen as a signal that T's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The telecom giant is experiencing growth following the completion of a multi-year strategic reorientation.
Why It Matters - A successful strategic reorientation can lead to improved financial performance, increased market share, and potential growth opportunities, signaling a positive outlook for investors.
Summary - Englanderโs Millennium has sold nearly 9 million shares of AT&T since the start of 2024, reallocating investments towards a controversial AI stock.
Why It Matters - The shift from AT&T to an AI stock signals changing investor sentiment, potentially impacting AT&T's stock performance and highlighting AI's growing appeal in the market.
Summary - AT&T updated its free cash flow target and deleverage plan, indicating potential for improved growth CAPEX in the next 1-2 years, which may positively impact stock prices.
Why It Matters - AT&T's revised free cash flow target and deleveraging plan indicate potential financial stability, suggesting improved growth prospects and a likely positive impact on stock prices.
Summary - U.S. Cellular (NYSE: USM) announced a $1.018 billion agreement to sell part of its spectrum licenses to AT&T (NYSE: T), part of its strategy to monetize retained spectrum.
Why It Matters - UScellular's $1.018 billion spectrum sale to AT&T signals a strategic move to enhance liquidity and focus on core operations, potentially boosting shareholder value and market perception.
Summary - Many tech stocks are considered overvalued due to the prolonged AI-driven rally, according to 24/7 Wall St. Insights.
Why It Matters - Overvalued tech stocks may face corrections, impacting investment returns. Caution is advised as market adjustments could lead to volatility in sector performance.
Summary - Certain stocks are identified as having potential for both growth and income, making them attractive options for investors seeking balanced returns.
Why It Matters - Stocks identified as growth and income plays can offer both capital appreciation and dividend income, appealing to diverse investment strategies and potentially enhancing portfolio performance.