AT&T (NYSE:T) Trading Down 3.1% – Time to Sell?

Posted by Francis Steltz on Jul 30th, 2026

AT&T logo AT&T Inc. (NYSE:T – Get Free Report) fell 3.1% on Thursday . The stock traded as low as $23.14 and last traded at $23.1870. 49,331,735 shares were traded during trading, a decline of 4% from the average daily volume of 51,620,020 shares. The stock had previously closed at $23.94.

Trending Headlines about AT&T

Here are the key news stories impacting AT&T this week:

Positive Sentiment: AT&T completed its approximately $23 billion acquisition of EchoStar spectrum licenses, adding about 50 MHz of nationwide low- and mid-band spectrum. The added capacity could improve 5G speed, coverage and network competitiveness across virtually every U.S. market. AT&T reaffirmed its previously issued financial outlook and capital-allocation plan. AT&T closes $23 billion deal to acquire spectrum from EchoStar
Positive Sentiment: AT&T’s Internet Air 5G home broadband service reached 2 million subscribers, adding its second million in roughly half the time required to reach the first. More than half of customers also use AT&T wireless, highlighting cross-selling potential and supporting the company’s converged-services strategy. AT&T Internet Air Doubles Subscribers in Almost Half the Time
Positive Sentiment: AT&T expanded its use of D-Wave’s quantum-computing technology for network optimization. The technology reportedly reduced a network task from about 60 minutes to 15 seconds, potentially offering long-term efficiency benefits, although the financial impact is not yet quantified. D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
Neutral Sentiment: AT&T is raising prices for additional legacy wireless-plan customers beginning in August. The move could lift average revenue per user and encourage migration to newer plans, but investor reaction may depend on customer retention and churn. AT&T Is Raising Prices for More Legacy Customers
Negative Sentiment: The $23 billion spectrum purchase increases near-term capital demands and raises questions about returns on the investment, contributing to pressure on the shares despite the potential network benefits. Erste Group Bank made only a modest reduction to its FY2027 EPS forecast, to $2.55 from $2.56, signaling limited immediate earnings momentum. AT&T Closes Acquisition of Spectrum Licenses from EchoStar

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on T shares. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Weiss Ratings downgraded shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, July 20th. The Goldman Sachs Group set a $30.00 price objective on shares of AT&T in a research report on Wednesday, July 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 target price on shares of AT&T in a report on Monday, July 13th. Finally, Morgan Stanley increased their target price on shares of AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $29.19.

Read Our Latest Analysis on T

AT&T Trading Down 3.1%

The stock has a market capitalization of $158.89 billion, a price-to-earnings ratio of 7.68, a PEG ratio of 1.00 and a beta of 0.24. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The business has a 50-day moving average of $22.77 and a 200-day moving average of $25.24.

AT&T (NYSE:T – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts forecast that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s payout ratio is presently 36.75%.

Institutional Trading of AT&T

A number of large investors have recently bought and sold shares of T. Brighton Jones LLC raised its holdings in shares of AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after buying an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. grew its holdings in shares of AT&T by 4,352.9% during the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in shares of AT&T by 4.0% during the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after buying an additional 1,022 shares during the last quarter. HUB Investment Partners LLC increased its position in AT&T by 19.6% in the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock valued at $1,613,000 after acquiring an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp increased its position in AT&T by 1.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock valued at $5,992,000 after acquiring an additional 3,677 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Company Profile

(Get Free Report)

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.