AT&T Inc. (NYSE:T) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of AT&T Inc. (NYSE:TGet Free Report) have earned an average recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $29.1875.

A number of equities analysts have recently commented on T shares. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Barclays dropped their price objective on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Royal Bank Of Canada cut their target price on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Oppenheimer cut AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th.

View Our Latest Stock Analysis on AT&T

Key AT&T News

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

  • Positive Sentiment: AT&T launched the amiGO Jr. Tab 2, an upgraded kid-focused tablet using AT&T’s 5G network. Priced at $4.99 per month for 36 months, the device could support customer engagement and reinforce AT&T’s family-oriented product lineup. AT&T amiGO Jr. Tab 2 announcement
  • Neutral Sentiment: AT&T completed a sale of euro- and sterling-denominated global notes, increasing access to international debt markets and providing financing flexibility. However, the issuance also highlights the company’s ongoing leverage, with debt remaining an important consideration for investors. AT&T European debt issuance
  • Negative Sentiment: SpaceX President Gwynne Shotwell said SpaceX plans to build ground-based infrastructure to complement Starlink’s satellite network. A fully integrated mobile service could eventually compete directly with AT&T for wireless customers, particularly in rural areas, dead zones and locations affected by network outages. SpaceX plans terrestrial mobile network
  • Negative Sentiment: Telecom shares broadly moved lower after SpaceX outlined its mobile-network expansion. Investors are concerned that Starlink could pressure AT&T’s long-term customer retention, pricing power and wireless growth prospects. Telecom shares decline on SpaceX expansion
  • Negative Sentiment: Analysts and investors are reassessing whether AT&T’s recent momentum can continue amid heightened SpaceX competition. The stock’s decline reflects near-term uncertainty despite its relatively inexpensive valuation and recent earnings performance. AT&T valuation and SpaceX competition analysis

Hedge Funds Weigh In On AT&T

A number of large investors have recently modified their holdings of the company. Fairway Wealth LLC purchased a new stake in AT&T in the first quarter worth approximately $29,000. Robinswood Financial LLC purchased a new position in shares of AT&T during the first quarter worth approximately $29,000. Safe Harbor Fiduciary LLC purchased a new position in shares of AT&T during the fourth quarter worth approximately $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T in the 4th quarter worth approximately $25,000. Finally, Cresta Advisors Ltd. bought a new stake in shares of AT&T in the 4th quarter worth approximately $26,000. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Down 1.3%

Shares of NYSE T opened at $23.07 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average of $22.58 and a 200-day moving average of $25.23. The firm has a market capitalization of $158.06 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 0.95 and a beta of 0.23. AT&T has a 12 month low of $19.89 and a 12 month high of $29.79.

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

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a dividend of $0.2775 per share. The ex-dividend date was Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. AT&T’s dividend payout ratio is 36.75%.

About AT&T

(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.

See Also

Analyst Recommendations for AT&T (NYSE:T)

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