AT&T (NYSE:T) Shares Down 1.8% – What’s Next?

Posted by Stanley Muller on Aug 29th, 2026

AT&T logo AT&T Inc. (NYSE:T – Get Free Report)’s stock price was down 1.8% during mid-day trading on Thursday . The company traded as low as $25.28 and last traded at $25.4160. 26,063,311 shares were traded during trading, a decline of 48% from the average daily volume of 49,919,945 shares. The stock had previously closed at $25.87.

AT&T News Roundup

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

Positive Sentiment: AT&T’s operating margin reportedly reached a multi-year high as the company winds down its copper network. Lower legacy-network costs and operating leverage could improve profitability and support cash generation. AT&T Stock’s Margin Hit A Multi-Year Best As Its Copper Network Winds Down
Positive Sentiment: Recent bullish investment analysis argues that AT&T’s turnaround has further upside, citing its discounted valuation, robust cash flows, fiber expansion, and growth in its Advanced Connectivity segment. Management’s target for 2026 EBITDA growth of 3%–4%, accelerating to more than 5% annually from 2028, strengthens the long-term case. AT&T Doesn’t Need Heroic Results To Offer Heroic Upside
Positive Sentiment: AT&T’s investment and partnership with Hark could position its network as an infrastructure provider for AI-native, always-connected consumer devices. The opportunity is early-stage but offers potential exposure to new connectivity demand beyond smartphones. Investors Reacting to AT&T Backing Hark’s AI-Native Device Ecosystem
Neutral Sentiment: AT&T, T-Mobile, and Verizon are described as overcoming a shared competitive or regulatory challenge involving satellite-based connectivity. The development may ease concerns about satellite disruption, but the article provides limited detail on its direct financial impact. AT&T, T-Mobile, and Verizon Defeat a Common Foe
Neutral Sentiment: AT&T will release third-quarter 2026 results before the market opens on October 21 and hold a conference call afterward. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess subscriber trends, fiber growth, margins, and guidance. AT&T to Release Third-Quarter 2026 Earnings on Oct. 21
Neutral Sentiment: AT&T is promoting free Turbo Live access at select football season openers and selling season passes. The campaign could support brand engagement and customer acquisition, but its immediate financial contribution is likely limited. AT&T Kicks Off Football Season with Free Turbo Live

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wells Fargo & Company upped their price target on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a research report on Thursday, July 23rd. Oppenheimer cut AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. TD Cowen upped their target price on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

Check Out Our Latest Research Report on T

AT&T Price Performance

The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. The firm’s 50-day moving average is $23.15 and its 200-day moving average is $25.23. The company has a market cap of $178.37 billion, a PE ratio of 8.62, a PEG ratio of 1.03 and a beta of 0.23.

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 company had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. AT&T’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts anticipate that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. AT&T’s dividend payout ratio is currently 36.75%.

Institutional Investors Weigh In On AT&T

Hedge funds have recently made changes to their positions in the company. Safe Harbor Fiduciary LLC bought a new stake in shares of AT&T during the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new position in shares of AT&T in the 4th quarter worth about $26,000. Blueline Advisors LLC bought a new position in shares of AT&T in the 4th quarter worth about $26,000. Winnow Wealth LLC increased its stake in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after acquiring an additional 820 shares in the last quarter. Finally, Orion Capital Management LLC purchased a new position in AT&T during the 2nd quarter valued at about $26,000. 57.10% of the stock is currently owned by institutional investors.

AT&T Company Profile

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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.