AT&T (NYSE:T) Stock Price Up 1.7% – Here’s Why

Posted by Brian Himes on Oct 13th, 2026

AT&T logo Shares of AT&T Inc. (NYSE:T – Get Free Report) traded up 1.7% on Tuesday. The company traded as high as $23.02 and last traded at $22.8660. 46,615,723 shares traded hands during trading, a decline of 4% from the average daily volume of 48,523,121 shares. The stock had previously closed at $22.49.

Trending Headlines about AT&T

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

Positive Sentiment: Erste Group raised its 2026 EPS forecast to $2.34 from $2.33, slightly above the current consensus estimate. The increase reinforces expectations for stable earnings ahead of AT&T’s third-quarter results. MarketBeat AT&T stock report
Positive Sentiment: AT&T’s fiber expansion, network upgrades and positive earnings-surprise outlook could support its upcoming quarterly report. The stock’s relatively low valuation and dividend yield may also attract income-oriented investors after the recent telecom selloff. Read More.
Positive Sentiment: AT&T, T-Mobile and Verizon are pursuing satellite-supported coverage for underserved areas, potentially helping AT&T address rural coverage gaps while sharing the cost of competing with satellite providers. AT&T, T-Mobile and Verizon satellite coverage agreement
Neutral Sentiment: AT&T is waiving certain charges for customers affected by storms and is promoting wireless and iPhone deals. These actions may strengthen customer relationships and retention, but discounts and waived fees could modestly pressure near-term revenue or margins. AT&T storm-related fee waivers
Negative Sentiment: Bernstein downgraded AT&T and reduced price targets across telecom and cable companies, citing SpaceX’s expanding wireless ambitions. Investors fear Starlink’s satellite-to-phone service could eventually challenge traditional carriers, especially in rural markets. Barron’s AT&T downgrade article
Negative Sentiment: AT&T is also using advertising to challenge T-Mobile’s “price lock” claims, highlighting an increasingly aggressive competitive environment that could require higher promotional spending and limit pricing power. AT&T challenges T-Mobile price lock

Wall Street Analysts Forecast Growth

T has been the topic of a number of research reports. Royal Bank Of Canada dropped their target price on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Barclays cut their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Sanford C. Bernstein lowered AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 price target for the company. in a research report on Tuesday. Finally, Argus reduced their target price on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Eleven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and an average target price of $29.05.

View Our Latest Stock Analysis on AT&T

AT&T Price Performance

The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The stock’s fifty day simple moving average is $25.00 and its 200-day simple moving average is $24.57. The company has a market capitalization of $156.69 billion, a P/E ratio of 7.57, a PEG ratio of 1.11 and a beta of 0.25.

AT&T (NYSE:T – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the business posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts forecast that AT&T Inc. will post 2.33 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be paid a $0.2775 dividend. The ex-dividend date is Friday, October 9th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.9%. AT&T’s dividend payout ratio is currently 36.75%.

Institutional Trading of AT&T

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Steel Grove Capital Advisors LLC increased its position in shares of AT&T by 24.8% during the 3rd quarter. Steel Grove Capital Advisors LLC now owns 105,263 shares of the technology company’s stock worth $2,568,000 after purchasing an additional 20,911 shares in the last quarter. Sax Wealth Advisors LLC boosted its position in AT&T by 59.1% in the third quarter. Sax Wealth Advisors LLC now owns 80,017 shares of the technology company’s stock valued at $1,952,000 after buying an additional 29,735 shares in the last quarter. Fragasso Financial Advisors Inc grew its stake in AT&T by 66.6% during the third quarter. Fragasso Financial Advisors Inc now owns 23,577 shares of the technology company’s stock worth $575,000 after buying an additional 9,421 shares during the last quarter. Fermata Advisors LLC grew its stake in AT&T by 17.7% during the third quarter. Fermata Advisors LLC now owns 11,748 shares of the technology company’s stock worth $287,000 after buying an additional 1,769 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC grew its stake in AT&T by 5.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 110,459 shares of the technology company’s stock worth $2,747,000 after buying an additional 5,857 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

About AT&T

(Get Free Report)

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.