AT&T Inc. (NYSE:T) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts consensus: AT&T has a "Moderate Buy" consensus from 22 brokerages (14 buy, 7 hold, 1 strong buy) with an average 12‑month price target of $30.70.
• Institutional interest: Large funds increased positions—Norges Bank opened a ~$2.18B stake and Amundi, Alyeska and State Street materially added shares—leaving institutions owning 57.1% of the stock.
• Financial and risk snapshot: Q results slightly beat expectations and AT&T set FY2026 EPS guidance of 2.25–2.35, while it pays a ~$1.11 annual dividend (~4.3% yield); however, a significant decline in free cash flow and reports of very large multi‑decade capex (~$250B) raise concerns about dividend sustainability.

Shares of AT&T Inc. (NYSE:T - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twenty-two brokerages that are presently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $30.7045.

A number of analysts recently weighed in on T shares. Weiss Ratings reissued a "buy (b-)" rating on shares of AT&T in a research report on Monday, December 29th. Wells Fargo & Company reduced their price objective on shares of AT&T from $29.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. UBS Group reissued a "buy" rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Arete Research raised shares of AT&T from a "sell" rating to a "neutral" rating and set a $28.00 price objective on the stock in a research report on Tuesday, March 10th.

Institutional Investors Weigh In On AT&T

A number of institutional investors and hedge funds have recently added to or reduced their stakes in T. Norges Bank bought a new stake in AT&T during the 4th quarter valued at about $2,181,977,000. Amundi lifted its holdings in AT&T by 67.5% during the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company's stock valued at $1,094,184,000 after buying an additional 17,040,328 shares in the last quarter. Alyeska Investment Group L.P. lifted its holdings in AT&T by 620.8% during the 4th quarter. Alyeska Investment Group L.P. now owns 11,891,778 shares of the technology company's stock valued at $295,392,000 after buying an additional 10,241,949 shares in the last quarter. State Street Corp lifted its holdings in AT&T by 2.6% during the 4th quarter. State Street Corp now owns 332,089,723 shares of the technology company's stock valued at $8,249,109,000 after buying an additional 8,314,678 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in AT&T by 49.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 25,155,597 shares of the technology company's stock valued at $624,865,000 after buying an additional 8,297,201 shares in the last quarter. Institutional investors own 57.10% of the company's stock.

AT&T Price Performance

AT&T stock opened at $25.54 on Tuesday. The firm has a 50-day moving average price of $27.65 and a 200-day moving average price of $26.04. The firm has a market capitalization of $178.37 billion, a PE ratio of 8.57, a price-to-earnings-growth ratio of 0.98 and a beta of 0.34. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. AT&T has a 12-month low of $22.95 and a 12-month high of $29.79.

AT&T (NYSE:T - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The firm had revenue of $31.51 billion during the quarter, compared to analysts' expectations of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts forecast that AT&T will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, April 10th. AT&T's dividend payout ratio is 37.25%.

Key AT&T News

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

• Positive Sentiment: Quarterly results topped expectations and the Lumen integration is running ahead of schedule, supporting near-term operational momentum. AT&T Delivered A Double Beat, And The Lumen Integration Is Ahead Of Schedule
• Positive Sentiment: High dividend yield (about 4.2%) keeps income investors interested; AT&T was listed among top Fortune 500 dividend stocks even as Scotiabank trimmed its price target slightly. AT&T (T) – Among the 10 Best Fortune 500 Dividend Stocks to Invest in Right Now
• Positive Sentiment: Management is rolling out offers and a OneConnect bundle intended to slow customer losses — if successful, this would stabilize wireless revenue and reduce churn. AT&T bets on OneConnect bundle to curb rising churn
• Positive Sentiment: Coverage pieces note management’s push to restore loyalty with new offers and strategy changes that could slow subscriber losses if execution holds. AT&T CEO hopes new offers will restore customer loyalty
• Neutral Sentiment: Former AT&T VP Jen Asplund joined MCE Systems’ advisory board, potentially deepening vendor relationships but unlikely to move AT&T’s stock materially. Ex-AT&T Veteran Jen Asplund Joins MCE Systems’ Advisory Board to Advance Customer Care Growth in North America
• Negative Sentiment: Free cash flow declined significantly last quarter as AT&T ramps fiber investment — this raises questions about dividend sustainability and near-term cash returns to shareholders. AT&T's Free Cash Flow Declined Significantly Last Quarter. Is Its Dividend Still Safe?
• Negative Sentiment: Reports of a very large multi-decade network spending commitment (reported as $250B) alarm investors because heavy capex can depress free cash flow and pressure the dividend if returns are slow to materialize. AT&T commits $250B to expand U.S. network and curb churn

About AT&T

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.

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