FY2026 Earnings Estimate for AT&T Issued By Erste Group Bank

AT&T Inc. (NYSE:T - Free Report) - Erste Group Bank lifted their FY2026 earnings estimates for shares of AT&T in a research note issued on Monday, April 27th. Erste Group Bank analyst H. Engel now anticipates that the technology company will post earnings of $2.31 per share for the year, up from their prior forecast of $2.30. The consensus estimate for AT&T's current full-year earnings is $2.31 per share.

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, beating analysts' consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. During the same period in the previous year, the business earned $0.51 EPS. The business's revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

Several other equities analysts also recently commented on the stock. BNP Paribas Exane lowered their price objective on shares of AT&T from $28.00 to $26.00 and set a "neutral" rating for the company in a research note on Thursday, April 23rd. Wells Fargo & Company cut their price objective on shares of AT&T from $29.00 to $27.00 and set an "overweight" rating on the stock in a report on Monday, January 26th. Arete Research upgraded shares of AT&T from a "sell" rating to a "neutral" rating and set a $28.00 price target on the stock in a report on Tuesday, March 10th. KeyCorp increased their price target on shares of AT&T from $30.00 to $36.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 25th. Finally, Barclays decreased their price target on shares of AT&T from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, AT&T has a consensus rating of "Moderate Buy" and a consensus price target of $30.55.

AT&T Stock Performance

NYSE T opened at $26.07 on Wednesday. The company has a 50-day simple moving average of $27.60 and a two-hundred day simple moving average of $26.05. The company has a quick ratio of 0.87, a current ratio of 0.92 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. The firm has a market cap of $182.09 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 0.94 and a beta of 0.34.

Institutional Trading of AT&T

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Tsfg LLC increased its holdings in shares of AT&T by 3.6% in the 4th quarter. Tsfg LLC now owns 10,656 shares of the technology company's stock worth $265,000 after buying an additional 366 shares during the last quarter. Lifestyle Asset Management Inc. increased its holdings in shares of AT&T by 3.6% in the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company's stock worth $261,000 after buying an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. increased its holdings in shares of AT&T by 1.2% in the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company's stock worth $794,000 after buying an additional 370 shares during the last quarter. Bruce G. Allen Investments LLC increased its holdings in shares of AT&T by 1.7% in the 4th quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company's stock worth $556,000 after buying an additional 374 shares during the last quarter. Finally, Rockline Wealth Management LLC increased its holdings in shares of AT&T by 3.8% in the 4th quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company's stock worth $259,000 after buying an additional 378 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.

AT&T Dividend Announcement

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

AT&T News Summary

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

• Positive Sentiment: Management is accelerating bundled phone + fiber plans (OneConnect) to retain customers and offset slowing phone growth — a strategy that could stabilize wireless churn and improve lifetime revenue per customer. AT&T Bets On Bundled Phone And Fiber To Steady Growth
• Positive Sentiment: AT&T is backing large capex plans to expand its U.S. network (reported commitments cited widely), signaling long‑term focus on fiber buildout to reduce churn and drive future revenue — positive for competitive positioning if execution remains on track. AT&T commits $250B to expand U.S. network and curb churn
• Positive Sentiment: Regulatory approval for AST SpaceMobile’s large direct‑to‑device satellite network strengthens a partner ecosystem that includes AT&T, potentially extending coverage and new service opportunities if deployments proceed. AST SpaceMobile Gets FCC Green Light for Direct-to-Device Service After Launch Setback
• Neutral Sentiment: AT&T remains a high‑dividend name and was featured among attractive Fortune 500 dividend stocks; that supports income‑oriented demand but doesn’t change fundamentals. (Scotiabank slightly trimmed its PT to $31.) AT&T (T) – Among the 10 Best Fortune 500 Dividend Stocks to Invest in Right Now
• Neutral Sentiment: Wall Street analysts are moderately optimistic overall; coverage shows some buy/hold bias but not large consensus upgrades — keep an eye on analyst moves tied to subscriber and cash‑flow trends. Are Wall Street Analysts Predicting AT&T Stock Will Climb or Sink?
• Neutral Sentiment: Increased retail/investor search interest and coverage (Zacks/Yahoo) is drawing attention to the name, which can amplify short‑term flows but is not a fundamental catalyst by itself. Investors Heavily Search AT&T Inc. (T): Here is What You Need to Know
• Negative Sentiment: Free cash flow fell materially last quarter as AT&T pours capital into fiber buildout, raising questions about near‑term dividend coverage and balance‑sheet flexibility if spending continues at a high pace. AT&T's Free Cash Flow Declined Significantly Last Quarter. Is Its Dividend Still Safe?
• Negative Sentiment: Short, localized outage reports surfaced (consumer noise) — typically transient but can pressure sentiment if problems widen or affect churn metrics. Is there an AT&T outage? AT&T outage today reported

AT&T Company Profile

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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