Free Trial

AT&T (T) Stock Forecast & Price Target

$19.16
+0.95 (+5.22%)
(As of 07/24/2024 ET)

AT&T - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 14 Wall Street analysts who have issued ratings for AT&T in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 3 have given a hold rating, and 11 have given a buy rating for T.

Consensus Price Target

$21.85
14.05% Upside
High Forecast$29.00
Average Forecast$21.85
Low Forecast$18.00

According to the 14 analysts' twelve-month price targets for AT&T, the average price target is $21.85. The highest price target for T is $29.00, while the lowest price target for T is $18.00. The average price target represents a forecasted upside of 14.05% from the current price of $19.16.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$21.85$21.54$20.81$20.27
Forecasted Upside14.05% Upside27.65% Upside24.79% Upside18.33% Upside
Get AT&T Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for T and its competitors with MarketBeat's FREE daily newsletter.

T Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

T Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

AT&T Stock vs. The Competition

TypeAT&TComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.79
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside14.50% Upside124.23% Upside10.06% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024Scotiabank
5 of 5 stars
 Boost TargetSector Outperform ➝ Sector Outperform$22.50 ➝ $23.00+22.86%
7/10/2024Royal Bank of Canada
4 of 5 stars
J. Atkin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingSector Perform ➝ Sector Perform$18.00 ➝ $18.00-2.91%
7/1/2024The Goldman Sachs Group
2 of 5 stars
J. Schneider
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$22.00+15.12%
6/28/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$24.00 ➝ $26.00+36.55%
6/25/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Outperform$21.00 ➝ $21.00+12.66%
6/18/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Hodulik
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$24.00 ➝ $24.00+32.82%
6/11/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Mchugh
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderperform ➝ Neutral
4/29/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeEqual Weight ➝ Overweight$20.00 ➝ $20.00+19.40%
3/5/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradePeer Perform ➝ Outperform$21.00+25.04%
2/1/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$19.00 ➝ $20.00+10.80%
2/1/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Overweight$18.00 ➝ $21.00+18.71%
1/31/2024Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$28.00 ➝ $29.00+63.75%
12/13/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$17.00 ➝ $20.00+23.69%
10/23/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$20.00 ➝ $19.00+25.16%
7/19/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
6/6/2023Moffett Nathanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
C. Moffett
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderperform ➝ Market Perform$17.00+10.46%
6/5/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$21.00 ➝ $19.00+24.92%
4/21/2023TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetMarket Perform$25.00 ➝ $23.00+26.23%
1/26/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-Buy$24.00 ➝ $25.00+22.43%
1/26/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$24.00 ➝ $25.00+22.43%
1/26/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$18.00 ➝ $19.00-6.95%
10/21/2022Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy$21.00+25.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:20 PM ET.

T Forecast - Frequently Asked Questions

What is AT&T's forecast for 2024?

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for AT&T is $21.85, with a high forecast of $29.00 and a low forecast of $18.00.

Should I buy or sell AT&T stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last twelve months. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" T shares.

Does AT&T's stock price have much upside?

According to analysts, AT&T's stock has a predicted upside of 23.23% based on their 12-month stock forecasts.

Has AT&T been upgraded by Wall Street analysts recently?

Over the previous 90 days, AT&T's stock had 2 upgrades by analysts.

What analysts cover AT&T?

AT&T has been rated by research analysts at Barclays, BNP Paribas, Deutsche Bank Aktiengesellschaft, Oppenheimer, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, and UBS Group in the past 90 days.

Do Wall Street analysts like AT&T more than its competitors?

Analysts like AT&T more than other "computer and technology" companies. The consensus rating score for AT&T is 2.79 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how T compares to other companies.


This page (NYSE:T) was last updated on 7/24/2024 by MarketBeat.com Staff

From Our Partners