AT&T Stock Rises 0.4% Amid Market Decline; Analysts Lower Price Targets to $29
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Benzinga
- Stock Performance: Despite the overall market downturn, AT&T's stock rose approximately 0.4% on Wednesday, indicating relative resilience within the communication services sector, likely reflecting increased investor confidence.
- Analyst Ratings: Analysts from Citigroup, Morgan Stanley, and Goldman Sachs maintained a Buy rating on AT&T but lowered their price targets to $29, suggesting a cautious outlook on the company's future performance.
- Technical Indicators: Currently, AT&T's stock is trading 1.2% above its 20-day simple moving average but 6.5% below its 100-day SMA, indicating a mix of short-term strength and longer-term challenges.
- Earnings Expectations: Investors are looking forward to the earnings report on January 28, 2026, with an EPS estimate of $0.47 and revenue forecasted at $32.85 billion, highlighting the company's potential for revenue growth.
Analyst Views on T
Wall Street analysts forecast T stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for T is 30.94 USD with a low forecast of 28.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 24.810
Low
28.00
Averages
30.94
High
34.00
Current: 24.810
Low
28.00
Averages
30.94
High
34.00
About T
AT&T Inc. is a holding company. The Company is a provider of telecommunications and technology services globally. The Company’s segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. The business units of the Communication segment include Mobility, Business Wireline, and Consumer Wireline. Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced Ethernet-based fiber services, Internet Protocol (IP) Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections. Consumer Wireline provides legacy telephony voice communication services. The Latin America segment provides wireless services and equipment in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
