AT&T (NYSE:T) Issues FY 2026 Earnings Guidance

AT&T (NYSE:T) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.250-2.350 for the period, compared to the consensus estimate of 2.310. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research firms have recently commented on T. 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. KeyCorp raised their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Scotiabank lowered their price target on AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research report on Wednesday, July 15th. Barclays dropped their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Finally, The Goldman Sachs Group set a $30.00 target price on AT&T in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $29.18.

AT&T Price Performance

NYSE:T opened at $23.04 on Thursday. AT&T has a one year low of $19.89 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a market cap of $160.06 billion, a price-to-earnings ratio of 7.73, a PEG ratio of 0.88 and a beta of 0.24. The firm’s fifty day moving average is $22.83 and its two-hundred day moving average is $25.25.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts expect that AT&T will post 2.32 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a dividend of $0.2775 per share. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. AT&T’s dividend payout ratio (DPR) is 37.25%.

AT&T News Roundup

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

• Positive Sentiment: AT&T beat Q2 adjusted EPS estimates, posting $0.65 per share versus expectations of about $0.59-$0.60, signaling stronger-than-expected profitability. AT&T tops targets for wireless subscriber additions as bundle offers gain traction
• Positive Sentiment: The company added more than 1 million advanced connectivity customers, including strong postpaid wireless and fiber net additions, showing healthy demand for its bundled telecom offerings. AT&T Delivers Strong Second-Quarter Results as Investment-Led Strategy Gains Momentum
• Positive Sentiment: Free cash flow improved year over year, and AT&T reiterated full-year 2026 guidance while saying it plans to accelerate share repurchases, which supports the dividend and shareholder returns. AT&T ($T) Releases Q2 2026 Earnings
• Neutral Sentiment: Revenue came in a bit below Wall Street expectations, so the quarter was not a clean beat across all metrics. AT&T (NYSE:T) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
• Neutral Sentiment: Management pushed back on concerns that Starlink or other satellite services pose an immediate threat, helping ease an overhang, but investors are still watching the competitive risk closely. Why AT&T Stock Rallied Today
• Negative Sentiment: AT&T still faces a leveraged balance sheet and slower revenue growth, which could cap upside if subscriber momentum or cash generation cools. AT&T: Buybacks Support The Bull Case Even Though Leverage Remains A Bit High

Hedge Funds Weigh In On AT&T

A number of large investors have recently added to or reduced their stakes in T. Safe Harbor Fiduciary LLC purchased a new position in AT&T in the 4th quarter valued at about $25,000. Birchwood Financial Partners Inc. acquired a new position in AT&T in the 4th quarter valued at $32,000. Redwood Park Advisors LLC lifted its stake in shares of AT&T by 336.6% in the fourth quarter. Redwood Park Advisors LLC now owns 1,323 shares of the technology company’s stock worth $33,000 after buying an additional 1,020 shares in the last quarter. Gilpin Wealth Management LLC purchased a new stake in AT&T during the 4th quarter valued at about $35,000. Finally, Ankerstar Wealth LLC purchased a new stake in AT&T during the 4th quarter valued at about $35,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

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.