AT&T (NYSE:T) Reaches New 1-Year Low – Here’s What Happened

Shares of AT&T Inc. (NYSE:T) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $22.32 and last traded at $22.4720, with a volume of 6377888 shares. The stock had previously closed at $22.50.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T announced a commercial collaboration with Derq to expand AI-powered transportation infrastructure, building on its earlier investment and potentially creating a new connected-services revenue opportunity. Derq and AT&T Collaborate to Advance AI-Powered Transportation Infrastructure
• Positive Sentiment: AT&T’s CFO Pascal Desroches is set to update shareholders at the Mizuho Technology Conference, and the company reiterated its 2026 and multi-year guidance and capital return plans, which can reassure investors about execution and cash flow. Pascal Desroches to Update Shareholders at Mizuho Technology Conference on June 9
• Positive Sentiment: AT&T is drawing technical and trading interest after commentary suggested the stock may be oversold and near support, with some traders viewing it as a possible rebound setup. Stock Of The Day: Is AT&T About To Rally?
• Neutral Sentiment: AT&T was highlighted in a transcript from the Mizuho Technology Conference, which may offer incremental color on strategy but does not appear to include a major new announcement. AT&T Inc. (T) Presents at Mizuho Technology Conference 2026 Transcript
• Neutral Sentiment: AT&T continues to attract broad market attention, including articles about new internet plans and connected-vehicle partnerships, but these are largely extensions of its existing telecom strategy rather than immediate earnings catalysts. AT&T launches 4 new internet plans amid fight for customers
• Negative Sentiment: Oppenheimer turned more cautious on AT&T, downgrading the stock to Perform from Outperform and citing risks around long-term broadband growth and fiber expansion, which may pressure sentiment. Oppenheimer Turns Cautious on AT&T (T), Citing Fiber Expansion Risks
• Negative Sentiment: Separate headlines about AT&T and Verizon facing a major customer data setback could raise privacy and regulatory concerns for telecom investors. Verizon, AT&T suffer major customer data setback

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Scotiabank cut their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. BNP Paribas Exane lowered their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Weiss Ratings downgraded shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price target on shares of AT&T in a report on Wednesday, May 20th. Finally, Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.55.

AT&T Trading Up 1.1%

The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm’s 50 day simple moving average is $25.77 and its 200-day simple moving average is $25.93. The company has a market capitalization of $158.04 billion, a PE ratio of 7.63, a P/E/G ratio of 0.95 and a beta of 0.21.

AT&T (NYSE:T) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. AT&T’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. As a group, equities research analysts anticipate that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s payout ratio is presently 37.25%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in T. Norges Bank acquired a new position in shares of AT&T during the fourth quarter worth $2,181,977,000. Amundi lifted its position in shares of AT&T by 67.5% during the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after purchasing an additional 17,040,328 shares in the last quarter. Alyeska Investment Group L.P. lifted its position in shares of AT&T by 620.8% during the fourth quarter. Alyeska Investment Group L.P. now owns 11,891,778 shares of the technology company’s stock worth $295,392,000 after purchasing an additional 10,241,949 shares in the last quarter. State Street Corp lifted its position in shares of AT&T by 2.6% during the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock worth $8,249,109,000 after purchasing an additional 8,314,678 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of AT&T by 49.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 25,155,597 shares of the technology company’s stock worth $624,865,000 after purchasing an additional 8,297,201 shares in the last quarter. 57.10% of the stock is 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.