AT&T (NYSE:T – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.970-2.070 for the period, compared to the consensus earnings per share estimate of 2.130. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of AT&T from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Morgan Stanley upgraded shares of AT&T from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $19.00 to $28.00 in a report on Monday, December 16th. Royal Bank of Canada raised their price objective on shares of AT&T from $26.00 to $27.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. Scotiabank raised their price objective on shares of AT&T from $26.00 to $28.50 and gave the company a “sector outperform” rating in a report on Monday, March 3rd. Finally, UBS Group raised their price objective on shares of AT&T from $25.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.74.
Get Our Latest Research Report on AT&T
AT&T Trading Down 0.8 %
AT&T (NYSE:T – Get Free Report) last issued its earnings results on Monday, January 27th. The technology company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%. Analysts forecast that AT&T will post 2.14 earnings per share for the current year.
Institutional Trading of AT&T
An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC grew its position in AT&T Inc. (NYSE:T – Free Report) by 26.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,579 shares of the technology company’s stock after acquiring an additional 10,188 shares during the period. Brighton Jones LLC’s holdings in AT&T were worth $1,106,000 at the end of the most recent quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.
AT&T Company Profile
AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.
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