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 (EPS) guidance of 2.250-2.350 for the period, compared to the consensus estimate of 2.240. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. TD Cowen reiterated a “hold” rating on shares of AT&T in a research report on Thursday. Citigroup dropped their price objective on shares of AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Scotiabank reiterated a “sector perform” rating and issued a $29.50 price objective on shares of AT&T in a report on Wednesday, January 7th. Arete Research set a $20.00 target price on AT&T in a report on Tuesday, January 6th. Finally, Wall Street Zen lowered AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.83.

AT&T Stock Up 4.3%

Shares of NYSE:T opened at $25.10 on Friday. The company has a market capitalization of $177.91 billion, a P/E ratio of 8.23, a P/E/G ratio of 1.31 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The stock’s fifty day simple moving average is $24.49 and its 200-day simple moving average is $26.34. AT&T has a 52-week low of $22.95 and a 52-week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts forecast that AT&T will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s dividend payout ratio is currently 36.04%.

Key Stories Impacting AT&T

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

• Positive Sentiment: Q4 earnings and revenue beat consensus (EPS $0.52 vs ~$0.46; revenue ~ $33.5B), driven by wireless and broadband strength — the core trigger for the stock rally. AT&T (NYSE:T) Trading Up 5.4% After Earnings Beat
• Positive Sentiment: Subscriber momentum: strong postpaid additions and lower churn signal sustainable wireless revenue growth and higher lifetime value per customer. AT&T revenue beats estimates, buoyed by broadband strength
• Positive Sentiment: Fiber expansion and convergence: management reiterated aggressive fiber build plans (targeting ~40M locations) and higher convergence rates, which support long‑term ARPU and 5G/fiber synergy. AT&T beats targets, plans 40m fiber locations, more convergence
• Positive Sentiment: Shareholder returns: a new buyback program and multi‑year dividend/buyback commitments (and reports of ~$8B buybacks planned in 2026 and larger return plans) boosted investor confidence. AT&T (T) Stock: Wireless Carrier Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Strategic M&A and partnerships: commentary and analyst pieces highlight the Lumen deal and other moves as catalysts to accelerate fiber reach and wireless monetization upside. AT&T’s Lumen Deal Hides an Opportunity Most Investors Are Missing
• Neutral Sentiment: Analyst reactions are mixed: some upgrades and “second look” notes appeared, and TipRanks shows a tilt toward moderate buy interest, but several firms remain cautious or keep hold ratings pending longer‑term proof of execution. AT&T Stock Forecast: Trending Moderate Buy Among Analysts
• Neutral Sentiment: Cash flow mix: some of the recent cash flow improvement is tax‑driven and one‑time items, so near‑term FCF strength may be uneven until fiber/5G ramps fully. AT&T: Mixed Quarter, Tax‑Driven Cash Flow Support, and Long‑Term Fiber/5G Upside Keep Rating at Hold
• Negative Sentiment: Potential trade‑offs: Seeking Alpha and others flag that planned acquisitions or strategic moves could reset dividend/buyback policy or use cash in ways that dilute near‑term shareholder returns — a risk that could temper upside if management prioritizes M&A over returns. AT&T: Upcoming Acquisitions Reset The Dividend And Buyback Outlook

Institutional Trading of AT&T

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares in the last quarter. Osterweis Capital Management Inc. lifted its position in shares of AT&T by 4,352.9% during the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after purchasing an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC lifted its holdings in AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after buying an additional 1,022 shares during the last quarter. HUB Investment Partners LLC lifted its stake in AT&T by 19.6% during the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after purchasing an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp lifted its position in shares of AT&T by 1.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after buying an additional 3,677 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

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.