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

AT&T (NYSE:T) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.250-2.350 for the period, compared to the consensus EPS estimate of 2.300. The company issued revenue guidance of -.

AT&T Stock Down 0.9%

Shares of NYSE:T opened at $25.94 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The business has a fifty day moving average of $27.86 and a two-hundred day moving average of $26.04. The stock has a market cap of $181.13 billion, a P/E ratio of 8.50, a PEG ratio of 0.96 and a beta of 0.34. 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 earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts expect that AT&T will post 2.29 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s dividend payout ratio is 36.39%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on T shares. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. Wells Fargo & Company decreased their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, January 26th. Finally, Citigroup upped their price target on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $30.74.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T added 584,000 new consumer and business internet subscribers in Q1, evidence that the company’s fiber rollout is driving customer gains and higher?value accounts. AT&T added 584,000 new consumer and business internet subscribers in Q1
• Positive Sentiment: Wireless net additions topped expectations as bundling (wireless + fiber internet) continues to pay off — AT&T flagged stronger convergence with ~45% of advanced home internet customers also choosing AT&T wireless. AT&T adds more wireless subscribers than expected as bundling pays off
• Positive Sentiment: Q1 results beat consensus: EPS $0.57 vs. $0.55 est and revenue $31.51B vs. $31.29B. Management also reiterated full?year 2026 and multi?year guidance and confirmed capital return plans, which supports near?term shareholder returns. AT&T Q1 Press Release / Slides
• Neutral Sentiment: Coverage flows in: Morgan Stanley recently initiated coverage with an Overweight rating and a $30 price target, signaling analyst confidence but limited immediate upside. Morgan Stanley Assumes Coverage of AT&T Inc. (T)
• Neutral Sentiment: WSJ notes revenue ticked up on advanced?connectivity growth, but EPS from continuing operations declined year?over?year (54¢ vs. 61¢), highlighting mixed underlying trends despite the beat. AT&T Revenue Ticks Up on Advanced Connectivity Growth
• Negative Sentiment: Market positioning and technicals likely weighed on the stock: analysts and outlets noted recent price weakness and profit?taking ahead of/after earnings, and geopolitical/news flow (Barron’s) has pressured defensive names. That can mute positive operational headlines. AT&T Stock Is Struggling. How Earnings Can Ease Investors’ Price War Worries.
• Negative Sentiment: Regulatory/legal overhang: the Supreme Court is reviewing FCC enforcement powers, a case that involves telecom firms and could increase regulatory uncertainty or potential fines. Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies
• Negative Sentiment: Some technical/market commentary flagged worrying chart patterns ahead of earnings, which can accelerate short?term selling even when fundamentals improve. AT&T stock price flashes an alarming pattern ahead of earnings

Hedge Funds Weigh In On AT&T

Hedge funds have recently bought and sold shares of the company. Safe Harbor Fiduciary LLC acquired a new position in AT&T during the 4th quarter worth about $25,000. Birchwood Financial Partners Inc. acquired a new position in AT&T during the 4th quarter worth about $32,000. Redwood Park Advisors LLC lifted its stake in AT&T by 336.6% during the 4th quarter. Redwood Park Advisors LLC now owns 1,323 shares of the technology company’s stock worth $33,000 after acquiring an additional 1,020 shares in the last quarter. Ankerstar Wealth LLC acquired a new position in AT&T during the 4th quarter worth about $35,000. Finally, Gilpin Wealth Management LLC acquired a new position in AT&T during the 4th quarter worth about $35,000. 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.