AT&T (NYSE:T) Coverage Initiated at Morgan Stanley

Stock analysts at Morgan Stanley assumed coverage on shares of AT&T (NYSE:T) in a note issued to investors on Thursday. The firm set an “overweight” rating and a $30.00 price target on the technology company’s stock. Morgan Stanley’s price objective would suggest a potential upside of 14.89% from the stock’s current price.

A number of other equities research analysts have also commented on T. Barclays reduced their price target on AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. Williams Trading set a $32.00 price target on shares of AT&T in a report on Thursday, January 29th. KeyCorp upped their price objective on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Oppenheimer lifted their target price on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.74.

AT&T Trading Up 2.6%

T traded up $0.65 during trading on Thursday, reaching $26.11. 2,910,926 shares of the company’s stock were exchanged, compared to its average volume of 44,128,953. The firm has a fifty day moving average price of $27.93 and a two-hundred day moving average price of $26.09. The stock has a market capitalization of $182.36 billion, a PE ratio of 8.55, a price-to-earnings-growth ratio of 0.96 and a beta of 0.34. AT&T has a one year low of $22.95 and a one year high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

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. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter in the previous year, the business earned $0.43 earnings per share. AT&T’s revenue was up 3.6% compared to the same quarter last year. 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.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of T. Csenge Advisory Group increased its position in shares of AT&T by 20.3% during the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after acquiring an additional 31,935 shares during the last quarter. Rhumbline Advisers lifted its holdings in AT&T by 0.4% during the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock worth $361,779,000 after acquiring an additional 49,727 shares during the period. Wealthfront Advisers LLC boosted its position in AT&T by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after purchasing an additional 66,448 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in AT&T by 1.4% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock worth $512,077,000 after purchasing an additional 248,567 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its stake in AT&T by 140.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock valued at $81,575,000 after purchasing an additional 1,689,073 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Zacks highlights AT&T as a long-term value pick, citing attractive valuation metrics that may appeal to yield/value investors. Why AT&T (T) is a Top Value Stock for the Long-Term
• Positive Sentiment: Benzinga lists AT&T among communication stocks with low RSI, implying potential technical oversold opportunity for momentum/mean-reversion traders. Top 3 Tech And Telecom Stocks That Could Blast Off This Month
• Positive Sentiment: Adaptive ML appoints senior go-to-market executives after production-scale deployments at AT&T — a sign AT&T is investing in AI partners to support advanced connectivity/services revenue. Adaptive ML Appoints Chief Marketing Officer and Chief Revenue Officer to Lead Next Phase of Growth
• Neutral Sentiment: Preview pieces note Q1 2026 is the first quarter under AT&T’s new segment reporting (includes Lumen and EchoStar) — investors will watch whether acquisitions meaningfully boost free cash flow and support the dividend narrative. Can AT&T’s (T) New Segment Reporting Clarify Whether Acquisitions Truly Support Its Dividend Story?
• Neutral Sentiment: Valuation previews emphasize contrasts between near-term legacy declines and longer-term shareholder returns; Q1 commentary on churn, legacy revenue trends and FCF will be the primary catalysts. A Look At AT&T (T) Valuation Ahead Of First 2026 Earnings Under New Segment Structure
• Neutral Sentiment: Comparisons with Comcast highlight competition in broadband/wireline strategy; useful context for investors assessing relative growth and capital allocation choices. AT&T vs Comcast: Which Telecom Stock is the Smarter Pick Now?
• Negative Sentiment: Two lawsuits allege AT&T’s relocation mandate discriminated against older employees — litigation raises execution/HR risk and could lead to reputational or financial costs. Lawsuits claim AT&T’s CEO saw the relocation mandate as a way to replace older workers with younger ones
• Negative Sentiment: Rumors of an “Elite” AT&T plan priced above $100 could provoke customer backlash or churn if rollout/marketing misfires; watch execution and uptake. Does AT&T really think customers will pay over $100 for rumored Elite plan?
• Negative Sentiment: Federal scrutiny of the nation’s emergency cell backup network (operated by AT&T) is rising after failures in emergencies, creating potential regulatory and contract risks. The Nation’s Emergency Cell Network Failed in Emergencies. Lawmakers Want Change.

About AT&T

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.