Latest news with #AT&TInc
Yahoo
30-07-2025
- Business
- Yahoo
What Are Wall Street Analysts' Target Price for AT&T Stock?
With a market cap of $198.6 billion, AT&T Inc. (T) is one of North America's largest wireless and communications service providers. The Dallas, Texas-based company operates through its Communications and Latin America segments, delivering wireless, broadband, and data services to over 240 million customers, reinforcing its position as a key player in the telecom industry. Shares of the telecom behemoth have notably outperformed the broader market over the past 52 weeks. T has soared 45% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.6%. Moreover, shares of T are up 20.4% on a YTD basis, compared to SPX's 8.3% rise. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Zooming in, AT&T has also surpassed the Communication Services Select Sector SPDR ETF Fund's (XLC) 25.7% rise over the past 52 weeks and 4.2% surge on a YTD basis. On July 23, AT&T reported strong Q2 results, highlighting growth driven by high-quality 5G and fiber subscriber additions. Revenue rose 3.5% year-over-year to $30.8 billion, and adjusted EPS beat expectations at $0.54. The company added 401,000 postpaid wireless subscribers and 243,000 fiber customers, supporting solid service revenue and earnings growth. T shares climbed 1.2% following the earnings release. For the current fiscal year, ending in December 2025, analysts expect T's adjusted EPS to decline 9.7% year-over-year to $2.04. The company's earnings surprise history is mixed. It beat the consensus estimates in three of the last four quarters while missing on another occasion. Among the 28 analysts covering the stock, the consensus rating is a 'Moderate Buy.' That's based on 17 'Strong Buy' ratings, three 'Moderate Buys,' seven 'Holds,' and one 'Strong Sell.' On July 24, Raymond James reaffirmed a "Strong Buy" rating on AT&T and raised its price target from $30 to $31, reflecting continued confidence in the stock's outlook and a 3.33% increase in projected valuation. AT&T's mean price target of $30.36 implies a modest 10.8% premium to current price levels, while the Street-high target of $34 suggests a staggering 24% upside potential. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Mint
23-07-2025
- Business
- Mint
AT&T stock slumps on annual profit forecast
Shares of AT&T Inc. slumped on Wednesday in pre-market session after the company's profit forecast for the year 2025 fell short of Wall Street estimates. The telecom company said it expects adjusted earnings of $1.97 to $2.07 a share, lower from the Street's forecast of $2.09 on average. AT&T stock fell 3.7% in pre-market trading on Wednesday after closing at $27.42 on Tuesday. The stock is up 20% so far this year through Tuesday's close. AT&T said its earnings for the second quarter ended June 30, 2025 rose to 54 cents a share. Its revenue surged 3.4% to $30.8 billion. It reported free cash flow of $4.4 billion. The company added fewer fiber customers than expected in the second quarter, stoking concerns about intense competition and eclipsing a surge in wireless subscribers fueled by its discounted bundles. Texas-based AT&T added 243,000 fiber customers in the June quarter, as compared to 261,000 customers during the January-March period. Its bundled plans helped the company add 401,000 net monthly bill-paying wireless phone subscribers in the second quarter. The company said it is spending heavily to advance its fiber optic network across the United States and will use cash savings from President Donald Trump's tax and spending bill to accelerate those plans. AT&T further said it expects to realize $6.5 billion to $8 billion of cash tax savings through 2027 as a result of the bill. It plans to invest $3.5 billion of these savings into building out its fiber internet network to a pace of 4 million locations per year by the end of 2026. To expand its wired footprint, the telco is in the process of acquiring Lumen Technologies Inc.'s consumer fiber unit.
Yahoo
09-07-2025
- Business
- Yahoo
AT&T to Accelerate Fiber Buildout by 1M Locations Annually Starting 2026, Citing 'One Big Beautiful Bill Act'
AT&T Inc. (NYSE:T) is one of the best US stocks to buy and hold in 2025. Recently, AT&T announced that it plans to accelerate its fiber infrastructure buildout due to policies contained within the 'One Big Beautiful Bill Act,' which was passed by Congress on July 3, 2025, and signed into law by President Donald Trump on July 4. Due to the tax provisions and pro-investment policies within this legislation, AT&T expects to increase its fiber investment to an additional 1 million fiber customer locations annually starting in 2026. This bill also establishes a pipeline of mid-band spectrum to meet consumer demand. A person in the field using their smartphone to connect to wireless communication services. AT&T credits this legislation with paving the way for the goals laid out by FCC Chairman Brendan Carr's 'Build America Agenda,' which aims to unleash high-speed infrastructure build and restore America's global lead in wireless technology through smart policy. AT&T plans to provide a detailed update on the expected impact of the 'One Big Beautiful Bill Act' on its 2025 and long-term financial outlook. AT&T Inc. (NYSE:T) provides telecommunications and technology services worldwide. While we acknowledge the potential of T as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Mint
30-06-2025
- Business
- Mint
Trump Blasts AT&T for Poor Network Performance During Call
US President Donald Trump blasted AT&T Inc. for poor network performance during a conference call he was holding with faith leaders on Monday. 'I apologize for the long wait on the Faith Leaders Conference Call,' Trump wrote on Truth Social. 'AT&T ought to get its act together.' He said he may have to reschedule the call but would 'use another carrier the next time.' Trump also called for the head of AT&T, 'whoever that may be' to personally get involved, referring to Chief Executive Officer John Stankey. The president said he had 'tens of thousands of people on the line,' and that AT&T is 'totally unable to make their equipment work properly.' AT&T, one of the biggest telecommunications companies in the US, said in a social media post that it has reached out to the White House and is 'working to quickly understand and assess the situation.' AT&T and Lumen Technologies Inc. are the two vendors that have contracts with the White House to provide teleconferencing and other telecommunications services. Since the start of the contract in fiscal 2020, AT&T has brought in $1.7 million in obligations from the White House, according to data compiled by Bloomberg Government. Earlier this year, AT&T said it would begin crediting customers for internet outages and long wait times in an effort to appease users after a string of disruptions last year. For example, in February 2024 AT&T reported an outage that knocked out coverage for hundreds of thousands of people and prompted an investigation by the FBI. The company later offered a $5 credit to affected customers. This article was generated from an automated news agency feed without modifications to text.
Yahoo
30-06-2025
- Business
- Yahoo
Trump Blasts AT&T for Poor Network Performance During Call
(Bloomberg) -- US President Donald Trump blasted AT&T Inc. for poor network performance during a conference call he was holding with faith leaders on Monday. Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares Struggling Downtowns Are Looking to Lure New Crowds Squeezed by Crowds, the Roads of Central Park Are Being Reimagined Sprawl Is Still Not the Answer Sao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City Center 'I apologize for the long wait on the Faith Leaders Conference Call,' Trump wrote on Truth Social. 'AT&T ought to get its act together.' He said he may have to reschedule the call but would 'use another carrier the next time.' Trump also called for the head of AT&T, 'whoever that may be' to personally get involved, referring to Chief Executive Officer John Stankey. The president said he had 'tens of thousands of people on the line,' and that AT&T is 'totally unable to make their equipment work properly.' AT&T, one of the biggest telecommunications companies in the US, didn't immediately respond to a request for comment. --With assistance from Kelcee Griffis. America's Top Consumer-Sentiment Economist Is Worried How to Steal a House Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate Does a Mamdani Victory and Bezos Blowback Mean Billionaires Beware? ©2025 Bloomberg L.P. Sign in to access your portfolio
