Argus Lowers AT&T (NYSE:T) Price Target to $30.00

AT&T (NYSE:T) had its price objective reduced by investment analysts at Argus from $33.00 to $30.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Argus’ price target suggests a potential upside of 32.04% from the company’s previous close.

A number of other research analysts have also weighed in on the stock. Scotiabank cut their target price on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a report on Wednesday, July 15th. Weiss Ratings lowered shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Royal Bank Of Canada dropped their price objective on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Monday. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Finally, TD Cowen restated a “hold” rating on shares of AT&T in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.40.

AT&T Price Performance

Shares of T stock traded down $0.32 during trading hours on Thursday, hitting $22.72. The stock had a trading volume of 10,626,448 shares, compared to its average volume of 50,355,324. AT&T has a one year low of $19.89 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The stock’s 50-day moving average price is $22.83 and its two-hundred day moving average price is $25.25. The stock has a market capitalization of $157.87 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 0.88 and a beta of 0.24.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. During the same period in the prior year, the company earned $0.54 earnings per share. The firm’s revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts forecast that AT&T will post 2.32 EPS for the current year.

Institutional Trading of AT&T

Several institutional investors and hedge funds have recently made changes to their positions in T. Rachor Investment Advisory Services LLC bought a new position in shares of AT&T in the fourth quarter worth about $25,000. Safe Harbor Fiduciary LLC bought a new stake in AT&T during the 4th quarter valued at about $25,000. Cresta Advisors Ltd. bought a new stake in AT&T during the 4th quarter valued at about $26,000. Blueline Advisors LLC purchased a new stake in AT&T in the 4th quarter valued at about $26,000. Finally, Winnow Wealth LLC boosted its position in AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after buying an additional 820 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T beat profit expectations, reporting adjusted EPS of $0.65 versus roughly $0.59 expected, which signaled stronger-than-anticipated profitability. AT&T (NYSE:T) Trading 3.5% Higher Following Better-Than-Expected Earnings
• Positive Sentiment: The company posted strong wireless and fiber momentum, including more than 1 million Advanced Connectivity customer additions and a record quarter for combined fiber and fixed wireless net adds, supporting the growth story. AT&T Delivers Strong Second-Quarter Results as Investment-Led Strategy Gains Momentum
• Positive Sentiment: Free cash flow improved and management reiterated full-year 2026 guidance while accelerating share repurchases, which investors generally view as supportive of valuation and capital returns. AT&T ($T) Releases Q2 2026 Earnings

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.