AT&T (NYSE:T) Earns Outperform Rating from Royal Bank Of Canada

AT&T (NYSE:T)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a report released on Wednesday,Benzinga reports. They presently have a $31.00 target price on the technology company’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 24.59% from the company’s previous close.

T has been the topic of a number of other reports. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Oppenheimer lifted their price objective on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Citigroup lifted their price objective on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Finally, Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $30.55.

AT&T Trading Down 0.4%

Shares of T stock traded down $0.10 during mid-day trading on Wednesday, reaching $24.88. 11,138,202 shares of the stock traded hands, compared to its average volume of 42,204,438. The stock’s fifty day simple moving average is $26.79 and its two-hundred day simple moving average is $26.00. AT&T has a 1-year low of $22.95 and a 1-year high of $29.79. The company has a market cap of $172.89 billion, a price-to-earnings ratio of 8.35, a price-to-earnings-growth ratio of 0.90 and a beta of 0.23. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period last year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts anticipate that AT&T will post 2.31 EPS for the current fiscal year.

Hedge Funds Weigh In On AT&T

Institutional investors have recently made changes to their positions in the stock. Tsfg LLC increased its holdings in shares of AT&T by 3.6% during the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after acquiring an additional 366 shares in the last quarter. Lifestyle Asset Management Inc. increased its holdings in shares of AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock valued at $261,000 after acquiring an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. increased its holdings in shares of AT&T by 1.2% during the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock valued at $794,000 after acquiring an additional 370 shares in the last quarter. Bruce G. Allen Investments LLC increased its holdings in shares of AT&T by 1.7% during the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock valued at $556,000 after acquiring an additional 374 shares in the last quarter. Finally, Rockline Wealth Management LLC increased its holdings in shares of AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock valued at $259,000 after acquiring an additional 378 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T said its Fiber service ranked No. 1 in customer satisfaction for the fourth year in a row, reinforcing the strength of its broadband business and supporting the company’s long-term competitive position. Article: Four Years at #1: AT&T Fiber Customers Are the Happiest
• Positive Sentiment: The company launched eSIM plans for international visitors and joined rivals in introducing prepaid travel connectivity options, which could help AT&T capture incremental revenue and improve its roaming-related offerings. Article: AT&T Just Launched eSIM Plans for International Visitors Arriving This Summer
• Positive Sentiment: AT&T CEO John Stankey is set to continue outlining the company’s multi-year growth strategy, with management highlighting fiber and 5G investments and reiterating 2026 guidance and capital-return plans. Article: John Stankey to Update Shareholders at J.P. Morgan Global Technology, Media and Communications Conference on May 19
• Neutral Sentiment: AT&T presented at a major telecom conference, but no major new financial surprise was highlighted in the headline items, so the immediate stock impact appears limited. Article: AT&T Inc. Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Commentary about telecom stocks, dividend comparisons, and AT&T as a value stock may support investor interest, but these pieces are more general market opinion than company-specific catalysts. Article: Telecom Stocks To Keep An Eye On – May 17th
• Negative Sentiment: Broader telecom and satellite-industry coverage emphasized rising competition and the push for network upgrades, which may remind investors that AT&T still faces pressure from rivals and new satellite-based connectivity threats. Article: AT&T, T-Mobile and Verizon customers will get big network upgrade

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.