AT&T (NYSE:T) Price Target Raised to $31.50 at Scotiabank

AT&T (NYSE:T) had its price objective upped by stock analysts at Scotiabank from $31.00 to $31.50 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “sector perform” rating on the technology company’s stock. Scotiabank’s price target would indicate a potential upside of 11.22% from the company’s current price.

Several other research analysts also recently commented on the company. Morgan Stanley decreased their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. TD Cowen reissued a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Wells Fargo & Company decreased their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $33.00 price target on shares of AT&T in a report on Thursday, January 29th. Finally, The Goldman Sachs Group dropped their price target on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $30.74.

AT&T Stock Performance

Shares of NYSE:T traded down $0.67 during midday trading on Wednesday, hitting $28.32. The company had a trading volume of 23,530,934 shares, compared to its average volume of 45,444,516. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market cap of $197.80 billion, a price-to-earnings ratio of 9.29, a PEG ratio of 1.07 and a beta of 0.39. AT&T has a 12-month low of $22.95 and a 12-month high of $29.79. The company has a fifty day moving average of $27.42 and a two-hundred day moving average of $26.21.

AT&T (NYSE:T) last announced its 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. The company had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.AT&T’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts expect that AT&T will post 2.14 EPS for the current fiscal year.

Institutional Trading of AT&T

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial & Tax Architects LLC grew its holdings in shares of AT&T by 4.9% in the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after purchasing an additional 356 shares in the last quarter. Tsfg LLC raised its stake in 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 purchasing an additional 366 shares in the last quarter. Lifestyle Asset Management Inc. lifted its position in 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 purchasing an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of AT&T by 1.2% in the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock worth $794,000 after buying an additional 370 shares in the last quarter. Finally, Bruce G. Allen Investments LLC grew its stake in shares of AT&T by 1.7% in the 4th quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock worth $556,000 after buying an additional 374 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

AT&T News Summary

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

• Positive Sentiment: OneConnect bundle could drive retention and simplify billing for device-heavy households, giving AT&T a clearer upsell path for fiber + wireless customers. AT&T Launches OneConnect, the First-Ever Single Subscription for Unlimited Connectivity
• Positive Sentiment: A renewed 25‑year commitment on FirstNet with AT&T pledging up to $2B to upgrade the emergency network boosts long-term revenue visibility and accelerates 5G infrastructure deployment for public-safety customers. AT&T signs deal worth $2 billion to upgrade emergency cellular network
• Positive Sentiment: Institutional and analyst backing (Goldman Sachs reiteration / Ariel Fund activity) provides third‑party validation of the growth story tied to fiber expansion and network convergence. AT&T’s OneConnect Launch: Simplified Fiber–Wireless Bundling Supports Market Share Gains and Buy Rating
• Neutral Sentiment: Regional divestitures — e.g., sale of Upper Peninsula wireline assets to UP Fiber — reduce legacy operating complexity but have limited near‑term earnings impact. UP Fiber Acquires AT&T’s Upper Peninsula Wireline Network
• Neutral Sentiment: Recent commentary and valuation pieces note solid momentum (shares up over recent months) but caution on capital intensity and competitive pressure — context for mixed investor sentiment. AT&T (T) Valuation Check After OneConnect Bundled Plan Launch
• Negative Sentiment: Price increases for legacy unlimited plans and reported messy plan transitions risk customer dissatisfaction and churn, which can undercut the retention gains OneConnect aims to achieve. AT&T Announces New Price for its Unlimited Plans—Get Ready to Pay More
• Negative Sentiment: Coverage warns the OneConnect offer includes fine print and tradeoffs (limits, eligibility) that could slow adoption versus initial marketing claims. AT&T will offer home and mobile in one package, but you’ll want to read the fineprint

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.