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

AT&T (NYSE:T) had its target price boosted by Citigroup from $29.00 to $31.50 in a research report released on Monday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

A number of other brokerages have also commented on T. Scotiabank lifted their price objective on AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a research report on Monday, March 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. KeyCorp reiterated an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Wolfe Research downgraded shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $33.00 price objective on shares of AT&T in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $30.72.

AT&T Stock Down 0.4%

Shares of T opened at $28.77 on Monday. The business’s fifty day moving average price is $26.99 and its two-hundred day moving average price is $26.25. The firm has a market capitalization of $200.88 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 1.08 and a beta of 0.39. AT&T has a 52 week low of $22.95 and a 52 week high of $29.79. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last released its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts predict that AT&T will post 2.14 earnings per share for the current year.

Institutional Trading of AT&T

A number of large investors have recently made changes to their positions in T. Farmers National Bank grew its stake in AT&T by 0.3% in the fourth quarter. Farmers National Bank now owns 138,310 shares of the technology company’s stock valued at $3,436,000 after acquiring an additional 410 shares during the period. Winthrop Partners WNY LLC acquired a new stake in shares of AT&T during the fourth quarter worth about $518,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of AT&T during the fourth quarter worth about $726,000. Meadowbrook Advisors Group LLC bought a new position in shares of AT&T during the 4th quarter valued at about $342,000. Finally, Advisortrust Partners LLC bought a new position in shares of AT&T during the 4th quarter valued at about $666,000. Institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: Wall Street lifts targets — Goldman Sachs and KeyBanc raised price targets and reiterated optimism tied to AT&T’s new segment reporting and converged customer momentum, which analysts say improves revenue visibility and the stock’s upside case. Article Title
• Positive Sentiment: KeyCorp boosts outlook — KeyCorp raised its price target to $36 and moved to an “overweight” rating, signaling ~25% upside vs. current levels and reinforcing the analyst-buy case. Article Title
• Positive Sentiment: Strategic AI/edge collaboration — AT&T is partnering with NVIDIA and Cisco on edge AI compute, intelligent networking and zero‑trust security for mission‑critical IoT use cases, a move that could expand enterprise edge services and high‑margin revenue over time. Article Title
• Positive Sentiment: Competitive product push — AT&T rolled out a major digital service upgrade aimed at stemming customer losses and competing with price-focused offers from rivals like T‑Mobile, which could help stabilize churn and ARPU. Article Title
• Neutral Sentiment: Marketing & event connectivity — AT&T’s TGL partnership (SoFi Center) showcases its connectivity capabilities for live events — a branding/contract win with limited near‑term revenue impact. Article Title
• Neutral Sentiment: Analyst/coverage notes and valuation checks — Several outlets are re‑examining AT&T after its YTD rally; coverage highlights steady returns but asks whether current price fully reflects fundamentals. Article Title
• Negative Sentiment: Shareholder governance proposals — New proposals ask for written‑consent rights and public EEO‑1 workforce disclosure, introducing proxy‑season governance risk and potential distraction for management. Article Title

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.