AT&T (T) Stock Forecast, Price Target & Predictions
T Stock Forecast
AT&T stock forecast is as follows: an average price target of $26.05 (represents a 14.61% upside from T’s last price of $22.73) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.
T Price Target
The average price target for AT&T (T) is $26.05 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $41.00 to $19.00. This represents a potential 14.61% upside from T's last price of $22.73.
T Analyst Ratings
According to 26 Wall Street analysts, AT&T's rating consensus is 'Buy'. The analyst rating breakdown for T stock is 1 'Strong Buy' (3.85%), 13 'Buy' (50.00%), 11 'Hold' (42.31%), 1 'Sell' (3.85%), and 0 'Strong Sell' (0.00%).
AT&T Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Jonathan Atkin | RBC Capital | $22.00 | $22.09 | -0.38% | -3.21% |
| Oct 24, 2024 | Simon Flannery | Morgan Stanley | $19.00 | $22.09 | -13.97% | -16.41% |
| Oct 24, 2024 | Maher Yaghi | Scotiabank | $24.00 | $22.09 | 8.67% | 5.59% |
| Oct 24, 2024 | Gregory Williams | Williams Trading | $26.00 | $22.23 | 16.99% | 14.39% |
| Oct 24, 2024 | Timothy Horan | Oppenheimer | $24.00 | $22.49 | 6.71% | 5.59% |
| Oct 24, 2024 | Eric Luebchow | Wells Fargo | $24.00 | $22.49 | 6.71% | 5.59% |
| Oct 23, 2024 | Jonathan Atkin | RBC Capital | $46.00 | $22.49 | 104.54% | 102.38% |
| Oct 23, 2024 | James Schneider | Goldman Sachs | $25.00 | $22.49 | 11.16% | 9.99% |
| Sep 30, 2024 | David Barden | Bank of America Securities | $24.00 | $21.86 | 9.76% | 5.59% |
| Sep 11, 2024 | Michael Rollins | Citigroup | $24.00 | $21.71 | 10.55% | 5.59% |
The latest AT&T stock forecast, released on Oct 24, 2024 by Jonathan Atkin from RBC Capital, set a price target of $22.00, which represents a -0.38% decrease from the stock price at the time of the forecast ($22.09), and a -3.21% decrease from T last price ($22.73).
AT&T Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 8 | 10 | 23 |
| Avg Price Target | $26.25 | $25.80 | $24.67 |
| Last Closing Price | $22.73 | $22.73 | $22.73 |
| Upside/Downside | 15.49% | 13.51% | 8.53% |
In the current month, the average price target of AT&T stock is $26.25, according to 8 Wall Street analysts offering twelve months forecast. The average price target represents a 15.49% increase as opposed to AT&T's last price of $22.73. This month's average price target is up 1.74% compared to last quarter, and up 6.40% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Oct 24, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 24, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Oct 24, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 24, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 23, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Oct 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 14, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 30, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 30, 2024 | Morgan Stanley | Overweight | Underweight | Downgrade |
AT&T's last stock rating was published by Scotiabank on Oct 24, 2024. The company gave T a "Outperform" rating, the same as its previous rate.
AT&T Financial Forecast
AT&T Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $32.02B | $30.35B | $29.92B | $30.14B | $31.34B | $30.04B | $29.64B | $38.10B | $40.96B | $39.92B | $44.05B | $43.94B | $45.69B | $42.34B | $40.95B | $42.78B | $46.82B | $44.59B |
| Avg Forecast | $32.63B | $31.29B | $30.69B | $30.61B | $32.27B | $30.64B | $30.23B | $30.49B | $32.10B | $30.45B | $29.98B | $30.53B | $31.46B | $30.21B | $29.96B | $30.25B | $31.42B | $29.85B | $29.52B | $38.24B | $40.33B | $40.62B | $42.68B | $42.67B | $44.50B | $41.58B | $41.05B | $44.20B | $46.96B | $45.11B |
| High Forecast | $33.21B | $31.85B | $31.24B | $31.15B | $32.85B | $31.19B | $30.77B | $30.68B | $33.49B | $30.47B | $29.98B | $30.53B | $31.92B | $30.75B | $30.49B | $30.79B | $31.98B | $29.85B | $29.52B | $38.24B | $40.33B | $40.62B | $42.68B | $42.67B | $44.50B | $41.58B | $41.05B | $44.20B | $46.96B | $45.11B |
| Low Forecast | $32.21B | $30.89B | $30.30B | $30.22B | $31.86B | $30.25B | $29.85B | $30.38B | $31.48B | $30.42B | $29.98B | $30.53B | $31.05B | $29.82B | $29.58B | $29.86B | $31.02B | $29.85B | $29.52B | $38.24B | $40.33B | $40.62B | $42.68B | $42.67B | $44.50B | $41.58B | $41.05B | $44.20B | $46.96B | $45.11B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 4 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.00% | 1.00% | 1.00% | 1.01% | 1.00% | 1.00% | 1.02% | 0.98% | 1.03% | 1.03% | 1.03% | 1.02% | 1.00% | 0.97% | 1.00% | 0.99% |
AT&T's average Quarter revenue forecast for Mar 24 based on 10 analysts is $30.53B, with a low forecast of $30.53B, and a high forecast of $30.53B. T's average Quarter revenue forecast represents a -4.65% decrease compared to the company's last Quarter revenue of $32.02B (Dec 23).
AT&T EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 4 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $10.63B | $11.95B | $12.45B | $12.11B | $9.71B | $13.30B | $12.84B | $13.87B | $13.44B | $14.74B | $9.77B | $17.35B | $-7.05B | $12.58B | $11.54B | $15.15B | $11.84B | $13.67B |
| Avg Forecast | $9.43B | $9.04B | $8.87B | $8.84B | $9.33B | $8.85B | $8.74B | $8.81B | $9.28B | $8.80B | $8.66B | $15.92B | $9.09B | $8.73B | $8.66B | $14.47B | $14.39B | $10.76B | $10.64B | $13.15B | $14.54B | $14.64B | $15.38B | $15.57B | $16.04B | $14.99B | $14.79B | $15.33B | $16.92B | $16.26B |
| High Forecast | $9.60B | $9.20B | $9.03B | $9.00B | $9.49B | $9.01B | $8.89B | $8.86B | $9.68B | $8.81B | $8.66B | $19.10B | $9.22B | $8.88B | $8.81B | $17.36B | $17.27B | $10.76B | $10.64B | $15.78B | $14.54B | $14.64B | $15.38B | $18.69B | $16.04B | $14.99B | $14.79B | $18.40B | $16.92B | $16.26B |
| Low Forecast | $9.31B | $8.93B | $8.76B | $8.73B | $9.21B | $8.74B | $8.62B | $8.78B | $9.10B | $8.79B | $8.66B | $12.73B | $8.97B | $8.62B | $8.55B | $11.58B | $11.51B | $10.76B | $10.64B | $10.52B | $14.54B | $14.64B | $15.38B | $12.46B | $16.04B | $14.99B | $14.79B | $12.26B | $16.92B | $16.26B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.37% | 1.44% | 0.84% | 0.67% | 1.24% | 1.21% | 1.05% | 0.92% | 1.01% | 0.63% | 1.11% | -0.44% | 0.84% | 0.78% | 0.99% | 0.70% | 0.84% |
10 analysts predict T's average Quarter EBITDA for Mar 24 to be $15.92B, with a high of $19.10B and a low of $12.73B. This is 49.78% upper than AT&T's previous annual EBITDA (Dec 23) of $10.63B.
AT&T Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 4 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $2.13B | $3.50B | $4.49B | $4.23B | $-23.12B | $6.03B | $4.16B | $4.81B | $5.39B | $5.92B | $1.57B | $7.55B | $-13.88B | $2.82B | $1.28B | $4.61B | $2.39B | $3.70B |
| Avg Forecast | $3.79B | $4.14B | $4.13B | $3.89B | $3.85B | $4.34B | $4.20B | $4.06B | $3.55B | $4.10B | $4.14B | $5.66B | $4.01B | $4.47B | $4.34B | $5.15B | $5.40B | $4.37B | $4.36B | $4.68B | $4.13B | $4.21B | $4.32B | $6.78B | $3.95B | $4.13B | $4.29B | $4.66B | $4.73B | $5.07B |
| High Forecast | $3.88B | $4.24B | $4.22B | $3.98B | $3.94B | $4.44B | $4.30B | $4.28B | $3.77B | $4.12B | $4.14B | $6.80B | $4.23B | $4.58B | $4.44B | $6.18B | $6.48B | $4.37B | $4.36B | $5.62B | $4.13B | $4.21B | $4.32B | $8.13B | $3.95B | $4.13B | $4.29B | $5.60B | $4.73B | $5.07B |
| Low Forecast | $3.73B | $4.07B | $4.06B | $3.83B | $3.79B | $4.27B | $4.14B | $3.84B | $3.41B | $4.08B | $4.14B | $4.53B | $3.80B | $4.40B | $4.26B | $4.12B | $4.32B | $4.37B | $4.36B | $3.75B | $4.13B | $4.21B | $4.32B | $5.42B | $3.95B | $4.13B | $4.29B | $3.73B | $4.73B | $5.07B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.53% | 0.78% | 1.04% | 0.82% | -4.28% | 1.38% | 0.95% | 1.03% | 1.31% | 1.40% | 0.36% | 1.11% | -3.51% | 0.68% | 0.30% | 0.99% | 0.51% | 0.73% |
AT&T's average Quarter net income forecast for Mar 24 is $5.66B, with a range of $4.53B to $6.80B. T's average Quarter net income forecast represents a 165.33% increase compared to the company's last Quarter net income of $2.13B (Dec 23).
AT&T SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 4 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $7.49B | $7.21B | $7.01B | $7.17B | $7.52B | $7.20B | $7.26B | $9.37B | $9.99B | $9.21B | $9.36B | $9.38B | $10.18B | $9.27B | $9.83B | $8.79B | $10.35B | $9.58B |
| Avg Forecast | $7.33B | $7.03B | $6.90B | $6.88B | $7.25B | $6.89B | $6.79B | $6.85B | $7.22B | $6.84B | $6.74B | $11.03B | $7.07B | $6.79B | $6.73B | $10.03B | $10.70B | $6.78B | $6.71B | $9.12B | $9.16B | $9.23B | $9.70B | $8.42B | $10.11B | $9.45B | $9.33B | $8.89B | $10.67B | $10.25B |
| High Forecast | $7.46B | $7.16B | $7.02B | $7.00B | $7.38B | $7.01B | $6.92B | $6.89B | $7.53B | $6.85B | $6.74B | $13.24B | $7.17B | $6.91B | $6.85B | $12.04B | $12.84B | $6.78B | $6.71B | $10.94B | $9.16B | $9.23B | $9.70B | $10.10B | $10.11B | $9.45B | $9.33B | $10.67B | $10.67B | $10.25B |
| Low Forecast | $7.24B | $6.94B | $6.81B | $6.79B | $7.16B | $6.80B | $6.71B | $6.83B | $7.07B | $6.84B | $6.74B | $8.83B | $6.98B | $6.70B | $6.65B | $8.02B | $8.56B | $6.78B | $6.71B | $7.29B | $9.16B | $9.23B | $9.70B | $6.74B | $10.11B | $9.45B | $9.33B | $7.11B | $10.67B | $10.25B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.06% | 1.04% | 0.72% | 0.70% | 1.06% | 1.08% | 1.03% | 1.09% | 1.00% | 0.97% | 1.11% | 1.01% | 0.98% | 1.05% | 0.99% | 0.97% | 0.94% |
AT&T's average Quarter SG&A projection for Mar 24 is $11.03B, based on 10 Wall Street analysts, with a range of $8.83B to $13.24B. The forecast indicates a 47.40% rise compared to T last annual SG&A of $7.49B (Dec 23).
AT&T EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 4 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.30 | $0.48 | $0.61 | $0.58 | $-3.23 | $0.83 | $0.57 | $0.66 | $0.75 | $0.82 | $0.21 | $1.04 | $-1.95 | $0.39 | $0.17 | $0.63 | $0.33 | $0.50 |
| Avg Forecast | $0.53 | $0.57 | $0.57 | $0.54 | $0.53 | $0.60 | $0.58 | $0.56 | $0.49 | $0.57 | $0.57 | $0.53 | $0.56 | $0.62 | $0.60 | $0.58 | $0.57 | $0.61 | $0.61 | $0.61 | $0.57 | $0.59 | $0.60 | $0.59 | $0.55 | $0.57 | $0.60 | $0.64 | $0.66 | $0.70 |
| High Forecast | $0.54 | $0.59 | $0.59 | $0.55 | $0.55 | $0.62 | $0.60 | $0.59 | $0.52 | $0.57 | $0.57 | $0.53 | $0.59 | $0.63 | $0.62 | $0.60 | $0.58 | $0.61 | $0.61 | $0.61 | $0.57 | $0.59 | $0.60 | $0.59 | $0.55 | $0.57 | $0.60 | $0.64 | $0.66 | $0.70 |
| Low Forecast | $0.52 | $0.56 | $0.56 | $0.53 | $0.53 | $0.59 | $0.57 | $0.53 | $0.47 | $0.57 | $0.57 | $0.53 | $0.53 | $0.61 | $0.59 | $0.58 | $0.56 | $0.61 | $0.61 | $0.61 | $0.57 | $0.59 | $0.60 | $0.59 | $0.55 | $0.57 | $0.60 | $0.64 | $0.66 | $0.70 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.54% | 0.77% | 1.01% | 0.99% | -5.67% | 1.37% | 0.94% | 1.08% | 1.31% | 1.40% | 0.35% | 1.78% | -3.55% | 0.68% | 0.28% | 0.98% | 0.50% | 0.71% |
According to 10 Wall Street analysts, AT&T's projected average Quarter EPS for Mar 24 is $0.53, with a low estimate of $0.53 and a high estimate of $0.53. This represents a 77.39% increase compared to T previous annual EPS of $0.30 (Dec 23).
AT&T Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CHTR | Charter Communications | $384.84 | $520.08 | 35.14% | Buy |
| CMCSA | Comcast | $42.32 | $53.14 | 25.57% | Buy |
| VZ | Verizon Communications | $41.93 | $49.95 | 19.13% | Buy |
| T | AT&T | $22.73 | $26.05 | 14.61% | Buy |
| VOD | Vodafone Group Public Limited Company | $8.92 | $9.50 | 6.50% | Buy |
| TMUS | T-Mobile US | $233.20 | $200.00 | -14.24% | Buy |
| LUMN | Lumen | $7.74 | $5.63 | -27.26% | Hold |