AT&T (NYSE:T) Price Target Raised to $36.00

AT&T (NYSE:T) had its target price increased by KeyCorp from $30.00 to $36.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the technology company’s stock.

A number of other equities research analysts have also recently commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Oppenheimer upped their price objective on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. TD Cowen reiterated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Wells Fargo & Company reduced their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 price target on shares of AT&T in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and an average target price of $30.72.

AT&T Stock Performance

Shares of T opened at $29.16 on Wednesday. AT&T has a 12-month low of $22.95 and a 12-month high of $29.79. The stock has a market cap of $203.66 billion, a P/E ratio of 9.56, a PEG ratio of 1.08 and a beta of 0.39. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The company has a 50-day moving average of $27.21 and a two-hundred day moving average of $26.27.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same period in the prior year, the business earned $0.43 earnings per share. The company’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. As a group, research analysts predict that AT&T will post 2.14 EPS for the current fiscal year.

Institutional Trading of AT&T

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of AT&T by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after acquiring an additional 3,585,661 shares during the period. State Street Corp grew its holdings in AT&T by 2.6% in the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock valued at $8,249,109,000 after purchasing an additional 8,314,678 shares during the period. Bank of America Corp DE grew its holdings in AT&T by 3.5% in the fourth quarter. Bank of America Corp DE now owns 119,742,478 shares of the technology company’s stock valued at $2,974,403,000 after purchasing an additional 4,079,062 shares during the period. Norges Bank acquired a new position in AT&T during the fourth quarter worth approximately $2,181,977,000. Finally, Capital Research Global Investors increased its position in AT&T by 0.6% during the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after purchasing an additional 370,455 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Board declared a quarterly common‑share dividend of $0.2775, reinforcing AT&T’s income profile and supporting yield‑oriented buying. AT&T Declares Dividends on Common and Preferred Shares
• Positive Sentiment: KeyCorp raised its price target to $36, signaling analyst conviction in upside vs. current levels and likely helping sentiment. KeyCorp Increases AT&T (NYSE:T) Price Target to $36.00
• Positive Sentiment: AT&T expanded 5G coverage in NYC subway tunnels (with Boldyn), highlighting network investment that could support subscriber retention and enterprise/local advertising opportunities. Is AT&T’s (T) NYC Subway 5G Push a Signal on Its Infrastructure Investment Priorities?
• Positive Sentiment: Analyst/market writeups (Zacks, Benzinga) point to momentum and a transition from a “dividend trap” to a total‑return story, reinforcing investor interest in yield + growth narrative. Why AT&T (T) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Technical commentary notes AT&T is testing a key resistance — a breakout would be bullish, but it’s still a price/volume technical trade rather than fundamental news. Stock Of The Day: Will AT&T Break Out?
• Neutral Sentiment: AT&T’s participation in an industry RAN/AI funding round (ODC Series A) signals strategic tech partnerships but is a longer‑term infrastructure play rather than immediate revenue upside. ODC Completes a $45M Series A Funding
• Negative Sentiment: Reports that AT&T is raising prices on older plans have triggered customer dissatisfaction, a potential short‑term churn risk or PR headwind if complaints accelerate. AT&T is raising prices on older plans – and customers aren’t happy

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.