AT&T (NYSE:T) Stock Price Up 1.7% – Time to Buy?

AT&T Inc. (NYSE:T) shares rose 1.7% on Thursday . The stock traded as high as $26.47 and last traded at $26.1750. Approximately 44,479,439 shares changed hands during trading, an increase of 2% from the average daily volume of 43,749,156 shares. The stock had previously closed at $25.75.

More AT&T News

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

• Positive Sentiment: Erste Group raised its FY2027 EPS estimate modestly (to $2.56), suggesting improving analyst models for AT&T’s profitability and helping the valuation story and dividend coverage. (Research note reported April 27)
• Positive Sentiment: Broker consensus target remains above the stock: a $30.70 consensus target was reported, which supports upside vs. the current trading range and may anchor buy-side interest. Article Title
• Positive Sentiment: AT&T launched new cybersecurity (Dynamic Defense for SMBs on AT&T Business Fiber) and public-safety offerings (RapidSOS HARMONY AI on AT&T ESInet), expanding higher-margin services beyond wireless/fiber and reinforcing enterprise revenue diversification. That strategic push can support revenue mix improvements over time. Article Title
• Positive Sentiment: Zacks argues AT&T is a strong value stock based on style scores and earnings yield — a narrative that can attract value-oriented investors given AT&T’s dividend yield and low PE. Article Title
• Neutral Sentiment: Yield comparison pieces highlight income appeal (AT&T ~4.3% vs. Verizon ~6%) — useful for income investors but not a catalyst by itself; emphasis is on relative income vs. longer-term total return. Article Title
• Neutral Sentiment: Several market/sector pieces (SpaceX/chip supplier roundup, and an unrelated Lumen preview) mention broader thematic moves that don’t directly affect AT&T’s fundamentals today but shape investor risk appetite across telecom and tech. Article Title Article Title
• Negative Sentiment: Jim Cramer publicly characterized AT&T as offering income but lacking growth, a high-profile critique that can reinforce sell-side skepticism among retail investors and pressure the stock multiple. Article Title
• Negative Sentiment: Analytical pieces flag structural threats AT&T may have missed, raising concerns about competitive pressures and long-term growth headwinds — these narratives can weigh on investor confidence and valuation if they gain traction. Article Title

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Morgan Stanley assumed coverage on AT&T in a report on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price for the company. Wells Fargo & Company decreased their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Scotiabank reduced their price objective on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a research note on Tuesday, March 10th. Finally, BNP Paribas Exane reduced their price objective on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued 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 $30.55.

AT&T Stock Up 0.1%

The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $181.70 billion, a PE ratio of 8.78, a price-to-earnings-growth ratio of 0.96 and a beta of 0.23. The business’s 50 day simple moving average is $27.52 and its 200 day simple moving average is $26.05.

AT&T (NYSE:T) last posted its quarterly earnings data 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 net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. The business’s quarterly revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued a $0.2775 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.2%. AT&T’s dividend payout ratio is currently 37.25%.

Hedge Funds Weigh In On AT&T

A number of large investors have recently made changes to their positions in T. Mountain Hill Investment Partners Corp. increased its holdings in shares of AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares during the period. GGM Financials LLC acquired a new position in shares of AT&T in the 3rd quarter valued at about $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of AT&T in the 4th quarter valued at about $25,000. Safe Harbor Fiduciary LLC acquired a new position in shares of AT&T in the 4th quarter valued at about $25,000. Finally, Cresta Advisors Ltd. acquired a new position in shares of AT&T in the 4th quarter valued at about $26,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

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.