AT&T (NYSE:T) Trading Up 1.8% on Analyst Upgrade

AT&T Inc. (NYSE:T)’s stock price rose 1.8% during mid-day trading on Monday after Citigroup raised their price target on the stock from $29.00 to $31.50. Citigroup currently has a buy rating on the stock. AT&T traded as high as $28.91 and last traded at $28.8120. Approximately 45,709,352 shares changed hands during trading, a decline of 2% from the average daily volume of 46,647,938 shares. The stock had previously closed at $28.31.

A number of other research analysts have also recently issued reports on the company. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research report on Tuesday, March 10th. Loop Capital set a $29.00 price objective on shares of AT&T in a research note on Friday, December 19th. Oppenheimer boosted their target price on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Morgan Stanley lowered their price target on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Finally, Scotiabank boosted 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. One 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 stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus target price of $30.46.

Trending Headlines about AT&T

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

• Positive Sentiment: Citigroup raised its price target on AT&T to $31.50 and assigned a “buy” rating, signaling analyst conviction and a ~9% upside from current levels; analyst upgrades can attract buyer interest and support near-term upside. AT&T price target raised by Citigroup
• Positive Sentiment: AT&T partnered with The Golf League (TGL) to provide advanced connectivity at the SoFi Center, showcasing 5G-enabled live broadcasts, low-latency gameplay and fan engagement — a commercial showcase of AT&T’s network capabilities that could support ARPU and enterprise/consumer demand narratives. AT&T Teams Up With TGL
• Positive Sentiment: AT&T rolled out a major digital service upgrade aimed at price-conscious wireless customers — a tactical move to reduce churn and better compete with T‑Mobile on value, which could stabilize subscriber trends and margin outlook. AT&T rolls out major upgrade
• Positive Sentiment: Feature pieces highlighting AT&T as an attractive dividend/value play are resurfacing, reinforcing investor interest in yield and valuation stability amid market rotation into “boring” cash-paying stocks. This narrative can support demand from income-oriented funds. Boring Pays Dividends: Why AT&T is the Hot Stock
• Neutral Sentiment: Coverage noting AT&T’s improved relative price performance vs. benchmarks is observational — it may attract momentum traders but doesn’t change fundamentals on its own. AT&T shows improved relative price performance
• Neutral Sentiment: Macro technology headlines (ASML $8B order, TSMC capacity constraints) underscore strength in the broader tech/AI supply chain; while not directly tied to AT&T, a stronger tech sector can lift market sentiment and risk appetite for cyclical and value names. ASML’s $8B Deal and semiconductor macro context
• Negative Sentiment: Shareholders filed proposals seeking written-consent rights and public release of AT&T’s full EEO-1 workforce data — governance and transparency initiatives that could increase activism, proxy costs or public scrutiny if they gain traction. AT&T Faces New Votes On Shareholder Power

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of AT&T during the 4th quarter valued at $2,181,977,000. Amundi increased its stake in AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after acquiring an additional 17,040,328 shares during the last quarter. Alyeska Investment Group L.P. raised its position in AT&T by 620.8% during the fourth quarter. Alyeska Investment Group L.P. now owns 11,891,778 shares of the technology company’s stock valued at $295,392,000 after purchasing an additional 10,241,949 shares in the last quarter. State Street Corp raised its position in AT&T by 2.6% during 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in AT&T by 49.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 25,155,597 shares of the technology company’s stock worth $624,865,000 after purchasing an additional 8,297,201 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Price Performance

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 stock has a market capitalization of $201.80 billion, a PE ratio of 9.47, a PEG ratio of 1.07 and a beta of 0.39. The business has a fifty day moving average price of $26.89 and a 200-day moving average price of $26.23.

AT&T (NYSE:T) last released its 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 company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter last year, the firm earned $0.43 EPS. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

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.