FY2027 Earnings Forecast for AT&T Issued By Erste Group Bank

AT&T Inc. (NYSE:T) – Equities research analysts at Erste Group Bank increased their FY2027 EPS estimates for shares of AT&T in a research report issued to clients and investors on Friday, September 18th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $2.56 per share for the year, up from their previous estimate of $2.55. The consensus estimate for AT&T’s current full-year earnings is $2.33 per share.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $31.56 billion for the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the company earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS.

Other analysts have also recently issued reports about the stock. TD Cowen lifted their target price on shares of AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Morgan Stanley raised their price objective on AT&T from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Wells Fargo & Company increased their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.20.

AT&T Stock Performance

NYSE:T opened at $25.35 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The firm has a market cap of $173.72 billion, a PE ratio of 8.39, a P/E/G ratio of 1.25 and a beta of 0.25. The firm has a 50 day simple moving average of $24.71 and a 200-day simple moving average of $24.90. AT&T has a 1-year low of $19.89 and a 1-year high of $29.43.

Institutional Investors Weigh In On AT&T

Several institutional investors and hedge funds have recently modified their holdings of the stock. Andra AP fonden boosted its holdings in AT&T by 1.5% in the 2nd quarter. Andra AP fonden now owns 739,787 shares of the technology company’s stock worth $15,314,000 after acquiring an additional 11,000 shares during the period. State Street Corp boosted its stake in shares of AT&T by 5.8% during the 2nd quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock valued at $6,919,464,000 after buying an additional 18,468,679 shares during the last quarter. Premier Financial Group purchased a new position in shares of AT&T during the 2nd quarter valued at approximately $42,000. Security National Bank of SO Dak acquired a new stake in shares of AT&T during the second quarter worth approximately $100,000. Finally, Anchor Investment Management LLC increased its stake in shares of AT&T by 5.3% in the second quarter. Anchor Investment Management LLC now owns 42,926 shares of the technology company’s stock worth $889,000 after buying an additional 2,174 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Company Profile

AT&T Inc (NYSE:T) is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.