AT&T (NYSE:T) Stock Price Expected to Rise, Oppenheimer Analyst Says

AT&T (NYSE:T) had its price objective increased by research analysts at Oppenheimer from $29.00 to $32.00 in a research report issued to clients and investors on Wednesday. The firm currently has an “outperform” rating on the technology company’s stock. Oppenheimer’s price target would indicate a potential upside of 15.50% from the company’s previous close.

Several other equities analysts have also recently commented on T. Loop Capital set a $29.00 target price on shares of AT&T in a research note on Friday, December 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Scotiabank raised their price objective on shares of AT&T from $29.50 to $31.00 and gave the company a “sector perform” rating in a research note on Monday. Sanford C. Bernstein dropped their target price on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Finally, Citigroup cut their target price on AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, AT&T currently has an average rating of “Moderate Buy” and an average target price of $30.35.

AT&T Stock Up 0.6%

Shares of AT&T stock opened at $27.71 on Wednesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. AT&T has a 1-year low of $22.95 and a 1-year high of $29.79. The business’s fifty day moving average price is $26.16 and its two-hundred day moving average price is $26.31. The company has a market capitalization of $193.95 billion, a P/E ratio of 9.08, a PEG ratio of 1.03 and a beta of 0.39.

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

Hedge Funds Weigh In On AT&T

Several large investors have recently made changes to their positions in the business. Front Row Advisors LLC bought a new stake in AT&T during the second quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. increased its holdings in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after buying an additional 702 shares in the last quarter. GGM Financials LLC bought a new position in shares of AT&T in the third quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of AT&T during the 4th quarter valued at $25,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of AT&T during the 4th quarter worth $25,000. Institutional investors own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T announced a >$250 billion, five‑year U.S. network investment program aimed at fiber, 5G, wireless and satellite expansion and workforce/security initiatives — investors view this as a long‑term growth and competitive positioning play for the AI/connected economy. AT&T’s US$250b Network Plan And What It Could Mean For Valuation
• Positive Sentiment: Scotiabank raised its price target to $31 (sector perform), signaling analyst support that helps underpin the rally and suggests upside versus current levels. Scotiabank Boosts AT&T Price Target to $31.00
• Positive Sentiment: Partnerships and ecosystem ties — notably AT&T pairing with AWS to support last‑mile AI workloads — reinforce the narrative that the capex will target high‑value enterprise and AI use cases. AT&T pairs with AWS to support last-mile AI workloads
• Neutral Sentiment: Market coverage tweaks: Arete Research upgraded AT&T from sell to neutral with a $28 target — a modest endorsement but not a bullish re‑rating. Arete Research upgrade
• Neutral Sentiment: Corporate PR and anniversary events (150th anniversary, CEO bell‑ringing) raise visibility but have limited direct financial impact. AT&T Celebrates 150 years of Connecting
• Negative Sentiment: Some Wall Street caution: analysts and commentary note the scale of the $250B commitment could pressure free cash flow, leverage and near‑term returns — raising execution and funding risk in the eyes of more conservative investors. AT&T to invest $250 billion over five years in US to boost infrastructure

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.