FY2026 Earnings Estimate for AT&T Issued By Erste Group Bank

AT&T Inc. (NYSE:T) – Investment analysts at Erste Group Bank boosted their FY2026 EPS estimates for AT&T in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the technology company will earn $2.32 per share for the year, up from their prior estimate of $2.31. The consensus estimate for AT&T’s current full-year earnings is $2.32 per share. Erste Group Bank also issued estimates for AT&T’s FY2027 earnings at $2.56 EPS.

AT&T (NYSE:T) last posted its earnings results 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 return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion for the quarter, compared to analysts’ expectations of $31.29 billion. During the same period last year, the firm earned $0.51 EPS. The company’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.

A number of other research analysts have also issued reports on the company. Barclays decreased their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Citigroup lifted their target price on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Morgan Stanley decreased their price objective on AT&T from $30.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Finally, Scotiabank lowered their target price on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.34.

AT&T Stock Performance

Shares of T stock opened at $21.99 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. AT&T has a 12-month low of $19.89 and a 12-month high of $29.79. The business’s 50 day moving average is $23.05 and its two-hundred day moving average is $25.32. The company has a market capitalization of $152.79 billion, a P/E ratio of 7.38, a P/E/G ratio of 0.84 and a beta of 0.24.

Institutional Investors Weigh In On AT&T

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in shares of AT&T by 26.5% during the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after acquiring an additional 10,188 shares during the period. Osterweis Capital Management Inc. grew its holdings in shares of AT&T by 4,352.9% in the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock valued at $180,000 after purchasing an additional 6,094 shares during the period. Main Street Financial Solutions LLC increased its position in AT&T by 4.0% during the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after purchasing an additional 1,022 shares during the last quarter. HUB Investment Partners LLC increased its position in AT&T by 19.6% during the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after purchasing an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in AT&T by 1.8% during the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after purchasing an additional 3,677 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.0%. AT&T’s dividend payout ratio is 37.25%.

AT&T News Summary

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

• Positive Sentiment: Erste Group Bank raised its earnings outlook for AT&T for FY2026 and FY2027, signaling confidence that the company can keep delivering profits in line with or above consensus. AT&T analyst estimate update
• Positive Sentiment: KeyCorp also lifted multiple EPS estimates for AT&T and maintained an Overweight rating with a $36 price target, reinforcing the view that earnings can improve into 2026-2027. AT&T analyst estimate update
• Positive Sentiment: AT&T said its AI system to prevent network outages has reduced customer downtime by more than 12 million hours, a sign of better network reliability and potential operational efficiency gains. AT&T AI network outage article
• Positive Sentiment: Recent coverage highlighted AT&T as the fastest connectivity provider and noted strong speeds across wireless and fiber, which could support customer growth and pricing power. AT&T fastest connectivity provider article
• Neutral Sentiment: AT&T disclosed $50,000 of lobbying activity in Q2 2026, mostly around regulatory and telecom policy issues; this is notable but unlikely to move the stock on its own. AT&T lobbying disclosure
• Neutral Sentiment: Scotiabank recently trimmed its price target to $29.25 from $31 while keeping a sector-perform view, which is less bullish than some peers but still implies upside from current levels. AT&T Scotiabank target update
• Negative Sentiment: A customer fee increase reported this week may add some near-term pressure to subscriber sentiment, even if it helps revenue. AT&T monthly fee increase article

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.