AT&T (NYSE:T) Releases FY 2026 Earnings Guidance

AT&T (NYSE:T) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.250-2.350 for the period, compared to the consensus earnings per share estimate of 2.310. The company issued revenue guidance of -.

AT&T Stock Performance

Shares of T stock opened at $22.95 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 1.06. 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 $22.79 and its two-hundred day moving average is $25.24. The company has a market capitalization of $159.44 billion, a P/E ratio of 7.60, a P/E/G ratio of 0.91 and a beta of 0.24.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. During the same period in the previous year, the business earned $0.54 earnings per share. The business’s revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts expect that AT&T will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a dividend of $0.2775 per share. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.8%. AT&T’s dividend payout ratio is currently 37.25%.

Analyst Ratings Changes

Several research firms have issued reports on T. Weiss Ratings downgraded shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. TD Cowen boosted 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. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Scotiabank lowered their price objective on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a report on Wednesday, July 15th. Finally, Argus cut their price objective on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T beat Q2 earnings estimates, reporting adjusted EPS of $0.65 versus expectations around $0.59, which reinforced the view that core profitability is improving. AT&T (NYSE:T) Shares Up 3.5% on Better-Than-Expected Earnings
• Positive Sentiment: The company added more than 1 million advanced connectivity customers, including strong wireless and broadband gains, signaling continued momentum in fiber and bundled services. T Q2 Earnings Call Points to Fiber-Led Growth Path
• Positive Sentiment: Management kept its 2026 guidance intact and said buybacks are accelerating, which supports confidence in cash flow and shareholder returns. AT&T Earnings Beat. CEO Stankey: Starlink Deal Not Needed At All
• Positive Sentiment: Analysts turned more constructive after the report, saying concerns about satellite competition from SpaceX/Starlink may be overblown, which helped fuel the stock’s rebound. AT&T Stock Gets Upgraded. SpaceX Worries Are Overblown.
• Neutral Sentiment: Revenue missed expectations, so investors are balancing the earnings strength against signs that top-line growth remains uneven. AT&T ($T) Releases Q2 2026 Earnings
• Neutral Sentiment: AT&T’s outlook still depends on sustained fiber growth and wireless execution, while competition, heavy investment needs, and legacy declines remain risks. AT&T Stock Outlook Hinges on Fiber Growth and Wireless Risks in 2026

Institutional Trading of AT&T

Large investors have recently bought and sold shares of the business. 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. Prosperity Bancshares Inc acquired a new position in shares of AT&T during the 4th quarter valued at about $148,000. Kemnay Advisory Services Inc. purchased a new stake in shares of AT&T in the fourth quarter valued at about $70,000. Quattro Advisors LLC purchased a new stake in shares of AT&T in the fourth quarter valued at about $81,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in AT&T during the fourth quarter worth about $120,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Company Profile

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.