AT&T (NYSE:T) Price Target Raised to $31.00 at Scotiabank

AT&T (NYSE:T) had its target price upped by Scotiabank from $29.50 to $31.00 in a research note released on Monday morning,Benzinga reports. Scotiabank currently has a sector perform rating on the technology company’s stock.

Other equities research analysts have also recently issued research reports about the company. Sanford C. Bernstein decreased their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Citigroup cut their price objective on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. Wells Fargo & Company reduced their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Williams Trading set a $32.00 target price on shares of AT&T in a research report on Thursday, January 29th. Finally, KeyCorp restated an “overweight” rating on shares of AT&T in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.00.

AT&T Stock Performance

Shares of AT&T stock opened at $27.54 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. AT&T has a twelve month low of $22.95 and a twelve month high of $29.79. The stock has a market cap of $192.77 billion, a price-to-earnings ratio of 9.03, a P/E/G ratio of 1.07 and a beta of 0.39. The company’s fifty day moving average is $26.10 and its 200 day moving average is $26.32.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.AT&T’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts forecast that AT&T will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, January 12th. AT&T’s payout ratio is presently 36.39%.

Hedge Funds Weigh In On AT&T

A number of institutional investors and hedge funds have recently modified their holdings of T. Front Row Advisors LLC bought a new stake in shares of AT&T in the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. boosted its stake in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after acquiring an additional 702 shares in the last quarter. GGM Financials LLC bought a new position in AT&T during the third quarter worth $25,000. Rachor Investment Advisory Services LLC acquired a new stake in AT&T in the fourth quarter worth $25,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in AT&T in the fourth quarter worth $25,000. 57.10% of the stock is currently owned by institutional investors.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T announced a partnership with AWS to support last‑mile AI workloads — this strengthens AT&T’s edge and 5G/fiber value proposition and could drive new revenue from enterprise AI services. AT&T pairs with AWS to support last mile AI workloads
• Positive Sentiment: Scotiabank raised its price target to $31 (sector perform), signaling modest analyst upside to the stock and reinforcing valuation support from brokers. Benzinga
• Positive Sentiment: A Seeking Alpha piece argues AT&T is positioned to outperform T‑Mobile in 2026, supporting a relative‑strength case for investors focused on telecom returns and dividend income. AT&T Likely To Outperform T-Mobile In 2026 Again
• Positive Sentiment: Investors Business Daily highlighted AT&T as a stock of the day and noted the shares are near a buy point after a post‑earnings surge — a technical signal some growth/value investors may follow. AT&T, IBD Stock Of The Day
• Positive Sentiment: Broker consensus is a “Moderate Buy,” reflecting broad analyst support that can underpin longer‑term demand from income and value investors. AT&T Inc. Given Consensus Recommendation of Moderate Buy
• Neutral Sentiment: AT&T’s presentation/transcript from the Deutsche Bank Media, Internet & Telecom conference provides management commentary and detail on strategy execution but offers no single market‑moving surprise. Deutsche Bank Conference Transcript
• Neutral Sentiment: PR Newswire said CFO Pascal Desroches will update shareholders at the Deutsche Bank conference and reiterated that new segment reporting (starting Q1 2026) should improve transparency around 5G/fiber returns — helpful for modeling but not an immediate catalyst. Pascal Desroches to Update Shareholders
• Neutral Sentiment: An ETF/consumer retail piece is largely unrelated to AT&T’s fundamentals and should have minimal direct impact on the stock’s movement today. 3 ETFs That Could Benefit as Consumers Tighten Their Budgets

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.