Oppenheimer Forecasts Strong Price Appreciation for AT&T (NYSE:T) Stock

AT&T (NYSE:T) had its target price upped by investment analysts at Oppenheimer from $29.00 to $32.00 in a report issued on Wednesday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the technology company’s stock. Oppenheimer’s price target would indicate a potential upside of 17.04% from the stock’s previous close.

A number of other analysts also recently issued reports on T. Sanford C. Bernstein dropped their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Morgan Stanley decreased their price objective on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. Scotiabank lifted their target price on shares of AT&T from $29.50 to $31.00 and gave the company a “sector perform” rating in a research report on Monday. Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Finally, Wells Fargo & Company decreased their price target on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. 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 stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus target price of $30.35.

AT&T Trading Up 0.7%

Shares of T stock opened at $27.34 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T has a 52-week low of $22.95 and a 52-week high of $29.79. The company has a market capitalization of $191.40 billion, a PE ratio of 8.96, a price-to-earnings-growth ratio of 1.01 and a beta of 0.39. The business’s fifty day moving average is $26.25 and its 200 day moving average is $26.33.

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

Institutional Trading of AT&T

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Front Row Advisors LLC purchased a new position in shares of AT&T during the second quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. boosted its stake in shares of AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares in the last quarter. GGM Financials LLC bought a new position in shares of AT&T during the 3rd quarter valued at $25,000. Rachor Investment Advisory Services LLC purchased a new position in AT&T in the 4th quarter worth $25,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in AT&T in the 4th quarter worth $25,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: Oppenheimer upgraded AT&T and raised its price target to $32, citing stronger fundamentals and upside from the network plan; this analyst endorsement supports bullish interest. Oppenheimer Issues Positive Forecast for AT&T
• Positive Sentiment: Scotiabank raised its price target to $31, adding institutional support to the view that AT&T’s strategy (fiber + 5G) can re-rate the stock. Scotiabank Boosts AT&T Price Target
• Positive Sentiment: Arete Research upgraded T to Neutral (from Sell) and set a $28 target after modeling benefits from the copper switch‑off, implying margin and cost improvements. Arete Upgrades AT&T
• Positive Sentiment: AT&T reiterated an aggressive network expansion plan (aiming at far larger fiber footprint and a multi‑year $250B+ U.S. commitment), which analysts and suppliers (e.g., Corning) view as demand positive for fiber and 5G rollout. AT&T’s US$250b Network Plan
• Neutral Sentiment: AT&T completed a CAD‑denominated long‑term debt offering (CAD$1.25B of 4.500% notes), a routine funding move that lengthens maturity profile but increases liabilities in the near term. AT&T Completes CAD Debt Offering
• Neutral Sentiment: AT&T announced local community investments (e.g., a Connected Learning Center grant) that are PR‑positive but immaterial to financials. Connected Learning Center Award
• Neutral Sentiment: Industry moves (Lumen’s pivot and fiber deals) highlight growing demand for long‑haul and metro fiber; this underscores structural tailwinds for AT&T’s fiber strategy but is an indirect dynamic. Lumen Turnaround and Fiber Deals
• Negative Sentiment: Some bearish commentary (e.g., Seeking Alpha “Sell the Rip”) warns that the recent run and headline investments could prompt near‑term profit taking and that valuation risk remains if execution slips. Sell The Rip
• Negative Sentiment: Press pieces noting the stock’s recent dip highlight investor concerns about funding the $250B plan, rising near‑term capex, and execution/hiring costs—factors that could pressure margins if not managed. Why AT&T Dipped

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.