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

AT&T (NYSE:T) had its price target boosted by analysts at Scotiabank from $31.00 to $31.50 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “sector perform” rating on the technology company’s stock. Scotiabank’s target price would suggest a potential upside of 11.26% from the company’s current price.

Other analysts have also issued research reports about the company. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a report on Tuesday, March 10th. KeyCorp raised their price objective on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Finally, Oppenheimer increased their target price on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.74.

AT&T Stock Up 0.0%

T opened at $28.31 on Wednesday. The firm’s 50 day simple moving average is $27.61 and its two-hundred day simple moving average is $26.24. The company has a market capitalization of $197.72 billion, a PE ratio of 9.28, a PEG ratio of 1.06 and a beta of 0.34. AT&T has a 1-year low of $22.95 and a 1-year high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

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

Hedge Funds Weigh In On AT&T

A number of hedge funds have recently made changes to their positions in the business. Financial & Tax Architects LLC boosted its stake in AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock worth $220,000 after purchasing an additional 356 shares during the period. Tsfg LLC raised its position in shares of AT&T by 3.6% during the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after buying an additional 366 shares during the last quarter. Lifestyle Asset Management Inc. raised its position in shares of AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock valued at $261,000 after buying an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. lifted its holdings in shares of AT&T by 1.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock worth $794,000 after buying an additional 370 shares in the last quarter. Finally, Bruce G. Allen Investments LLC lifted its holdings in shares of AT&T by 1.7% in the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock worth $556,000 after buying an additional 374 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

Trending Headlines about AT&T

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

• Positive Sentiment: OneConnect bundled offering could accelerate new-customer adds and simplify ARPU expansion — Wall Street analysts (including Goldman Sachs/Mike Ng) highlight the OneConnect package (wireless + 1‑gig fiber + device simplicity) as a way to regain share in the value segment and improve customer economics. This is being cited as a strategic growth catalyst. Read More.
• Positive Sentiment: Q4 results and guidance beat expectations — Recent earnings showed an EPS beat, revenue growth and FY26 guidance that is modestly constructive, which supports valuation and dividend safety narratives for income investors. Analysts are pointing to subscriber strength and margin progress. Read More.
• Positive Sentiment: Analyst price-target lift and buy-side support — Scotiabank raised its AT&T price target to $31.50 (sector perform) and other analysts (e.g., Goldman-backed notes/TipRanks coverage) have reiterated bullish takes tied to OneConnect and network-driven growth, which can attract flows. Read More.
• Positive Sentiment: Large public-safety/FirstNet investment — AT&T’s $2 billion commitment to power the next‑gen emergency network (FirstNet) supports steady, contract-backed revenue and accelerates 5G footprint — a strategic win for long-term network monetization. Read More.
• Neutral Sentiment: Regional wireline asset sale completed — The Upper Peninsula wireline network sale to UP Fiber reduces AT&T’s local operating burden and funds reinvestment, but the direct EPS/cash impact is modest and largely execution-dependent. Read More.
• Neutral Sentiment: Third-party spectrum deals involving AT&T referenced in EchoStar coverage — EchoStar’s spectrum agreements (mentioning AT&T/SpaceX) reduce counterparty risk for EchoStar; implications for AT&T are indirect and currently unclear. Read More.
• Negative Sentiment: Legacy unlimited-plan price hikes risk customer backlash and churn — Reports of price increases and confusing legacy plan changes could lift near-term ARPU but also raise churn/PR risks that investors worry may offset gains from new bundled offers. That tension is a headline drag today. Read More.

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.