AT&T Inc. (T)
NYSE: T · IEX Real-Time Price · USD
16.09
-0.15 (-0.92%)
At close: Apr 16, 2024, 4:03 PM
16.12
+0.03 (0.19%)
Pre-market: Apr 17, 2024, 8:13 AM EDT
Stock Price Forecast
The 16 analysts with 12-month price forecasts for AT&T stock have an average target of 20.41, with a low estimate of 17 and a high estimate of 29. The average target predicts an increase of 26.85% from the current stock price of 16.09.
Analyst Consensus: Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $17 | $20.41 | $20 | $29 |
| Change | +5.66% | +26.85% | +24.30% | +80.24% |
Analyst Ratings
The average analyst rating for AT&T stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 3 | 4 | 5 | 5 |
| Hold | 8 | 8 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $17 | Hold | Reiterates | $17 | +5.66% | Apr 11, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $21 | Hold → Buy | Upgrades | $21 | +30.52% | Mar 5, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +24.30% | Feb 1, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $18 → $21 | Hold → Buy | Upgrades | $18 → $21 | +30.52% | Feb 1, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $28 → $29 | Strong Buy | Maintains | $28 → $29 | +80.24% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
Increased by 3.12%
from 122.43B
Revenue Next Year
127.28B
from 126.25B
Increased by 0.82%
from 126.25B
EPS This Year
2.26
from 1.97
Increased by 14.55%
from 1.97
EPS Next Year
2.34
from 2.26
Increased by 3.87%
from 2.26
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 181.19B | 143.05B | 134.04B | 120.74B | 122.43B | 126.25B | 127.28B | 128.27B | 133.97B | 132.06B |
| Revenue Growth | 6.11% | -21.05% | -6.30% | -9.92% | 1.40% | 3.12% | 0.82% | 0.77% | 4.45% | -1.43% |
| EPS | 1.89 | -0.75 | 2.73 | -1.13 | 1.97 | 2.26 | 2.34 | 2.41 | 2.71 | 2.72 |
| EPS Growth | -33.68% | - | - | - | - | 14.55% | 3.87% | 2.95% | 12.12% | 0.66% |
| No. Analysts | - | - | - | - | - | 26 | 25 | 19 | 6 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 132.4B | 131.9B | 134.8B | 140.2B | 135.9B |
| Avg | 126.3B | 127.3B | 128.3B | 134.0B | 132.1B |
| Low | 120.7B | 120.5B | 120.0B | 125.3B | 126.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 4.5% | 5.9% | 9.3% | 1.5% |
| Avg | 3.1% | 0.8% | 0.8% | 4.4% | -1.4% |
| Low | -1.4% | -4.6% | -5.7% | -2.3% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.56 | 2.64 | 2.73 | 2.94 | 2.80 |
| Avg | 2.26 | 2.34 | 2.41 | 2.71 | 2.72 |
| Low | 2.05 | 2.01 | 1.94 | 2.44 | 2.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.1% | 16.8% | 16.3% | 21.8% | 3.6% |
| Avg | 14.6% | 3.9% | 2.9% | 12.1% | 0.7% |
| Low | 4.0% | -11.0% | -17.2% | 1.1% | -3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
