AT&T Inc. (T)
NYSE: T · Real-Time Price · USD
21.65
+0.09 (0.42%)
At close: Sep 26, 2024, 4:01 PM
21.71
+0.06 (0.28%)
After-hours: Sep 26, 2024, 6:30 PM EDT

AT&T Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for AT&T stock have an average target of 22.06, with a low estimate of 17 and a high estimate of 29. The average target predicts an increase of 1.89% from the current stock price of 21.65.

Analyst Consensus: Buy
Target Low Average Median High
Price $17 $22.06 $23 $29
Change -21.48% +1.89% +6.24% +33.95%

Analyst Ratings

The average analyst rating for AT&T stock from 18 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 555655
Buy 777777
Hold 443566
Sell 000000
Strong Sell 000000
Total 161615181818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$21$24
Strong Buy Maintains $21$24 +10.85% Sep 11, 2024
MoffettNathanson
MoffettNathanson
Hold
Maintains
$17$18
Hold Maintains $17$18 -16.86% Aug 15, 2024
TD Cowen
TD Cowen
Hold
Maintains
$21$23
Hold Maintains $21$23 +6.24% Jul 25, 2024
Scotiabank
Scotiabank
Buy
Maintains
$23$24
Buy Maintains $23$24 +10.85% Jul 25, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$18$19
Hold Maintains $18$19 -12.24% Jul 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
125.16B
from 122.43B
Increased by 2.23%
Revenue Next Year
127.28B
from 125.16B
Increased by 1.69%
EPS This Year
2.25
from 1.97
Increased by 14.14%
EPS Next Year
2.32
from 2.25
Increased by 3.34%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
181.19B143.05B134.04B120.74B122.43B125.16B127.28B128.80B
Revenue Growth
6.11%-21.05%-6.30%-9.92%1.40%2.23%1.69%1.20%
EPS
1.89-0.752.73-1.131.972.252.322.42
EPS Growth
-33.50%----14.14%3.34%4.29%
Forward PE
-----9.649.338.95
No. Analysts -----272720
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 130.4B 136.7B 137.6B
Avg 125.2B 127.3B 128.8B
Low 119.2B 120.4B 120.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
6.5%
9.2%
8.1%
Avg
2.2%
1.7%
1.2%
Low
-2.7%
-3.8%
-5.3%

EPS Forecast

EPS 20242025202620272028
High 2.38 2.53 2.71
Avg 2.25 2.32 2.42
Low 2.07 2.05 2.02

EPS Growth

EPS Growth 20242025202620272028
High
21.2%
12.6%
16.8%
Avg
14.1%
3.3%
4.3%
Low
5.1%
-8.8%
-13.0%
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.