AT&T Inc. (T)
NYSE: T · IEX Real-Time Price · USD
18.82
-0.16 (-0.84%)
At close: Jul 2, 2024, 4:00 PM
18.81
-0.01 (-0.05%)
After-hours: Jul 2, 2024, 7:59 PM EDT
AT&T Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for AT&T stock have an average target of 21.13, with a low estimate of 17 and a high estimate of 29. The average target predicts an increase of 12.27% from the current stock price of 18.82.
Analyst Consensus: Buy
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Buy | 4 | 5 | 7 | 7 | 7 | 7 |
| Hold | 7 | 6 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +16.90% | Jul 1, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $24 → $26 | Strong Buy | Maintains | $24 → $26 | +38.15% | Jun 28, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $21 | Buy | Maintains | $21 | +11.58% | Jun 25, 2024 |
| UBS | UBS | Strong Buy Maintains $24 | Strong Buy | Maintains | $24 | +27.52% | Jun 18, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $20 | Hold → Buy | Upgrades | $20 | +6.27% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
125.19B
from 122.43B
Increased by 2.26%
Revenue Next Year
126.62B
from 125.19B
Increased by 1.15%
EPS This Year
2.27
from 1.97
Increased by 15.10%
EPS Next Year
2.34
from 2.27
Increased by 3.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 130.0B | 132.2B | 135.3B | 139.5B | 144.1B |
| Avg | 125.2B | 126.6B | 127.9B | 130.8B | 133.4B |
| Low | 119.0B | 120.5B | 120.3B | 123.5B | 124.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2% | 5.6% | 6.8% | 9.1% | 10.1% |
| Avg | 2.3% | 1.1% | 1.0% | 2.3% | 2.0% |
| Low | -2.8% | -3.8% | -5.0% | -3.4% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.51 | 2.67 | 2.74 | 2.86 | 2.66 |
| Avg | 2.27 | 2.34 | 2.44 | 2.59 | 2.56 |
| Low | 2.08 | 1.96 | 1.92 | 2.33 | 2.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.4% | 17.6% | 17.2% | 17.1% | 2.4% |
| Avg | 15.1% | 3.1% | 4.3% | 6.3% | -1.3% |
| Low | 5.5% | -13.6% | -17.9% | -4.4% | -5.9% |
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.