AT&T Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, AT&T stock has a consensus rating of "Buy" and an average price target of $30.28. The average 1-year stock price forecast is 28.41% higher than the current stock price, while the lowest is $25 (+6.02%) and the highest is $36 (+52.67%).

Price Target: $30.28 (+28.41%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25	$30.28	$31	$36
Change	+6.02%	+28.41%	+31.47%	+52.67%

Analyst Ratings

The average analyst rating for AT&T stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	12	12	12	12	12	12
Buy	4	4	4	3	3	4
Hold	8	8	9	10	10	10
Sell	0	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	25	25	25	25	25	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timothy Horan Oppenheimer	Oppenheimer	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	Jun 3, 2026
Sean Diffley Morgan Stanley	Morgan Stanley	Buy Maintains $30	Buy	Maintains	$30	+27.23%	May 20, 2026
Jonathan Atkin RBC Capital	RBC Capital	Buy Maintains $31	Buy	Maintains	$31	+31.47%	May 20, 2026
Laurent Yoon Bernstein	Bernstein	Buy Maintains $30	Buy	Maintains	$30	+27.23%	May 11, 2026
Sebastiano Petti J.P. Morgan	J.P. Morgan	Buy Reiterates $33	Buy	Reiterates	$33	+39.95%	May 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

129.48B

from 125.65B

3.05%

from 125.65B

Revenue Next Year

132.48B

from 129.48B

2.32%

from 129.48B

EPS This Year

2.32

from 2.12

9.20%

from 2.12

EPS Next Year

2.55

from 2.32

10.25%

from 2.32

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	134.04B	120.74B	122.43B	122.34B	125.65B	129.48B
Revenue Growth	-6.30%	-9.92%	1.40%	-0.08%	2.71%	3.05%
Gross Profit	73.63B	69.89B	72.31B	73.12B	74.83B	78.25B
Gross Margin	54.93%	57.89%	59.06%	59.77%	59.55%	60.44%
Operating Income	34.76B	28.35B	26.17B	26.45B	26.57B	27.58B
Net Income	20.08B	-8.52B	14.40B	10.95B	21.95B	15.78B
EPS	-	-	-	-	2.12	2.32
EPS Growth	-	-	-	-	-6.19%	9.20%
Forward PE	7.81	7.20	6.84	10.25	11.47	10.19
Dividend / Share	2.08	1.11	1.11	1.11	1.11	1.11
Dividend Growth	-	-46.63%	-	-	-	-
Free Cash Flow	-67.74B	102.71B	6.45B	15.81B	12.59B	17.95B
No. Analysts	-	-	-	-	-	22

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	133.3B
Avg	129.5B
Low	128.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	6.1%
Avg	3.1%
Low	1.9%

EPS Forecast

EPS	2026	2027	2028
High	2.35
Avg	2.32
Low	2.28

EPS Growth

EPS Growth	2026	2027	2028
High	11.1%
Avg	9.2%
Low	7.5%