AT&T Inc. (T)
NYSE: T · IEX Real-Time Price · USD
17.52
+0.12 (0.69%)
At close: May 20, 2024, 4:02 PM
17.51
-0.01 (-0.06%)
After-hours: May 20, 2024, 4:24 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 20.38, with a low estimate of 17 and a high estimate of 29. The average target predicts an increase of 16.32% from the current stock price of 17.52.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 3 | 4 | 5 | 7 | 7 |
| Hold | 8 | 7 | 7 | 6 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold → Buy Upgrades $20 | Hold → Buy | Upgrades | $20 | +14.16% | Apr 29, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $22 → $23 | Buy | Maintains | $22 → $23 | +28.42% | Apr 25, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $17 | Hold | Reiterates | $17 | -2.97% | Apr 11, 2024 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $21 | Hold → Buy | Upgrades | $21 | +19.86% | Mar 5, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +14.16% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
126.25B
from 122.43B
Increased by 3.12%
Revenue Next Year
127.28B
from 126.25B
Increased by 0.82%
EPS This Year
2.26
from 1.97
Increased by 14.55%
EPS Next Year
2.34
from 2.26
Increased by 3.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 132.4B | 131.9B | 134.8B | 139.5B | 144.1B |
| Avg | 126.3B | 127.3B | 128.3B | 130.8B | 133.4B |
| Low | 120.7B | 120.5B | 120.0B | 123.5B | 124.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 4.5% | 5.9% | 8.7% | 10.1% |
| Avg | 3.1% | 0.8% | 0.8% | 2.0% | 2.0% |
| Low | -1.4% | -4.6% | -5.7% | -3.7% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.56 | 2.64 | 2.73 | 2.86 | 2.66 |
| Avg | 2.26 | 2.34 | 2.41 | 2.59 | 2.56 |
| Low | 2.05 | 2.01 | 1.94 | 2.33 | 2.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.1% | 16.8% | 16.3% | 18.3% | 2.4% |
| Avg | 14.6% | 3.9% | 2.9% | 7.5% | -1.3% |
| Low | 4.0% | -11.0% | -17.2% | -3.3% | -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.