T stock icon

AT&T
T

$19.16
1.43%

Market Cap: 137B

 

About: The wireless business contributes about two thirds of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.

Employees: 160,700

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 89 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

30% more call options, than puts

Call options by funds: $1.04B | Put options by funds: $800M

5% more capital invested

Capital invested by funds: $68.7B [Q4 2023] → $72.2B (+$3.53B) [Q1 2024]

0.09% more ownership

Funds ownership: 57.0% [Q4 2023] → 57.1% (+0.09%) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 947 | Existing positions reduced: 1,011

2% less funds holding

Funds holding: 2,387 [Q4 2023] → 2,334 (-53) [Q1 2024]

10% less funds holding in top 10

Funds holding in top 10: 40 [Q4 2023] → 36 (-4) [Q1 2024]

25% less first-time investments, than exits

New positions opened: 156 | Existing positions closed: 209

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$17
11%
downside
Avg. target
$22
14%
upside
High target
$29
51%
upside

16 analyst ratings

13 positive
81%
neutral
19%
negative
0%
Scotiabank
Maher Yaghi
20%upside
$23
Sector Outperform
Maintained
10 Jul 2024
RBC Capital
Jonathan Atkin
6%downside
$18
Sector Perform
Reiterated
10 Jul 2024
Goldman Sachs
James Schneider
15%upside
$22
Buy
Initiated
1 Jul 2024
Deutsche Bank
Bryan Kraft
36%upside
$26
Buy
Maintained
28 Jun 2024
Oppenheimer
Timothy Horan
10%upside
$21
Outperform
Maintained
25 Jun 2024

Financial journalist opinion

Based on 89 articles about T published over the past 30 days