AT&T (T)

• Market cap: $209B
• 1 day: -1.15%
• 5 days: -0.75%
• 1 month: 0.97%
• 3 months: 5.57%
• 6 months: 9.73%
• Year to date: 27.9%
• 1 year: 34.38%
• 5 years: 33.64%
• 10 years: 18.8%
• Sector: Communication Services
• Industry: Telecom Services

About: The wireless business contributes nearly 70% of AT&T's revenue. The company is the third-largest US wireless carrier, connecting 73 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 14% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 12% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 24 million customers, but this business only accounts for 3% of revenue. The company recently sold its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.

Employees: 140,990

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 214 | Existing positions closed: 150

18% more repeat investments, than reductions

Existing positions increased: 1,264 | Existing positions reduced: 1,068

18% more call options, than puts

Call options by funds: $1.7B | Put options by funds: $1.45B

1.28% more ownership

Funds ownership: 63.38% [Q1] → 64.65% (+1.28%) [Q2]

0% more funds holding

Funds holding: 2,819 [Q1] → 2,826 (+7) [Q2]

1% less capital invested

Capital invested by funds: $136B [Q1] → $135B (-$1.12B) [Q2]

31% less funds holding in top 10

Funds holding in top 10: 77 [Q1] → 53 (-24) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30
• Avg. target: $32
• High target: $33

8 analyst ratings

• positive: 8 100%
• neutral: 0 0%
• negative: 0 0%

Raymond James Frank Louthan	$33	Strong Buy Reiterated	18 Sep 2025
Bernstein Laurent Yoon	$32	Outperform Maintained	4 Sep 2025
Goldman Sachs Michael Ng	$32	Buy Assumed	2 Sep 2025
JP Morgan Sebastiano Petti	$33	Overweight Maintained	24 Jul 2025
Morgan Stanley Simon Flannery	$32	Overweight Maintained	16 Jul 2025