AT&T
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
202% more first-time investments, than exits
New positions opened: 335 | Existing positions closed: 111
38% more call options, than puts
Call options by funds: $1.62B | Put options by funds: $1.17B
30% more capital invested
Capital invested by funds: $104B [Q4 2024] → $136B (+$31.3B) [Q1 2025]
24% more funds holding in top 10
Funds holding in top 10: 62 [Q4 2024] → 77 (+15) [Q1 2025]
7% more funds holding
Funds holding: 2,632 [Q4 2024] → 2,805 (+173) [Q1 2025]
0.67% more ownership
Funds ownership: 62.68% [Q4 2024] → 63.35% (+0.67%) [Q1 2025]
6% less repeat investments, than reductions
Existing positions increased: 1,073 | Existing positions reduced: 1,147
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Raymond James Frank Louthan | 12%upside $31 | Strong Buy Reiterated | 24 Jul 2025 |
JP Morgan Sebastiano Petti | 19%upside $33 | Overweight Maintained | 24 Jul 2025 |
Morgan Stanley Simon Flannery | 15%upside $32 | Overweight Maintained | 16 Jul 2025 |
Scotiabank Kevin Fisk | 8%upside $30 | Sector Outperform Maintained | 11 Jul 2025 |
Wells Fargo Eric Luebchow | 12%upside $31 | Overweight Maintained | 10 Jul 2025 |
Financial journalist opinion
Based on 69 articles about T published over the past 30 days









