AT&T
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 202 | Existing positions closed: 129
54% more call options, than puts
Call options by funds: $1.34B | Put options by funds: $871M
14% more capital invested
Capital invested by funds: $84.2B [Q2] → $95.6B (+$11.4B) [Q3]
2% more funds holding in top 10
Funds holding in top 10: 49 [Q2] → 50 (+1) [Q3]
2% more funds holding
Funds holding: 2,358 [Q2] → 2,399 (+41) [Q3]
0.82% less ownership
Funds ownership: 61.21% [Q2] → 60.39% (-0.82%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 905 | Existing positions reduced: 1,078
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Tigress Financial Ivan Feinseth 71% 1-year accuracy 49 / 69 met price target | 29%upside $32 | Buy Maintained | 4 Feb 2025 |
Scotiabank Maher Yaghi 73% 1-year accuracy 11 / 15 met price target | 5%upside $26 | Sector Outperform Maintained | 28 Jan 2025 |
RBC Capital Jonathan Atkin 71% 1-year accuracy 15 / 21 met price target | 9%upside $27 | Outperform Maintained | 28 Jan 2025 |
Bernstein Laurent Yoon 75% 1-year accuracy 3 / 4 met price target | 17%upside $29 | Outperform Maintained | 28 Jan 2025 |
Argus Research Joseph Bonner 83% 1-year accuracy 15 / 18 met price target | 9%upside $27 | Buy Upgraded | 16 Jan 2025 |
Financial journalist opinion
Based on 81 articles about T published over the past 30 days









