AT&T
About: The wireless business contributes nearly 70% of AT&T's revenue. The firm 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 15% 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 24 million customers, but this business only accounts for 3% of revenue. The firm has agreed to sell its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.
Employees: 140,990
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
226% more first-time investments, than exits
New positions opened: 362 | Existing positions closed: 111
24% more call options, than puts
Call options by funds: $1.11B | Put options by funds: $893M
22% more funds holding in top 10
Funds holding in top 10: 50 [Q3] → 61 (+11) [Q4]
10% more capital invested
Capital invested by funds: $94.2B [Q3] → $104B (+$9.89B) [Q4]
8% more funds holding
Funds holding: 2,411 [Q3] → 2,606 (+195) [Q4]
2.86% more ownership
Funds ownership: 59.79% [Q3] → 62.65% (+2.86%) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 1,008 | Existing positions reduced: 995
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Tigress Financial Ivan Feinseth 44% 1-year accuracy 31 / 70 met price target | 23%upside $34 | Buy Maintained | 29 Apr 2025 |
Barclays Kannan Venkateshwar 59% 1-year accuracy 13 / 22 met price target | 8%upside $30 | Overweight Maintained | 25 Apr 2025 |
RBC Capital Jonathan Atkin 67% 1-year accuracy 14 / 21 met price target | 8%upside $30 | Outperform Maintained | 24 Apr 2025 |
Morgan Stanley Simon Flannery 40% 1-year accuracy 2 / 5 met price target | 12%upside $31 | Overweight Maintained | 24 Apr 2025 |
JP Morgan Richard Choe 36% 1-year accuracy 4 / 11 met price target | 12%upside $31 | Overweight Maintained | 24 Apr 2025 |
Financial journalist opinion
Based on 86 articles about T published over the past 30 days
