AT&T Inc.

NYSE:T Lagerbericht

Marktkapitalisierung: US$172.3b

AT&T Zukünftiges Wachstum

Future Kriterienprüfungen 0/6

Der Gewinn von AT&T wird voraussichtlich um 1.2% pro Jahr zurückgehen, während der Jahresumsatz um 2.6% pro Jahr wachsen soll. Der Gewinn je Aktie wird voraussichtlich um 4% pro Jahr steigen. Die Eigenkapitalrendite wird in 3 Jahren voraussichtlich 15.9% betragen.

Wichtige Informationen

-1.2%

Wachstumsrate der Gewinne

3.98%

EPS-Wachstumsrate

Telecom Gewinnwachstum46.9%
Wachstumsrate der Einnahmen2.6%
Zukünftige Eigenkapitalrendite15.93%
Analystenabdeckung

Good

Zuletzt aktualisiert20 Aug 2026

Jüngste Aktualisierungen zum künftigen Wachstum

Recent updates

Seeking Alpha • Sep 10

AT&T: SpaceX Threat Is Still Exaggerated

Summary This article weighs the tangible FQ2 operating results posted by AT&T against the perceived SpaceX competition. My conclusion is that the downside is still exaggerated and the current valuation still does not fully capture the upside. Fiber is a top driver on my list, and convergence with wireless can also enhance customer stickiness, supporting long-term growth and reduced churn. T's forward P/E of ~11x and PEG near 1x remain attractive despite recent price rally. P/cash ratio of around 4.4x is still too cheap either in absoluteterms or relative to sector medians. Read the full article on Seeking Alpha
Narrative-Update • Aug 03

T: Future Returns Will Balance Fiber Gains With Satellite And Spectrum Uncertainties

Analysts have revised their price target for AT&T from $25.00 to $21.23 as they incorporate updated assumptions for revenue growth, profit margins, and future P/E expectations. What’s in the News for AT&T AT&T reported Q2 2026 adjusted earnings of US$0.65 per share and 2.3% year over year revenue growth, with 432,000 net postpaid phone additions and 646,000 net internet subscriber additions, including 279,000 fixed wireless customers.
Narrative-Update • Jul 20

T: Fiber And Satellite Partnerships Will Drive Future Converged Connectivity Returns

Analysts have modestly reduced their price target for AT&T to $29.03 from $30.24, reflecting slightly lower fair value and valuation assumptions, including a reduced future P/E estimate, while keeping revenue growth and profit margin expectations broadly similar. What's in the News Dish DBS, a subsidiary of EchoStar, filed for prepackaged Chapter 11 bankruptcy after it could not repay US$2b in senior secured notes due July 1.
Narrative-Update • Jul 06

T: Fiber Leadership And Converged Connectivity Will Drive Future Return Potential

AT&T's analyst price target has been adjusted to $30.24 from $29.41, with analysts pointing to updated assumptions for revenue growth, profit margin, discount rate, and future P/E as the basis for this revision. What’s in the News for AT&T AT&T Fiber was named the top home internet provider in a recent Opensignal report, winning 107 categories across speed, reliability, and video quality in the metro areas evaluated where its fiber service is available, with source reports highlighting AT&T’s multiyear fiber buildout and focus on in home experience.
Narrative-Update • Jun 22

T: Future Returns Will Reflect Fiber Strength Against Rising Satellite Competition

Analysts have maintained their AT&T price target at $25.00, noting only small adjustments to assumptions for discount rate, revenue growth, profit margins, and future P/E as reasons to keep their previous valuation view unchanged. What’s in the News for AT&T AT&T Fiber ranked as the leading home internet provider in a recent Opensignal report, with 107 category wins across 26 metro areas where it offers fiber service, including top scores for speed, reliability, and video quality.
Narrative-Update • Jun 05

T: Future Returns Will Reflect Satellite Coverage Push And Steady P/E Expectations

Analysts are maintaining their $25.00 price target for AT&T, pointing to updated assumptions around the discount rate, modest revenue growth, profit margin expectations, and future P/E, which together leave their overall valuation view unchanged. What's in the News AT&T, T-Mobile, and Verizon agreed in principle to form a joint venture that will pool spectrum and use satellite based direct to device technology to reduce U.S. mobile dead zones, particularly in rural and underserved areas, with AST SpaceMobile expected to play a key role in enabling the service.
Narrative-Update • May 20

T: Future Returns Will Reflect Network Resilience Push And Steady P/E Expectations

Analysts are keeping AT&T's price target steady at $25.00, citing updated assumptions that include slight adjustments to the discount rate, revenue growth, profit margin, and future P/E expectations, rather than a major shift in the outlook. What's in the News AT&T, T-Mobile, and Verizon agreed in principle to form a joint venture that plans to use satellite based, direct to device technologies to reduce wireless dead zones across the U.S., improve network resilience in emergencies, and create a unified platform for satellite partners, subject to definitive agreements and closing conditions (AST SpaceMobile announcement).
Narrative-Update • Apr 28

T: Future Returns Will Balance Heavy Network Spend And Moderating P/E Expectations

Analysts have slightly lowered their AT&T price target from about $25.11 to $25.00 as they factor in modestly different assumptions for revenue growth, profit margins, the discount rate, and the future P/E multiple. What's in the News Between January 1, 2026 and March 31, 2026, AT&T repurchased 86,199,718 shares, or 1.22% of its stock, for US$2,300m under its December 3, 2024 buyback program.
Narrative-Update • Apr 14

T: Expanded Buybacks Will Support Confidence In Long Term Connectivity Investments

Analysts now estimate AT&T's fair value at roughly $36.00 per share, a slight adjustment from about $36.00 previously. This reflects updated views on the discount rate, modest revenue growth expectations, profit margins, and future P/E assumptions.
Narrative-Update • Mar 31

T: Expanded Buybacks Will Support Confidence In Long Term Connectivity Investments

Analysts now place AT&T's fair value estimate at $36.00, up from about $31.46. This reflects updated assumptions for discount rate, revenue growth, profit margin, and future P/E that they see as better aligned with the company’s current risk and earnings profile.
Narrative-Update • Mar 16

T: Future Returns Will Be Pressured By Rich P/E Versus Fundamentals

Analysts have raised AT&T's price target to $25.11 from $23.24, reflecting updated assumptions that include slightly higher revenue growth, a modest change in the discount rate, a small adjustment to profit margin expectations, and a higher future P/E multiple. What's in the News AT&T introduced updated Unlimited Your Way wireless plans, including the new AT&T Value 2.0 entry level option, offering mix and match flexibility, more high speed data, and features such as ActiveArmor and unlimited talk, text, and data across the U.S., Canada, and Mexico (Product related announcement).
Narrative-Update • Mar 02

T: Cloud Partnerships And Buybacks Will Shape Balanced Return Potential

Analysts have nudged their price target narrative on AT&T slightly higher to about $29.41, reflecting updated assumptions for discount rate, fair value and future P/E that fine-tune rather than overhaul the prior view. What's in the News AT&T, Amazon Web Services and Amazon Leo are working together to combine AT&T’s fiber network with AWS cloud and AI tools, including migrating AT&T workloads to AWS Outposts and connecting AWS data centers with high capacity fiber, while Amazon Leo will provide satellite based connectivity for fixed broadband services in harder to serve areas (Key Developments).
Narrative-Update • Feb 16

T: Future Returns Will Be Constrained By Lower Expected P/E Multiple

Analysts have adjusted their AT&T price target from $26.00 to about $23.24. This reflects updated views on fair value, discount rate, revenue growth, profit margins, and future P/E expectations.
Narrative-Update • Feb 02

T: Network Partnerships And Buybacks Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for AT&T from about US$29.48 to roughly US$29.33 per share, citing small adjustments to revenue growth, profit margin assumptions and the expected future P/E multiple. What's in the News Completed share repurchase of 160,127,368 shares, about 2.24% of outstanding stock, for US$4.3b under the buyback announced on December 3, 2024.
Narrative-Update • Jan 19

T: Future 5G Expansion And Fiber Services Will Support Upside Potential

Analysts now estimate AT&T's fair value at about US$29.48, down from roughly US$30.99, citing updated assumptions around discount rates, slightly different revenue growth expectations, modestly adjusted profit margin forecasts, and a lower future P/E estimate. What's in the News Acer filed a patent infringement lawsuit against AT&T in the U.S. District Court for the Eastern District of Texas, seeking compensation related to six U.S. patents after licensing talks did not produce an agreement (Lawsuits & Legal Issues).
Narrative-Update • Jan 05

T: Future Returns Will Reflect 5G Expansion Benefits And Margin Resilience

Analysts trimmed their price target on AT&T to US$26.00 from about US$26.14, citing updated assumptions for a slightly higher discount rate, modestly stronger revenue growth and profit margins, and a lower future P/E multiple. What's in the News Servify is partnering with AT&T to offer AT&T Business Protect Enterprise Plans, adding tiered device protection, an enterprise portal, AI-supported claims and access to more than 2,000 repair locations for mid to large business customers.
Narrative-Update • Dec 14

T: Future Returns Seen Balancing 5G Expansion Progress And Margin Pressures

Narrative Update on AT&T Analysts have raised their price target for AT&T by about 2 dollars, reflecting higher expected revenue growth and a richer future valuation multiple, partially offset by a slightly lower projected profit margin and a higher discount rate. What's in the News AT&T reaffirmed 2025 guidance, targeting low single digit consolidated service revenue growth, at least 3% mobility service revenue growth, and mid to high teens consumer fiber broadband revenue growth, and maintained similar low single digit service growth expectations for 2026 to 2027 (Corporate guidance).
Narrative-Update • Oct 21

Analysts Lift AT&T Price Target as Profit Margins and Revenue Outlook Improve Amid Key Partnerships

Analysts have raised their price target for AT&T from $30.62 to $30.99, citing improved profit margins and a slightly stronger outlook for revenue growth. What's in the News AT&T, in partnership with Boldyn Networks, launched new cellular connectivity in New York City's historic Joralemon Street tunnel.
Seeking Alpha • Apr 25

AT&T: 8% Earnings Yield, Safe Dividend, Broadband Growth

Summary AT&T reported Q1 earnings that fell short of EPS expectations, while revenues beat the consensus estimate by a good margin. AT&T added 261k new broadband subscribers in Q1'25 and generated $3.1B in free cash flow, covering its $2.0B dividend. Broadband ARPU is growing. I maintain a strong buy rating due to AT&T's value proposition driven by free cash flow-backed dividends and accelerating debt repayments. Shares are trading at an 8% earnings yield, and the dividend should be sustainable, with an estimated forward dividend coverage ratio of ~200%. Despite risks, AT&T's consistent subscriber growth, debt reduction, and strong dividend coverage make it an attractive investment for income-focused investors. Read the full article on Seeking Alpha
Seeking Alpha • Apr 19

AT&T: Don't Get FOMO At Peak Valuation

Summary AT&T stock has shown a massive bullish run in the past few quarters, which is a big change from the earlier negative sentiment towards the stock. In YTD, AT&T has seen an over 18% jump compared to a 10% dip in the S&P 500 and a big decline in many Mag 7 stocks. The convergence of fiber and wireless is a positive factor for the company and the management has also mentioned a $20 billion share buyback capacity, which can deliver better EPS. The current tariff situation might lead to investors giving greater preference to the stability of AT&T compared to other growth stocks, but the stock is already quite pricey. The company is expected to show barely 1%-2% of revenue growth in the next few years, and any economic slowdown or recession could still have a big negative impact on the stock. Read the full article on Seeking Alpha
Neues Narrative • Apr 08

5G And AI Integration Will Strengthen US Communications Infrastructure

Focus on expanding 5G and fiber networks aims to drive growth and enhance earnings, with cost savings improving margins and profitability.
Seeking Alpha • Mar 07

AT&T: Dividend Doesn't Lie And Says Hold

Summary Since my last writing, AT&T's dividend yield has decreased to 4.24%, among the lowest levels in at least 5 years. In the meantime, its latest dividend declaration kept showing stagnating dividend growth. I don’t see the dividend growth to resume anytime soon given its CAPEX obligations, debt obligations, and margin pressure ahead. I expect a noticeable contraction of net margin pressure due to macroeconomic headwinds and higher churn rates. Given these new developments, I have adjusted my rating on T stock from BUY to HOLD. Read the full article on Seeking Alpha
Seeking Alpha • Feb 27

AT&T: This Could Be A Top To Avoid

Summary AT&T investors are likely feeling exuberant right now, as the stock saw a 70% gain over the past year, likely stunning even the most optimistic bulls. The company’s focused execution, including shedding DirecTV and peak CapEx investments this year, should improve cash flow and debt metrics, benefiting shareholders. AT&T’s convergence strategy and partnerships are bolstering its bullish momentum, but questions remain about whether they have already been priced in. AT&T stock's valuation is much less attractive now, though it hasn't gone over the cliff yet. However, it's wise to take a step back, as this train could derail. Read the full article on Seeking Alpha
Seeking Alpha • Feb 10

AT&T: Operational Excellence; Dividend Increase Could Happen

Summary AT&T has shown operational excellence and continued momentum into 2025 with no signs of a reversal in the trend. AT&T is successfully paying down debt, increasing adjusted EBITDA, and returning capital back to the shareholders at a significant magnitude. Stronger operations, a healthier balance sheet, and willingness for shareholder returns by the management team could translate to a return of dividend payout increases in the near future. Read the full article on Seeking Alpha

Gewinn- und Umsatzwachstumsprognosen

NYSE:T - Zukünftige Analystenschätzungen und Finanzdaten der Vergangenheit (USD Millions)
DatumUmsatzGewinneFreier CashflowBargeld aus operativen TätigkeitenDurchschn. Anz. Analysten
12/31/2028134,93618,21021,42943,82915
12/31/2027131,96916,85219,26942,62122
12/31/2026129,26916,12518,12141,54922
6/30/2026127,23921,48017,65439,899N/A
3/31/2026126,52821,32517,35038,792N/A
12/31/2025125,64821,88919,44240,284N/A
9/30/2025124,48022,16819,95640,860N/A
6/30/2025123,98412,66419,62440,943N/A
3/31/2025122,93411,74619,49140,273N/A
12/31/2024122,33610,74618,50838,771N/A
9/30/2024122,0608,85020,23238,253N/A
6/30/2024122,19712,52020,98838,354N/A
3/31/2024122,31713,41121,90739,183N/A
12/31/2023122,42814,19220,46138,314N/A
9/30/2023121,749-10,81619,76837,249N/A
6/30/2023121,442-8,33618,22936,984N/A
3/31/2023121,168-8,45413,57632,969N/A
12/31/2022120,741-7,88312,39732,023N/A
9/30/2022120,49319,79414,07432,965N/A
6/30/2022121,77618,48415,32032,760N/A
3/31/2022127,87319,77421,68337,763N/A
12/31/2021134,03822,17126,41341,958N/A
9/30/2021148,6343,42926,34240,785N/A
6/30/2021159,6481,57729,21843,042N/A
3/31/2021164,858-2,80329,44944,191N/A
12/31/2020143,050-3,07028,43943,129N/A
9/30/2020172,89010,96027,91644,991N/A
6/30/2020175,13811,89825,84444,257N/A
3/31/2020179,14514,382N/A46,482N/A
12/31/2019181,19313,900N/A48,668N/A
9/30/2019182,36516,367N/A48,805N/A
6/30/2019183,51617,385N/A49,762N/A
3/31/2019177,54518,804N/A45,707N/A
12/31/2018170,75619,370N/A43,602N/A
9/30/2018164,43933,549N/A41,059N/A
6/30/2018158,36831,860N/A39,516N/A
3/31/2018159,21930,643N/A37,992N/A
12/31/2017160,54629,450N/A38,010N/A
9/30/2017160,71112,850N/A38,615N/A
6/30/2017161,93313,149N/A38,807N/A
3/31/2017162,61612,642N/A40,409N/A
12/31/2016163,78612,976N/A38,442N/A
9/30/2016164,06414,545N/A38,387N/A
6/30/2016162,26514,211N/A38,189N/A
3/31/2016154,76013,885N/A37,042N/A
12/31/2015146,80113,345N/A35,880N/A
9/30/2015139,1215,340N/A32,440N/A

Analystenprognosen zum zukünftigen Wachstum

Einkommen vs. Sparrate: TFür die nächsten 3 Jahre wird ein Rückgang der Gewinne prognostiziert (-1.2% pro Jahr).

Ertrag vs. Markt: TFür die nächsten 3 Jahre wird ein Rückgang der Gewinne prognostiziert (-1.2% pro Jahr).

Hohe Wachstumserträge: TFür die nächsten 3 Jahre wird mit einem Rückgang der Erträge gerechnet.

Einnahmen vs. Markt: TDie Einnahmen des Unternehmens (2.6% pro Jahr) werden voraussichtlich langsamer wachsen als der Markt US (13.5% pro Jahr).

Hohe Wachstumseinnahmen: TDie Einnahmen des Unternehmens (2.6% pro Jahr) werden voraussichtlich langsamer wachsen als 20% pro Jahr.

Wachstumsprognosen für den Gewinn je Aktie

Künftige Eigenkapitalrendite

Künftige Eigenkapitalrendite: TDie Eigenkapitalrendite des Unternehmens wird in 3 Jahren voraussichtlich niedrig sein (15.9%).

Wachstumsunternehmen entdecken

7D

1Y

7D

1Y

7D

1Y

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/09/10 23:46
Aktienkurs zum Tagesende2026/09/10 00:00
Gewinne2026/06/30
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Details zum Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite; außerdem bieten wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf Youtube an.

Erfahren Sie mehr über das , das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

AT&T Inc. wird von 52 Analysten beobachtet. 22 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Andrew Charles BealeArete Research Services LLP
Joseph BonnerArgus Research Company
William PowerBaird