AT&T Inc.

BIT:1T Stock Report

Market Cap: €148.4b

AT&T Valuation

Is 1T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 1T (€21.93) is trading below our estimate of future cash flow value (€66.28)

Significantly Below Future Cash Flow Value: 1T is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1T?

Key metric: As 1T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1T. This is calculated by dividing 1T's market cap by their current earnings.
What is 1T's PE Ratio?
PE Ratio8.2x
EarningsUS$21.48b
Market CapUS$172.34b

Price to Earnings Ratio vs Peers

How does 1T's PE Ratio compare to its peers?

The above table shows the PE ratio for 1T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.7x
TIT Telecom Italia
56x27.05%€15.9b
INW Infrastrutture Wireless Italiane
17.5x4.62%€5.9b
RWAY Rai Way
13.9x4.66%€1.2b
DTE Deutsche Telekom
15.5x8.50%€133.8b
1T AT&T
8.2x-1.19%€172.3b

Price-To-Earnings vs Peers: 1T is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (25.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 1T's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1T 8.2xIndustry Avg. 15.8xNo. of Companies8PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1T is good value based on its Price-To-Earnings Ratio (8.2x) compared to the European Telecom industry average (15.9x).

Price to Earnings Ratio vs Fair Ratio

What is 1T's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ratio17.1x

Price-To-Earnings vs Fair Ratio: 1T is good value based on its Price-To-Earnings Ratio (8.2x) compared to the estimated Fair Price-To-Earnings Ratio (17.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€21.93
€24.70
+12.61%
13.02%€30.97€17.21n/a23
Sep ’27€22.51
€24.64
+9.46%
13.02%€30.90€17.17n/a23
Aug ’27€20.31
€25.07
+23.46%
13.02%€31.44€17.47n/a23
Jul ’27€18.09
€26.48
+46.41%
9.48%€31.53€21.89n/a23
Jun ’27€21.26
€26.17
+23.08%
9.71%€31.02€21.54n/a23
May ’27€22.41
€26.01
+16.07%
9.71%€30.83€21.41n/a23
Apr ’27€24.45
€26.31
+7.63%
9.11%€31.08€21.59n/a23
Mar ’27€23.55
€24.99
+6.12%
10.50%€28.89€16.99n/a23
Feb ’27€21.77
€24.73
+13.61%
10.47%€28.67€16.86n/a23
Jan ’27€21.10
€25.64
+21.53%
6.99%€28.95€22.14n/a23
Dec ’26€22.09
€26.56
+20.28%
7.22%€29.50€22.56n/a24
Nov ’26€21.57
€26.58
+23.26%
7.36%€29.50€22.56n/a23
Oct ’26€23.78
€26.13
+9.87%
9.49%€28.97€17.65n/a25
Sep ’26€24.95
€26.30
+5.42%
8.84%€29.23€18.80€22.5125
Aug ’26€24.07
€26.47
+10.01%
8.84%€29.43€18.93€20.3125
Jul ’26€24.57
€24.94
+1.50%
11.70%€28.87€15.11€18.0926
Jun ’26€24.31
€25.92
+6.61%
11.57%€30.12€15.77€21.2626
May ’26€24.26
€25.87
+6.67%
11.78%€29.99€15.70€22.4126
Apr ’26€26.35
€25.58
-2.90%
12.54%€29.66€14.36€24.4526
Mar ’26€26.09
€26.04
-0.19%
11.59%€30.85€14.94€23.5526
Feb ’26€23.08
€25.56
+10.77%
12.35%€28.81€14.88€21.7726
Jan ’26€21.83
€24.69
+13.12%
16.01%€31.15€12.46€21.1026
Dec ’25€21.95
€22.24
+1.34%
14.56%€28.40€12.30€22.0925
Nov ’25€20.64
€21.44
+3.87%
15.13%€27.62€11.97€21.5725
Oct ’25€19.79
€20.09
+1.54%
16.17%€27.10€10.84€23.7825
Sep ’25€17.87
€19.69
+10.22%
16.44%€26.56€10.99€24.9525
€24.64
Fair Value
11.0% undervalued intrinsic discount
23
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 09:15
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AT&T Inc. is covered by 52 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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