AT&T (T) Appoints Kelly Grier To Board As Scott Ford Announces Retirement

On August 15, 2025, AT&T (T) announced the election of Kelly J. Grier to its Board of Directors, marking a significant transition in its leadership team. Interestingly, this leadership transformation coincided with a recent 7% increase in the company’s share price over the past month. The broader market context showed mixed trends, with the Dow touching an all-time high but declines in tech-heavy indexes like the Nasdaq. Additionally, AT&T's positive earnings report, revealing increased revenue and net income, might have added upward pressure to the stock, contributing positively compared to the uncertain broader market trends.

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The election of Kelly J. Grier to AT&T's Board is a significant event that might add momentum to the company's strategic direction, particularly in advancing its 5G and fiber investments. While the recent 7% share price increase could reflect positive market sentiment, the longer-term performance of AT&T's shares should also be evaluated. Over a three-year period, the total return, including dividends, was 90.12%. In comparison, over the past year, AT&T has outperformed the US Telecom industry, which returned 24.8%. This gives context to its performance trajectory and highlights its recent success relative to its peers.

The potential implications of the board change on revenue and earnings forecasts could be significant. The ongoing 5G and fiber investments are expected to increase market share and improve margins by cutting costs and enhancing efficiencies. Additionally, new leadership may influence the company's strategic maneuvers, potentially further supporting these growth initiatives. As the share price currently sits at $28.92, close to consensus price targets of $30.50, this reflects moderate market optimism. However, discrepancies among analysts underscore differing expectations on the pace and success of AT&T's transformative investments.

The analysis detailed in our AT&T valuation report hints at an deflated share price compared to its estimated value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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