AT&T (T) Stock Forecast & Price Target

Q: What analysts cover AT&T?

AT&T has been rated by research analysts at Arete Research , BNP Paribas Exane , Citigroup , KeyCorp , Morgan Stanley , Oppenheimer , Royal Bank Of Canada , Scotiabank , and Weiss Ratings in the past 90 days.

$22.65 -0.90 (-3.83%)

As of 12:56 PM Eastern

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AT&T - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 21 Analyst Ratings

Sell
0

Hold
8

Buy
13

Based on 21 Wall Street analysts who have issued ratings for AT&T in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 8 have given a hold rating, 12 have given a buy rating, and 1 has given a strong buy rating for T.

Consensus Price Target

$30.55
34.89% Upside

According to the 21 analysts' twelve-month price targets for AT&T, the average price target is $30.55. The highest price target for T is $36.00, while the lowest price target for T is $26.00. The average price target represents a forecasted upside of 34.89% from the current price of $22.65.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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T Analyst Ratings Over Time

Type	Current Forecast 6/4/25 to 6/4/26	1 Month Ago 5/5/25 to 5/5/26	3 Months Ago 3/6/25 to 3/6/26	1 Year Ago 6/4/24 to 6/4/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	12 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)	17 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$30.55	$30.55	$29.93	$28.71
Forecasted Upside	34.89% Upside	17.85% Upside	4.48% Upside	4.76% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

T Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

T Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

AT&T Stock vs. The Competition

Type	AT&T	Computer and Technology Companies	Broader Market
Consensus Rating Score	2.67	2.29	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	29.70% Upside	148.27% Upside	15.81% Upside
News Sentiment Rating	Positive News See Recent T News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
6/3/2026	Oppenheimer 3 of 5 stars	Timothy Horan 2 of 5 stars	Downgrade	Outperform ➝ Market Perform
5/29/2026	Weiss Ratings Not Rated		Downgrade	Buy (B) ➝ Buy (B-)
5/20/2026	Royal Bank Of Canada 3 of 5 stars	Jonathan Atkin Not Rated	Reiterated Rating	Outperform	$31.00	+24.47%
4/23/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sam McHugh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$28.00 ➝ $26.00	-2.42%
4/23/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Maher Yaghi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Perform	$31.50 ➝ $31.00	+17.45%
4/16/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Overweight	$30.00	+15.14%
3/25/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brandon Nispel Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$30.00 ➝ $36.00	+24.58%
3/23/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Rollins Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$29.00 ➝ $31.50	+10.00%
3/10/2026	Arete Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$28.00	+1.68%
1/29/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Hodulik Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
Get the Latest News and Ratings for T and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for AT&T and its competitors with MarketBeat's FREE daily newsletter.
1/29/2026	Williams Trading Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregory Williams Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$32.00	+28.28%
1/29/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregory Williams Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold
1/29/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bryan Kraft Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$33.00	+31.92%
1/26/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Eric Luebchow Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$29.00 ➝ $27.00	+14.63%
1/16/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Laurent Yoon Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$31.00 ➝ $30.00	+26.64%
1/13/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kannan Venkateshwar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$28.00 ➝ $26.00	+9.54%
12/19/2025	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$29.00	+19.64%
12/19/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Ng Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$33.00 ➝ $29.00	+19.76%
12/15/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Supino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
9/18/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Frank Louthan IV Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Strong-Buy	$31.00 ➝ $33.00	+12.42%
7/24/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sebastiano Petti Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$31.00 ➝ $33.00	+17.87%
7/24/2025	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold	$30.00	+7.03%
7/7/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Funk Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$32.00	+12.97%
4/29/2025	Tigress Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ivan Feinseth Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$32.00 ➝ $34.00	+24.02%
4/24/2025	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregory Williams Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$29.00 ➝ $30.00	+8.24%
4/24/2025	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vijay Jayant Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	In-Line	$25.00 ➝ $27.00	-2.25%
1/29/2025	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$27.00	+10.54%
1/16/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Bonner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$27.00 ➝ $27.00	+23.29%
12/3/2024	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jonathan Chaplin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy
9/16/2024	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	S. Malcolm Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong Sell
8/15/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Neutral	$17.00 ➝ $18.00	-5.26%
7/26/2024	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	S. Tudor Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:57 PM ET.

Should I Buy AT&T Stock? T Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 1, 2026. Please send any questions or comments about these AT&T pros and cons to contact@marketbeat.com.

AT&T
Bull Case

Here are some ways that investors could benefit from investing in AT&T Inc.:

AT&T Inc. recently reported earnings per share (EPS) of $0.57, exceeding expectations, which indicates strong financial performance and potential for growth.
The company has a solid revenue stream, with a reported revenue of $31.51 billion, showing a year-over-year increase, suggesting resilience in its business model.
AT&T Inc. has a current stock price around $30.55, which is close to the consensus target price, indicating that it may be fairly valued in the market.
The company offers a quarterly dividend of $0.2775, translating to an annualized dividend yield of 4.4%, providing a steady income stream for investors.
Analysts have a generally positive outlook on AT&T Inc., with a consensus rating of "Moderate Buy," reflecting confidence in its future performance.

AT&T
Bear Case

Investors should be bearish about investing in AT&T Inc. for these reasons:

Despite recent earnings growth, AT&T Inc. has a relatively high dividend payout ratio of 37.25%, which may limit its ability to reinvest in growth opportunities.
The stock has faced price reductions from analysts, with Wells Fargo lowering its target price from $29.00 to $27.00, indicating potential concerns about future performance.
AT&T Inc. operates in a highly competitive telecommunications market, which could pressure margins and impact profitability.
There are indications of market volatility, which could affect stock performance and investor sentiment negatively.
While the company has a diverse product portfolio, reliance on traditional telecommunications services may pose risks as the industry evolves towards more digital solutions.

T Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for AT&T is $30.55, with a high forecast of $36.00 and a low forecast of $26.00.

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AT&T in the last year. There are currently 8 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" T shares.

According to analysts, AT&T's stock has a predicted upside of 34.89% based on their 12-month stock forecasts.

Over the previous 90 days, AT&T's stock had 2 downgrades and 1 upgrade by analysts.

AT&T has been rated by research analysts at Arete Research, BNP Paribas Exane, Citigroup, KeyCorp, Morgan Stanley, Oppenheimer, Royal Bank Of Canada, Scotiabank, and Weiss Ratings in the past 90 days.

Analysts like AT&T more than other "computer and technology" companies. The consensus rating for AT&T is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how T compares to other companies.

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This page (NYSE:T) was last updated on 6/4/2026 by MarketBeat.com Staff.

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AT&T (T) Stock Forecast & Price Target