AT&T stock enters October with a fresh USD 30.00 target
Published on 09/30/2026 at 15:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AT&T Inc. (ISIN US00206R1023) was trading at EUR 21.61 at Lang & Schwarz on September 30, 2026 at 3:04 p.m. CEST, down 0.14 percent versus the prior close of EUR 21.64. The latest analyst moves and second-quarter figures now frame the next checkpoint for the telecom group.
Analysts lift their targets
Yahoo Finance reported that BNP Paribas Exane upgraded AT&T from Neutral to Outperform on September 21, 2026 and raised its price target from USD 26.00 to USD 30.00. The move puts the new target USD 4.62 above the Lang & Schwarz euro quote, but the currencies and venues are different and are not combined into one return calculation.
Yahoo Finance also reported on September 25, 2026 that Morgan Stanley raised its target from USD 27.00 to USD 28.00 while maintaining an Overweight rating. The two revisions leave the analyst debate centered on whether fiber and wireless convergence can offset the decline of older copper operations.
Revenue grows while copper contracts
AT&T generated USD 31.6 billion of revenue in Q2 2026, an increase of 2.3 percent from the same quarter a year earlier, according to Financial Report Insights. Operating income rose 8.3 percent to USD 7.038 billion, while adjusted EPS increased to USD 0.65 from USD 0.54.
The operating split is sharper than the headline revenue growth. Advanced Connectivity revenue rose 4.1 percent and operating income climbed 20.3 percent, while the Legacy segment's revenue fell 25.9 percent and its operating income dropped 45.5 percent in Q2 2026. Fiber net adds reached 367,000, up 36.4 percent from 269,000 a year earlier.
October results set the next test
AT&T reiterated 2026 adjusted EPS guidance of USD 2.25 to USD 2.35 and expects adjusted EBITDA growth of 3 percent to 4 percent, according to Investing.com. The company is scheduled to release third-quarter 2026 results on October 21, 2026, according to its Investor Relations calendar.
AT&T stock trades below its prior close
AT&T stock was trading at EUR 21.61 at Lang & Schwarz on September 30, 2026 at 3:04 p.m. CEST, down 0.14 percent versus the Lang & Schwarz prior close of EUR 21.64 on September 29, 2026. The primary listing is on the NYSE, where the stock was last quoted at USD 24.49 on September 29, 2026, according to the finance snapshot.
AT&T stock facts
- Company: AT&T Inc.
- ISIN: US00206R1023
- WKN: A0HL9Z
- Ticker: T
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 30, 2026, 3:04 p.m. CEST): EUR 21.61
- Change versus prior close: minus 0.14 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 21.64
- Market capitalization: USD 167.8 billion (as of September 29, 2026)
- 52-week range: USD 19.89-29.44 (as of September 29, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: October 21, 2026
