AT&T stock holds at USD 24.30 as analysts lift targets

Published on 10/03/2026 at 22:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AT&T stock carries a USD 29.20 consensus target on September 25, 2026. Second-quarter adjusted EPS reached USD 0.65 while revenue rose 2.3 percent year over year.

Aquarellbild einer Großstadtsilhouette mit Telekommunikationstürmen im pastellfarbenen Abendhimmel — AT&T Inc. Stadtpanorama mit Sendemasten als Aquarell gemalt für Aktie US00206R1023 Telekommunikationssektor, Illustration mit AI erstellt.

AT&T stock (ISIN US00206R1023) was last at USD 24.30 on the NYSE on October 2, 2026 at 3:59 p.m. ET, with a daily gain of 0.02 percent. The latest analyst moves point to a wider target range, while AT&T's second-quarter execution provides the operating backdrop.

Analysts raise selected targets

According to MarketBeat on September 21, 2026, BNP Paribas Exane upgraded AT&T from Neutral to Outperform and raised its price target from USD 26 to USD 30. That target is USD 5.70 above the October 2 price, or 23.5 percent higher.

Yahoo Finance reported on September 25, 2026, that Morgan Stanley lifted its target from USD 27 to USD 28 while maintaining an Overweight rating. MarketBeat separately listed a USD 29.20 average target from 18 research firms on September 25, 2026.

Q2 revenue grows 2.3 percent

AT&T's prepared remarks for Q2 2026 show total revenue of USD 31.6 billion, up 2.3 percent year over year. Adjusted EBITDA rose 5.2 percent, the adjusted EBITDA margin reached 39.1 percent after increasing 110 basis points, and adjusted EPS advanced from USD 0.54 to USD 0.65.

The same Q2 2026 update kept full-year adjusted EPS guidance at USD 2.25 to USD 2.35 and projected adjusted EBITDA growth of 3 percent to 4 percent. The comparison matters because earnings per share grew faster than revenue, while the margin expansion indicates operating leverage in the connectivity business.

October 21 brings the next test

AT&T's investor-relations calendar lists the third-quarter 2026 earnings call for October 21, 2026, according to AT&T. The next report will show whether the company can extend the Q2 combination of 2.3 percent revenue growth, 5.2 percent adjusted EBITDA growth and higher adjusted EPS.

AT&T stock remains below its yearly high

AT&T stock was last at USD 24.30 on the NYSE on October 2, 2026 at 3:59 p.m. ET. Its 52-week range was USD 19.89 to USD 29.44, while market capitalization stood at USD 166.5 billion and volume reached 24,458,196 shares.