AT&T stock: Scotiabank cuts target for AT&T stock from USD 27.50 to USD 26.50
Published on 10/19/2026 at 15:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results date
- Scotiabank reduced its AT&T target from USD 27.50 to USD 26.50 on October 9, 2026.
- The October 21, 2026 report is expected to include USD 31.69 billion in revenue.
- AT&T stock costs EUR 20.65 at Lang & Schwarz on October 19, 2026 at 3:01 p.m. CEST, minus 2.18 percent versus the Xetra close of October 16, 2026.
- AT&T had a P/E ratio of 7.78 and a market capitalization of USD 160.6 billion as of October 16, 2026.
Scotiabank cut its target for AT&T Inc. stock (ISIN US00206R1023) from USD 27.50 to USD 26.50 on October 9, 2026, according to MarketBeat. The cut leaves the target 13.12 percent above the latest NYSE price of USD 23.43 on October 16, 2026. AT&T stock was trading at EUR 20.65 at Lang & Schwarz on October 19, 2026 at 3:01 p.m. CEST, down 2.18 percent versus the Xetra close of October 16, 2026 at EUR 21.11.
October 21 results set the next marker
AT&T is expected to report third-quarter 2026 results before the New York market opens on October 21, 2026. Analysts expect revenue of USD 31.69 billion and earnings of USD 0.60 per share, according to Zolmax. The timing gives the scheduled report more immediate relevance than the older second-quarter figures.
What does the target cut mean?
The answer is visible in the distance between the analyst view and the market price. Scotiabank's USD 26.50 target remains 13.12 percent above the USD 23.43 NYSE price, while the consensus target cited by MarketBeat is USD 29.05. The same source lists 11 Buy ratings, six Hold ratings and one Sell rating, but the target revision shows that the analyst view is not uniformly higher.
Price position and valuation
The current euro quote sits inside a broad 52-week USD range of USD 19.89 to USD 29.44. AT&T's year-to-date performance was minus 5.60 percent as of October 16, 2026, while volume reached 51,298,819 shares against an average of 48,738,481, according to the finance quote. The market capitalization was USD 160.6 billion and the P/E ratio was 7.78 on the same date.
Comparison with peers
AT&T Inc. (NYSE, USD): minus 2.18 percent, P/E 7.78, market capitalization USD 160.6 billion
Verizon Communications (NYSE, USD): plus 0.88 percent, P/E 11.66, market capitalization USD 186.1 billion
T-Mobile US (Nasdaq, USD): plus 1.32 percent, P/E 16.66, market capitalization USD 170.7 billion
Trading perspective
The euro price was below the October 16 Xetra close during the regular Xetra session. For investors, the immediate markers are the October 21 results and whether the reported figures support the current range of analyst targets.
AT&T stock was trading at EUR 20.65 at Lang & Schwarz on October 19, 2026 at 3:01 p.m. CEST, minus 2.18 percent versus the Xetra close of October 16, 2026 at EUR 21.11. The further course of trading is shown by the continuously updated real-time quote of AT&T stock.
AT&T Inc. stock data
- Company: AT&T Inc.
- ISIN: US00206R1023
- Ticker: T
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 3:01 p.m. CEST): EUR 20.65
- Change versus Xetra close: minus 2.18 percent
- Xetra close (October 16, 2026): EUR 21.11
- Market capitalization: USD 160.6 billion (as of October 16, 2026)
- 52-week range: USD 19.89-29.44 (as of October 16, 2026)
- Sector / Industry: Communication Services / Wireless Telecommunication Services
- Index membership: S&P 500
Market context: Market report S&P 500.
