AT&T, Inc.

AT&T, Inc.

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Market Cap$179.83B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
AT&T, Inc.AT&T, Inc.7.74.77%17%1.31.3

Earnings Call Q2 2026

July 22, 2026 - AI Summary

Performance acceleration & key KPIs beat (Q2 momentum): - Total revenues +2.3% YoY; service revenue +2.7% YoY. - Adjusted EBITDA +5.2% YoY; EBITDA margin +110 bps to 39.1% (highest since AT&T refocused on Advanced Connectivity). - Adjusted EPS $0.65, +20%+ YoY (from $0.54), helped by lower depreciation. - Biggest driver: Advanced Connectivity (over 90% of service revenue and nearly all adjusted EBITDA) with service revenue +5.1% YoY, EBITDA +8% YoY; segment growth accelerated 150 bps vs Q1.
Fiber/Fixed Wireless growth strength; convergence rising—especially in Lumen footprint: - Added 1M+ fiber locations in Q2 (accelerated deployment; also implies higher capex). - AT&T Fiber second-quarter net adds: best ever; record quarter for combined fiber + fixed wireless net adds. - Convergence improved: 42.5% of advanced home internet customers also had postpaid wireless (rising to 45% ex-Lumen acquired footprint). - Lumen integration traction: June converged gross adds up 45% vs February as branding/support/ops convert “market-by-market,” with more “gas on the fire” expected once integration nears completion.
Guidance/outlook (full year) and capital return plans (including buyback “pull-forward”): - Full-year expectations remain: - Consolidated service revenue: low single-digit growth. - Adjusted EBITDA: 3%–4% growth. - Adjusted EPS: $2.25–$2.35. - Capex/FCF: Q2 capex $6.1B (vs $5.1B prior year); Q2 FCF $4.7B (about +$300M YoY) above the top end of guidance ($4.0B–$4.5B). - FCF outlook: still expecting $18B+ for the year. - Share repurchases increased: now targeting ~$10B buybacks in 2026 (up from ~$8B), described as pulling forward planned buybacks through 2028 by up to 25%.

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$25.52

Target Price by Analysts

9.2% upsideAT&T Target Price DetailsTarget Price
$47.94

Current Fair Value

105% upside

Undervalued by 105% based on the discounted cash flow analysis.

Share Statistics

Market cap$179.83 Billion
Enterprise Value$329.22 Billion
Dividend Yield$1.11 (4.77%)
Earnings per Share$3.04
Beta0.42
Outstanding Shares6,938,000,000

Return

Return on Equity17.00%ROE
Return on Assets5.02%
Return on Invested Capital7.64%

Valuation & Multiples

P/E Ratio7.68P/E Ratio
PEG379.74PEG
Price to Sales1.3Price to Sales
Price to Book Ratio1.3Price to Book Ratio
Enterprise Value to Revenue2.59
Enterprise Value to EBIT11.5
Enterprise Value to Net Income15
Total Debt to Enterprise0.51
Debt to Equity1.32Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 22, 2026
EPS Estimate
$0.59
Average shareholder expectation
Revenue Estimate
$31.80 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$0.62
Average shareholder expectation
Revenue Estimate
$31.69 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.3084▲ 89.45%
Total Calls22,700▼ 99.97%
Total Puts29,700▼ 99.92%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.49%▼ 62.40%
Total Invested$5.06B▼ 96.21%
Investors Holding1,285▼ 1771.00%

ESG Score

No data

About AT&T, Inc.

2,020 employees
CEO: John Stankey

AT&T Inc. is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobi...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation. Its influence on corporate tax structures, capital expenditure rules, and the overall tax burden is critical, directly affecting AT&T's financial planning and bottom line.

Finance

The Finance Committee controls taxation, trade, and entitlement spending. Its decisions on corporate tax policy, capital investment credits, and international trade agreements directly impact AT&T's profitability, investment strategies, and global competitiveness.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine funding for government programs, infrastructure projects, and IT initiatives, which can represent significant revenue streams for AT&T through federal contracts.

Judiciary

The Judiciary Committee oversees antitrust laws and intellectual property, both highly relevant to a diversified giant like AT&T. Its decisions on mergers and acquisitions (M&A) and enforcement against monopolistic practices (e.g., past media consolidation efforts) can directly impact AT&T's corporate strategy and market structure.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce and directly oversees the FCC and FTC, which are primary regulators of the telecommunications and media industries. Issues like net neutrality, privacy laws, and competition directly and profoundly impact AT&T's operations and profitability.