AT&T
About: The wireless business contributes about two thirds of AT&T's revenue. The firm is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access, serving 14 million customers. AT&T also has a sizable presence in Mexico, with 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
Employees: 160,700
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
228% more first-time investments, than exits
New positions opened: 364 | Existing positions closed: 111
24% more call options, than puts
Call options by funds: $1.11B | Put options by funds: $893M
22% more funds holding in top 10
Funds holding in top 10: 50 [Q3] → 61 (+11) [Q4]
11% more capital invested
Capital invested by funds: $94.2B [Q3] → $104B (+$9.9B) [Q4]
8% more funds holding
Funds holding: 2,410 [Q3] → 2,607 (+197) [Q4]
2.86% more ownership
Funds ownership: 59.79% [Q3] → 62.65% (+2.86%) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 1,009 | Existing positions reduced: 994
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Scotiabank Maher Yaghi 65% 1-year accuracy 13 / 20 met price target | 7%upside $29 | Sector Outperform Maintained | 8 Apr 2025 |
Oppenheimer Timothy Horan 50% 1-year accuracy 9 / 18 met price target | 18%upside $32 | Outperform Maintained | 1 Apr 2025 |
Citigroup Michael Rollins 58% 1-year accuracy 15 / 26 met price target | 18%upside $32 | Buy Maintained | 31 Mar 2025 |
RBC Capital Jonathan Atkin 65% 1-year accuracy 13 / 20 met price target | 3%upside $28 | Outperform Maintained | 19 Mar 2025 |
Tigress Financial Ivan Feinseth 45% 1-year accuracy 30 / 66 met price target | 18%upside $32 | Buy Maintained | 4 Feb 2025 |
Financial journalist opinion
Based on 59 articles about T published over the past 30 days
