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 filings by fund managers ($100M+ AUM)
218% more first-time investments, than exits
New positions opened: 356 | Existing positions closed: 112
24% more call options, than puts
Call options by funds: $1.11B | Put options by funds: $893M
20% more funds holding in top 10
Funds holding in top 10: 50 [Q3] → 60 (+10) [Q4]
10% more capital invested
Capital invested by funds: $95.4B [Q3] → $105B (+$9.5B) [Q4]
8% more funds holding
Funds holding: 2,411 [Q3] → 2,597 (+186) [Q4]
2.47% more ownership
Funds ownership: 60.27% [Q3] → 62.73% (+2.47%) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 1,009 | Existing positions reduced: 993
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Jonathan Atkin 70% 1-year accuracy 14 / 20 met price target | 1%downside $28 | Outperform Maintained | 19 Mar 2025 |
Scotiabank Maher Yaghi 53% 1-year accuracy 10 / 19 met price target | 1%upside $29 | Sector Outperform Maintained | 3 Mar 2025 |
Tigress Financial Ivan Feinseth 60% 1-year accuracy 42 / 70 met price target | 14%upside $32 | Buy Maintained | 4 Feb 2025 |
Bernstein Laurent Yoon 67% 1-year accuracy 2 / 3 met price target | 3%upside $29 | Outperform Maintained | 28 Jan 2025 |
Argus Research Joseph Bonner 71% 1-year accuracy 10 / 14 met price target | 4%downside $27 | Buy Upgraded | 16 Jan 2025 |
Financial journalist opinion
Based on 52 articles about T published over the past 30 days
