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25.40 USD
P/E
8.76
EPS
3.05
Yield
4.37%
Safety Score
88
P/B
1.66
ROE
18.34
Beta
0.43
Target Price
28.71 USD
AT&T Inc. logo

AT&T Inc.

🧾 Earnings Recap – Q2 2026

AT&T's stock rallied 3.1% post-earnings, driven by better-than-expected subscriber growth and margin expansion amid ongoing fiber and 5G investments.

  • Added over 1 million Advanced Connectivity subscribers, with fiber, fixed wireless, and postpaid phones all showing year-over-year net additions.
  • Achieved the best-ever second quarter for AT&T Fiber net adds, including record combined fiber and fixed wireless growth.
  • Consolidated adjusted EBITDA margin hit its highest level since refocusing on Advanced Connectivity, reflecting improved operating leverage and cost initiatives.
  • Advanced Connectivity business service revenues grew year-over-year, supported by fiber and 5G repositioning and a balanced distribution model.
  • Integration of the Lumen footprint accelerated fiber rollout and converged customer growth, with June gross adds in those areas up 45% since February.
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Key Metrics
Earnings dateOct. 21, 2026
P/E8.76
EPS3.05
Book Value16.06
Price to Book1.66
Debt/Equity129.05
% Insiders0.091%
Growth
Revenue Growth0.02%
Earnings Growth0.06%
Estimates
Forward P/E10.42
Forward EPS2.56
Target Mean Price28.71
Dividend
Dividend Yield4.37%
Annual dividends1.11 USD
Ex-Div. DateJuly 10, 2026
Payout37.30%
5y avg Yield6.94%

DCF Valuation

Tweak assumptions to recompute fair value for AT&T Inc. (T)
Currency: USD
DCF Assumptions
Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
Decimal (e.g., 0.20 = 20%).
Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

AT&T Inc. Logo AT&T Inc. Analysis (T)

United States Communication Services Official Website Stock

Is AT&T Inc. a good investment? AT&T Inc. (T) is currently trading at 25.40 USD. Market analysts have a consensus price target of 28.71 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 8.76. This relatively low multiple may signal that AT&T Inc. is undervalued compared to historical market norms.

Earnings Schedule: AT&T Inc. is expected to release its next earnings report on Oct. 21, 2026. The market consensus estimate for Forward EPS is 2.56.

For income investors, AT&T Inc. pays a dividend yield of 4.37%. With a payout ratio of 37%, the dividend appears sustainable.

Investor FAQ

Does AT&T Inc. pay a dividend?

Yes, it pays an annual dividend of 1.11 USD (4.37% yield).

What asset class is AT&T Inc.?

AT&T Inc. is classified as a Stock. You can compare it against 9 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Oct. 21, 2026. The company currently has a trailing EPS of 3.05.

Company Profile

AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. It also provides AT&T Dedicated Internet, fiber ethernet and broadband, fixed wireless, and hosted and managed professional services; and copper-based voice and data, Virtual Private Networks (VPN), wholesale, outsourcing, and IP, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections, legacy telephony voice communication services, and other VoIP services and equipment to residential customers. This segment markets its communications services and products under the AT&T, AT&T Business, Cricket, AT&T PREPAID, AT&T Fiber, and AT&T Internet Air brand names. Its Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.

Exchange Ticker
NYQ (United States) T
MEX (Mexico) T.MX
GER (Germany) SOBA.DE
SAO (Brazil) ATTB34.SA
BUE (Argentina) T.BA
SGO (Chile) T.SN
TLO (Poland) T.TI
FRA (Germany) SOBA.F
VIE (Austria) ATT.VI
Trades
Dividend Yield
4.37%
5y avg 6.94%
Annual Dividends
1.11USD
Next Ex. Div Date
July 10, 2026
Payout Ratio
37.30%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.74 USD
Aug. 2, 2027 (estimated) 0.2457
May 3, 2027 (estimated) 0.2457
Feb. 1, 2027 (estimated) 0.2457
2026
1.08 USD
Nov. 2, 2026 (estimated) 0.2457
Aug. 3, 2026 0.2780
May 1, 2026 0.2780
Feb. 2, 2026 0.2780
2025
1.11 USD
Nov. 3, 2025 0.2780
Aug. 1, 2025 0.2780
May 1, 2025 0.2780
Feb. 3, 2025 0.2780
2024
1.11 USD
Nov. 1, 2024 0.2780
Aug. 1, 2024 0.2780
May 1, 2024 0.2780
Feb. 1, 2024 0.2780
2023
1.11 USD
Nov. 1, 2023 0.2780
Aug. 1, 2023 0.2780
May 1, 2023 0.2780
Feb. 1, 2023 0.2780
2022
1.35 USD
Nov. 1, 2022 0.2780
Aug. 1, 2022 0.2780
May 2, 2022 0.2780
Feb. 1, 2022 0.5200
2021
2.08 USD
Nov. 1, 2021 0.5200
Aug. 2, 2021 0.5200
May 3, 2021 0.5200
Feb. 1, 2021 0.5200
2020
2.08 USD
Nov. 2, 2020 0.5200
Aug. 3, 2020 0.5200
May 1, 2020 0.5200
Feb. 3, 2020 0.5200
2019
2.04 USD
Nov. 1, 2019 0.5100
Aug. 1, 2019 0.5100
May 1, 2019 0.5100
Feb. 1, 2019 0.5100
2018
2.00 USD
Nov. 1, 2018 0.5000
Aug. 1, 2018 0.5000
May 1, 2018 0.5000
Feb. 1, 2018 0.5000
2017
1.96 USD
Nov. 1, 2017 0.4900
Aug. 1, 2017 0.4900
May 1, 2017 0.4900
Feb. 1, 2017 0.4900
2016
1.92 USD
Nov. 1, 2016 0.4800
Aug. 1, 2016 0.4800
May 2, 2016 0.4800
Feb. 1, 2016 0.4800
2015
1.88 USD
Nov. 2, 2015 0.4700
Aug. 3, 2015 0.4700
May 1, 2015 0.4700
Feb. 2, 2015 0.4700
2014
1.84 USD
Nov. 3, 2014 0.4600
Aug. 1, 2014 0.4600
May 1, 2014 0.4600
Feb. 3, 2014 0.4600
2013
1.80 USD
Nov. 1, 2013 0.4500
Aug. 1, 2013 0.4500
May 1, 2013 0.4500
Feb. 1, 2013 0.4500
2012
1.76 USD
Nov. 1, 2012 0.4400
Aug. 1, 2012 0.4400
May 1, 2012 0.4400
Feb. 1, 2012 0.4400
2011
1.72 USD
Nov. 1, 2011 0.4300
Aug. 1, 2011 0.4300
May 2, 2011 0.4300
Feb. 1, 2011 0.4300
2010
1.68 USD
Nov. 1, 2010 0.4200
Aug. 2, 2010 0.4200
May 3, 2010 0.4200
Feb. 1, 2010 0.4200
2009
1.64 USD
Nov. 2, 2009 0.4100
Aug. 3, 2009 0.4100
May 1, 2009 0.4100
Feb. 2, 2009 0.4100
2008
1.60 USD
Nov. 3, 2008 0.4000
Aug. 1, 2008 0.4000
May 1, 2008 0.4000
Feb. 1, 2008 0.4000
2007
1.42 USD
Nov. 1, 2007 0.3550
Aug. 1, 2007 0.3550
May 1, 2007 0.3550
Feb. 1, 2007 0.3550
2006
1.33 USD
Nov. 1, 2006 0.3325
Aug. 1, 2006 0.3325
May 1, 2006 0.3325
Feb. 1, 2006 0.3325
2005
1.29 USD
Nov. 1, 2005 0.3225
Aug. 1, 2005 0.3225
May 2, 2005 0.3225
Feb. 1, 2005 0.3225
2004
1.25 USD
Nov. 1, 2004 0.3125
Aug. 2, 2004 0.3125
May 3, 2004 0.3125
Feb. 2, 2004 0.3125
2003
1.32 USD
Nov. 3, 2003 0.3825
Aug. 1, 2003 0.3825
May 1, 2003 0.2825
Feb. 3, 2003 0.2700
2002
1.07 USD
Nov. 1, 2002 0.2700
Aug. 1, 2002 0.2700
May 1, 2002 0.2700
Feb. 1, 2002 0.2563
2001
1.02 USD
Nov. 1, 2001 0.2563
Aug. 1, 2001 0.2563
May 1, 2001 0.2563
Feb. 1, 2001 0.2538
2000
1.01 USD
Nov. 1, 2000 0.2538
Aug. 1, 2000 0.2538
May 1, 2000 0.2538
Feb. 1, 2000 0.2438
1999
0.97 USD
Nov. 1, 1999 0.2438
Aug. 2, 1999 0.2438
May 3, 1999 0.2438
Feb. 1, 1999 0.2338
1998
1.15 USD
Nov. 2, 1998 0.2338
Aug. 3, 1998 0.2338
May 1, 1998 0.2338
Feb. 2, 1998 0.4475
1997
1.77 USD
Nov. 3, 1997 0.4475
Aug. 1, 1997 0.4475
May 1, 1997 0.4475
Feb. 3, 1997 0.4300
1996
1.70 USD
Nov. 1, 1996 0.4300
Aug. 1, 1996 0.4300
May 1, 1996 0.4300
Feb. 1, 1996 0.4125
1995
1.63 USD
Nov. 1, 1995 0.4125
Aug. 1, 1995 0.4125
May 1, 1995 0.4125
Feb. 1, 1995 0.3950
1994
1.56 USD
Nov. 1, 1994 0.3950
Aug. 1, 1994 0.3950
May 2, 1994 0.3950
Feb. 1, 1994 0.3775
1993
2.24 USD
Nov. 1, 1993 0.3775
Aug. 2, 1993 0.3775
May 3, 1993 0.7550
Feb. 1, 1993 0.7300
1992
2.90 USD
Nov. 2, 1992 0.7300
Aug. 3, 1992 0.7300
May 1, 1992 0.7300
Feb. 3, 1992 0.7100
1991
2.82 USD
Nov. 1, 1991 0.7100
Aug. 1, 1991 0.7100
May 1, 1991 0.7100
Feb. 1, 1991 0.6900
1990
2.72 USD
Nov. 1, 1990 0.6900
Aug. 1, 1990 0.6900
May 1, 1990 0.6900
Feb. 1, 1990 0.6500
1989
2.99 USD
Nov. 1, 1989 0.6500
Aug. 1, 1989 0.8606
May 1, 1989 0.8606
Feb. 1, 1989 0.6200
1988
2.84 USD
Nov. 1, 1988 0.8209
Aug. 1, 1988 0.8209
May 2, 1988 0.6200
Feb. 1, 1988 0.5800
1987
5.96 USD
Nov. 1, 1987 0.7679
Aug. 1, 1987 0.7679
May 1, 1987 2.3038
Feb. 1, 1987 2.1184
1986
8.34 USD
Nov. 1, 1986 2.1184
Aug. 1, 1986 2.1184
May 1, 1986 2.1184
Feb. 1, 1986 1.9860
1985
7.81 USD
Nov. 1, 1985 1.9860
Aug. 1, 1985 1.9860
May 1, 1985 1.9860
Feb. 1, 1985 1.8536
1984
5.56 USD
Nov. 1, 1984 1.8536
Aug. 1, 1984 1.8536
May 1, 1984 1.8536
Upcoming Dividends
Name Payment Date Status Amount
AT&T Inc. Aug 03, 2026 0.278 USD
AT&T Inc. May 01, 2026 0.278 USD
AT&T Inc. Feb 02, 2026 0.278 USD
AT&T Inc. Nov 03, 2025 0.278 USD
Stock Splits
Split Date Split Ratio to 1
May 26, 1987 3:1
May 26, 1993 2:1
March 20, 1998 2:1
April 11, 2022 1.324
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