AT&T Inc. logo

AT&T Inc.(T)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
SELL
SELL for 5 days
PROFIT SINCE LAST BUY
-1.46% ▼
LAST CLOSE
$24.87
10/08/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Upturn Advisory & Investor View for T

10/08/2026: T (2-star) is a SELL. SELL for 5 days. Simulated Profits (-1.46%). Updated daily EoD!

AT&T Inc. is a major US-based telecommunications provider primarily focused on wireless mobility and fiber-based broadband services. The company is currently recognized for its focus on operational efficiency and a steady dividend, having moved away from previous media-centric strategies to concentrate on connectivity. Its primary growth story revolves around the continued expansion of its fiber footprint and 5G network utility. Key risks include intense competitive pricing pressure from rivals like T-Mobile and cable providers, as well as a high historical debt load. The stock may best suit dividend-focused investors seeking reliable income, though shareholders should monitor progress in fiber subscriber growth and debt reduction.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company operates in a mature industry with limited top-line expansion potential.
Momentum investorMixed fitThis is generally a value-oriented stock, often lacking the rapid price appreciation required for momentum strategies.
Value investorStrong fitThe stock is often viewed as a value play due to its stable cash flows and established market presence.
Dividend investorStrong fitAT&T is a classic income-focused stock providing a reliable yield for portfolio stability.
Low-risk investorMixed fitWhile established, the company's high debt load and industry competition introduce moderate risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock price is influenced by sector-wide interest rate sensitivity and competitive news.
Valuation riskLowThe stock typically trades at modest multiples, limiting the risk of severe valuation compression.
Competition risk (Connectivity competition)HighIntense rivalry with T-Mobile and cable providers pressures margins.
Business qualityMediumThe company maintains essential infrastructure but operates in a slow-growth industry.
Dividend incomeMediumWhile currently stable, capital allocation priorities could impact future payouts.
Execution riskMediumSuccessfully managing the fiber rollout and deleveraging is critical to long-term success.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 63.3%
Avg. Invested days 92
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/08/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
T receives a 4-star rating, supported by solid unit economics, solid company fundamentals, solid quantitative characteristics, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
T has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+99.9%) and strong cash generation (FCF margin 15.5%) are partially offset by moderate revenue growth (+2.7%), very low insider ownership of 0.09%.

Financial Health Rating

★★★★★
T's financial health is supported by strong cash strength, including free-cash-flow generation of $19.4B (15.5% of revenue). Liquidity is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is T's strongest growth driver at +99.9% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+2.7%, moderate) and free-cash-flow growth (+5.0%, moderate) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 68.5% and approximately 99.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.09%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 8.16%
Vanguard Capital Management, LLC 6.62%
State Street Corp 4.88%
Newport Trust Co. 2.61%
Geode Capital Management, LLC 2.58%

Unit Economics (Per $1K Revenue)

★★★★★
T generates approximately $596 of gross profit, $199 of operating income, and $155 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Solid margins and solid cash conversion support the rating, although capital efficiency remains soft.

Economic Dimensions

★★★★★
Effective Tax Rate: 13.41%

Quantitative Style Profile

★★★★★
T has a high-quality, large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 167.68B USD
Price to earnings Ratio 8.08
1Y Target Price 28.77
Price to earnings Ratio 8.08
1Y Target Price 28.77
Volume (30-day avg) 36.7M shares
Beta 0.44
52 Weeks Range 19.63 - 28.75
Updated Date 10/07/2026
52 Weeks Range 19.63 - 28.75
Updated Date 10/07/2026
Dividends yield (FY) 4.54%
Basic EPS (TTM) 3.03

How Company Makes Money

Business areaWhat it includesRetail investor read
MobilityWireless subscription services and equipment sales.The primary engine of the company's revenue and cash flow.
Consumer WirelineFiber and legacy broadband and voice services.A key growth area as fiber continues to replace legacy copper services.
Business WirelineAdvanced IP and networking services for enterprises.Provides stable, albeit slowly declining, revenue from corporate clients.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 8.08
Forward PE 9.9
Enterprise Value 318.68B
Price to Sales(TTM) 1.32
Enterprise Value 318.68B
Price to Sales(TTM) 1.32
Enterprise Value to Revenue 2.5
Enterprise Value to EBITDA 5.93
Shares Outstanding 6.85B
Shares Floating 6.84B
Shares Outstanding 6.85B
Shares Floating 6.84B
Percent Insiders 0.09
Percent Institutions 68.46

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

News (Last Updated: 10/07/2026)

About AT&T Inc.

Exchange NYSE
Headquarters Dallas, TX, United States
IPO Launch date 1984-07-19
CEO, President & Chairman Mr. John T. Stankey
Sector Communication Services
Industry Telecom Services
Full time employees 133030
Full time employees 133030

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.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.