Key Highlights:
- AT&T (T, Financial) posted a revenue beat despite slightly missing EPS estimates.
- Analysts offer a mixed outlook with a modest upside potential.
- GuruFocus suggests a notable downside based on the GF Value estimate.
AT&T (T) delivered a Non-GAAP earnings per share of $0.51, narrowly missing expectations by a mere $0.01. Nonetheless, the company reported robust revenue figures totaling $30.63 billion, surpassing forecasts by $270 million. This performance underscores AT&T's resilience in navigating an increasingly challenging market environment.
Wall Street Analysts Forecast
Wall Street analysts have offered a range of one-year price targets for AT&T Inc (T, Financial), averaging at $27.25. This includes a high projection of $32.00 and a low of $17.80. The average target price indicates a slight upside of 1.06% from the current trading price of $26.96. For a more comprehensive analysis, please visit the AT&T Inc (T) Forecast page.
Brokerage Firm Recommendations
Consensus from 31 brokerage firms ranks AT&T Inc (T, Financial) with an average recommendation of 2.1, a designation of "Outperform." The rating scale provides a range from 1, representing a Strong Buy, to 5, indicating Sell, reflecting positive sentiment towards AT&T's stock performance.
GuruFocus GF Value Assessment
According to GuruFocus estimates, the GF Value for AT&T Inc (T, Financial) stands at $18.48 over the coming year, which suggests a potential downside of 31.45% from the current price of $26.96. The GF Value is a calculated estimation of fair value based on historical trading multiples, past business growth, and future performance projections. For further details on these metrics, please refer to the AT&T Inc (T) Summary page.
