AT&T $T

Communication Services · Integrated Telecommunication Services · NYSE/NASDAQ

S&P 500 Russell 1000 Texas Earnings soon
$23.42
+0.22 (+0.95%)
As of Oct 20, 2026, 4:57 PM EDT
Price history
Loading chart…
Today's analyst average Analyst average over timeIndividual analyst targets Analyst history starts Jul 13, 2026, the first target we tracked for T.

Key facts

52-week range (closes)
$20.48 – $29.10 Lowest close Jul 1, 2026, highest Mar 27, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
Next earnings
Oct 21, 2026, before the open · EPS forecast $0.61 Nasdaq earnings calendar, as of Oct 20, 2026
Fiscal year ends
December Fiscal 2025 ended Dec 31, 2025, from SEC filings
In the S&P 500 since
Nov 30, 1983 · All S&P 500 changes
Analyst coverage
5 open price targets from 3 firms: Bernstein, Scotiabank, Wolfe Research Approved targets tracked here; see the analyst section below

AT&T (T) is trading up at $23.42 (+0.95%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Communication Services sector.

Analyst price targets on T

Current price targets from 3 firms average $26.8, median $27.5, ranging from $24 to $29 — the average is 15% above the current $23.4. Each is tracked to its date and scored the same way a member's call is.

Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.

AT&T revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$181.2B$86.3B−$8.52BFY2016 revenue: $163.8BFY2016 net income: $13.0B · Net margin 7.9%'16FY2017 revenue: $160.5BFY2017 net income: $29.4B · Net margin 18.3%'17FY2018 revenue: $170.8BFY2018 net income: $19.4B · Net margin 11.3%'18FY2019 revenue: $181.2BFY2019 net income: $13.9B · Net margin 7.7%'19FY2020 revenue: $143.1BFY2020 net income: −$5.18B · Net margin −3.6%'20FY2021 revenue: $134.0BFY2021 net income: $20.1B · Net margin 15.0%'21FY2022 revenue: $120.7BFY2022 net income: −$8.52B · Net margin −7.1%'22FY2023 revenue: $122.4BFY2023 net income: $14.4B · Net margin 11.8%'23FY2024 revenue: $122.3BFY2024 net income: $10.9B · Net margin 8.9%'24FY2025 revenue: $125.6BFY2025 net income: $22.0B · Net margin 17.5%'250%10%20%30%40%FY2016 net margin: 7.9%FY2017 net margin: 18.3%FY2018 net margin: 11.3%FY2019 net margin: 7.7%FY2020 net margin: −3.6% (off the scale, which stops at −1.9%)FY2021 net margin: 15.0%FY2022 net margin: −7.1% (off the scale, which stops at −1.9%)FY2023 net margin: 11.8%FY2024 net margin: 8.9%FY2025 net margin: 17.5%
AT&T annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$163.8B$160.5B$170.8B$181.2B$143.1B$134.0B$120.7B$122.4B$122.3B$125.6B
Growth (year over year)+11.6%−2.0%+6.4%+6.1%−21.1%−6.3%−9.9%+1.4%−0.1%+2.7%
Operating income$23.5B$20.0B$26.1B$28.0B$8.37B$25.9B−$4.59B$23.5B$19.0B$24.2B
Operating margin14.4%12.4%15.3%15.4%5.9%19.3%−3.8%19.2%15.6%19.2%
Net income$13.0B$29.4B$19.4B$13.9B−$5.18B$20.1B−$8.52B$14.4B$10.9B$22.0B
Net margin7.9%18.3%11.3%7.7%−3.6%15.0%−7.1%11.8%8.9%17.5%
EPS (diluted)$2.10$4.76$2.85$1.89−$0.75$2.73−$1.13$1.97$1.49$3.04
Balance sheet
Cash and equivalents$5.79B$50.5B$5.20B$9.70B$7.92B$19.2B$3.70B$6.72B$3.30B$18.2B
Total assets$403.8B$444.1B$531.9B$551.7B$525.8B$551.6B$402.9B$407.1B$394.8B$420.2B
Total liabilities$279.7B$302.1B$338.0B$349.7B$346.5B$367.8B$296.4B$289.6B$276.6B$293.7B
Long-term debt$113.7B$126.0B$166.3B$151.3B$153.8B$151.0B$128.4B$127.9B$118.4B$127.1B
Shareholders' equity$124.1B$142.0B$193.9B$201.9B$179.2B$183.9B$106.5B$117.4B$118.2B$126.5B
Cash flow
Operating cash flow$38.4B$38.0B$43.6B$48.7B$43.1B$42.0B$35.8B$38.3B$38.8B$40.3B
Capital expenditure$21.5B$20.6B$21.3B$19.6B$14.7B$15.5B$19.6B$17.9B$20.3B$20.8B
Free cash flow$16.9B$17.4B$22.4B$29.0B$28.4B$26.4B$16.2B$20.5B$18.5B$19.4B
Dividends paid$11.8B$12.0B$13.4B$14.9B$15.0B$15.1B$9.86B$8.14B$8.21B$8.18B
Share buybacks$512.0M$463.0M$609.0M$2.42B$5.50B$202.0M$890.0M$194.0M$215.0M$4.50B

From AT&T's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

AT&T vs the Communication Services sector and the S&P 500

AT&T's latest reported figures next to the median of the other 20 S&P 500 Communication Services companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.

AT&T compared with the median Communication Services company and the median S&P 500 company
MeasureAT&TCommunication Services (20 other S&P 500 companies)S&P 500 (502 other companies)
Revenue growth, latest fiscal year+2.7%+6.8%+7.0%
Net margin, latest fiscal year17.5%9.8%12.9%
Share price change, 1 year−10.3%+3.7%+7.5%

AT&T: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, AT&T included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 19/496, net margin 19/496, 1-year price change 19/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them. The S&P 500 price figure is the middle company's change, not the index's return.

About AT&T

AT&T Inc., an abbreviation of its predecessor's original name, the American Telephone and Telegraph Company, is an American multinational telecommunications company headquartered at the Whitacre Tower in Downtown Dallas, Texas. AT&T is the world's third-largest telecommunications company by revenue, the third-largest wireless carrier in the United States behind T-Mobile and Verizon, and the nation's largest fiber internet provider. On the New York Stock Exchange, AT&T trades under the ticker symbol "T", and has a market capitalization of $186.83 billion. On the Fortune 500 (2025) AT&T ranked 37th among the largest American businesses and reported revenues of $125.6 billion last year.

Source: Wikipedia — AT&T

Headquarters
Dallas, Texas From SEC filings, Oct 2026

Recent News (2)

More Communication Services stocks

Browse all companies →