AT&T IncNYSE: T
Communication Services · Integrated Telecommunication Services
$23.25
-0.17%
Vol: 11.6M
Research Digest
Tuesday, June 16, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21AT&T holds annual meeting May 14 with all 10 directors re-elected; two shareholder proposals defeated as company joins T-Mobile/Verizon in satellite D2D joint venture.Positive▶
AT&T's May 14, 2026 annual stockholder meeting re-elected all 10 director nominees and approved auditor ratification, executive compensation, officer exculpation, and the 2026 incentive plan, while shareholder proposals on right-to-act-by-written-consent (67.9% against) and EEO-1 disclosure (71.4% against) were defeated. AT&T, T-Mobile, and Verizon announced a joint venture to accelerate U.S. leadership in next-generation direct-to-device (D2D) satellite communications for unserved/underserved coverage gaps. Q1 2026 EPS of $0.57 beat the $0.55 consensus and revenue of $31.51 billion exceeded forecast. Shares trade near $25, with a 4.3% dividend yield and consensus Buy rating, average price target $30.53.
May 20AT&T CEO reaffirms 2026 outlook and $45B+ shareholder returns through 2028 at J.P. Morgan tech conference.Mixed▶
AT&T CEO John Stankey reiterated the company's 2026 and multi-year financial and operational guidance at the J.P. Morgan Global Technology Conference, including improved adjusted EBITDA, adjusted EPS, and higher free cash flow through 2028. Q2 free cash flow is expected at $4.0–$4.5B, with combined shareholder returns above $45B over 2026-2028. The update also highlighted ongoing fiber and 5G buildout investments and a joint satellite initiative with T-Mobile and Verizon. Despite the constructive guidance, shares fell roughly 4.5% over the past week as each strategic announcement saw negative 24-hour price reactions. Average analyst rating remains Buy with a 12-month target of about $30.37. Key risk: market skepticism over heavy capex and competitive pressure on the wireless side.
May 19AT&T CEO Stankey to reaffirm 2026 outlook and $45B+ shareholder returns through 2028 at JPMorgan TMT conferencePositive▶
CEO John Stankey is presenting at the J.P. Morgan Global TMT Conference on May 19 to update customer growth, financial outlook through 2028, and capital return targets. AT&T expects Q2 2026 free cash flow of $4.0-$4.5B with improving wireless service revenue and EBITDA growth versus Q1 rates. The company plans to return more than $45B to shareholders from 2026-2028 via dividends and buybacks. At the May 14 annual meeting, all 10 directors were re-elected and two shareholder proposals defeated. AT&T also announced a joint venture with T-Mobile and Verizon for satellite-based direct-to-device coverage. Risk: execution on fiber buildout and competitive intensity in wireless.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15AT&T shareholders re-elect entire board at May 14 annual meeting; FCC approves EchoStar spectrum transferPositive▶
At AT&T's May 14, 2026 annual meeting, all 10 director nominees were re-elected to one-year terms and key management proposals (auditor ratification, executive comp, officer exculpation amendment, 2026 incentive and stock purchase plans) passed with >93% support; two shareholder proposals were defeated. The FCC issued an order approving AT&T's application to acquire EchoStar's 600 MHz and 3.45 GHz spectrum licenses, materially expanding AT&T's mid-band 5G holdings. A new joint venture with T-Mobile and Verizon was announced in principle to eliminate US wireless dead zones via satellite connectivity. Toyota added AT&T 5G to the redesigned 2026 Lexus ES, expanding the connected-car partnership. CEO John Stankey will speak at the JPMorgan Global TMT Conference on May 19. Q1 2026 EPS of $0.57 beat $0.55 estimate.
May 14AT&T to webcast fireside chat with CEO John Stankey at J.P. Morgan TMT Conference on May 19, reiterating 2026 outlook and $45B+ capital return plan; stock at $25.10 on May 13.Positive▶
AT&T announced it will webcast a fireside chat with Chairman/CEO John Stankey at the 2026 J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 19, 2026 at 8:00 a.m. ET. The company reiterated its 2026 outlook and $45B+ capital return plan. As of May 13, 2026 the stock traded at $25.10, down 0.50%. Consensus rating remains Buy with a $30.57 price target across 15 analysts as of May 10. Management expects double-digit EPS growth annualized through 2028, supported by a 4.4% yielding dividend ($0.2775/quarter, payable May 1). The Motley Fool published a May 10 piece reviewing the turnaround case. Risk: stock trades at less than 11x estimated 2026 earnings reflecting investor caution on competitive intensity in wireless and broadband.
May 13AT&T extended its losing streak to seven days, falling to $24.78 on May 11, 2026, despite Q1 2026 EPS beat of $0.57 and best-ever Q1 internet net adds.Mixed▶
AT&T reported Q1 2026 EPS of $0.57, beating estimates of $0.55, with its fastest-ever YoY organic growth in advanced connectivity convergence rate and a record Q1 for internet customer net additions. The stock closed at $25.25 on May 12 after a 7-day losing streak that brought it to $24.78. The company trades at under 11x estimated 2026 earnings with a 4.4% dividend yield, and management projects double-digit annualized EPS growth through 2028. Consensus rating is Buy with 12-month target of $30.53 (~21% upside).
May 12AT&T stock slides ~1.5% to $24.78 on May 11 in a seventh straight down day; CEO John Stankey to do JPMorgan TMT fireside chat May 19.Mixed▶
AT&T extended a seven-day losing streak on May 11, falling about 1.5% to $24.78 despite the company reiterating its 2026 outlook and a $45B+ shareholder return plan. CEO John Stankey will speak at the J.P. Morgan Global Technology, Media and Communications Conference on May 19. AT&T's Plano, Texas headquarters project advanced with a 280-foot signature tower receiving zoning approval. Share buybacks surpassed dividends for the first time, lifting total shareholder yield above 8%, while S&P restored AT&T's credit to investment-grade (BBB). Sell-side consensus remains Buy with an average $30.55 price target.
May 11AT&T reiterates 2026 outlook and $45B+ shareholder return plan ahead of John Stankey's May 19 J.P. Morgan conference appearancePositive▶
AT&T announced CEO John Stankey will participate in a fireside chat at the 2026 J.P. Morgan Global TMC Conference on May 19. The company reaffirmed its 2026 financial guidance, including $18B+ free cash flow and plans to return $45B+ to shareholders during 2026-2028 via dividends and buybacks. AT&T's board also declared a quarterly dividend of $0.2775 per share. AT&T received its 22nd consecutive Gartner Magic Quadrant recognition for Global WAN Services. Average analyst price target is $30.53 with a Buy consensus from 17 analysts.
May 8AT&T reiterates 2026 outlook with $45B+ shareholder return plan and plans May 19 investor presentation at J.P. Morgan conference.Neutral▶
AT&T declared a quarterly dividend of $0.2775 per share and announced plans to webcast a fireside chat with CEO John Stankey at the May 19 J.P. Morgan Global Technology, Media and Communications Conference. The company reiterated its outlook for improved adjusted EBITDA and EPS growth through 2028, with plans to return $45 billion+ to shareholders during 2026-2028 through dividends and share repurchases. The company expects its net debt-to-adjusted EBITDA ratio to return to approximately 2.5x within three years following the EchoStar transaction closing. AT&T leads the nation in fastest upload experience with speeds 2x faster than competitors. The stock faces mixed sentiment as Q1 earnings beat estimates but investor interest focuses on 2026 guidance execution.
May 6AT&T posts Q1 2026 slight earnings beat but faces margin and cash flow headwinds amid wireless strengthNeutral▶
AT&T reported Q1 2026 results with slight earnings beat but stock declined on weaker margins and cash flow despite 2.9% revenue growth. Wireless phone sales again jumped and acquired Lumen business made small contribution. AT&T continues expanding fiber network as nation's biggest fiber internet provider and the third-largest wireless carrier behind T-Mobile and Verizon. Company is introducing specialty drinks and disciplined promotional strategy ahead of expected stronger forward momentum.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| VZVERIZON | $46.85 | -0.48% | +0.7% | 8.9x | 0.22 | $196.5B |
| TAT+T | $23.25 | -0.17% | -4.7% | 9.1x | 0.40 | $161.8B |
| GOOGLALPHABET | $374.61 | +1.42% | -7.0% | 25.5x | 1.24 | $4.50T |
| GOOGALPHABET | $372.35 | +1.43% | -6.6% | 25.4x | 1.24 | $4.48T |
| METAMETA | $597.66 | +0.70% | -2.9% | 16.4x | 1.23 | $1.51T |
| NFLXNETFLIX | $78.98 | -3.29% | -8.9% | 21.3x | 1.49 | $343.9B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.