(T) AT&T - Overview
Stock: Wireless, Fiber, Broadband, VoIP, Handsets
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.30% |
| Yield on Cost 5y | 7.08% |
| Yield CAGR 5y | -20.29% |
| Payout Consistency | 96.3% |
| Payout Ratio | 50.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 21.5% |
| Relative Tail Risk | -4.24% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.58 |
| Alpha | 10.37 |
| Character TTM | |
|---|---|
| Beta | 0.109 |
| Beta Downside | 0.336 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.41% |
| CAGR/Max DD | 0.61 |
Description: T AT&T January 26, 2026
AT&T Inc. (NYSE:T) is a global telecommunications and technology provider organized into two operating segments: Communications and Latin America. The Communications segment delivers wireless voice and data services, a broad portfolio of consumer devices, and enterprise solutions such as dedicated internet, fiber Ethernet, VPN, and managed services under brands including AT&T, AT&T Business, Cricket, and AT&T Fiber. The Latin America segment focuses on post-paid and prepaid wireless offerings in Mexico under the AT&T and Unefon brands, along with smartphone sales.
Key recent metrics (Q4 2023 / FY 2023): core earnings per share (EPS) of $2.08, free cash flow of $7.2 billion, and a 5-year average churn rate of 1.1 % for post-paid wireless customers. Capital expenditures were $6.3 billion, driven primarily by 5G network expansion and fiber-to-the-home deployments. The company’s debt-to-EBITDA ratio remains elevated at ~3.2×, reflecting its leveraged balance sheet.
Sector-wide drivers that continue to shape AT&T’s outlook include accelerating 5G adoption (U.S. 5G subscriptions grew 12 % YoY in Q4 2023), rising demand for fiber broadband amid remote-work trends, and macro-economic pressures such as higher interest rates that increase financing costs for capital-intensive telecoms. Competitive dynamics from rivals (Verizon, T-Mobile) and regulatory scrutiny over spectrum allocations also influence strategic positioning.
For a deeper quantitative assessment, consider reviewing the ValueRay model for T to explore its risk-adjusted upside.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 21.89b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.06 > 1.0 |
| NWC/Revenue: -4.02% < 20% (prev -12.84%; Δ 8.82% < -1%) |
| CFO/TA 0.10 > 3% & CFO 40.28b > Net Income 21.89b |
| Net Debt (136.81b) to EBITDA (54.70b): 2.50 < 3 |
| Current Ratio: 0.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (7.18b) vs 12m ago -0.37% < -2% |
| Gross Margin: 79.77% > 18% (prev 0.43%; Δ 7934 % > 0.5%) |
| Asset Turnover: 30.83% > 50% (prev 30.99%; Δ -0.15% > 0%) |
| Interest Coverage Ratio: 4.97 > 6 (EBITDA TTM 54.70b / Interest Expense TTM 6.80b) |
Altman Z'' 0.68
| A: -0.01 (Total Current Assets 48.73b - Total Current Liabilities 53.78b) / Total Assets 420.20b |
| B: 0.04 (Retained Earnings 15.77b / Total Assets 420.20b) |
| C: 0.08 (EBIT TTM 33.81b / Avg Total Assets 407.50b) |
| D: 0.08 (Book Value of Equity 22.53b / Total Liabilities 293.71b) |
| Altman-Z'' Score: 0.68 = B |
Beneish M -3.58
| DSRI: 0.89 (Receivables 8.84b/9.64b, Revenue 125.65b/122.34b) |
| GMI: 0.54 (GM 79.77% / 42.94%) |
| AQI: 0.95 (AQ_t 0.52 / AQ_t-1 0.54) |
| SGI: 1.03 (Revenue 125.65b / 122.34b) |
| TATA: -0.04 (NI 21.89b - CFO 40.28b) / TA 420.20b) |
| Beneish M-Score: -3.58 (Cap -4..+1) = AAA |
What is the price of T shares?
Over the past week, the price has changed by +3.51%, over one month by +12.77%, over three months by +10.95% and over the past year by +15.82%.
Is T a buy, sell or hold?
- StrongBuy: 12
- Buy: 8
- Hold: 7
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the T price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 29.3 | 8.1% |
| Analysts Target Price | 29.3 | 8.1% |
| ValueRay Target Price | 30.2 | 11.3% |
T Fundamental Data Overview February 07, 2026
P/E Forward = 11.8906
P/S = 1.5409
P/B = 1.7331
P/EG = 1.5437
Revenue TTM = 125.65b USD
EBIT TTM = 33.81b USD
EBITDA TTM = 54.70b USD
Long Term Debt = 128.09b USD (from longTermDebt, two quarters ago)
Short Term Debt = 9.01b USD (from shortTermDebt, last quarter)
Debt = 155.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 136.81b USD (from netDebt column, last quarter)
Enterprise Value = 330.42b USD (193.61b + Debt 155.04b - CCE 18.23b)
Interest Coverage Ratio = 4.97 (Ebit TTM 33.81b / Interest Expense TTM 6.80b)
EV/FCF = 17.00x (Enterprise Value 330.42b / FCF TTM 19.44b)
FCF Yield = 5.88% (FCF TTM 19.44b / Enterprise Value 330.42b)
FCF Margin = 15.47% (FCF TTM 19.44b / Revenue TTM 125.65b)
Net Margin = 17.42% (Net Income TTM 21.89b / Revenue TTM 125.65b)
Gross Margin = 79.77% ((Revenue TTM 125.65b - Cost of Revenue TTM 25.42b) / Revenue TTM)
Gross Margin QoQ = none% (prev 44.20%)
Tobins Q-Ratio = 0.79 (Enterprise Value 330.42b / Total Assets 420.20b)
Interest Expense / Debt = 1.18% (Interest Expense 1.83b / Debt 155.04b)
Taxrate = 2.56% (109.0m / 4.26b)
NOPAT = 32.95b (EBIT 33.81b * (1 - 2.56%))
Current Ratio = 0.91 (Total Current Assets 48.73b / Total Current Liabilities 53.78b)
Debt / Equity = 1.25 (Debt 155.04b / totalStockholderEquity, last quarter 124.49b)
Debt / EBITDA = 2.50 (Net Debt 136.81b / EBITDA 54.70b)
Debt / FCF = 7.04 (Net Debt 136.81b / FCF TTM 19.44b)
Total Stockholder Equity = 111.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.37% (Net Income 21.89b / Total Assets 420.20b)
RoE = 19.71% (Net Income TTM 21.89b / Total Stockholder Equity 111.05b)
RoCE = 14.14% (EBIT 33.81b / Capital Employed (Equity 111.05b + L.T.Debt 128.09b))
RoIC = 13.77% (NOPAT 32.95b / Invested Capital 239.22b)
WACC = 4.02% (E(193.61b)/V(348.66b) * Re(6.32%) + D(155.04b)/V(348.66b) * Rd(1.18%) * (1-Tc(0.03)))
Discount Rate = 6.32% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.08%
[DCF Debug] Terminal Value 86.68% ; FCFF base≈19.07b ; Y1≈19.75b ; Y5≈22.43b
Fair Price DCF = 75.25 (EV 666.31b - Net Debt 136.81b = Equity 529.50b / Shares 7.04b; r=5.90% [WACC]; 5y FCF grow 3.70% → 2.90% )
EPS Correlation: -80.64 | EPS CAGR: -9.94% | SUE: 1.06 | # QB: 1
Revenue Correlation: 55.74 | Revenue CAGR: 3.22% | SUE: 1.74 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.55 | Chg30d=+0.015 | Revisions Net=+4 | Analysts=16
EPS current Year (2026-12-31): EPS=2.33 | Chg30d=+0.097 | Revisions Net=+12 | Growth EPS=+9.9% | Growth Revenue=+2.2%
EPS next Year (2027-12-31): EPS=2.58 | Chg30d=+0.111 | Revisions Net=+5 | Growth EPS=+10.7% | Growth Revenue=+2.3%