T AT&T Inc.
AT&T Inc. (T) trend channel, buy level and 3-month target on Trade The Path. Sector: Communication Services. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 6 comparable calls have settled; 50% reached the published sell target. Information only, not financial advice.
Mid-channel
Price is between the two trend lines. Nothing to act on yet.
Read from the last 2 years of history we hold: rising, drifting +7% a year. The target of US$28.73 is below the nearest ceiling (US$29.84), so it does not depend on a breakout. What would overturn this: a close below US$24.51 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 2 years read from
- US$24.51 – US$29.84 Rising channel, +7% a year
- Position in that channel
- 26% 0% at the floor, 100% at the ceiling
What broke this trend
- The fall
- -29% from US$28.4127 Mar 2026 → 1 July 2026
- Whose problem it was
- Its sector2 of 4 Telecommunications Services peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 79%of what it lost
- What the record says
- 86% of 1145 comparable falls came back, typically in 70 days measured across every stock we hold history for, its peer group being too small
The trend broke in March 2026: price fell 29% from 28.41 to 20.23 by July 2026, and has regained 79% of that fall since. It was not this company alone: 2 of 4 Telecommunications Services peers fell as far within weeks of it, so the fall was the sector repricing rather than news about this business. The wire that week: “Keybanc Maintains Overweight on AT&T, Raises Price Target to $36”. Falls like it have resolved: falls of about 29% here have come back to the old high 86% of the time (1145 comparable falls), typically in 70 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 28.73 within 24 days, reached 86% of the time in 1145 comparable falls — about 0.31% a day held.
The buy and sell prices below are priced off this recovery rather than off the channel: it is the better expected return per day held once each is charged for the odds of working.
Reported at the time: Keybanc Maintains Overweight on AT&T, Raises Price Target to $36 — 25 Mar 2026
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (2 years)
- Lower trend line (2 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$25.89
last close · 16 Sept 2026
Channel buy is US$26.73; last close is the better price available now.
Our target
US$28.73
by 10 Oct 2026
Projected move
11.0%
gross, before costs
Last close is our buy — the best price available now.
The trend broke in March 2026: price fell 29% from 28.41 to 20.23 by July 2026, and has regained 79% of that fall since. It was not this company alone: 2 of 4 Telecommunications Services peers fell as far within weeks of it, so the fall was the sector repricing rather than news about this business. The wire that week: “Keybanc Maintains Overweight on AT&T, Raises Price Target to $36”. Falls like it have resolved: falls of about 29% here have come back to the old high 86% of the time (1145 comparable falls), typically in 70 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 28.73 within 24 days, reached 86% of the time in 1145 comparable falls — about 0.31% a day held. The entry is today's price, not a dip level: the fall is behind it and the evidence measured is what these recoveries paid from here, so waiting for a lower entry would be waiting for something the record does not say is coming. Of 1145 comparable falls across every stock we hold history for, 86% were back at the old high within 70 days of the low, and the ones that got there gave up about 10% along the way — so expect to be underwater before it works. The target is the median level they regained, which is short of the old high of 28.41 because not all of them saw it again. It is a prediction and it is revised the same way any other is: if price loses its 50-day trend and stays below it, the recovery is treated as failed rather than delayed.
On this stock's own history these rules produced 6 settled calls, of which 3 reached target (50%), with an average best move of 4.7%. See the full record.
- Upper line touches
- 7
- Lower line touches
- 4
- Fit confidence
- 35%
- Fitted
- 16 Sept 2026
About AT&T Inc.
Globally, AT&T Inc. delivers an array of telecommunication, media, and technology offerings. Within its Communications division, the company supplies wireless voice and data communication services. It also markets mobile devices, such as smartphones, wireless data access cards, and portable computing gadgets, alongside accessories like protective cases and hands-free equipment. These products are distributed through AT&T's proprietary outlets, authorized agents, and external retail partners. Furthermore, this segment caters to a broad clientele including multinational corporations, small-to-medium-sized enterprises, government entities, and wholesale clients. For these customers, it delivers an extensive suite of services encompassing data, voice connectivity, cybersecurity, cloud-based solutions, outsourcing, and both managed and professional services, in addition to client-side equipment. Residential consumers also benefit from this division's provision of high-speed fiber optic internet and traditional landline telephone services. Its communication-related offerings and merchandise are promoted under well-known brand names such as AT&T, Cricket, AT&T PREPAID, and AT&T Fiber. The Latin America segment is responsible for delivering wireless communication services within Mexico, as well as video entertainment services across the wider Latin American region. These services and products are branded as AT&T and Unefon. Established in 1983 and headquartered in Dallas, Texas, the corporation was previously known as SBC Communications Inc. and officially adopted the name AT&T Inc. in 2005.
- Sector
- Communication Services
- Industry
- Telecommunications Services
- CEO
- John T. Stankey
- Employees
- 133,030
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- 97/100
- Profitability
- 63/100
- Financial health
- 23/100
- Cash generation
- 95/100
Key statistics
- Market cap
- US$178.16B
- Enterprise value
- US$323.48B
- Beta
- 0.42
- Avg volume
- 54.58M
- Revenue per share
- 18.34
- Dividend yield
- 4.27%
- 52-week range
- 19.89-29.79
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 8.58
- PEG
- 0.12
- Price / sales
- 1.40
- Price / book
- 1.63
- EV / EBITDA
- 6.02
- Gross margin
- 59.72%
- Operating margin
- 20.38%
- Net margin
- 16.89%
- Current ratio
- 0.97
- Quick ratio
- 0.93
- Debt / equity
- 1.47
- Interest cover
- 3.59
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$125.65B | US$74.83B | US$25.00B | US$21.89B | US$3.04 |
| 2024 | US$122.34B | US$52.53B | US$24.26B | US$10.95B | US$1.49 |
| 2023 | US$122.43B | US$53.53B | US$24.77B | US$14.40B | US$1.97 |
| 2022 | US$120.74B | US$69.89B | -US$4.59B | -US$8.52B | -US$1.13 |
| 2021 | US$134.04B | US$73.63B | US$25.90B | US$20.08B | US$2.73 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$420.20B | US$291.71B | US$110.53B |
| 2024 | US$394.80B | US$274.57B | US$104.37B |
| 2023 | US$407.06B | US$287.64B | US$103.30B |
| 2022 | US$402.85B | US$296.40B | US$97.50B |
| 2021 | US$551.62B | US$367.77B | US$166.33B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$40.28B | US$19.44B | US$23.39B |
| 2024 | US$38.77B | US$18.51B | US$12.25B |
| 2023 | US$38.31B | US$20.46B | US$14.40B |
| 2022 | US$32.02B | US$12.40B | -US$6.87B |
| 2021 | US$41.96B | US$25.43B | US$21.48B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2025 | US$2.06 | US$125.02B | 17 |
| 2026 | US$2.34 | US$129.24B | 14 |
| 2027 | US$2.56 | US$131.94B | 14 |
| 2028 | US$2.91 | US$134.73B | 7 |
| 2029 | US$3.15 | US$138.96B | 2 |
| 2030 | US$3.52 | US$143.20B | 4 |
Analyst view
- Target (mean)
- US$26.69
- Target (high)
- US$30.00
- Target (low)
- US$20.00
- Strong buy
- 1
- Buy
- 25
- Hold
- 30
- Sell
- 6
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.