Fintel reports that on January 16, 2025, Argus Research upgraded their outlook for AT&T (NYSE:T) from Hold to Buy.
Analyst Price Forecast Suggests 14.59% Upside
As of December 22, 2024, the average one-year price target for AT&T is $25.23/share. The forecasts range from a low of $13.13 to a high of $31.50. The average price target represents an increase of 14.59% from its latest reported closing price of $22.02 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for AT&T is 128,044MM, an increase of 4.90%. The projected annual non-GAAP EPS is 2.63.
What is the Fund Sentiment?
There are 3,465 funds or institutions reporting positions in AT&T. This is an increase of 80 owner(s) or 2.36% in the last quarter. Average portfolio weight of all funds dedicated to T is 0.47%, an increase of 8.53%. Total shares owned by institutions increased in the last three months by 5.37% to 4,921,898K shares. 
The put/call ratio of T is 0.62, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 227,380K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 226,423K shares , representing an increase of 0.42%. The firm increased its portfolio allocation in T by 8.59% over the last quarter.
Newport Trust holds 194,304K shares representing 2.71% ownership of the company. In its prior filing, the firm reported owning 197,977K shares , representing a decrease of 1.89%. The firm increased its portfolio allocation in T by 9.05% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 187,790K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 184,028K shares , representing an increase of 2.00%. The firm increased its portfolio allocation in T by 8.11% over the last quarter.
Geode Capital Management holds 161,121K shares representing 2.25% ownership of the company. In its prior filing, the firm reported owning 157,490K shares , representing an increase of 2.25%. The firm increased its portfolio allocation in T by 8.59% over the last quarter.
FXAIX - Fidelity 500 Index Fund holds 88,335K shares representing 1.23% ownership of the company. In its prior filing, the firm reported owning 87,040K shares , representing an increase of 1.47%. The firm increased its portfolio allocation in T by 2.27% over the last quarter.
AT&T Background Information
(This description is provided by the company.)
AT&T Inc. is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobile and broadband. Plus, it serves high-speed, highly secure connectivity and smart solutions to nearly 3 million business customers. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers with innovative and relevant advertising solutions for consumers around premium video content and digital advertising through its platform. AT&T Latin America provides pay-TV services across 10 countries and territories in Latin America and the Caribbean and wireless services to consumers and businesses in Mexico. AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information is available at about.att.com. © 2020 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.
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