AT&T (T) Stock Forecast & Price Target

AT&T's consolidated revenue rose by 0.9% year-over-year, reaching $32.3 billion, while segment EBITDA experienced a more substantial increase of 6.1% to $8.9 billion, driven by improved cost efficiencies. The company's Return on Capital (ROC) also reflected positive progress, climbing from 4.51% to 4.93% over the last twelve months. Furthermore, consumer broadband revenues grew by 7.2% year-over-year, totaling $11.2 billion, underscoring a robust performance in the fixed-line services segment.

AT&T's economic profit declined significantly by 33.85% year-over-year, exacerbating its financial challenges as it reported a worsening loss of $2.12 million. The firm also experienced a drop in postpaid phone net additions, with 482,000 new subscribers, which was lower than the previous year's figure of 526,000, indicating a potential stagnation in growth. Additionally, AT&T's wireline EBITDA guidance suggests mid-teen declines, reflecting ongoing pressure in a segment that relied on fixed-line enterprise services and broadband internet access amidst overall flat revenue performance of $122.3 billion for FY 2024.