AT&T ( (T) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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AT&T shares have drifted lower in recent weeks, leaving the stock roughly flat over the past year around $26, even as Wall Street’s outlook turns more upbeat. Consensus 12‑month price targets cluster near $31, and J.P. Morgan’s Sebastiano Petti has reiterated a Buy with a $33 target, arguing that AT&T’s years of fiber and 5G investment position it for market‑share gains and stronger long‑term cash flows.
Petti and other bulls highlight accelerating EBITDA, rising free cash flow and double‑digit EPS growth expected through 2028, alongside more than $45 billion in planned capital returns. Recent acquisitions, including Lumen’s consumer fiber assets and EchoStar spectrum, plus better‑than‑expected Q1 2026 results, underpin the view that AT&T is a high‑yield telecom trading below its growth potential, offering value‑minded investors an appealing entry point.