AT&T Inc. 5.35% GLB NTS 66 · TBB · FY2025 Q3 · Calendar Q4 2025
The quarter supports a constructive operating thesis for AT&T: broadband additions, fiber growth and wireless-home-internet convergence are strengthening the business. The evidence is balanced by maintained rather than raised guidance, steady capital needs, and execution risks around competition, transactions and cash flow.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Compared with the prior quarter, management shifted from raised guidance to maintained guidance while emphasizing stronger broadband momentum, continued convergence, and pending Lumen fiber and EchoStar spectrum transactions. The current analysis also highlights legal settlement costs and transaction execution as nearer-term constraints.
Management maintained full-year guidance for low-single-digit service revenue growth and adjusted EBITDA growth of 3% or more; capital investment remained planned at $22 billion to $22.5 billion.
Follow TBB with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeLatest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 22, 2026. Not an FN2 forecast.
Upside is calculated against the persisted previous close $17.86. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Analyst unavailable | $22 | $22.99 | +23.2% | Jan 10, 2023 |
| Barclays | Analyst unavailable | $18 | $24.04 | +0.8% | Sep 29, 2022 |
| MoffettNathanson | Analyst unavailable | $17 | $24.85 | -4.8% | Aug 18, 2022 |
| UBS | Analyst unavailable | $24 | $24.71 | +34.4% | Jul 22, 2022 |
| Cowen & Co. | Analyst unavailable | $24 | $24.72 | +34.4% | Jul 22, 2022 |
| Deutsche Bank | Analyst unavailable | $22 | $24.71 | +23.2% | Jul 22, 2022 |
| Wells Fargo | Analyst unavailable | $23 | $24.75 | +28.8% | Jul 8, 2022 |
| Wolfe Research | Analyst unavailable | $22 | $25.02 | +23.2% | Jun 2, 2022 |
| Wells Fargo | Analyst unavailable | $21 | $24.58 | +17.6% | Apr 19, 2022 |
Track every rating change on TBB the moment it posts. Free to start.
Start freeAT&T Inc. operates as a parent corporation, offering a diverse portfolio of telecommunications, media, and technology services. Its business is structured into two main divisions: Communications and Latin America. The Communications division provides services to both individual consumers and corporate clients across the United States and its territories, as well as to businesses globally. In contrast, the Latin America division is dedicated to furnishing entertainment and wireless services primarily outside of the U.S. The company was founded in 1983 and has its headquarters situated in Dallas, Texas.
| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| T AT&T Inc. | FY2026 Q3 · Calendar Q4 2026 | +8.0% | -6.4% | AT&T: Strong connectivity growth, higher EPS outlook, execution risks remain |
| T-PC AT&T Inc. | FY2026 Q3 · Calendar Q4 2026 | +8.0% | +2.9% | AT&T raises EPS outlook as fiber and connectivity growth accelerate |
| META Meta Platforms, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +0.5% | Meta pairs strong ad growth with an unproven Muse monetization path |
| AMX América Móvil, S.A.B. de C.V. | FY2026 Q3 · Calendar Q4 2026 | — | +6.2% | América Móvil: Growth, M&A and cost efficiency remain in focus |
| T-PA AT&T Inc. | FY2026 Q3 · Calendar Q4 2026 | — | — | AT&T raises outlook as fiber growth broadens and capex plans moderate |
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-22. For educational purposes only; not investment advice.
