AT&T CFO cites weak new customer trends

AT&T (NYSE:T) is a major player in the telecommunications industry, known for its extensive network services, including wireless, broadband, and fiber. The company has recently launched Connectopia at the Intuit Dome, in partnership with the Los Angeles Clippers. This innovative experience leverages AT&T's Fiber and 5G technology to offer fans an immersive, AI-driven world-building platform.

Connectopia allows fans to engage with the game in a unique way by creating personalized digital districts. These are displayed on a massive 30-foot parabolic wraparound screen, enhancing the game-day experience. The initiative is supported by AT&T's fast and reliable fiber and 5G capabilities, as highlighted by Melissa Arnoldi, executive vice president and general manager of AT&T Business.

The launch of Connectopia aligns with AT&T's commitment to innovation and enhancing connectivity. This is further emphasized by Gillian Zucker, CEO of Halo Sports and Entertainment, who noted that Connectopia transforms the Intuit Dome into a participatory space for fans. The installation features real-time, cinematic 8K AI videos, combining AI image generation, computer vision, and procedural 3D animation.

On the financial front, UBS has reiterated its "Buy" rating for AT&T, with a price target of $31, as reported by StreetInsider. At the time of this announcement, the stock was priced at $24.68, indicating a potential upside of approximately 25.58%. This reflects confidence in AT&T's market position and growth prospects.

AT&T's financial metrics provide further insight into its valuation. The company has a price-to-earnings (P/E) ratio of approximately 14.21, a price-to-sales ratio of about 1.45, and an enterprise value to sales ratio of around 2.56. These figures suggest a balanced market valuation. Additionally, the debt-to-equity ratio of approximately 1.25 indicates a moderate level of leverage, while the current ratio of around 1.01 suggests the company's ability to cover short-term liabilities.

• Gregory Williams from Williams Trading set a price target of $33 for AT&T Inc. (NYSE:T), indicating a potential increase of 29.16% from its current price.
• The company's recent fiscal third-quarter earnings met analysts' expectations, leading to revised forecasts.
• AT&T's stock has experienced a decrease of 1.96%, with a current price of $25.05, reflecting market volatility and investor interest.

AT&T Inc. (NYSE:T) is a major player in the telecommunications industry, providing services such as wireless communications, broadband, and digital entertainment. The company competes with other giants like Verizon and T-Mobile. Recently, Gregory Williams from Williams Trading set a price target of $33 for AT&T, suggesting a potential increase of 29.16% from its current price of $25.55.

AT&T's recent fiscal third-quarter earnings met analysts' expectations, which has led to revised forecasts for the company. Despite this, the stock price has decreased by 1.96%, now standing at $25.05. This drop reflects a $0.50 change, with the stock fluctuating between $24.96 and $25.68 today.

The company's market capitalization is approximately $179.1 billion, indicating its significant presence in the market. Over the past year, AT&T's stock has seen a high of $29.79 and a low of $21.38. This range highlights the volatility and potential for growth within the stock.

Today's trading volume for AT&T is 8,479,079 shares, showing active investor interest. The recent earnings report and subsequent forecast adjustments have drawn attention to AT&T's financial performance and future outlook, as highlighted by Benzinga. Investors are closely watching how these factors will influence the stock's trajectory.

AT&T Inc. (NYSE:T) shares rose more than 5% intra-day today after the company delivered stronger-than-expected fourth-quarter results, fueled by a robust increase in monthly bill-paying wireless subscribers, underscoring sustained demand for its premium unlimited plans. The telecom giant reported 482,000 net monthly paying wireless phone subscribers, surpassing the Street projection of 441,511.

AT&T reaffirmed its long-term growth strategy outlined during its investor day last year. The Dallas-based telecom leader aims to double its fiber internet availability and expand its 5G network footprint. By leveraging bundled discounts on fiber internet and wireless services, AT&T seeks to further enhance its customer base and market position.

For fiscal year 2025, the company projects adjusted core income growth of at least 3%. Excluding its interest in DirecTV, which is being sold to TPG Capital for $7.6 billion, AT&T anticipates generating more than $16 billion in free cash flow during the year. The firm plans to initiate share buybacks in the second half of 2025 as part of its broader capital return program, which aims to deliver over $40 billion to shareholders through dividends and repurchases over the next three years.

In the fourth quarter, adjusted earnings per share reached $0.54, exceeding analysts’ expectations of $0.50. Revenue rose 0.9% year-over-year to $32.3 billion, buoyed by stronger-than-expected performance in its mobility unit. This result also topped Wall Street’s estimate of $32.03 billion.

AT&T Inc. (NYSE:T) shares rose more than 5% intra-day today after the company delivered stronger-than-expected fourth-quarter results, fueled by a robust increase in monthly bill-paying wireless subscribers, underscoring sustained demand for its premium unlimited plans. The telecom giant reported 482,000 net monthly paying wireless phone subscribers, surpassing the Street projection of 441,511.

AT&T reaffirmed its long-term growth strategy outlined during its investor day last year. The Dallas-based telecom leader aims to double its fiber internet availability and expand its 5G network footprint. By leveraging bundled discounts on fiber internet and wireless services, AT&T seeks to further enhance its customer base and market position.

For fiscal year 2025, the company projects adjusted core income growth of at least 3%. Excluding its interest in DirecTV, which is being sold to TPG Capital for $7.6 billion, AT&T anticipates generating more than $16 billion in free cash flow during the year. The firm plans to initiate share buybacks in the second half of 2025 as part of its broader capital return program, which aims to deliver over $40 billion to shareholders through dividends and repurchases over the next three years.

In the fourth quarter, adjusted earnings per share reached $0.54, exceeding analysts’ expectations of $0.50. Revenue rose 0.9% year-over-year to $32.3 billion, buoyed by stronger-than-expected performance in its mobility unit. This result also topped Wall Street’s estimate of $32.03 billion.

AT&T Inc. (NYSE:T) is a major player in the telecommunications industry, providing a wide range of services including wireless communications, broadband, and digital entertainment. The company competes with other giants like Verizon and T-Mobile in the U.S. market. Despite facing challenges, AT&T remains a significant force in the industry due to its extensive network and customer base.

In recent performance, AT&T's stock has seen a slight decline of 0.89% over the past 30 days. This modest dip suggests that the stock may be poised for a rebound. The more pronounced 4.02% drop in the last 10 days could be an opportunity for investors to buy as the stock nears a local minimum, potentially setting the stage for future gains.

AT&T's growth potential is underscored by a projected stock price increase of 4.59%. This indicates that the stock might be undervalued at its current price, with room for upward correction. Analysts have set a target price of $23.83, reflecting confidence in the stock's ability to recover and grow beyond its current levels, making it an attractive option for investors.

The company's strong fundamentals are highlighted by a Piotroski Score of 8, which signals robust financial health. This score takes into account various factors such as profitability, leverage, liquidity, and operating efficiency. Such a high score suggests that AT&T is well-positioned to maintain its financial stability and continue its growth trajectory.

Overall, AT&T Inc. (NYSE:T) offers a compelling investment opportunity, especially for those looking to benefit from its recent price dip and solid fundamentals. The combination of a high Piotroski Score and significant growth potential makes it a stock worth considering for both short-term gains and long-term investment strategies.

AT&T Inc. (NYSE:T) is a major player in the telecommunications industry, providing a wide range of services including wireless communications, broadband, and digital entertainment. The company competes with other giants like Verizon and T-Mobile in the U.S. market. Despite facing challenges, AT&T remains a significant force in the industry due to its extensive network and customer base.

In recent performance, AT&T's stock has seen a slight decline of 0.89% over the past 30 days. This modest dip suggests that the stock may be poised for a rebound. The more pronounced 4.02% drop in the last 10 days could be an opportunity for investors to buy as the stock nears a local minimum, potentially setting the stage for future gains.

AT&T's growth potential is underscored by a projected stock price increase of 4.59%. This indicates that the stock might be undervalued at its current price, with room for upward correction. Analysts have set a target price of $23.83, reflecting confidence in the stock's ability to recover and grow beyond its current levels, making it an attractive option for investors.

The company's strong fundamentals are highlighted by a Piotroski Score of 8, which signals robust financial health. This score takes into account various factors such as profitability, leverage, liquidity, and operating efficiency. Such a high score suggests that AT&T is well-positioned to maintain its financial stability and continue its growth trajectory.

Overall, AT&T Inc. (NYSE:T) offers a compelling investment opportunity, especially for those looking to benefit from its recent price dip and solid fundamentals. The combination of a high Piotroski Score and significant growth potential makes it a stock worth considering for both short-term gains and long-term investment strategies.

Citi analysts maintained a Buy rating for AT&T (NYSE:T) with a price target of $24 on the stock. The bank highlighted the upcoming analyst meeting on December 3 as a potential positive catalyst, where AT&T could outline updates to its long-term strategy, financial outlook, and capital allocation plans.

The analysts anticipate that AT&T will continue its strong expansion of its fiber footprint and might introduce a multi-year share repurchase program, estimated at around $20-30 billion over the next four years. Additionally, they expect AT&T to maintain financial flexibility, positioning the company for potential spectrum acquisitions and further investments in inorganic fiber growth.