AT&T

Valuation Analysis

About the Company

AT&T en bref

AT&T (T) is currently trading at 19,20 € with a market capitalization of 133,4 Md €. The trailing P/E ratio stands at 7.24x, with a forward P/E of 8.63x. The 52-week range spans from 19,20 € to 26,00 €; the current price is 26.1% below the yearly high. Year-over-year revenue growth stands at +2.9%. The net profit margin stands at 16.94%.

💰 Dividende

AT&T currently does not pay a dividend. The company typically reinvests its earnings into growth initiatives and product development.

📊 Avis des analystes

23 analystes évaluent AT&T (T) au consensus : Acheter. L'objectif de cours moyen est de 26,42 €, soit un potentiel de +37.62% par rapport au cours actuel. La fourchette des objectifs de cours des analystes va de 21,82 € à 31,42 €.

AT&T : la thèse d'investissement en détail

AT&T (T) operates in the Communication Services — specifically Telecom Services — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

Le scénario haussier

The combination of a 59.41% gross margin and 22.72% operating margin shows the business converts revenue into profit efficiently — a hallmark of competitive moat. Free cash flow is positive and net margins stand at 16.94%, meaning reported earnings translate into real cash that can fund buybacks, dividends or strategic acquisitions. Wall Street consensus sits at Buy with an average price target implying roughly 37.62% upside from current levels — analyst sentiment is firmly constructive.

Le scénario baissier

Revenue growth has slowed to just 2.9%, which is below nominal GDP — the business is no longer outgrowing the broader economy.

Valorisation en contexte

The EV/EBITDA multiple of 7.36x is below the historical equity-market average — strategic acquirers would find the cash-flow profile attractive at this level.

À surveiller

• The price sits in the lower quartile of the 52-week range — value hunters often start scaling in around this zone if fundamentals hold.
• The analyst consensus price target implies 37.62% upside — if the next two quarters confirm the underlying thesis, target hikes typically follow.

Thèse d'investissement : forces et faiblesses

Aperçu technique

Price is below both the 50- and 200-day moving averages, with 50d below 200d — a bearish picture (death-cross alignment).

Profil de risque

The data points to relatively defensive market behavior, higher leverage relative to equity.

Trading Data

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