Zacks Research Has Bearish Estimate for AT&T Q2 Earnings

AT&T Inc. (NYSE:T) – Equities researchers at Zacks Research reduced their Q2 2025 earnings per share estimates for shares of AT&T in a research note issued on Monday, February 17th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings of $0.53 per share for the quarter, down from their previous forecast of $0.55. The consensus estimate for AT&T’s current full-year earnings is $2.15 per share. Zacks Research also issued estimates for AT&T’s Q3 2025 earnings at $0.51 EPS, Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $2.06 EPS, Q1 2026 earnings at $0.54 EPS, Q2 2026 earnings at $0.52 EPS, Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.55 EPS, FY2026 earnings at $2.14 EPS and FY2027 earnings at $2.44 EPS.

AT&T (NYSE:T) last posted its earnings results on Monday, January 27th. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.06. AT&T had a return on equity of 13.97% and a net margin of 8.95%.

Several other analysts have also recently commented on the company. JPMorgan Chase & Co. increased their target price on AT&T from $25.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. New Street Research raised AT&T from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd. Sanford C. Bernstein upped their price target on AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. The Goldman Sachs Group upped their price target on AT&T from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Citigroup upped their price target on AT&T from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.33.

AT&T Stock Performance

T opened at $26.23 on Wednesday. The stock has a market cap of $188.28 billion, a PE ratio of 17.60, a P/E/G ratio of 2.96 and a beta of 0.59. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.00. AT&T has a 1 year low of $15.94 and a 1 year high of $26.35. The stock’s 50 day simple moving average is $23.38 and its 200-day simple moving average is $22.20.

Hedge Funds Weigh In On AT&T

A number of hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of AT&T in the 4th quarter worth $1,858,418,000. GQG Partners LLC boosted its holdings in shares of AT&T by 37.3% during the 4th quarter. GQG Partners LLC now owns 96,779,385 shares of the technology company’s stock valued at $2,203,667,000 after purchasing an additional 26,280,866 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of AT&T by 31.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 53,432,827 shares of the technology company’s stock valued at $1,216,665,000 after purchasing an additional 12,881,578 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of AT&T by 16.3% during the 4th quarter. Northern Trust Corp now owns 78,148,354 shares of the technology company’s stock valued at $1,779,438,000 after purchasing an additional 10,945,679 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of AT&T by 4,986.1% during the 4th quarter. Assetmark Inc. now owns 9,913,960 shares of the technology company’s stock valued at $225,741,000 after purchasing an additional 9,719,036 shares during the last quarter. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 10th were issued a dividend of $0.2775 per share. The ex-dividend date was Friday, January 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.23%. AT&T’s payout ratio is 74.50%.

AT&T Company Profile

AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.